Registration number: 07785025

Nice Nuts Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Nice Nuts Ltd

Company Information

Director

Mr S V Norris

Registered office

Vicarage Court 160 Ermin Street Swindon Wiltshire SN3 4NE

Accountants

Regulatory Accounting Ltd Vicarage Court 160 Ermin Street Swindon Wiltshire SN3 4NE

Nice Nuts Ltd

(Registration number: 07785025)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	482,950	482,950
Current assets
Debtors	5	6,120	6,120
Cash at bank and in hand		5,959	86,012
		12,079	92,132
Creditors: Amounts falling due within one year	6	(138,014)	(213,574)
Net current liabilities		(125,935)	(121,442)
Total assets less current liabilities		357,015	361,508
Creditors: Amounts falling due after more than one year	6	(28,060)	(63,882)
Provisions for liabilities		(24,282)	(18,066)
Net assets		304,673	279,560
Capital and reserves
Called up share capital		100	100
Retained earnings		304,573	279,460
Shareholders' funds		304,673	279,560

Nice Nuts Ltd

(Registration number: 07785025)
Balance Sheet as at 30 September 2025

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 June 2026
 

......................................... Mr S V Norris Director

Nice Nuts Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

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

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

The address of its registered office is:
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE
England

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.

Going concern

The directors have considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern have been identified.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. Revenue is recognised on a monthly basis when rent is due

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.

Nice Nuts Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset.

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.

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.

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.

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Nice Nuts Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Investment properties

	2025 £
At 1 October	482,950
At 30 September	482,950

5

debtors

Current	2025 £	2024 £
Trade debtors	-	4,320
Other debtors	6,120	1,800
	6,120	6,120

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	31,644	34,773
Trade creditors		-	340
Taxation and social security		12,975	11,301
Other creditors		93,395	167,160
		138,014	213,574

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	28,060	63,882

The company has a debenture and legal charge with Clydesdale Bank PLC which both contain fixed
and floating charges and a negative pledge; and are secured over the business premises of the
company.

Nice Nuts Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	28,060	63,882

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	31,644	34,773

8	Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £60,356 (2024 - £98,655). The mortgages included on the balance sheet are secured against the properties they relate to by Clydesdale Bank PLC.

9	Related party transactions

Transactions with the director

2025	At 1 October 2024 £	Advances to director £	Repayments by director £	At 30 September 2025 £
Mr S V Norris
	-	2,250	(95,645)	(93,395)

Summary of transactions with other related parties

Transactions with related businesses

The outstanding balance due to the related business in which Mr S V Norris is the director and shareholder at the year end was £95,645 (2024 £167,161). This amount has been reclassed to the director's loan account as the company the amount was due from was sold within the financial year. As part of the sale agreement this debt was transferred to the director, Mr S Norris.