Mark Nellist Limited 08047381 false 2024-05-01 2025-04-30 2025-04-30 The principal activity of the company is is that of joinery services. Digita Accounts Production Advanced 6.30.9574.0 true 08047381 2024-05-01 2025-04-30 08047381 2025-04-30 08047381 core:RetainedEarningsAccumulatedLosses 2025-04-30 08047381 core:ShareCapital 2025-04-30 08047381 core:CurrentFinancialInstruments 2025-04-30 08047381 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 08047381 core:FurnitureFittingsToolsEquipment 2025-04-30 08047381 core:MotorVehicles 2025-04-30 08047381 bus:SmallEntities 2024-05-01 2025-04-30 08047381 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 08047381 bus:FilletedAccounts 2024-05-01 2025-04-30 08047381 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 08047381 bus:RegisteredOffice 2024-05-01 2025-04-30 08047381 bus:Director1 2024-05-01 2025-04-30 08047381 bus:Director2 2024-05-01 2025-04-30 08047381 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08047381 bus:Agent1 2024-05-01 2025-04-30 08047381 countries:AllCountries 2024-05-01 2025-04-30 08047381 2024-04-30 08047381 core:FurnitureFittingsToolsEquipment 2024-04-30 08047381 core:MotorVehicles 2024-04-30 08047381 2023-05-01 2024-04-30 08047381 2024-04-30 08047381 core:RetainedEarningsAccumulatedLosses 2024-04-30 08047381 core:ShareCapital 2024-04-30 08047381 core:CurrentFinancialInstruments 2024-04-30 08047381 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08047381

Mark Nellist Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Mark Nellist Limited

Contents

Company Information | 1
Directors' Report | 2
Profit and Loss Account and Statement of Retained Earnings | 3
Balance Sheet | 4
Notes to the Unaudited Financial Statements | 5 to 9

Mark Nellist Limited

Company Information

Directors | MM Nellist M Nellist

Registered office | Orchard Grove Millness Crooklands Milnthorpe LA7 7NS

Accountants | Stables Thompson & Briscoe Limited Chartered Accountants & Business AdvisersLowther House Lowther Street Kendal LA9 4DX

Mark Nellist Limited

Directors' Report for the Year Ended 30 April 2025

The directors present their report and the financial statements for the year ended 30 April 2025.

Directors of the company

The directors who held office during the year were as follows:

MM Nellist

M Nellist

Principal activity

The principal activity of the company is is that of joinery services.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:

......................................... MM Nellist Director

Mark Nellist Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 30 April 2025

|  | 2025 £ | 2024 £
Turnover |  | 47,946 | 41,999
Cost of sales |  | (9,101) | (6,339)
Gross profit |  | 38,845 | 35,660
Administrative expenses |  | (29,951) | (28,282)
Operating profit |  | 8,894 | 7,378
Other interest receivable and similar income |  | - | 3
|  | - | 3
Profit before tax |  | 8,894 | 7,381
Taxation |  | (1,691) | (1,403)
Profit for the financial year |  | 7,203 | 5,978
Retained earnings brought forward |  | 1,112 | (4,867)
Retained earnings carried forward |  | 8,315 | 1,111

Mark Nellist Limited

(Registration number: 08047381)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Stocks | 5 | 300 | 300
Debtors | 6 | 307 | 656
Cash at bank and in hand |  | 22,916 | 21,712
|  | 23,523 | 22,668
Creditors: Amounts falling due within one year | 7 | (15,108) | (21,457)
Net assets |  | 8,415 | 1,211
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 8,315 | 1,111
Shareholders' funds |  | 8,415 | 1,211

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:

......................................... M Nellist Director

Mark Nellist Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Orchard Grove
Millness
Crooklands
Milnthorpe
LA7 7NS

These financial statements were authorised for issue by the Board on 29 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Mark Nellist Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is calculated at
Plant and Machinery- 25% Straight Line
Motor Vehicles- 25% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Mark Nellist Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Mark Nellist Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 May 2024 | 475 | 7,300 | 7,775
At 30 April 2025 | 475 | 7,300 | 7,775
Depreciation
At 1 May 2024 | 475 | 7,300 | 7,775
At 30 April 2025 | 475 | 7,300 | 7,775
Carrying amount
At 30 April 2025 | - | - | -

5 | Stocks

| 2025 £ | 2024 £
Stocks | 300 | 300

6 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 307 | 649
Other debtors | - | 7
| 307 | 656

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 1,690 | 1,403
Accruals and deferred income | 3,444 | 1,351
Other creditors | 9,974 | 18,703
| 15,108 | 21,457

Mark Nellist Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
M Nellist of £1 each | 75 | 75 | 75 | 75
MM Nellist of £1 each | 25 | 25 | 25 | 25
| 100 | 100 | 100 | 100