1 February 2025 false No description of principal activity Taxfiler 2024.6 09326373business:PrivateLimitedCompanyLtd2025-02-012025-06-30 093263732025-01-31 093263732025-02-012025-06-30 09326373business:AuditExemptWithAccountantsReport2025-02-012025-06-30 09326373business:FilletedAccounts2025-02-012025-06-30 093263732025-06-30 09326373business:Director12025-02-012025-06-30 09326373business:RegisteredOffice2025-02-012025-06-30 093263732025-01-31 09326373core:WithinOneYear2025-06-30 09326373core:WithinOneYear2025-01-31 09326373core:ShareCapitalcore:PreviouslyStatedAmount2025-06-30 09326373core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 09326373core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-06-30 09326373core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 09326373core:PreviouslyStatedAmount2025-06-30 09326373core:PreviouslyStatedAmount2025-01-31 09326373business:SmallEntities2025-02-012025-06-30 09326373countries:EnglandWales2025-02-012025-06-30 0932637312025-02-012025-06-30 093263732024-02-012025-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09326373 (England and Wales)
Nelson and Palmer Limited Unaudited accounts for the period from 1 February 2025 to 30 June 2025
Nelson and Palmer Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Nelson and Palmer Limited Company Information for the period from 1 February 2025 to 30 June 2025
Director
Jonathon Oliver James Mclean
Company Number
09326373 (England and Wales)
Registered Office
Office 9, Building 41 Newport Road Cowes England PO31 8BX
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
- 3 -
Nelson and Palmer Limited Statement of financial position as at 30 June 2025
30/06/2025 
31/01/2025 
Notes
£ 
£ 
Current assets
Debtors
4
320 
22,351 
Cash at bank and in hand
8,189 
470,840 
8,509 
493,191 
Creditors: amounts falling due within one year
5
(2,062)
(518,271)
Net current assets/(liabilities)
6,447 
(25,080)
Net assets/(liabilities)
6,447 
(25,080)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,347 
(25,180)
Shareholders' funds
6,447 
(25,080)
For the period ending 30 June 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 director acknowledges his 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 and authorised for issue on 16 September 2025 and were signed on its behalf by
Jonathon Oliver James Mclean Director Company Registration No. 09326373
- 4 -
Nelson and Palmer Limited Notes to the Accounts for the period from 1 February 2025 to 30 June 2025
1
Statutory information
Nelson and Palmer Limited is a private company, limited by shares, registered in England and Wales, registration number 09326373. The registered office is Office 9, Building 41, Newport Road, Cowes, England, PO31 8BX.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
4
Debtors
30/06/2025 
31/01/2025 
£ 
£ 
Amounts falling due within one year
VAT
294 
9,220 
Other debtors
26 
13,131 
320 
22,351 
5
Creditors: amounts falling due within one year
30/06/2025 
31/01/2025 
£ 
£ 
Trade creditors
1,642 
- 
Amounts owed to group undertakings and other participating interests
- 
517,116 
Loans from directors
- 
205 
Accruals
420 
950 
2,062 
518,271 
6
Transactions with related parties
Inter-company Loan Adjustments: During the year, the company waived an intercompany loan of £388,427 due from Mclean Corporation Limited, a connected company, due to being under common control through indirect ownership. The waiver has been recognised as an expense in the profit and loss account. At the year end, there were no balances outstanding with Mclean Corporation Limited. During the year, the company waived an intercompany loan of £64,134 due from MHH 1004 Limited, a connected company, due to being under common control. The waiver has been recognised as an expense in the profit and loss account. At the year end, there were no balances outstanding with MHH 1004 Limited. During the year, the company had a loan payable of £478,779 to Mclean Heritage Holdings Limited, the parent company. This loan was waived in full by Mclean Heritage Holdings Limited during the year. The waiver has been recognised as income in the profit and loss account. At the year end, there were no outstanding balances with Mclean Heritage Holdings Limited
- 5 -
Nelson and Palmer Limited Notes to the Accounts for the period from 1 February 2025 to 30 June 2025
7
Controlling party
Mclean Heritage Holdings Limited: Registered Office - Office 9, Building 41 Newport Road, Cowes, England, PO31 8BX
8
Post balance sheet events
The directors intend to apply for voluntary strike-off post-year.
9
Average number of employees
During the period the average number of employees was 0 (31/01/2025: 0).
- 6 -