REGISTERED NUMBER: 05701360 (England and Wales)

NICHOLAS BRESNAN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

Chartered Certified Accountants' Report

5

FIXED ASSETS

Intangible assets

4

3,350

6,700

Tangible assets

5

7,636

10,181

10,986

16,881

CURRENT ASSETS

Debtors

6

25,271

21,547

CREDITORS

Amounts falling due within one year

7

33,502

37,913

NET CURRENT LIABILITIES

(8,231

)

(16,366

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,755

515

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,655

415

SHAREHOLDERS' FUNDS

2,755

515

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 9 October 2025 and were signed by:

N Bresnan - Director

1.	STATUTORY INFORMATION

Nicholas Bresnan Limited 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:

05701360

Registered office:

42 Green Close

Mayals

Swansea

West Glamorgan

SA3 5DW

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 2006, is being amortised evenly over its estimated useful life of twenty 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.

Plant and machinery

-

20% on cost

Lorry

-

10% on cost

Office equipment

-

20% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

67,000

AMORTISATION

At 1 April 2024

60,300

Charge for year

3,350

At 31 March 2025

63,650

NET BOOK VALUE

At 31 March 2025

3,350

At 31 March 2024

6,700

5.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

Lorry

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

96

25,450

2,018

27,564

DEPRECIATION

At 1 April 2024

95

15,270

2,018

17,383

Charge for year

-

2,545

-

2,545

At 31 March 2025

95

17,815

2,018

19,928

NET BOOK VALUE

At 31 March 2025

1

7,635

-

7,636

At 31 March 2024

1

10,180

-

10,181

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,018

21,060

Other debtors

253

487

25,271

21,547

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,214

11,478

Trade creditors

17,893

17,652

Taxation and social security

8,545

6,241

Other creditors

2,850

2,542

33,502

37,913

8.	RELATED PARTY DISCLOSURES

The business operates from premises owned by the director, a market value rent is paid and included in the profit and loss account.

The company is under the control of the director who together with family interests owns 100% of the issued share capital.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nicholas Bresnan Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Nicholas Bresnan Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nicholas Bresnan Limited and state those matters that we have agreed to state to the director of Nicholas Bresnan Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Nicholas Bresnan Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nicholas Bresnan Limited. You consider that Nicholas Bresnan Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nicholas Bresnan Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rogers & Co

414 Gower Road

Killay

Swansea

West Glamorgan

SA2

7AJ

9 October 2025