Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 false 2024-05-01 false No description of principal activity 3 3 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 9012965 2024-05-01 2025-04-30 9012965 2023-05-01 2024-04-30 9012965 2025-04-30 9012965 2024-04-30 9012965 c:Director1 2024-05-01 2025-04-30 9012965 d:Buildings d:ShortLeaseholdAssets 2024-05-01 2025-04-30 9012965 d:Buildings d:ShortLeaseholdAssets 2025-04-30 9012965 d:Buildings d:ShortLeaseholdAssets 2024-04-30 9012965 d:FurnitureFittings 2024-05-01 2025-04-30 9012965 d:FurnitureFittings 2025-04-30 9012965 d:FurnitureFittings 2024-04-30 9012965 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 9012965 d:OfficeEquipment 2024-05-01 2025-04-30 9012965 d:OfficeEquipment 2025-04-30 9012965 d:OfficeEquipment 2024-04-30 9012965 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 9012965 d:ComputerEquipment 2024-05-01 2025-04-30 9012965 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 9012965 d:CurrentFinancialInstruments 2025-04-30 9012965 d:CurrentFinancialInstruments 2024-04-30 9012965 d:Non-currentFinancialInstruments 2025-04-30 9012965 d:Non-currentFinancialInstruments 2024-04-30 9012965 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 9012965 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 9012965 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-04-30 9012965 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 9012965 c:FRS102 2024-05-01 2025-04-30 9012965 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 9012965 c:FullAccounts 2024-05-01 2025-04-30 9012965 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 9012965 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 9012965 NICHOLAS FINANCIAL LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
NICHOLAS FINANCIAL LIMITED REGISTERED NUMBER: 9012965 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 2,205 |  | 4,078
|  |  | 2,205 |  | 4,078
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 1,008 |  | 5,691 |
Cash at bank and in hand | 6 | 965 |  | 292 |
|  | 1,973 |  | 5,983 |
Creditors: amounts falling due within one year | 7 | (455,640) |  | (466,718) |
Net current liabilities |  |  | (453,667) |  | (460,735)
Total assets less current liabilities |  |  | (451,462) |  | (456,657)
Creditors: amounts falling due after more than one year | 8 |  | (2,808) |  | (5,400)
|  |  | (454,270) |  | (462,057)
Net liabilities |  |  | (454,270) |  | (462,057)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | (454,370) |  | (462,157)
|  |  | (454,270) |  | (462,057)
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NICHOLAS FINANCIAL LIMITED REGISTERED NUMBER: 9012965 BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 January 2026.
N A Golding
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
NICHOLAS FINANCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 1.Accounting policies
| 1.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 1.2 | Going concern
The company had a deficit on shareholders' funds at 30th April 2025 of £454,270. However, the director is of the opinion that the company has and will continue to have the support of its creditors for the foreseeable future. In the light of these factors, the director considers it appropriate to adopt the going concern basis in the preparation of these financial statements.
| 1.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 1.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
| 1.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 1.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 3
NICHOLAS FINANCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 1.Accounting policies (continued)
| 1.7 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 1.8 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:. Depreciation is provided on the following basis:
|  |  |  | Short-term leasehold property | - | 3 years straight line
|  |  |  | Fixtures and fittings | - | 25% reducing balance
|  |  |  | Computer equipment | - | 3 years straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 1.9 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 1.10 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 1.11 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 4
NICHOLAS FINANCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
2. | General information
Nicholas Financial Limited is a private limited company incorporated in England and Wales. The Registered Office is 4 Chester Court, Chester Hall Lane, Basildon, Essex, SS14 3WR.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
4. | Tangible fixed assets
|  | Short-term leasehold property | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 May 2024 | 1,882 | 5,700 | 4,626 | 12,208
| Disposals | (1,882) | - | (1,206) | (3,088)
| At 30 April 2025 | - | 5,700 | 3,420 | 9,120
| Depreciation |  |  |  |
| At 1 May 2024 | 1,568 | 2,827 | 3,735 | 8,130
| Charge for the year on owned assets | 314 | 718 | 841 | 1,873
| Disposals | (1,882) | - | (1,206) | (3,088)
| At 30 April 2025 | - | 3,545 | 3,370 | 6,915
| Net book value |  |  |  |
| At 30 April 2025 | - | 2,155 | 50 | 2,205
| At 30 April 2024 | 314 | 2,873 | 891 | 4,078
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 646 | 5,329
| Other debtors | 362 | 362
|  | 1,008 | 5,691
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NICHOLAS FINANCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 965 | 292
|  | 965 | 292
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,592 | 2,592
| Trade creditors | 3,853 | 3,291
| Other taxation and social security | 7,793 | 8,935
| Other creditors | 441,402 | 451,900
|  | 455,640 | 466,718
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,808 | 5,400
|  | 2,808 | 5,400
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NICHOLAS FINANCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 2,592 | 2,592
|  | 2,592 | 2,592
| Amounts falling due 2-5 years |  |
| Bank loans | 2,808 | 5,400
|  | 2,808 | 5,400
|  | 5,400 | 7,992
10. | Pension commitments
The company contributes to defined contribution pension schemes in respect of certain employees. The schemes and their assets are held by independent managers. The pension charge represents contributions paid by the company which amounted to £369 (2024: £1,387). At 30th April 2025 there were pension contribution liabilities amounting to £nil (2024 : £287) included within trade creditors.
11. | Related party transactions
| During the year the company traded with related parties as follows: Administrative expenses £600 (2024 : £3,000) Debtors as at 30th April 2025 £362 (2024 : £362) Creditors as at 30th April 2025 £32,355 (2024 : £32,355)
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