IRIS Accounts Production v25.1.4.42 04899459 director 1.1.24 31.12.24 31.12.24 false true false false true false A Ordinary £1 1.00000 B Ordinary £1 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04899459 2023-12-31 04899459 2024-12-31 04899459 2024-01-01 2024-12-31 04899459 2022-12-31 04899459 2023-01-01 2023-12-31 04899459 2023-12-31 04899459 ns15:EnglandWales 2024-01-01 2024-12-31 04899459 ns14:PoundSterling 2024-01-01 2024-12-31 04899459 ns10:Director1 2024-01-01 2024-12-31 04899459 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04899459 ns10:SmallEntities 2024-01-01 2024-12-31 04899459 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04899459 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 04899459 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04899459 ns10:FullAccounts 2024-01-01 2024-12-31 04899459 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 04899459 ns10:OrdinaryShareClass2 2024-01-01 2024-12-31 04899459 ns10:RegisteredOffice 2024-01-01 2024-12-31 04899459 ns5:CurrentFinancialInstruments 2024-12-31 04899459 ns5:CurrentFinancialInstruments 2023-12-31 04899459 ns5:Non-currentFinancialInstruments 2024-12-31 04899459 ns5:Non-currentFinancialInstruments 2023-12-31 04899459 ns5:ShareCapital 2024-12-31 04899459 ns5:ShareCapital 2023-12-31 04899459 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 04899459 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 04899459 ns5:PlantMachinery 2024-01-01 2024-12-31 04899459 ns5:LongLeaseholdAssets ns5:LandBuildings 2023-12-31 04899459 ns5:FurnitureFittings 2023-12-31 04899459 ns5:MotorVehicles 2023-12-31 04899459 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-01 2024-12-31 04899459 ns5:FurnitureFittings 2024-01-01 2024-12-31 04899459 ns5:MotorVehicles 2024-01-01 2024-12-31 04899459 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-12-31 04899459 ns5:FurnitureFittings 2024-12-31 04899459 ns5:MotorVehicles 2024-12-31 04899459 ns5:LongLeaseholdAssets ns5:LandBuildings 2023-12-31 04899459 ns5:FurnitureFittings 2023-12-31 04899459 ns5:MotorVehicles 2023-12-31 04899459 ns5:FurnitureFittings ns5:LeasedAssetsHeldAsLessee 2023-12-31 04899459 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2023-12-31 04899459 ns5:LeasedAssetsHeldAsLessee 2023-12-31 04899459 ns5:FurnitureFittings ns5:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04899459 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04899459 ns5:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04899459 ns5:FurnitureFittings ns5:LeasedAssetsHeldAsLessee 2024-12-31 04899459 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-12-31 04899459 ns5:LeasedAssetsHeldAsLessee 2024-12-31 04899459 ns5:FurnitureFittings ns5:LeasedAssetsHeldAsLessee 2023-12-31 04899459 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2023-12-31 04899459 ns5:LeasedAssetsHeldAsLessee 2023-12-31 04899459 ns5:CostValuation 2023-12-31 04899459 ns5:CurrentFinancialInstruments ns5:WithinOneYear 2024-12-31 04899459 ns5:CurrentFinancialInstruments ns5:WithinOneYear 2023-12-31 04899459 ns5:Secured 2024-12-31 04899459 ns5:Secured 2023-12-31 04899459 ns10:OrdinaryShareClass1 2024-12-31 04899459 ns10:OrdinaryShareClass2 2024-12-31

REGISTERED NUMBER: 04899459 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

P & S NELSON LIMITED

| P & S NELSON LIMITED (REGISTERED NUMBER: 04899459) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| P & S NELSON LIMITED |

COMPANY INFORMATION

for the Year Ended 31 December 2024

| DIRECTOR: | P C Nelson

| REGISTERED OFFICE: | Greenbank House

| 141 Adelphi Street

| Preston

| Lancashire

| PR1 7BH

| REGISTERED NUMBER: | 04899459 (England and Wales)

| ACCOUNTANTS: | James Todd & Co

| Greenbank House

| 141 Adelphi Street

| Preston

| Lancashire

| PR1 7BH

| P & S NELSON LIMITED (REGISTERED NUMBER: 04899459) |

BALANCE SHEET

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 760,458 |  | 947,766 |  |

Investments | 5 | 76,803 |  | 76,803 |  |

837,261 |  | 1,024,569 |  |

CURRENT ASSETS

Debtors | 6 | 134,926 |  | 123,859 |  |

Cash at bank and in hand | 8,956 |  | 17,810 |  |

143,882 |  | 141,669 |  |

CREDITORS

Amounts falling due within one year | 7 | 272,224 |  | 292,995 |  |

NET CURRENT LIABILITIES | (128,342 | ) | (151,326 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 708,919 |  | 873,243 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (186,049 | ) | (398,837 | ) |

PROVISIONS FOR LIABILITIES | (109,201 | ) | (144,338 | ) |

NET ASSETS | 413,669 |  | 330,068 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 413,569 |  | 329,968 |  |

SHAREHOLDERS' FUNDS | 413,669 |  | 330,068 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

| P & S NELSON LIMITED (REGISTERED NUMBER: 04899459) |

BALANCE SHEET - continued

31 December 2024

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2025 and were signed by:

P C Nelson - Director

| P & S NELSON LIMITED (REGISTERED NUMBER: 04899459) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| P & S Nelson Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Preparation of consolidated financial statements

| The financial statements contain information about P & S Nelson Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover is measured at fair value of the consideration received or receivable,excluding discounts,rebates and value added tax from the hire of vehicles owned by the company.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| P & S NELSON LIMITED (REGISTERED NUMBER: 04899459) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2023 - 19 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |

| Buildings |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2024 | 165,021 |  | 73,105 |  | 1,526,166 |  | 1,764,292 |  |

| Additions | - |  | 3,699 |  | 43,000 |  | 46,699 |  |

| Disposals | - |  | - |  | (209,925 | ) | (209,925 | ) |

| At 31 December 2024 | 165,021 |  | 76,804 |  | 1,359,241 |  | 1,601,066 |  |

| DEPRECIATION

| At 1 January 2024 | - |  | 50,033 |  | 766,493 |  | 816,526 |  |

| Charge for year | - |  | 6,076 |  | 191,835 |  | 197,911 |  |

| Eliminated on disposal | - |  | - |  | (173,829 | ) | (173,829 | ) |

| At 31 December 2024 | - |  | 56,109 |  | 784,499 |  | 840,608 |  |

| NET BOOK VALUE

| At 31 December 2024 | 165,021 |  | 20,695 |  | 574,742 |  | 760,458 |  |

| At 31 December 2023 | 165,021 |  | 23,072 |  | 759,673 |  | 947,766 |  |

| P & S NELSON LIMITED (REGISTERED NUMBER: 04899459) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2024

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024

| and 31 December 2024 | 34,250 |  | 1,149,754 |  | 1,184,004 |  |

| DEPRECIATION

| At 1 January 2024 | 17,794 |  | 433,972 |  | 451,766 |  |

| Charge for year | 4,114 |  | 178,946 |  | 183,060 |  |

| At 31 December 2024 | 21,908 |  | 612,918 |  | 634,826 |  |

| NET BOOK VALUE

| At 31 December 2024 | 12,342 |  | 536,836 |  | 549,178 |  |

| At 31 December 2023 | 16,456 |  | 715,782 |  | 732,238 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST OR VALUATION

| At 1 January 2024

| and 31 December 2024 | 76,803 |  |

| NET BOOK VALUE

| At 31 December 2024 | 76,803 |  |

| At 31 December 2023 | 76,803 |  |

| Cost or valuation at 31 December 2024 is represented by:

| Shares in

| group

| undertakings

£ |

| Cost | 76,803 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 107,691 |  | 92,518 |  |

| Other debtors | - |  | 5,000 |  |

| Prepayments | 27,235 |  | 26,341 |  |

134,926 |  | 123,859 |  |

| P & S NELSON LIMITED (REGISTERED NUMBER: 04899459) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2024

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 17,844 |  | 11,948 |  |

| Hire purchase contracts | 181,280 |  | 182,456 |  |

| Trade creditors | 29,722 |  | 26,406 |  |

| Tax | 9,683 |  | - |  |

| Social security and other taxes | 21,137 |  | 31,165 |  |

| Directors' current accounts | 9,711 |  | 31,156 |  |

| Accrued expenses | 2,847 |  | 9,864 |  |

272,224 |  | 292,995 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Hire purchase contracts | 186,049 |  | 367,395 |  |

| Other creditors | - |  | 31,442 |  |

186,049 |  | 398,837 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank overdrafts | 17,844 |  | 11,948 |  |

| Hire purchase contracts | 367,329 |  | 549,851 |  |

385,173 |  | 561,799 |  |

| The hire purchase liabilities are secured on the relevant assets.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

| 84 | A Ordinary £1 | 1 | 84 |  | 84 |  |

| 16 | B Ordinary £1 | 1 | 16 |  | 16 |  |

100 |  | 100 |  |

11. | ULTIMATE CONTROLLING PARTY

| The company is controlled by Mr P Nelson who owns 84 of the 100 issued shares.