N. & S.A. Fisher Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01417493

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		57,420		57,764

			57,420		57,764
CURRENT ASSETS
Stocks		693,604		788,376
Debtors	5	30,695		42,617
Cash at bank and in hand		210,443		51,108

		934,742		882,101
Creditors: Amounts Falling Due Within One Year	6	(237,577 )		(178,993 )

NET CURRENT ASSETS (LIABILITIES)			697,165		703,108

TOTAL ASSETS LESS CURRENT LIABILITIES			754,585		760,872

Creditors: Amounts Falling Due After More Than One Year	7		-		(5,000 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,166 )		(9,324 )

NET ASSETS			744,419		746,548

CAPITAL AND RESERVES
Called up share capital	8		17,703		17,703
Capital redemption reserve			21,637		21,637
Profit and Loss Account			705,079		707,208

SHAREHOLDERS' FUNDS			744,419		746,548

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N. & S.A. Fisher Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs A M Fisher

Director

8 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

N. & S.A. Fisher Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01417493 . The registered office is Spa Lane, Wigston Magna, Leicester, LE18 3QD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied, net of returns, discounts, valued added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	10% straight line
Plant & Machinery	20% straight line and 15% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	10% reducing balance and 25% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of

purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in Profit and Loss Account.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 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.

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N. & S.A. Fisher Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

2.9. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 21 (2024: 23)

4. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 December 2024	132,884	356,403	489,287
Additions	-	12,171	12,171

As at 30 November 2025	132,884	368,574	501,458

Depreciation
As at 1 December 2024	133,755	297,768	431,523
Provided during the period	(871 )	13,386	12,515

As at 30 November 2025	132,884	311,154	444,038

Net Book Value
As at 30 November 2025	-	57,420	57,420

As at 1 December 2024	(871 )	58,635	57,764

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	10,546	11,357
Other debtors	20,149	31,260

	30,695	42,617

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N. & S.A. Fisher Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	42,598	84,976
Bank loans and overdrafts	5,000	10,000
Other creditors	123,343	13,377
Taxation and social security	66,636	70,640

	237,577	178,993

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	5,000

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	17,703	17,703

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mrs Annie Fisher	4,898	-	(3,212 )	-	1,686
Mr Tony Fisher	2,388	-	(2,388 )	-	-
Mr Michael Fisher	2,448	-	(2,448 )	-	-
Mr Paul Fisher	2,767	-	(1,712 )	-	1,056

The above loan is unsecured, interest free and repayable on demand.

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