REGISTERED NUMBER: 03899033 (England and Wales)

Unaudited Financial Statements

for the Period

1 May 2024 to 31 March 2025

for

NEPRON LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,597,972

1,019,820

1,597,972

1,019,820

CURRENT ASSETS

Stocks

70,565

72,315

Debtors

6

1,329,208

1,509,705

Cash at bank and in hand

519,958

837,334

1,919,731

2,419,354

CREDITORS

Amounts falling due within one year

7

388,003

752,271

NET CURRENT ASSETS

1,531,728

1,667,083

TOTAL ASSETS LESS CURRENT LIABILITIES

3,129,700

2,686,903

CREDITORS

Amounts falling due after more than one year

8

(297,955

)

-

PROVISIONS FOR LIABILITIES

(10,310

)

(12,234

)

NET ASSETS

2,821,435

2,674,669

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

2,821,415

2,674,649

2,821,435

2,674,669

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 4 December 2025 and were signed by:

Jaskaran Singh Pannu - Director

1.	STATUTORY INFORMATION

Nepron Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03899033

Registered office:

Coalpool Pharmacy

140 Dartmouth Avenue

Coalpool

Walsall

West Midlands

WS3 1SP

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 17 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 31 March 2025

128,876

AMORTISATION

At 1 May 2024

and 31 March 2025

128,876

NET BOOK VALUE

At 31 March 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

975,754

152,815

1,128,569

Additions

593,039

-

593,039

At 31 March 2025

1,568,793

152,815

1,721,608

DEPRECIATION

At 1 May 2024

4,879

103,870

108,749

Charge for period

7,190

7,697

14,887

At 31 March 2025

12,069

111,567

123,636

NET BOOK VALUE

At 31 March 2025

1,556,724

41,248

1,597,972

At 30 April 2024

970,875

48,945

1,019,820

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

306,757

339,127

Other debtors

345,995

480,136

652,752

819,263

Amounts falling due after more than one year:

Other debtors

676,456

690,442

Aggregate amounts

1,329,208

1,509,705

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

186,830

245,139

Taxation and social security

158,508

457,966

Other creditors

42,665

49,166

388,003

752,271

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

297,955

-

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 30 April 2024:

2025

2024

£

£

Jaskaran Singh Pannu

Balance outstanding at start of period

690,442

(6,324

)

Amounts advanced

19,556

750,766

Amounts repaid

(33,542

)

(54,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

676,456

690,442

Dividend Issued during the year £300,000 (£54,000 in 2024)