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Company Registration No. 7773087 (England and Wales)
NICHOLAS DESIGN LIMITED Unaudited accounts for the year ended 31 December 2025
NICHOLAS DESIGN LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NICHOLAS DESIGN LIMITED Company Information for the year ended 31 December 2025
Director
Nicholas William Pelling
Company Number
7773087 (England and Wales)
Registered Office
Menai Dale Siliwen Road Bangor Gwynedd LL57 2BH WALES
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NICHOLAS DESIGN LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,985
7,481
Current assets
Debtors
5
79,696
125,025
Cash at bank and in hand
10,742
15,019
90,438
140,044
Creditors: amounts falling due within one year
6
(8,234)
(34,757)
Net current assets
82,204
105,287
Net assets
88,189
112,768
Capital and reserves
Called up share capital
7
10
10
Profit and loss account
88,179
112,758
Shareholders' funds
88,189
112,768
For the year ending 31 December 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 5 July 2026 and were signed on its behalf by
Nicholas William Pelling Director Company Registration No. 7773087
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NICHOLAS DESIGN LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
NICHOLAS DESIGN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7773087. The registered office is Menai Dale, Siliwen Road, Bangor, Gwynedd, LL57 2BH, WALES.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2025
24,390
At 31 December 2025
24,390
Depreciation
At 1 January 2025
16,909
Charge for the year
1,496
At 31 December 2025
18,405
Net book value
At 31 December 2025
5,985
At 31 December 2024
7,481
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
5,000
12,000
Other debtors
74,696
113,025
79,696
125,025
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NICHOLAS DESIGN LIMITED Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,908
2,008
Taxes and social security
5,326
13,657
Accruals
-
19,092
8,234
34,757
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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