NEDS NOODLES (OXFORD) LIMITED


Directors	BRESLAW, James Fraser
	MARRONI, Roberto


Registered Address	Grove House
	2 Woodberry Grove
	London
	N12 0DR


Registered Number	10754563 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		22,903		27,164
			22,903		27,164
Current assets
Debtors		421,436		439,573
Cash at bank and on hand		279,649		217,912
		701,085		657,485
Creditors amounts falling due within one year	4	(72,006)		(91,611)
Net current assets (liabilities)			629,079		565,874
Total assets less current liabilities			651,982		593,038
Creditors amounts falling due after one year	5		(17,592)		(29,033)
Provisions for liabilities	6		(9,852)		(9,852)
Net assets			624,538		554,153
Capital and reserves
Called up share capital			100		100
Profit and loss account			624,438		554,053
Shareholders' funds			624,538		554,153

The company was entitled to exemption from audit for this reporting period 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 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.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 June 2025, and are signed on its behalf by:

BRESLAW, James Fraser
Director

MARRONI, Roberto
Director

Registered Company No. 10754563

NEDS NOODLES (OXFORD) LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	7		7

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	78,134	121,149	6,732	206,015
Revaluations	-	1,465	-	1,465
At 31 March 25	78,134	122,614	6,732	207,480
Depreciation and impairment
At 01 April 24	78,134	95,646	5,071	178,851
Charge for year	-	5,394	332	5,726
At 31 March 25	78,134	101,040	5,403	184,577
Net book value
At 31 March 25	-	21,574	1,329	22,903
At 31 March 24	-	25,503	1,661	27,164

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	26,288	18,108
Taxation and social security	39,546	71,288
Other creditors	6,172	2,215
Total	72,006	91,611


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	17,592	29,033
Total	17,592	29,033

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	9,852	9,852
Total	9,852	9,852