Nirvana Engineering (Stafford) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 02029584

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		443
Tangible Assets	5		20,834		27,782

			20,834		28,225
CURRENT ASSETS
Stocks		67,191		63,479
Debtors	6	505,648		414,100
Cash at bank and in hand		306,065		428,201

		878,904		905,780
Creditors: Amounts Falling Due Within One Year	7	(204,820 )		(214,392 )

NET CURRENT ASSETS (LIABILITIES)			674,084		691,388

TOTAL ASSETS LESS CURRENT LIABILITIES			694,918		719,613

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,209 )		(6,946 )

NET ASSETS			689,709		712,667

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			689,707		712,665

SHAREHOLDERS' FUNDS			689,709		712,667

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Nirvana Engineering (Stafford) Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr R W Shaw

Director

1 May 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Nirvana Engineering (Stafford) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02029584 . The registered office is Office Block Brocton Business Park, Cannock Road, Brocton, Stafford, ST17 0SU.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of battery racking is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Interest receivable

Interest income is recognised using the effective interest method.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Computer software is being amortised evenly over its estimated useful life of ten years.

2.4. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Leasehold improvements	- 10% on cost
Plant & Machinery	- 25% on reducing balance
Motor Vehicles	- 25% on reducing balance
Fixtures & Fittings	- 25% on reducing balance
Computer Equipment	- 25% on reducing balance

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.

2.5. Leasing and Hire Purchase Contracts

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.6. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

2.7. Foreign Currencies

Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

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Nirvana Engineering (Stafford) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

2.9. Pensions

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.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

2.10. Debtors and creditors receivable / payable within one year

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 17)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	24,107

As at 31 December 2025	24,107

Amortisation
As at 1 January 2025	23,664
Provided during the period	443

As at 31 December 2025	24,107

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	443

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Nirvana Engineering (Stafford) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Tangible Assets

	Land & Property
	Leasehold improvements	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2025	20,629	410,964	9,500	1,353

As at 31 December 2025	20,629	410,964	9,500	1,353

Depreciation
As at 1 January 2025	20,629	387,382	5,491	1,162
Provided during the period	-	5,898	1,002	48

As at 31 December 2025	20,629	393,280	6,493	1,210

Net Book Value
As at 31 December 2025	-	17,684	3,007	143

As at 1 January 2025	-	23,582	4,009	191


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2025	4,072	446,518

As at 31 December 2025	4,072	446,518

Depreciation
As at 1 January 2025	4,072	418,736
Provided during the period	-	6,948

As at 31 December 2025	4,072	425,684

Net Book Value
As at 31 December 2025	-	20,834

As at 1 January 2025	-	27,782

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	467,439	376,309
Prepayments and accrued income	38,209	37,791

	505,648	414,100

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Nirvana Engineering (Stafford) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	71,032	59,040
Corporation tax	57,556	98,328
Other taxes and social security	24,143	25,914
VAT	35,939	15,015
Other creditors	3,730	4,218
Accruals and deferred income	10,890	10,653
Directors' loan accounts	1,530	1,224

	204,820	214,392

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1 each	2	2

9. Other financial commitments

Total financial commitments, gurantees and contingencies which are not included in the balance sheet amount to £500,000 (2024: £600,000).

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