REGISTERED NUMBER: 12504368 (England and Wales)

Unaudited Financial Statements

for the Period 1st April 2025 to 31st July 2025

for

Nicholas Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr N J Cleeve

SECRETARY:

Mrs N P Cleeve

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

12504368 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

-

1,122

CURRENT ASSETS

Debtors

5

94,277

41,120

Cash at bank

126,274

140,601

220,551

181,721

CREDITORS

Amounts falling due within one year

6

28,041

18,687

NET CURRENT ASSETS

192,510

163,034

TOTAL ASSETS LESS CURRENT LIABILITIES

192,510

164,156

PROVISIONS FOR LIABILITIES

-

242

NET ASSETS

192,510

163,914

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

192,410

163,814

SHAREHOLDERS' FUNDS

192,510

163,914

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

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

The director acknowledges his 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 director and authorised for issue on 8th October 2025 and were signed by:

Mr N J Cleeve - Director

1.	STATUTORY INFORMATION

Nicholas Associates 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.

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.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2025

4,127

Disposals

(4,127

)

At 31st July 2025

-

DEPRECIATION

At 1st April 2025

3,005

Charge for period

93

Eliminated on disposal

(3,098

)

At 31st July 2025

-

NET BOOK VALUE

At 31st July 2025

-

At 31st March 2025

1,122

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.3.25

£

£

Directors' current accounts

94,277

34,453

Accrued income

-

6,667

94,277

41,120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.3.25

£

£

Tax

25,233

15,950

Other creditors

1,596

1,135

Accrued expenses

1,212

1,602

28,041

18,687

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.7.25

31.3.25

value:

£

£

60

'A' Ordinary

£1

60

60

40

'B' Ordinary

£1

40

40

100

100

8.

RESERVES

Retained

earnings

£

At 1st April 2025

163,814

Profit for the period

29,596

Dividends

(1,000

)

At 31st July 2025

192,410

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31st July 2025 and the year ended 31st March 2025:

31.7.25

31.3.25

£

£

Mr N J Cleeve

Balance outstanding at start of period

34,453

18,456

Amounts advanced

61,076

41,196

Amounts repaid

(1,252

)

(25,199

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

94,277

34,453

The overdrawn directors' loan account was repaid within 9 months.