Registration number: 07362238

Nest Design and Build Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Nest Design and Build Limited

(Registration number: 07362238)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	191,089	258,057
Current assets
Debtors	5	511,052	366,239
Cash at bank and in hand		636,529	634,364
		1,147,581	1,000,603
Creditors: Amounts falling due within one year	6	(1,055,697)	(735,326)
Net current assets		91,884	265,277
Total assets less current liabilities		282,973	523,334
Creditors: Amounts falling due after more than one year	6	(142,319)	(187,622)
Provisions for liabilities		(20,584)	(48,379)
Net assets		120,070	287,333
Capital and reserves
Called up share capital		200	200
Retained earnings		119,870	287,133
Shareholders' funds		120,070	287,333

Nest Design and Build Limited

(Registration number: 07362238)
Balance Sheet as at 31 August 2025

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 May 2026 and signed on its behalf by:
 

Mr C Warbey Director

Nest Design and Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/o Milsted Langdon
Freshford House
Redcliffe Way
Bristol
BS1 6NL

The principal place of business is:
Nest Studios
Eagles Wood Business Park
Woodland Lane
Bristol
BS32 4EU

These financial statements were authorised for issue by the Board on 29 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors have continued to adopt the going concern basis of accounting in preparing the financial statements.

Nest Design and Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and for the provision of services in the ordinary course of the company’s activities. Revenue is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue for the sale of goods when all the following conditions are satisfied:
a) the significant risks and rewards of ownership have been transferred to the buyer;
b) the group retains no continuing involvement or control over the goods;
c) the amount of revenue can be reliably measured;
d) it is probable that future economic benefits will flow to the company; and
e) specific criteria have been met for each of the groups activities.

The company recognises revenue from the provision of services in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
a) the amount of revenue can be reliably measured;
b) it is probable that future economic benefit will flow to the company;
c) the stage of completion of the contract at the end of the reporting period can be reliably measured; and
d) the costs incurred and the costs to complete the contract can be reliably measured.

Finance income and costs policy

Finance income and expenses are recognised using the effective interest method.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Nest Design and Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Asset class	Depreciation method and rate
Plant & Machinery	20% Straight line with a small number of asset over 10 years, depending on the nature of the assets
Motor Vehicles	25% Straight line
Fixtures & Fittings	20% Straight line; or 2 - 5 years straight line
Computer Equipment	25% Straight line
Specialist Equipment	20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for the sale of goods and contracts or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Deposits that are held in repsect of work that is yet to be completed are deferred to the relveant period and only recognised when the work has been commenced.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Nest Design and Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 28 (2024 - 31).

Nest Design and Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

	Fixtures & Fittings £	Plant & Machinery £	Computer Equipment £	Motor Vehicles  £	Specialist Equipment  £	Total £
Cost or valuation
At 1 September 2024	154,175	39,147	37,831	263,192	-	494,345
Additions	5,044	-	2,029	-	34,323	41,396
Disposals	(4,658)	(4,031)	(358)	-	-	(9,047)
At 31 August 2025	154,561	35,116	39,502	263,192	34,323	526,694
Depreciation
At 1 September 2024	106,587	21,700	29,746	78,255	-	236,288
Charge for the year	31,961	5,934	3,577	64,808	1,716	107,996
Eliminated on disposal	(4,658)	(3,705)	(316)	-	-	(8,679)
At 31 August 2025	133,890	23,929	33,007	143,063	1,716	335,605
Carrying amount
At 31 August 2025	20,671	11,187	6,495	120,129	32,607	191,089
At 31 August 2024	47,588	17,447	8,085	184,937	-	258,057

The net book value of assets held under hire purchase contracts is £94,740 (2024- £141,702).

The net book value of assets held under finance lease contracts is £33,088 (2024 - £54,617).

5

Debtors

	Note	2025 £	2024 £
Trade debtors		2,392	7,080
Amounts owed by related parties	9	434,796	339,808
Other debtors		42,422	-
Prepayments		24,109	19,351
Accrued income		7,333	-
		511,052	366,239

Trade debtors are stated after a provision for bad debts of £Nil (2024 - £12,727)

Nest Design and Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6

Creditors

Due within one year	Note	2025 £	2024 £
Loans and borrowings	7	45,304	41,698
Trade creditors		180,206	156,134
Social security and other taxes		245,396	227,615
Other creditors		22,331	18,657
Accruals		449,392	220,692
Corporation tax liability		113,068	70,530
		1,055,697	735,326
Due after one year
Loans and borrowings	7	142,319	187,622