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Company Registration No. 10164163 (England and Wales)
Nicholsons Properties Limited Unaudited accounts for the year ended 30 March 2025
Nicholsons Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Nicholsons Properties Limited Company Information for the year ended 30 March 2025
Directors
P Nicholson J A Nicholson
Company Number
10164163 (England and Wales)
Registered Office
21 DURNELL WAY LOUGHTON ESSEX IG10 1TG ENGLAND
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Nicholsons Properties Limited Statement of financial position as at 30 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
6,204,000 
5,264,231 
Current assets
Debtors
5
468,079 
291,374 
Cash at bank and in hand
13,416 
65,900 
481,495 
357,274 
Creditors: amounts falling due within one year
6
(8,219)
(8,219)
Net current assets
473,276 
349,055 
Total assets less current liabilities
6,677,276 
5,613,286 
Creditors: amounts falling due after more than one year
7
(4,832,747)
(4,698,396)
Provisions for liabilities
Deferred tax
(147,121)
- 
Net assets
1,697,408 
914,890 
Capital and reserves
Called up share capital
600 
226 
Share premium
- 
1,351,596 
Profit and loss account
1,696,808 
(436,932)
Shareholders' funds
1,697,408 
914,890 
For the year ending 30 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2025 and were signed on its behalf by
P Nicholson Director Company Registration No. 10164163
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Nicholsons Properties Limited Notes to the Accounts for the year ended 30 March 2025
1
Statutory information
Nicholsons Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10164163. The registered office is 21 DURNELL WAY, LOUGHTON, ESSEX, IG10 1TG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 31 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Revaluation Method
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 31 March 2024
5,615,515 
Revaluations
588,485 
At 30 March 2025
6,204,000 
Depreciation
At 31 March 2024
351,284 
Surplus on revaluation
(351,284)
At 30 March 2025
- 
Net book value
At 30 March 2025
6,204,000 
At 30 March 2024
5,264,231 
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Nicholsons Properties Limited Notes to the Accounts for the year ended 30 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
84 
570 
Other debtors
467,995 
290,804 
468,079 
291,374 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
8,219 
8,219 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
4,691,955 
4,666,067 
Loans from directors
140,792 
32,329 
4,832,747 
4,698,396 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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