REGISTERED NUMBER: SC305952 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

John D Nicol Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J D Nicol

Mrs J Nicol

REGISTERED OFFICE:

South Pitblae House

South Pitblae

Fraserburgh

Aberdeenshire

AB43 7AD

REGISTERED NUMBER:

SC305952 (Scotland)

ACCOUNTANTS:

SBP

Accountants

27 Finlayson Street

Fraserburgh

Aberdeenshire

AB43 9JQ

CURRENT ASSETS

Debtors

4

14,878

24,780

Cash at bank

25,205

79

40,083

24,859

CREDITORS

Amounts falling due within one year

5

27,215

24,455

NET CURRENT ASSETS

12,868

404

TOTAL ASSETS LESS CURRENT LIABILITIES

12,868

404

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,768

304

SHAREHOLDERS' FUNDS

12,868

404

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 12 December 2025 and were signed on its behalf by:

Mr J D Nicol - Director

1.	STATUTORY INFORMATION

John D Nicol Ltd. is a private company, limited by shares , registered in Scotland. 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 amounts receivable for services provided in the normal course of business, net of discounts. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised in the accounting period to which it relates.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,228

2,575

Other debtors

12,650

22,205

14,878

24,780

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

24,951

23,047

Other creditors

2,264

1,408

27,215

24,455

6.	RELATED PARTY DISCLOSURES

The directors operate current accounts with the company and as at 31 March 2025 the combined balance owing by them to the company was £8,602 (2024 - £16,602). There are no fixed terms of repayment and no interest is accrued.

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.