2024-08-01 2025-07-31 04049798 Nick Holmes Limited false 04049798 2024-08-01 2025-07-31 04049798 uk-bus:Director1 2024-08-01 2025-07-31 04049798 uk-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 04049798 uk-bus:SmallEntities 2024-08-01 2025-07-31 04049798 uk-bus:FullAccounts 2024-08-01 2025-07-31 04049798 uk-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04049798 2024-08-01 04049798 2025-07-31 04049798 2024-07-31 xbrli:pure iso4217:GBP 04049798 2023-08-01 2024-07-31

Company Registration Number : 04049798 (England and Wales)
04049798
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-07-31
false
Nick Holmes Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-08-01
Nick Holmes Limited Unaudited filleted financial statements For the year ended 31 July 2025

Nick Holmes Limited Contents For the year ended 31 July 2025

CONTENTS | PAGE
Company Information | 3
Statement of Financial Position | 4
Notes to the Financial Statements | 5 - 6

Nick Holmes Limited Company Information For the year ended 31 July 2025

Company registration number |  | 04049798 (England and Wales)
Director |  | Nicholas Holmes
Registered office address |  | Highcroft House
|  | Croft Bank, Croft
|  | Skegness
|  | Lincolnshire
|  | PE24 4AL
Accountant |  | Greenhalgh Johnson Ltd
|  | Chartered Management Accountants
|  | Elland House, 22 High Street
|  | Burgh le Marsh, Skegness, Lincolnshire
|  | PE245JT

Nick Holmes Limited Statement of Financial Position For the year ended 31 July 2025

|  |  | 2025 |  | 2024
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Property, plant and equipment |  |  | 71,165 |  | 81,459
| 5 |  | 71,165 |  | 81,459
Current assets |  |  |  |  |
Debtors |  |  | 10,402 |  | 10,065
Cash and cash equivalents |  |  | 179,299 |  | 186,762
|  |  | 189,701 |  | 196,827
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year |  |  | (124,499) |  | (184,337)
Corporation tax payable |  |  | (23,824) |  | (8,840)
|  |  | (148,323) |  | (193,176)
Net current assets/(liabilities) |  |  | 41,378 |  | 3,651
Total assets less current liabilities |  |  | 112,544 |  | 85,110
Non-current liabilities |  |  |  |  |
Provisions for liabilities |  |  | (10,268) |  | (10,322)
Net assets/(liabilities) |  |  | 102,275 |  | 74,788
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 4 |  | 4
Retained earnings |  |  | 102,271 |  | 74,784
Shareholder's funds |  |  | 102,275 |  | 74,788
For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year ended 31 July 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared 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.
Approved by the Board on 01 October 2025
.............................
Nicholas Holmes (Director)
Company registration number: 04049798

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2025-07-31 31 July 2025
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 71,165 |  | 81,459
Current Assets |  |  |  | 189,606 |  | 196,492
Cash in Hand/Bank |  |  |  | 179,299 |  | 186,762
Prepayments and accrued income |  |  |  | 95 |  | 335
Creditors: amounts falling due within one year |  |  |  | (148,323) |  | (193,176)
Net current assets/(liabilities) |  |  |  | 41,378 |  | 3,651
Total assets less current liabilities |  |  |  | 112,544 |  | 85,110
Provisions for liabilities |  |  |  | (10,268) |  | (10,322)
Net Assets/(liabilities) |  |  |  | 102,275 |  | 74,788
Capital and Reserves |  |  |  | 102,275 |  | 74,788
Called up share capital |  |  |  | 4 |  | 4
Profit and loss account |  |  |  | 102,271 |  | 74,784
SHAREHOLDER'S FUND |  |  |  | 102,275 |  | 74,788
For the year ending 31/07/2025 the company was entitled to exemption 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. For the year ending 31-07-2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 01 October 2025 2025-10-01 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Nicholas Holmes |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 04049798 |  |  |  |  |  |  |  |  |  |

Nick Holmes Limited Notes to the Financial Statements For the year ended 31 July 2025

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Highcroft House, Croft Bank, Croft, Skegness, Lincolnshire, PE24 4AL.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:
Asset class and depreciation rate
Land and Buildings | 15% reducing balance
Plant and Machinery | 25% reducing balance
Short Leasehold Properties |
Investment Properties |
Long Leasehold Properties |
Commercial Vehicles |
Fixtures and Fittings | 15% reducing balance
Equipment |
Motor Cars |
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods. Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
(4) Employees
During the year, the average number of employees including director was 1 (2024 : 1).
(5) Fixed assets
| Tangible £
Cost |
As at 01 August 2024 | 113,669
Additions | 5,448
As at 31 July 2025 | 119,117
Depreciation/Amortisation |
As at 01 August 2024 | 32,210
For the year | 15,742
As at 31 July 2025 | 47,952
Net book value |
As at 31 July 2025 | 71,165
As at 31 July 2024 | 81,459