Registration number: 04364049

Andrew Nebbett Designs Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Andrew Nebbett Designs Limited

Company Information

Directors

Mr A Nebbett Mrs C W Nebbett

Company secretary

Mrs C W Nebbett

Registered office

28 Alexandra Terrace Exmouth Devon EX8 1BD

Accountants

Thompson Jenner LLP Chartered Accountants 28 Alexandra Terrace Exmouth Devon EX8 1BD

Andrew Nebbett Designs Limited

(Registration number: 04364049)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	172,077	147,084
Current assets
Stocks	5	109,318	98,468
Debtors	6	304,161	220,535
Cash at bank and in hand		340,660	534,950
		754,139	853,953
Creditors: Amounts falling due within one year	7	(699,409)	(799,785)
Net current assets		54,730	54,168
Total assets less current liabilities		226,807	201,252
Creditors: Amounts falling due after more than one year	7	(29,169)	(36,040)
Provisions for liabilities		(57,032)	(22,748)
Net assets		140,606	142,464
Capital and reserves
Called up share capital		2	2
Retained earnings		140,604	142,462
Shareholders' funds		140,606	142,464

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Andrew Nebbett Designs Limited

(Registration number: 04364049)
Balance Sheet as at 31 July 2025

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 January 2026 and signed on its behalf by:
 

......................................... Mr A Nebbett Director

Andrew Nebbett Designs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Andrew Nebbett Designs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	Over 10 years
Plant and machinery	Over 5 years
Software development	Over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Andrew Nebbett Designs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Andrew Nebbett Designs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2024 - 12).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 August 2024	107,012	14,145	15,094	80,116	216,367
Additions	48,271	4,049	-	12,251	64,571
At 31 July 2025	155,283	18,194	15,094	92,367	280,938
Depreciation
At 1 August 2024	21,113	6,233	3,614	38,323	69,283
Charge for the year	15,528	3,312	2,264	18,474	39,578
At 31 July 2025	36,641	9,545	5,878	56,797	108,861
Carrying amount
At 31 July 2025	118,642	8,649	9,216	35,570	172,077
At 31 July 2024	85,899	7,912	11,480	41,793	147,084

Included within the net book value of land and buildings above is £118,642 (2024 - £85,900) in respect of short leasehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other stocks	109,318	98,468

Andrew Nebbett Designs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

6

Debtors

	2025 £	2024 £
Trade debtors	304,161	220,535
Total current trade and other debtors	304,161	220,535

7

Creditors

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	7,933	7,927
Trade creditors		20,213	16,386
Amounts owed to group undertakings and undertakings in which the company has a participating interest		191,057	194,484
Taxation and social security		56,480	99,544
Other creditors		45,069	69,576
Accrued expenses		4,271	5,183
Deferred income		374,386	406,685
		699,409	799,785

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	29,169	36,040

Andrew Nebbett Designs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,892	7,892
Bank overdrafts	41	35
	7,933	7,927

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	29,169	36,040

9	Parent and ultimate parent undertaking

The company's immediate parent is Andrew Nebbett Designs Group Limited, incorporated in England and Wales.