Nixon Cathodic Protection Services Ltd Accounts






Nixon Cathodic Protection Services Ltd

	Company No. 08917172
		Information for Filing with The Registrar
		28 February 2025

The Director presents his report and the accounts for the year ended 28 February 2025.

Principal activities
The principal activity of the company during the year under review was that of cathodic protection services.




Director

The Director who served at any time during the year was as follows:

M.J. Nixon









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

M.J. Nixon
Director
05 December 2025

at	28 February 2025
Company No.		08917172	Notes	2025	2024
				£	£
Fixed assets
	Intangible assets		4	18,305	37,686
	Tangible assets		5	1,279	1,706


				19,584	39,392
Current assets
	Stocks		6	139,701	73,245
	Debtors		7	157,255	268,341

	Cash at bank and in hand			33,848	2,336
				330,804	343,922
Creditors: Amount falling due within one year			8	(108,108)	(94,445)
Net current assets				222,696	249,477
Total assets less current liabilities				242,280	288,869
Creditors: Amounts falling due after more than one year			9	(26,671)	(66,671)



Net assets				215,609	222,198

Capital and reserves
	Called up share capital			4	4



	Profit and loss account		11	215,605	222,194

Total equity				215,609	222,198



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 28 February 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 05 December 2025 and signed on its behalf by:
M.J. Nixon
Director
05 December 2025

for the year ended 28 February 2025

General information

Nixon Cathodic Protection Services Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 08917172

Its registered office is:

Xeinadin Warrington

Building C - Concentric

Warrington Road

Cheshire

WA3 6WX

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer rebates and other similar allowances.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

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 loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Motor vehicles

25% Reducing balance

Furniture, fittings and equipment

33% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	5	4

4	Intangible fixed assets
			Other	Total
			£	£
		Cost
		At 1 March 2024	150,000	150,000


		At 28 February 2025	150,000	150,000
		Amortisation and impairment
		At 1 March 2024	112,314	112,314

		Impairment loss	19,381	19,381

		At 28 February 2025	131,695	131,695
		Net book values
		At 28 February 2025	18,305	18,305
		At 29 February 2024	37,686	37,686

5	Tangible fixed assets
			Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 March 2024	13,533	1,927	15,460




		At 28 February 2025	13,533	1,927	15,460
		Depreciation
		At 1 March 2024	11,827	1,927	13,754
		Charge for the year	427	-	427



		At 28 February 2025	12,254	1,927	14,181
		Net book values
		At 28 February 2025	1,279	-	1,279
		At 29 February 2024	1,706	-	1,706

6	Stocks
			2025	2024
			£	£

		Work in progress	139,701	73,245

			139,701	73,245

7	Debtors
			2025	2024
			£	£






		Other debtors	152,828	266,733
		Prepayments and accrued income	4,427	1,608
			157,255	268,341

8	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	39,996	39,996


		Trade creditors	2,419	24,629

		Taxes and social security	64,798	29,455

		Other creditors	595	65
		Accruals and deferred income	300	300
			108,108	94,445

9	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	26,671	66,671






			26,671	66,671

Share Capital

1 Ordinary A share; 1 Ordinary B share, 1 Ordinary C share and 1 Ordinary D share of £1 each have been allotted and fully paid

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.