Silverfin false false 31/07/2025 01/08/2024 31/07/2025 Mr D W Baker Mrs E J Baker 01/06/2013 Mr G W Baker 19/12/2023 14 April 2026 The principle activity of the company during the year was that of the manufacture, supply and repair of cleaning contractors equipment. 01485482 2025-07-31 01485482 bus:Director2 2025-07-31 01485482 bus:Director3 2025-07-31 01485482 2024-07-31 01485482 core:CurrentFinancialInstruments 2025-07-31 01485482 core:CurrentFinancialInstruments 2024-07-31 01485482 core:ShareCapital 2025-07-31 01485482 core:ShareCapital 2024-07-31 01485482 core:RetainedEarningsAccumulatedLosses 2025-07-31 01485482 core:RetainedEarningsAccumulatedLosses 2024-07-31 01485482 core:LandBuildings 2024-07-31 01485482 core:PlantMachinery 2024-07-31 01485482 core:Vehicles 2024-07-31 01485482 core:LandBuildings 2025-07-31 01485482 core:PlantMachinery 2025-07-31 01485482 core:Vehicles 2025-07-31 01485482 bus:OrdinaryShareClass1 2025-07-31 01485482 bus:OrdinaryShareClass2 2025-07-31 01485482 2024-08-01 2025-07-31 01485482 bus:FilletedAccounts 2024-08-01 2025-07-31 01485482 bus:SmallEntities 2024-08-01 2025-07-31 01485482 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 01485482 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 01485482 bus:Director1 2024-08-01 2025-07-31 01485482 bus:Director2 2024-08-01 2025-07-31 01485482 bus:Director3 2024-08-01 2025-07-31 01485482 core:LandBuildings core:TopRangeValue 2024-08-01 2025-07-31 01485482 core:PlantMachinery core:BottomRangeValue 2024-08-01 2025-07-31 01485482 core:PlantMachinery core:TopRangeValue 2024-08-01 2025-07-31 01485482 core:Vehicles core:TopRangeValue 2024-08-01 2025-07-31 01485482 2023-08-01 2024-07-31 01485482 core:LandBuildings 2024-08-01 2025-07-31 01485482 core:PlantMachinery 2024-08-01 2025-07-31 01485482 core:Vehicles 2024-08-01 2025-07-31 01485482 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 01485482 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 01485482 bus:OrdinaryShareClass2 2024-08-01 2025-07-31 01485482 bus:OrdinaryShareClass2 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 01485482 (England and Wales)

# NAILSEA POWER CLEANING LIMITED

### Unaudited Financial Statements
For the financial year ended 31 July 2025
Pages for filing with the registrar

NAILSEA POWER CLEANING LIMITED

## Unaudited Financial Statements

For the financial year ended 31 July 2025

Contents

NAILSEA POWER CLEANING LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 July 2025
NAILSEA POWER CLEANING LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 871,613 |  | 68,155
Investment property | 4 | 825,370 |  | 875,370
|  | 1,696,983 |  | 943,525
Current assets |  |  |  |
Stocks |  | 409,568 |  | 374,409
Debtors | 5 | 1,020,824 |  | 1,169,510
Cash at bank and in hand |  | 782,159 |  | 953,273
|  | 2,212,551 |  | 2,497,192
Creditors: amounts falling due within one year | 6 | ( 647,876) |  | ( 519,461)
Net current assets |  | 1,564,675 |  | 1,977,731
Total assets less current liabilities |  | 3,261,658 |  | 2,921,256
Provision for liabilities |  | ( 58,807) |  | ( 17,039)
Net assets |  | 3,202,851 |  | 2,904,217
Capital and reserves |  |  |  |
Called-up share capital | 7 | 110 |  | 110
Profit and loss account |  | 3,202,741 |  | 2,904,107
Total shareholders' funds |  | 3,202,851 |  | 2,904,217

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 financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Nailsea Power Cleaning Limited (registered number: 01485482) were approved and authorised for issue by the Board of Directors on 14 April 2026. They were signed on its behalf by:

Mr D W Baker Director |

NAILSEA POWER CLEANING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2025
NAILSEA POWER CLEANING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Nailsea Power Cleaning Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Cherry Orchard Farm Netherton Wood Lane, Nailsea, Bristol, BS48 4NW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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 fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings | 50 years straight line
Plant and machinery | 5 - 12 years straight line
Vehicles | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.
If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 13 |  | 10

#### 3. Tangible assets

| Land and buildings |  | Plant and machinery |  | Vehicles |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 August 2024 | 40,024 |  | 546,407 |  | 94,453 |  | 680,884
Additions | 583,376 |  | 163,641 |  | 65,013 |  | 812,030
Transfers | 0 |  | 50,000 |  | 0 |  | 50,000
At 31 July 2025 | 623,400 |  | 760,048 |  | 159,466 |  | 1,542,914
Accumulated depreciation |  |  |  |  |  |  |
At 01 August 2024 | 40,024 |  | 526,222 |  | 46,483 |  | 612,729
Charge for the financial year | 8,751 |  | 30,930 |  | 18,891 |  | 58,572
At 31 July 2025 | 48,775 |  | 557,152 |  | 65,374 |  | 671,301
Net book value |  |  |  |  |  |  |
At 31 July 2025 | 574,625 |  | 202,896 |  | 94,092 |  | 871,613
At 31 July 2024 | 0 |  | 20,185 |  | 47,970 |  | 68,155

#### 4. Investment property

| Investment property
| £
Valuation |
As at 01 August 2024 | 875,370
Transfers to and from property, plant and equipment | (50,000)
As at 31 July 2025 | 825,370

Valuation

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 912,794 |  | 1,076,152
Amounts owed by directors | 35,136 |  | 0
Other debtors | 72,894 |  | 93,358
| 1,020,824 |  | 1,169,510

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 348,222 |  | 204,969
Taxation and social security | 293,890 |  | 303,947
Other creditors | 5,764 |  | 10,545
| 647,876 |  | 519,461

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
10 Deferred ordinary shares of £ 1.00 each | 10 |  | 10
100 Ordinary shares of £ 1.00 each | 100 |  | 100
| 110 |  | 110

#### 8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

| 2025 |  | 2024
| £ |  | £
Unpaid contributions due to the fund (inc. in other creditors) | 1,517 |  | 0

#### 9. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Amounts owed by directors (2024 owed to directors) | 35,136 |  | (8,086)

Where overdrawn, interest has been charged at 2.25% on the above loans. There is no fixed date for repayment.
Dividends of £35,000 (2024: £52,000) were declared in the year.