Thomas Nock Martin Limited 31/03/2025 iXBRL

Company registration number: 03128652

Thomas Nock Martin Limited

Trading as Thomas Nock Martin

Unaudited filleted financial statements

for the year ended

31 March 2025

Prepared by:

THOMAS NOCK MARTIN LIMITED

CHARTERED ACCOUNTANTS

BRIERLEY HILL

Thomas Nock Martin Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Thomas Nock Martin Limited

Directors and other information


	Directors	Mr Simon Thomas Nock
		Mr David Lawrence Martin


	Secretary	Mr Simon Thomas Nock


	Company number	03128652


	Registered office	5 Hagley Court South
		The Waterfront
		Brierley Hill
		West Midlands
		DY5 1XE


	Business address	5 Hagley Court South
		The Waterfront
		Brierley Hill
		West Midlands
		DY5 1XE


	Accountants	Thomas Nock Martin Limited
		5 Hagley Court South
		The Waterfront
		Brierley Hill
		West Midlands
		DY5 1XE




	Bankers	Lloyds Bank plc
		13-14 High Street
		Cradley Heath
		West Midlands
		B64 5HP

Thomas Nock Martin Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	6	-		-
Tangible assets	7	18,824		17,606
		_______		_______
			18,824		17,606

Current assets
Debtors	8	203,037		135,438
Cash at bank and in hand		187,082		224,925
		_______		_______
		390,119		360,363
Creditors: amounts falling due
within one year	9	( 176,189)		( 136,947)
		_______		_______
Net current assets			213,930		223,416
			_______		_______
Total assets less current liabilities			232,754		241,022

Creditors: amounts falling due
after more than one year	10		( 1,667)		( 11,667)

Provisions for liabilities			( 4,200)		( 3,800)

			_______		_______
Net assets			226,887		225,555
			_______		_______

Capital and reserves
Called up share capital	11		999		999
Profit and loss account			225,888		224,556
			_______		_______
Shareholders funds			226,887		225,555
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 December 2025 , and are signed on behalf of the board by:

Mr Simon Thomas Nock Mr David Lawrence Martin

Director Director

Company registration number: 03128652

Thomas Nock Martin Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Hagley Court South, The Waterfront, Brierley Hill, West Midlands, DY5 1XE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover represents amounts recoverable from clients for professional services, excluding value added tax, made during the year.Turnover reflects the fair value of the services provided on each client assignment, including expenses and disbursements, based on the stage of completion of each assignment as at the balance sheet date less appropriate allowances for estimated irrecoverable amounts.Unbilled turnover on individual client assignments is included as amounts to be billed to clients within debtors. Where individual on account billings exceed revenue on client assignments the excess is included within creditors.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and trade creditors, other debtors and creditors.Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 10 ).

5. Dividends

Equity dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)	262,273	269,970
	_______	_______

6. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	600,000	600,000
	_______	_______
Amortisation
At 1 April 2024 and 31 March 2025	600,000	600,000
	_______	_______
Carrying amount
At 31 March 2025	-	-
	_______	_______
At 31 March 2024	-	-
	_______	_______

7. Tangible assets

	Short leasehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2024	2,644	106,527	109,171
Additions	-	6,367	6,367
	_______	_______	_______
At 31 March 2025	2,644	112,894	115,538
	_______	_______	_______
Depreciation
At 1 April 2024	2,644	88,921	91,565
Charge for the year	-	5,149	5,149
	_______	_______	_______
At 31 March 2025	2,644	94,070	96,714
	_______	_______	_______
Carrying amount
At 31 March 2025	-	18,824	18,824
	_______	_______	_______
At 31 March 2024	-	17,606	17,606
	_______	_______	_______

8. Debtors

	2025	2024
	£	£

Trade debtors	190,471	118,960
Other debtors	12,566	16,478
	_______	_______
	203,037	135,438
	_______	_______

9. Creditors: amounts falling due within one year

	2025	2024
	£	£

Bank loans	10,000	10,000
Trade creditors	26,445	25,126
Corporation tax	87,600	61,300
Social security and other taxes	35,058	38,843
Other creditors	17,086	1,678
	_______	_______
	176,189	136,947
	_______	_______

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£

Bank loans	1,667	11,667
	_______	_______

11. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£

Ordinary shares shares of £ 1.00 each	999	999	999	999
	_______	_______	_______	_______