Nicholls Concepts Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04883656

Nicholls Concepts Ltd

Unaudited Financial Statements

31 March 2025

Nicholls Concepts Ltd

Strategic Report

Year ended 31 March 2025

This report was approved by the board of directors on 9 December 2025 and signed on behalf of the board by:

Lady Judy McAlpine	Huntnews Limited
Director	Company Secretary

Registered office:

The Splash

Newbridge

Hartfield

East Sussex

TN7 4ES

Nicholls Concepts Ltd

Directors' Report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

The company has been dormant as defined in section 1169 of the Companies Act 2006 throughout the year and preceding financial year. It is anticipated that the company will remain dormant for the foreseeable future.

Directors

The directors who served the company during the year were as follows:

Lady Judy McAlpine
Mrs S Woods
Mrs V Nicholls

Dividends

The directors do not recommend the payment of a dividend.

This report was approved by the board of directors on 9 December 2025 and signed on behalf of the board by:

Lady Judy McAlpine	Huntnews Limited
Director	Company Secretary

Registered office:

The Splash

Newbridge

Hartfield

East Sussex

TN7 4ES

Nicholls Concepts Ltd

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	10	10

Current assets

Cash at bank and in hand	22	22
	----	----
Net current assets	22	22
	----	----
Total assets less current liabilities	32	32

Creditors: amounts falling due after more than one year	5	10	10
		----	----
Net assets		22	22
		----	----

Capital and reserves

Called up share capital	6	22	22
		----	----
Shareholders funds		22	22
		----	----

The company did not trade during the current year or prior year and has not made either a profit or loss.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 December 2025 , and are signed on behalf of the board by:

Lady Judy McAlpine
Director

Company registration number: 04883656

Nicholls Concepts Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Splash, Newbridge, Hartfield, East Sussex, TN7 4ES.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income statement

The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. With the exception of the ordinary share capital the company does not have any financial instruments.

4. Tangible assets

	Freehold property
	£
Cost
At 1 April 2024 and 31 March 2025	10
	----
Depreciation
At 1 April 2024 and 31 March 2025	–
	----
Carrying amount
At 31 March 2025	10
	----
At 31 March 2024	10
	----

5. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Director loan accounts	10	10
	----	----

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A Shares £1 each shares of £ 1 each	20	20	20	20
Ordinary B Shares £1 each shares of £ 1 each	1	1	1	1
Ordinary C Shares £1 each shares of £ 1 each	1	1	1	1
	----	----	----	----
	22	22	22	22
	----	----	----	----

7. Analysis of changes in net debt

	At 1 Apr 2024	Cash flows	At 31 Mar 2025
	£	£	£
Cash at bank and in hand	22	–	22
Debt due after one year	(10)	–	(10)
	----	----	----
	12	–	12
	----	----	----

8. Related party transactions

The company was under the control of Lady Judy McAlpine throughout the current and previous year. Lady Judy McAlpine is the managing director and majority shareholder.