Nu-Star Material Handling Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04233846 (England and Wales)

NU-STAR MATERIAL HANDLING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Smith

S J Erickson

SECRETARY:

L E Faulkner

REGISTERED OFFICE:

Lakeside

Ednaston Business Centre

Ednaston

Derbyshire

DE6 3AE

REGISTERED NUMBER:

04233846 (England and Wales)

SOLICITORS:

Geldards LLP

The Arc

Enterprise Way

Nottingham

NG2 1EN

FIXED ASSETS

Tangible assets

4

102,102

131,562

Investments

5

3,125

105,227

134,687

CURRENT ASSETS

Stocks

471,241

346,069

Debtors

6

160,670

465,616

Cash at bank

571,812

440,631

1,203,723

1,252,316

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

252,590

387,960

NET CURRENT ASSETS

951,133

864,356

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,056,360

999,043

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

8

(11,199

)

(23,493

)

PROVISIONS FOR LIABILITIES

11

(16,868

)

(22,465

)

NET ASSETS

1,028,293

953,085

CAPITAL AND RESERVES

Called up share capital

12

100

Retained earnings

1,028,193

952,985

SHAREHOLDERS' FUNDS

1,028,293

953,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

M J Smith - Director

1.	STATUTORY INFORMATION

Nu-Star Material Handling Limited is a private company, limited by shares , registered in England and Wales. 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.

Preparation of consolidated financial statements

The financial statements contain information about Nu-Star Material Handling Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods and services, net of value added tax and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are

recorded at transaction price. Any losses arising from impairment are recognised in the profit and

loss account in other administrative expenses.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the

employees are entitled are recognised at the undiscounted amount expected to be paid in exchange

for that service.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

COST

At 1 December 2024

130,383

35,787

117,526

Additions

-

4,817

At 30 November 2025

130,383

35,787

122,343

DEPRECIATION

At 1 December 2024

98,521

27,877

85,474

Charge for year

9,687

2,011

11,168

At 30 November 2025

108,208

29,888

96,642

NET BOOK VALUE

At 30 November 2025

22,175

5,899

25,701

At 30 November 2024

31,862

7,910

32,052

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 December 2024

67,230

64,282

415,208

Additions

-

5,275

10,092

At 30 November 2025

67,230

69,557

425,300

DEPRECIATION

At 1 December 2024

16,177

55,597

283,646

Charge for year

12,763

3,923

39,552

At 30 November 2025

28,940

59,520

323,198

NET BOOK VALUE

At 30 November 2025

38,290

10,037

102,102

At 30 November 2024

51,053

8,685

131,562

The net book value of motor vehicles includes £30,052 (2024 - £40,069) in respect of assets held under finance leases or hire purchase contracts. The depreciation charge in respect of such assets amounted to £10,017 (2024 - £2,671) for the year.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 December 2024

and 30 November 2025

3,125

NET BOOK VALUE

At 30 November 2025

3,125

At 30 November 2024

3,125

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Nu-star Poland Spólka z ograniczona odpowiedzialnoscia

Registered office: Ul. Szparagowa 25, 62-081 Wysogotowo, Poland

Nature of business: Buying and selling of machinery

%

Class of shares:

holding

Ordinary

50.00

2025

2024

£

Aggregate capital and reserves

85,326

75,463

Profit for the year

9,863

18,960

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

129,981

411,268

Other debtors

30,689

54,348

160,670

465,616

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 9)

12,252

Trade creditors

110,877

159,434

Taxation and social security

45,965

29,506

Other creditors

83,496

186,768

252,590

387,960

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 9)

11,199

23,493

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

12,252

Between one and five years

11,199

23,493

23,451

35,745

Non-cancellable

operating leases

2025

2024

£

Within one year

52,900

Between one and five years

211,600

In more than five years

132,250

185,150

396,750

449,650

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

23,451

35,745

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

Accelerated capital allowances

16,868

22,465

Deferred

tax

£

Balance at 1 December 2024

22,465

Provided during year

(5,597

)

Balance at 30 November 2025

16,868

12.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

100

Share capital 1

£1

100

13.	RELATED PARTY DISCLOSURES

Nu-Star Inc.

Parent undertaking

T C Nu-Star Inc owned 50% of the share capital of Nu-Star Material Handling Limited.

During the year Nu-Star Material Handling Limited purchased goods from T C Nu-Star Inc totalling £113,480 (2024: £60,924) and made sales to T C Nu-Star Inc totalling £130,790 (2024: £102,282). At the year end the company was owed £3,060 (2024: £25,659) by TC Nu-Star Inc.

Nu-star Poland Spólka z ograniczona odpowiedzialnoscia

50% subsidiary

During the year Nu-Star Material Handling Limited sold goods to Nu-Star Poland to the value of £72,379 (2024: £159,446) and purchased goods from Nu-Star Poland to the value of £nil (2024: £4,837). At the year end the company owed £nil (2024: £4,226) to Nu-Star Poland.

Dividends of £nil (2024: £29,581) were received by the company from Nu-Star Poland.

14.	CONTROLLING PARTY

The company is controlled by its directors.