REGISTERED NUMBER: 05408786 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Julie Nerney Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Julie Nerney

REGISTERED OFFICE:

Flat 6

26 Sussex Square

Brighton

East Sussex

BN2 5AB

REGISTERED NUMBER:

05408786 (England and Wales)

ACCOUNTANTS:

Wood & Associates LLP

Chartered Certified Accountants

Maritime House

Basin Road North

Hove

East Sussex

BN41 1WR

FIXED ASSETS

Tangible assets

4

2,096

1,532

CURRENT ASSETS

Debtors

5

6,327

26,378

Cash at bank

2,509

13,974

8,836

40,352

CREDITORS

Amounts falling due within one year

6

21,246

19,846

NET CURRENT (LIABILITIES)/ASSETS

(12,410

)

20,506

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,314

)

22,038

CREDITORS

Amounts falling due after more than one year

7

-

(1,267

)

PROVISIONS FOR LIABILITIES

8

(524

)

(291

)

NET (LIABILITIES)/ASSETS

(10,838

)

20,480

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

(10,840

)

20,478

SHAREHOLDERS' FUNDS

(10,838

)

20,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 15 June 2026 and were signed by:

Julie Nerney - Director

1.	STATUTORY INFORMATION

Julie Nerney 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.

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.

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.

Plant and machinery

-

25% on reducing balance

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

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 year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2025

2,686

Additions

1,196

At 31 March 2026

3,882

DEPRECIATION

At 1 April 2025

1,154

Charge for year

632

At 31 March 2026

1,786

NET BOOK VALUE

At 31 March 2026

2,096

At 31 March 2025

1,532

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

600

8,837

Other debtors

5,727

17,541

6,327

26,378

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,333

8,000

Taxation and social security

18,974

10,833

Other creditors

939

1,013

21,246

19,846

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

1,267

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

524

291

Deferred

tax

£

Balance at 1 April 2025

291

Increase

in depreciation

in excess of capital

allowances

233

Balance at 31 March 2026

524

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2025

20,478

Profit for the year

58,089

Dividends

(89,407

)

At 31 March 2026

(10,840

)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Julie Nerney

Balance outstanding at start of year

14,469

-

Amounts advanced

4,573

14,469

Amounts repaid

(14,469

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,573

14,469

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £89,407 (2025 - £26,000) were paid to the director .

The director, Julie Nerney, was the controlling party throughout the current and previous year.

As at 31 March 2026 the company was owed £4,573 by the director (2025 - £14,469).

The maximum balance owed by the director in the year was £14,469. Interest of 2.5% per annum has been charged on the loan by the company.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2026 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wood & Associates LLP

Chartered Certified Accountants

Maritime House

Basin Road North

Hove

East Sussex

BN41 1WR

15 June 2026