Nero Signs (Glass/Designs) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01460970 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 31 August 2025

for

Nero Signs (Glass/Designs) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

K L G Jenkins

SECRETARY:

K L G Jenkins

REGISTERED OFFICE:

Rear of 332/334 Brixton Road

London

SW9 7AA

REGISTERED NUMBER:

01460970 (England and Wales)

ACCOUNTANTS:

ah partnership

Chartered Accountants

Stanley House

49 Dartford Road

Sevenoaks

Kent

TN13 3TE

FIXED ASSETS

Tangible assets

4

1,031,807

1,047,874

CURRENT ASSETS

Stocks

-

25,339

Debtors

5

2,883

6,980

Cash in hand

2,511

116

5,394

32,435

CREDITORS

Amounts falling due within one year

6

479,272

150,743

NET CURRENT LIABILITIES

(473,878

)

(118,308

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

557,929

929,566

CREDITORS

Amounts falling due after more than one year

7

3,286,700

NET LIABILITIES

(2,728,771

)

(2,357,134

)

CAPITAL AND RESERVES

Called up share capital

320,000

Retained earnings

(3,048,771

)

(2,677,134

)

(2,728,771

)

(2,357,134

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 May 2026 and were signed by:

K L G Jenkins - Director

1.	STATUTORY INFORMATION

Nero Signs (Glass/Designs) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The accounts have been prepared on a break-up basis as the company ceased trading on 6 August 2025.

Turnover

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

Tangible fixed assets

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

Land and buildings

-

Written off on aquisition

Plant and machinery etc

-

25% on reducing balance and 20% on 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 period 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 statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

1,011,765

440,133

1,451,898

Disposals

-

(273,672

)

(273,672

)

At 31 August 2025

1,011,765

166,461

1,178,226

DEPRECIATION

At 1 April 2024

-

404,024

Charge for period

-

11,584

Eliminated on disposal

-

(269,189

)

(269,189

)

At 31 August 2025

-

146,419

NET BOOK VALUE

At 31 August 2025

1,011,765

20,042

1,031,807

At 31 March 2024

1,011,765

36,109

1,047,874

No depreciation is provided on freehold property as the Directors consider the annual charge and accumulated depreciation are immaterial as a result of a very long estimated useful economic life, and a residual value which is not expected to diminish.

The company has decided not to adopt a policy of revaluation and will continue to disclose the property and subsequent additions at cost.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

2,883

6,425

Other debtors

-

555

2,883

6,980

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

40,967

48,860

Trade creditors

15,708

9,153

Taxation and social security

96,229

28,407

Other creditors

326,368

64,323

479,272

150,743

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Other creditors

3,286,700

Other creditors includes long term loans of £3,286,700 (2024: £3,286,700), which are unsecured and interest free, from a company which owns shares in Nero Signs (Glass/Designs ) Limited.

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank overdrafts

40,967

48,860

The debenture held by the bank was satisfied on 2 December 2025.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 August 2025 and the year ended 31 March 2024:

2025

2024

£

K L G Jenkins

Balance outstanding at start of period

8,184

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

8,184

10.	ULTIMATE CONTROLLING PARTY

The controlling party is K L G Jenkins.

No individual has ultimate control of the company