Nellcote Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10966022

NELLCOTE LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 September 2025

NELLCOTE LIMITED

STATEMENT OF FINANCIAL POSITION

30 September 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		12,355		11,123

CURRENT ASSETS

Stocks		12,361	12,361
Debtors	6	510,404	235,065
Cash at bank and in hand		108,816	84,123
		---------	---------
		631,581	331,549

CREDITORS: amounts falling due within one year	7	506,110		164,839
		---------		---------
NET CURRENT ASSETS			125,471		166,710
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			137,826		177,833

CREDITORS: amounts falling due after more than one year	8	35,681	55,223
		---------	---------
NET ASSETS		102,145	122,610
		---------	---------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	102,045	122,510
	---------	---------
SHAREHOLDERS FUNDS	102,145	122,610
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

NELLCOTE LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 19 June 2026 , and are signed on behalf of the board by:

Ms S L Maughan

Director

Company registration number: 10966022

NELLCOTE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 SEPTEMBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Oak Gardens, 5 Fergusons Close, Polebrook, Peterborough, PE8 5LH.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% and 15% reducing balance
Fixtures and fittings	-	15% reducing balance
Equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. TANGIBLE ASSETS

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 October 2024	8,033	2,857	29,140	40,030
Additions	–	1,730	6,920	8,650
Disposals	–	( 600)	( 7,393)	( 7,993)
	-------	-------	--------	--------
At 30 September 2025	8,033	3,987	28,667	40,687
	-------	-------	--------	--------
Depreciation
At 1 October 2024	4,319	1,229	23,359	28,907
Charge for the year	586	457	6,062	7,105
Disposals	–	( 287)	( 7,393)	( 7,680)
	-------	-------	--------	--------
At 30 September 2025	4,905	1,399	22,028	28,332
	-------	-------	--------	--------
Carrying amount
At 30 September 2025	3,128	2,588	6,639	12,355
	-------	-------	--------	--------
At 30 September 2024	3,714	1,628	5,781	11,123
	-------	-------	--------	--------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	496,968	229,757
Other debtors	13,436	5,308
	---------	---------
	510,404	235,065
	---------	---------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	18,592	17,780
Trade creditors	377,512	87,133
Corporation tax	13,063	12,460
Social security and other taxes	89,132	41,411
Other creditors	7,811	6,055
	---------	---------
	506,110	164,839
	---------	---------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	35,681	55,223
	--------	--------

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Ms S L Maughan	874	566	( 1,431)	9
	----	----	-------	----

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Ms S L Maughan	1,715	1,186	( 2,027)	874
	-------	-------	-------	----