Company Registration No. 12162805 (England and Wales)
PHILIP NOLAN LTD
Unaudited accounts
for the year ended 31 August 2025
PHILIP NOLAN LTD
Unaudited accounts
Contents
PHILIP NOLAN LTD
Company Information
for the year ended 31 August 2025
Director
DAHANAYAKE, Gayan Duminda
Company Number
12162805 (England and Wales)
Registered Office
Unit 16 International House Cray Avenue
Orpington
Kent
BR5 3RS
United Kingdom
Accountants
Philip Nolan Accountants
Unit 16, International House
Cray Avenue
Orpington
BR5 3RS
PHILIP NOLAN LTD
Statement of financial position
as at 31 August 2025
Intangible assets
1,900
1,900
Tangible assets
27,593
16,150
Cash at bank and in hand
687
49,676
Creditors: amounts falling due within one year
(37,432)
(69,985)
Net current assets
24,272
61,460
Total assets less current liabilities
53,765
79,510
Creditors: amounts falling due after more than one year
(18,684)
(57,108)
Called up share capital
433
433
Profit and loss account
34,648
21,969
Shareholders' funds
35,081
22,402
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2025 and were signed on its behalf by
DAHANAYAKE, Gayan Duminda
Director
Company Registration No. 12162805
PHILIP NOLAN LTD
Notes to the Accounts
for the year ended 31 August 2025
PHILIP NOLAN LTD is a private company, limited by shares, registered in England and Wales, registration number 12162805. The registered office is Unit 16 International House Cray Avenue, Orpington, Kent, BR5 3RS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
PHILIP NOLAN LTD
Notes to the Accounts
for the year ended 31 August 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
20,000
4,150
24,150
Additions
10,132
5,378
15,510
At 31 August 2025
30,132
9,528
39,660
At 1 September 2024
8,000
-
8,000
Charge for the year
3,013
1,054
4,067
At 31 August 2025
11,013
1,054
12,067
At 31 August 2025
19,119
8,474
27,593
At 31 August 2024
12,000
4,150
16,150
Amounts falling due within one year
Trade debtors
61,017
79,869
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
3,567
Other creditors
6,364
36,384
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
-
33,684
9
Average number of employees
During the year the average number of employees was 5 (2024: 3).