REGISTERED NUMBER: 04493286

NIETOS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L J Beese

Mr J R P Beese

SECRETARY:

Mr J R P Beese

REGISTERED OFFICE:

2 Wharton Street

Cardiff

CF10 1AG

REGISTERED NUMBER:

04493286

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4

4

4

4

CURRENT ASSETS

Stocks

62,055

40,226

Cash at bank and in hand

121,013

77,989

183,068

118,215

CREDITORS

Amounts falling due within one year

6

116,058

120,882

NET CURRENT ASSETS/(LIABILITIES)

67,010

(2,667

)

TOTAL ASSETS LESS CURRENT LIABILITIES

67,014

(2,663

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

66,014

(3,663

)

67,014

(2,663

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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 Statement of Income and Retained Earnings has not been delivered.

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

Mr J R P Beese - Director

1.	STATUTORY INFORMATION

Nietos Limited is a private company, limited by shares, registered registered in England & 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

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.

Plant and machinery

-

25% straight line on cost

Fixtures and fittings

-

15% on reducing balance

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st March 2025

and 28th February 2026

150,000

AMORTISATION

At 1st March 2025

and 28th February 2026

150,000

NET BOOK VALUE

At 28th February 2026

-

At 28th February 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st March 2025

and 28th February 2026

7,313

10,503

17,816

DEPRECIATION

At 1st March 2025

and 28th February 2026

7,310

10,502

17,812

NET BOOK VALUE

At 28th February 2026

3

1

4

At 28th February 2025

3

1

4

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

18,469

19,423

Taxation and social security

18,986

8,238

Other creditors

78,603

93,221

116,058

120,882