REGISTERED NUMBER: 04663381 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NOTTINGHAM SHED COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Taylor

SECRETARY:

Mrs C D Taylor

REGISTERED OFFICE:

19 Hallams Lane

Chilwell

Nottingham

Nottinghamshire

NG9 5FH

REGISTERED NUMBER:

04663381 (England and Wales)

ACCOUNTANTS:

SPOWAGE,TRUMAN & BISHOP

40D Seven Oaks Crescent

Bramcote

NOTTINGHAM

Nottinghamshire

NG9 3FW

FIXED ASSETS

Tangible assets

4

33,187

18,761

CURRENT ASSETS

Stocks

83,330

90,175

Debtors

5

94,475

79,670

Cash at bank and in hand

617,001

616,316

794,806

786,161

CREDITORS

Amounts falling due within one year

6

156,685

201,806

NET CURRENT ASSETS

638,121

584,355

TOTAL ASSETS LESS CURRENT LIABILITIES

671,308

603,116

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

671,208

603,016

SHAREHOLDERS' FUNDS

671,308

603,116

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 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 14 December 2025 and were signed by:

G Taylor - Director

1.	STATUTORY INFORMATION

Nottingham Shed Company Limited 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

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 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

30,674

2,219

18,361

10,096

61,350

Additions

-

-

24,319

1,414

25,733

At 31 March 2025

30,674

2,219

42,680

11,510

87,083

DEPRECIATION

At 1 April 2024

28,509

1,591

4,591

7,898

42,589

Charge for year

541

157

9,523

1,086

11,307

At 31 March 2025

29,050

1,748

14,114

8,984

53,896

NET BOOK VALUE

At 31 March 2025

1,624

471

28,566

2,526

33,187

At 31 March 2024

2,165

628

13,770

2,198

18,761

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

92,484

77,391

Other debtors

1,991

2,279

94,475

79,670

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

42,462

80,015

Taxation and social security

73,158

75,832

Other creditors

41,065

45,959

156,685

201,806

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

G Taylor

Balance outstanding at start of year

(14,155

)

(20,827

)

Amounts advanced

839

10,000

Amounts repaid

(2,777

)

(3,328

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(16,093

)

(14,155

)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G Taylor.