IRIS Accounts Production v25.3.0.601 04189963 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04189963 2024-01-31 04189963 2025-01-31 04189963 2024-02-01 2025-01-31 04189963 2023-01-31 04189963 2023-02-01 2024-01-31 04189963 2024-01-31 04189963 ns15:EnglandWales 2024-02-01 2025-01-31 04189963 ns14:PoundSterling 2024-02-01 2025-01-31 04189963 ns10:Director1 2024-02-01 2025-01-31 04189963 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 04189963 ns10:SmallEntities 2024-02-01 2025-01-31 04189963 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 04189963 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 04189963 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 04189963 ns10:FullAccounts 2024-02-01 2025-01-31 04189963 ns5:Associate1 2024-02-01 2025-01-31 04189963 ns10:Director2 2024-02-01 2025-01-31 04189963 ns10:Director3 2024-02-01 2025-01-31 04189963 ns10:Director4 2024-02-01 2025-01-31 04189963 ns10:Director5 2024-02-01 2025-01-31 04189963 ns10:Director6 2024-02-01 2025-01-31 04189963 ns10:CompanySecretary1 2024-02-01 2025-01-31 04189963 ns10:RegisteredOffice 2024-02-01 2025-01-31 04189963 ns5:CurrentFinancialInstruments 2025-01-31 04189963 ns5:CurrentFinancialInstruments 2024-01-31 04189963 ns5:ShareCapital 2025-01-31 04189963 ns5:ShareCapital 2024-01-31 04189963 ns5:SharePremium 2025-01-31 04189963 ns5:SharePremium 2024-01-31 04189963 ns5:CapitalRedemptionReserve 2025-01-31 04189963 ns5:CapitalRedemptionReserve 2024-01-31 04189963 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 04189963 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 04189963 ns5:PlantMachinery 2024-02-01 2025-01-31 04189963 ns5:PlantMachinery 2024-01-31 04189963 ns5:PlantMachinery 2025-01-31 04189963 ns5:PlantMachinery 2024-01-31 04189963 ns5:Associate1 1 2024-02-01 2025-01-31 04189963 ns5:Associate1 2025-01-31 04189963 ns5:Associate1 2024-01-31 04189963 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 04189963 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 04189963 ns5:Non-currentFinancialInstruments ns5:AfterOneYear 2025-01-31 04189963 ns5:Non-currentFinancialInstruments ns5:AfterOneYear 2024-01-31 04189963 ns5:WithinOneYear 2025-01-31 04189963 ns5:WithinOneYear 2024-01-31 04189963 ns5:BetweenOneFiveYears 2025-01-31 04189963 ns5:BetweenOneFiveYears 2024-01-31 04189963 ns5:AllPeriods 2025-01-31 04189963 ns5:AllPeriods 2024-01-31 04189963 ns10:Director2 2 2024-01-31 04189963 ns10:Director2 2 2023-01-31 04189963 ns10:Director2 2 2024-02-01 2025-01-31 04189963 ns10:Director2 2 2023-02-01 2024-01-31 04189963 ns10:Director2 2 2025-01-31 04189963 ns10:Director2 2 2024-01-31 04189963 1 ns10:Director1 2024-01-31 04189963 1 ns10:Director1 2023-01-31 04189963 1 ns10:Director1 2024-02-01 2025-01-31 04189963 1 ns10:Director1 2023-02-01 2024-01-31 04189963 1 ns10:Director1 2025-01-31 04189963 1 ns10:Director1 2024-01-31

REGISTERED NUMBER: 04189963 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 January 2025 |

| for |

| Nowhere Group Limited |

| Nowhere Group Limited (Registered number: 04189963) |

Contents of the Financial Statements

for the Year Ended 31 January 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Nowhere Group Limited |

Company Information

for the Year Ended 31 January 2025

| DIRECTORS: | N Udall

| M A Cornwell

| A M Kitt

| B Kay

| M G Malig

| Dr A Craig

| SECRETARY: | A D Turner

| REGISTERED OFFICE: | 6 Lichfield Street

| Burton on Trent

| Staffordshire

| DE14 3RD

| REGISTERED NUMBER: | 04189963 (England and Wales)

| ACCOUNTANTS: | Bourne & Co

| Chartered Accountants

| 6 Lichfield Street

| Burton-on-Trent

| Staffordshire

| DE14 3RD

| Nowhere Group Limited (Registered number: 04189963) |

Balance Sheet

31 January 2025

| 31.1.25 | 31.1.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 4,603 |  | 10,715 |  |

Investments | 5 | 25 |  | 25 |  |

4,628 |  | 10,740 |  |

CURRENT ASSETS

Stocks | 101,859 |  | 48,530 |  |

Debtors | 6 | 1,441,869 |  | 2,832,243 |  |

Cash at bank | 1,972,849 |  | 1,157,710 |  |

3,516,577 |  | 4,038,483 |  |

CREDITORS

Amounts falling due within one year | 7 | 968,499 |  | 1,381,248 |  |

NET CURRENT ASSETS | 2,548,078 |  | 2,657,235 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,552,706 |  | 2,667,975 |  |

PROVISIONS FOR LIABILITIES | - |  | 1,189 |  |

NET ASSETS | 2,552,706 |  | 2,666,786 |  |

| Nowhere Group Limited (Registered number: 04189963) |

Balance Sheet - continued

31 January 2025

| 31.1.25 | 31.1.24 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 18 |  | 18 |  |

Share premium | 20,420 |  | 20,420 |  |

Capital redemption reserve | 104 |  | 104 |  |

Retained earnings | 2,532,164 |  | 2,646,244 |  |

SHAREHOLDERS' FUNDS | 2,552,706 |  | 2,666,786 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 13 October 2025 and were signed on its behalf by:

N Udall - Director

| Nowhere Group Limited (Registered number: 04189963) |

Notes to the Financial Statements

for the Year Ended 31 January 2025

1. | STATUTORY INFORMATION

| Nowhere Group 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.

| Turnover

| Turnover represents net invoiced sales of services, excluding value added tax.

| 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 cost, 10% on cost and Straight line over 1 year

| Tangible fixed assets are included at cost less depreciation and impairment.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

| Nowhere Group Limited (Registered number: 04189963) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Trade debtors

| Short term debtors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

| Trade creditors

| Short term creditors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

| Grants

| Grants received towards revenue expenditure are recognised as other income in the year in which the revenue expenditure is incurred.

| Grants received towards capital expenditure are accounted for on the accruals basis and are released to the profit and loss account to match the depreciation policy of the asset to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 17 (2024 - 18 ) .

| Nowhere Group Limited (Registered number: 04189963) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2024 | 172,115 |  |

| Additions | 14,820 |  |

| Disposals | (344 | ) |

| At 31 January 2025 | 186,591 |  |

| DEPRECIATION

| At 1 February 2024 | 161,400 |  |

| Charge for year | 20,932 |  |

| Eliminated on disposal | (344 | ) |

| At 31 January 2025 | 181,988 |  |

| NET BOOK VALUE

| At 31 January 2025 | 4,603 |  |

| At 31 January 2024 | 10,715 |  |

5. | FIXED ASSET INVESTMENTS

| Interest

| in other

| participating

| interests

£ |

| COST

| At 1 February 2024

| and 31 January 2025 | 25 |  |

| NET BOOK VALUE

| At 31 January 2025 | 25 |  |

| At 31 January 2024 | 25 |  |

| Nowhere Group Limited (Registered number: 04189963) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

5. | FIXED ASSET INVESTMENTS - continued

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Associated company

| Nowhere Digital Ltd

| Registered office:

| Nature of business: Dormant

| %

| Class of shares: | holding |

| Ordinary | 25.00 |

| 28.2.25 |  | 28.2.24

£ | £ |

| Aggregate capital and reserves | 100 |  | 100 |  |

6. | DEBTORS

| 31.1.25 |  | 31.1.24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 1,033,911 |  | 2,469,551 |  |

| Other debtors | 322,490 |  | 291,224 |  |

1,356,401 |  | 2,760,775 |  |

| Amounts falling due after more than one year:

| Other debtors | 85,468 |  | 71,468 |  |

| Aggregate amounts | 1,441,869 |  | 2,832,243 |  |

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

| 31.1.25 |  | 31.1.24

£ | £ |

| Trade creditors | 94,289 |  | 61,070 |  |

| Taxation and social security | 323,109 |  | 281,038 |  |

| Other creditors | 551,101 |  | 1,039,140 |  |

968,499 |  | 1,381,248 |  |

| Nowhere Group Limited (Registered number: 04189963) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.1.25 |  | 31.1.24

£ | £ |

| Within one year | 28,489 |  | 40,286 |  |

| Between one and five years | 64,634 |  | 22,845 |  |

93,123 |  | 63,131 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

| 31.1.25 |  | 31.1.24

£ | £ |

| M A Cornwell

| Balance outstanding at start of year | 109,900 |  | 109,900 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 109,900 |  | 109,900 |  |

| N Udall

| Balance outstanding at start of year | 110,000 |  | 110,000 |  |

| Amounts advanced | 40,000 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 150,000 |  | 110,000 |  |

| The loans are interest free and repayable on demand.

10. | ULTIMATE CONTROLLING PARTY

| The company is under the control of N Udall, one of the directors of the company, by virtue of him holding 55.6% of the ordinary share capital.