Nimbus Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01552432

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,525		207
Investment Properties	5		853,702		853,787
Investments	6		287,783		306,936

			1,143,010		1,160,930
CURRENT ASSETS
Debtors	7	2,880		5,247
Cash at bank and in hand		113,455		119,348

		116,335		124,595
Creditors: Amounts Falling Due Within One Year	8	(308,357 )		(297,635 )

NET CURRENT ASSETS (LIABILITIES)			(192,022 )		(173,040 )

TOTAL ASSETS LESS CURRENT LIABILITIES			950,988		987,890

Creditors: Amounts Falling Due After More Than One Year	9		(518,835 )		(531,341 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(18,529 )		(22,102 )

NET ASSETS			413,624		434,447

CAPITAL AND RESERVES
Called up share capital	10		8		8
Profit and Loss Account			413,616		434,439

SHAREHOLDERS' FUNDS			413,624		434,447

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Nimbus Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

M Clayton

Director

24 December 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Nimbus Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 01552432 . The registered office is 116 Palace View, Bromley, BR1 3ER.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents rents receivable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. No depreciation is provided in the year of acquisition. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% on cost

2.4. Investment Properties

Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.

Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.

Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Nimbus Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	8,952	231	9,183
Additions	-	1,498	1,498

As at 31 March 2025	8,952	1,729	10,681

Depreciation
As at 1 April 2024	8,952	24	8,976
Provided during the period	-	180	180

As at 31 March 2025	8,952	204	9,156

Net Book Value
As at 31 March 2025	-	1,525	1,525

As at 1 April 2024	-	207	207

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	855,517
Depreciation and impairment	(1,815 )

As at 31 March 2025	853,702

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Nimbus Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Investments

	Listed
	£
Cost
As at 1 April 2024	306,936
Revaluations	(19,153 )

As at 31 March 2025	287,783

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	287,783

As at 1 April 2024	306,936

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,680	3,975
Other debtors	1,200	1,272

	2,880	5,247

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	292,572	286,223
Taxation and social security	15,785	11,412

	308,357	297,635

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	518,835	531,341

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	8	8

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Nimbus Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Related Party Transactions

As at 31 March 2025, the company owed M. Clayton (director) £234,660 and R. Clayton (sister of M. Clayton) £284,175 (2024: £234,666 and £296,675 respectively).

Matt Clayton Photography Limited (MCPL) is a company in which M. Clayton is a director and shareholder. At the end of the year Nimbus Limited owed this company £278,360 (2024: £270,860).

During the year Nimbus Ltd paid dividends of £37,500 to MCPL and £27,500 to R. Clayton.

12. Ultimate Controlling Party

During the year the company was under control of M Clayton, the sole director of the company.

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