REGISTERED NUMBER: 06383165 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NICOL DESIGN ASSOCIATES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B A P Nicol

Mrs A H Nicol

REGISTERED OFFICE:

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

REGISTERED NUMBER:

06383165 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Property, plant and equipment

4

467

623

CURRENT ASSETS

Debtors

5

34,252

47,047

Cash at bank

293

131

34,545

47,178

CREDITORS

Amounts falling due within one year

6

32,135

31,715

NET CURRENT ASSETS

2,410

15,463

TOTAL ASSETS LESS CURRENT LIABILITIES

2,877

16,086

CREDITORS

Amounts falling due after more than one year

7

-

(3,985

)

PROVISIONS FOR LIABILITIES

9

(112

)

(114

)

NET ASSETS

2,765

11,987

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

2,665

11,887

SHAREHOLDERS' FUNDS

2,765

11,987

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2225 and were signed on its behalf by:

Mr B A P Nicol - Director

1.	STATUTORY INFORMATION

Nicol Design Associates 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 represents net invoiced sales of goods, excluding value added tax.

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

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

and 31 March 2025

3,350

3,323

14,762

21,435

Depreciation

At 1 April 2024

3,350

2,700

14,762

20,812

Charge for year

-

156

-

156

At 31 March 2025

3,350

2,856

14,762

20,968

Net book value

At 31 March 2025

-

467

-

467

At 31 March 2024

-

623

-

623

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,035

1,000

Other debtors

33,217

46,047

34,252

47,047

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

8,027

2,000

Hire purchase contracts

-

626

Trade creditors

1,676

1,519

Taxation and social security

21,318

26,516

Other creditors

1,114

1,054

32,135

31,715

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

-

3,985

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

8,027

2,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

2,001

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,984

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

112

114

Deferred

tax

£

Balance at 1 April 2024

114

Provided during year

(2

)

Balance at 31 March 2025

112

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary

£1

50

50

50

A Ordinary

£1

50

50

100

100