REGISTERED NUMBER: 05870066 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NICK WHITELEY SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Whiteley

C Whiteley

SECRETARY:

Mrs C Chandler

REGISTERED OFFICE:

Oveltyne

Fuller Street

Fairstead

Chelmsford

Essex

CM3 2AY

REGISTERED NUMBER:

05870066 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

159,595

Tangible assets

4

119,507

CURRENT ASSETS

18,047

Debtors

5

35,441

105,442

Cash at bank

29,333

123,489

64,774

CREDITORS

41,434

Amounts falling due within one year

6

23,565

82,055

NET CURRENT ASSETS

41,209

241,650

TOTAL ASSETS LESS CURRENT LIABILITIES

160,716

20,432

PROVISIONS FOR LIABILITIES

-

221,218

NET ASSETS

160,716

CAPITAL AND RESERVES

2

Called up share capital

2

221,216

Retained earnings

160,714

221,218

160,716

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 17 December 2025 and were signed on its behalf by:

N Whiteley - Director

1.	STATUTORY INFORMATION

Nick Whiteley Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

Totals

machinery

vehicles

equipment

£

£

£

£

COST

At 1 April 2024

285,576

105,808

169,928

9,840

Additions

2,617

784

-

1,833

Disposals

(25,135

)

-

(25,135

)

-

At 31 March 2025

263,058

106,592

144,793

11,673

DEPRECIATION

At 1 April 2024

125,981

54,780

63,005

8,196

Charge for year

34,222

7,775

24,609

1,838

Eliminated on disposal

(16,652

)

-

(16,652

)

-

At 31 March 2025

143,551

62,555

70,962

10,034

NET BOOK VALUE

At 31 March 2025

119,507

44,037

73,831

1,639

At 31 March 2024

159,595

51,028

106,923

1,644

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

35,441

16,151

Other debtors

-

1,896

35,441

18,047

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

10,050

4,486

Taxation and social security

7,186

18,698

Other creditors

6,329

18,250

23,565

41,434