REGISTERED NUMBER: 07458364 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Nicholas D Downing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N D Downing

Mrs M Downing

REGISTERED OFFICE:

Unit 33 Century Business Centre

Century Business Park

Manvers

Rotherham

South Yorkshire

S63 5DA

REGISTERED NUMBER:

07458364 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,317

4,458

Investments

5

507,465

485,239

511,782

489,697

CURRENT ASSETS

Debtors

6

39,786

52,745

Cash at bank

116,159

89,481

155,945

142,226

CREDITORS

Amounts falling due within one year

7

8,077

10,489

NET CURRENT ASSETS

147,868

131,737

TOTAL ASSETS LESS CURRENT LIABILITIES

659,650

621,434

PROVISIONS FOR LIABILITIES

820

847

NET ASSETS

658,830

620,587

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

40,592

40,592

Retained earnings

9

618,138

579,895

SHAREHOLDERS' FUNDS

658,830

620,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2025 and were signed on its behalf by:

Mr N D Downing - Director

1.	STATUTORY INFORMATION

Nicholas D Downing 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

13,236

Additions

990

At 31 March 2025

14,226

DEPRECIATION

At 1 April 2024

8,778

Charge for year

1,131

At 31 March 2025

9,909

NET BOOK VALUE

At 31 March 2025

4,317

At 31 March 2024

4,458

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

485,239

Additions

9,752

Revaluations

12,474

At 31 March 2025

507,465

NET BOOK VALUE

At 31 March 2025

507,465

At 31 March 2024

485,239

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2017

31,728

Valuation in 2018

438

Valuation in 2019

6,965

Valuation in 2020

(43,482

)

Valuation in 2021

70,565

Valuation in 2022

11,541

Valuation in 2023

(28,214

)

Valuation in 2024

40,592

Valuation in 2025

12,474

Cost

404,858

507,465

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

39,052

52,128

Other debtors

734

617

39,786

52,745

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

168

Taxation and social security

4,907

6,493

Other creditors

3,170

3,828

8,077

10,489

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

579,895

40,592

620,487

Profit for the year

39,076

39,076

Dividends

(833

)

(833

)

At 31 March 2025

618,138

40,592

658,730