Registration number: 14862623

Nest Create Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

Nest Create Ltd

(Registration number: 14862623)
Balance Sheet as at 31 August 2025

	Note	Year ended 31 August 2025 £	Period ended 31 August 2024 £
Fixed assets
Tangible assets	4	3,687	4,293
Current assets
Debtors	5	9,815	7,439
Cash at bank and in hand		2,172	574
		11,987	8,013
Creditors: Amounts falling due within one year	6	(160,337)	(59,283)
Net current liabilities		(148,350)	(51,270)
Net liabilities		(144,663)	(46,977)
Capital and reserves
Called up share capital	7	100	100
Retained earnings		(144,763)	(47,077)
Shareholders' deficit		(144,663)	(46,977)

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 Create Ltd

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 & Wales.

The address of its registered office is:
Nest Studios Unit 18 Eagles Wood Business Park
Woodlands 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

The company's balance sheet at 31 August 2025 shows that liabilities exceed assets by £144,663 (2024 - £46,977). The company is part of a small group and the group has indicated its willingness to continue to support the company for the foreseeable future.

The directors have also reviewed the supply chains, key customers and the capital resources available and consider the company has adequate resources in place to continue trading for the next twelve months. Therefore the directors consider it appropriate to prepare the financial statements on a going concern basis.

Nest Create Ltd

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 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 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.

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:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Office equipment	25% 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 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.

Nest Create Ltd

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

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.

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.

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 7 (2024 - 7).

Nest Create Ltd

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

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 September 2024	3,232	1,330	4,562
Additions	-	397	397
At 31 August 2025	3,232	1,727	4,959
Depreciation
At 1 September 2024	269	-	269
Charge for the year	646	357	1,003
At 31 August 2025	915	357	1,272
Carrying amount
At 31 August 2025	2,317	1,370	3,687
At 31 August 2024	2,963	1,330	4,293

5

Debtors

	Year ended 31 August 2025 £	Period ended 31 August 2024 £
Trade debtors	6,952	4,800
Other debtors	237	100
Prepayments	2,626	2,539
	9,815	7,439

Nest Create Ltd

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

6

Creditors

Due within one year	Note	Year ended 31 August 2025 £	Period ended 31 August 2024 £
Trade creditors		646	141
Amounts due to related parties	8	134,796	39,808
Social security and other taxes		11,377	6,294
Other creditors		2,684	3,426
Accruals		10,834	9,614
		160,337	59,283