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COMPANY REGISTRATION NUMBER: 12934843

Nelson Homes (Wrexham) Limited

Filleted Unaudited Financial Statements

28 February 2025

Nelson Homes (Wrexham) Limited

Statement of Financial Position

28 February 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Investments | 4 | 127,000 | 127,000

Current assets

Debtors | 5 | 600 | 600
Cash at bank and in hand | 206 | 161
| ---- | ----
| 806 | 761

Creditors: amounts falling due within one year | 6 | 6,833 | 32,567
| ------- | --------
Net current liabilities | 6,027 | 31,806
| --------- | ---------
Total assets less current liabilities | 120,973 | 95,194

Creditors: amounts falling due after more than one year | 7 | 70,592 | 70,524
| --------- | --------
Net assets | 50,381 | 24,670
| --------- | --------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 50,281 | 24,570
| -------- | --------
Shareholder funds | 50,381 | 24,670
| -------- | --------

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.
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Nelson Homes (Wrexham) Limited

Statement of Financial Position (continued)

28 February 2025
These financial statements were approved by the board of directors and authorised for issue on 21 January 2026 , and are signed on behalf of the board by:

Mr A N Nelson |
Director |

Company registration number: 12934843

Nelson Homes (Wrexham) Limited

Notes to the Financial Statements

Year ended 28 February 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 3 Thornhill Drive, Bersham Road, Wrexham, LL14 4JE, Wales.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Investments
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Financial instruments
The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.
4. Investments

| Other investments other than loans
| £
Cost |
At 1 March 2024 and 28 February 2025 | 127,000
| ---------
Impairment |
At 1 March 2024 and 28 February 2025 | –
| ---------

Carrying amount |
At 28 February 2025 | 127,000
| ---------
At 29 February 2024 | 127,000
| ---------

5. Debtors

| 2025 | 2024
| £ | £
Other debtors | 600 | 600
| ---- | ----

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 1,826 | 913
Intercompany loan | – | 29,006
Tenant deposits | 400 | 400
Other creditors | 4,607 | 2,248
| ------- | --------
| 6,833 | 32,567
| ------- | --------

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

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 70,592 | 70,524
| -------- | --------

8. Director's advances, credits and guarantees
In the year the company operated a loan account with the director, the opening balance of which was £1,335 (2024 £587) and the closing balance of which was £3,649 (2024 £1,335). The loan is interest free and repayable upon demand.