REGISTERED NUMBER: 09611619 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Nonagon Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Carver-Wynne

A Pereira

REGISTERED OFFICE:

Das Kino

22 Fletcher Gate

Nottingham

Nottinghamshire

NG1 2FZ

REGISTERED NUMBER:

09611619 (England and Wales)

ACCOUNTANTS:

Beaumont Chapman Limited

Foxhall Lodge

Foxhall Road

Nottingham

Nottinghamshire

NG7 6LH

FIXED ASSETS

Tangible assets

4

133,439

26,957

CURRENT ASSETS

Stocks

30,238

22,067

Debtors

5

15,687

32,637

Cash at bank

9,072

185,115

54,997

239,819

CREDITORS

Amounts falling due within one year

6

148,578

134,034

NET CURRENT (LIABILITIES)/ASSETS

(93,581

)

105,785

TOTAL ASSETS LESS CURRENT LIABILITIES

39,858

132,742

CREDITORS

Amounts falling due after more than one year

7

(24,979

)

(30,616

)

PROVISIONS FOR LIABILITIES

(33,359

)

(6,739

)

NET (LIABILITIES)/ASSETS

(18,480

)

95,387

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(18,484

)

95,383

(18,480

)

95,387

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2025 and were signed on its behalf by:

D Carver-Wynne - Director

1.	STATUTORY INFORMATION

Nonagon Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 25% on reducing balance

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 year 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 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.

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 year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

256,000

Additions

124,758

At 31 March 2025

380,758

DEPRECIATION

At 1 April 2024

229,043

Charge for year

18,276

At 31 March 2025

247,319

NET BOOK VALUE

At 31 March 2025

133,439

At 31 March 2024

26,957

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

10,295

Other debtors

15,687

22,342

15,687

32,637

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,502

6,502

Trade creditors

32,148

27,958

Amounts owed to group undertakings

4,191

510

Taxation and social security

57,328

90,748

Other creditors

48,409

8,316

148,578

134,034

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

24,979

30,616

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,609

8.	RELATED PARTY DISCLOSURES

During the year, Nonagon Limited purchased services from Fletchergate Industries Limited to a value of £39,590. (2024: £45,876). The balance outstanding at 31 March 2025 is £9,659 (2024: £4,254 due back to the company).

During the year, Nonagon Limited purchased services from Legends Beeston Limited to a value of £12,668 (2024: nil). The balance outstanding at 31 March 2025 is £3,140 (2024: nil).

During the year, Nonagon Limited purchased services from Panegyric Limited to a value of £8,824 (2024: nil). The balance outstanding at 31 March 2025 is £292 (2024: nil).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Fletchergate Industries Ltd by virtue of its shareholding.