THE NUTS CHALLENGE LTD


Director	W S P Monkman


Registered Address	15 Chandler Way
	Dorking
	RH5 4GA


Registered Number	07190462 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		4,547		5,378
			4,547		5,378
Current assets
Cash at bank and on hand		50		50
		50		50
Creditors amounts falling due within one year	4	(90,606)		(94,741)
Net current assets (liabilities)			(90,556)		(94,691)
Total assets less current liabilities			(86,009)		(89,313)
Creditors amounts falling due after one year	5		(4,965)		(9,785)
Net assets			(90,974)		(99,098)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(91,074)		(99,198)
Shareholders' funds			(90,974)		(99,098)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 21 May 2026, and are signed on its behalf by:

W S P Monkman
Director
Registered Company No. 07190462

THE NUTS CHALLENGE LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The company's ability to trade is dependent upon the support of its director. Should this support cease to be forthcoming, fixed assets would be classified as current assets and restated at recoverable amounts, current assets would be restated at recoverable amounts and creditors due in more than one year would be reclassified as current. As there is no intention to withdraw support, the financial statements have been prepared on a going concern basis.

Going concern

The company's ability to trade is dependent upon the support of its director. Should this support cease to be forthcoming, fixed assets would be classified as current assets and restated at recoverable amounts, current assets would be restated at recoverable amounts and creditors due in more than one year would be reclassified as current. As there is no intention to withdraw support, the financial statements have been prepared on a going concern basis.

	Turnover policy
	Turnover represents net invoiced sales of services, excluding value added tax.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Vehicles	25
	Office Equipment	15

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

	Related parties
	Included in the financial statements are the following transactions and balances with related parties: London Youth Action Limited, a company under common control: £41,377 (2025: £44,677) Camelot Events Limited, a company under common control: £37,170 (2025: £39,470)

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 25	7,700	9,656	17,356
At 31 March 26	7,700	9,656	17,356
Depreciation and impairment
At 01 April 25	7,456	4,522	11,978
Charge for year	61	770	831
At 31 March 26	7,517	5,292	12,809
Net book value
At 31 March 26	183	4,364	4,547
At 31 March 25	244	5,134	5,378

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	-	1,031
Bank borrowings and overdrafts	9,703	3,787
Taxation and social security	-	1,655
Other creditors	80,287	87,615
Accrued liabilities and deferred income	616	653
Total	90,606	94,741

5.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	4,965	9,785
Total	4,965	9,785

6.	Controlling party
	The company was controlled by its director throughout the period.