REGISTERED NUMBER: SC448229 (Scotland)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Nicholas Winton Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D N Winton

O H Winton

SECRETARY:

P N Winton

REGISTERED OFFICE:

3 Maryfield Road

Broughty Ferry

Dundee

DD5 2JJ

BUSINESS ADDRESS:

Fox Court

14 Grays Inn Road

London

WC1X 8HN

REGISTERED NUMBER:

SC448229 (Scotland)

ACCOUNTANTS:

Angela Campbell

Chartered Accountant

3 Maryfield Road

Broughty Ferry

DUNDEE

Tayside

DD5 2JJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

826

1,640

Investments

6

45,000

-

45,826

1,640

CURRENT ASSETS

Debtors

7

75,166

88,511

Cash at bank

767,709

676,534

842,875

765,045

CREDITORS

Amounts falling due within one year

8

253,613

239,692

NET CURRENT ASSETS

589,262

525,353

TOTAL ASSETS LESS CURRENT LIABILITIES

635,088

526,993

PROVISIONS FOR LIABILITIES

10

198

405

NET ASSETS

634,890

526,588

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

634,790

526,488

SHAREHOLDERS' FUNDS

634,890

526,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

D N Winton - Director

1.	STATUTORY INFORMATION

Nicholas Winton Ltd is a private company, limited by shares , registered in Scotland. 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 is derived from jewellery and silver commissions.

Turnover therefore represents the income from these sources, measured at the fair value of the consideration received or receivable, excluding discounts,rebates, value added tax and other sales taxes.

Turnover from the commissions is recognised by reference to the stage of completion of the contract. The stage of completion of the contract is measured by comparing the costs incurred for the work performed to date to the total estimated contract costs.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, has been amortised evenly over its estimated useful life of 10 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their residual value, over their expected useful lives on a straight line basis at the rate of 33% per annum.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss, if any.

Taxation

Current tax is recognised in the income statement 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 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.

Leasing commitments

Rentals applicable to operating leases where substantially all of the benefits and risk of ownership remain with the lessor are charged to the profit and loss account as incurred.

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.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, other general liabilities and the director's loan to the company, which is repayable on demand. These are all measured at the undiscounted amount of the cash expected to be paid or received. within a year.

.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

200,000

AMORTISATION

At 1 May 2024

and 30 April 2025

200,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2024

and 30 April 2025

5,878

DEPRECIATION

At 1 May 2024

4,238

Charge for year

814

At 30 April 2025

5,052

NET BOOK VALUE

At 30 April 2025

826

At 30 April 2024

1,640

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

45,000

At 30 April 2025

45,000

NET BOOK VALUE

At 30 April 2025

45,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

47,268

51,562

Other debtors

27,898

36,949

75,166

88,511

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

177,305

179,558

Taxation and social security

72,221

54,295

Other creditors

4,087

5,839

253,613

239,692

9.	LEASING AGREEMENTS

The operating lease relates to the rent of office premises. The commitment on this lease at the date of the accounts is £11,250 ( 2024 - £3996).

10.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

198

405

Deferred

tax

£

Balance at 1 May 2024

405

Credit to Statement of Income and Retained Earnings during year

(207

)

Balance at 30 April 2025

198

11.	RELATED PARTY DISCLOSURES

During the year, the company purchased ordinary shares in a private limited company, of which a minority shareholder of Nicholas Winton Ltd is a director and shareholder. (Note 6)