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Registered number: 05692821

P R Nautica Limited

ACCOUNTS

FOR THE YEAR ENDED 31/12/2025

Prepared By:

R F Love and Company

Chartered Accountant

Holly House

21D Chudleigh Road

Exeter

Devon

EX2 8TS

P R Nautica Limited

ACCOUNTS

FOR THE YEAR ENDED 31/12/2025

DIRECTORS

R F Love

G S Litton

M K Pyle

SECRETARY

R F Love

REGISTERED OFFICE

Holly House

21d Chudleigh Road

Exeter

Devon

EX2 8TS

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 05692821

ACCOUNTANTS

R F Love and Company

Chartered Accountant

Holly House

21D Chudleigh Road

Exeter

Devon

EX2 8TS

P R Nautica Limited

ACCOUNTS
FOR THEYEARENDED31/12/2025
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

P R Nautica Limited

BALANCE SHEET AT 31/12/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				36,287				38,208
CURRENT ASSETS
Stock				473,056				460,153
Debtors		5		117,013				66,428
Cash at bank and in hand				465,901				504,053
				1,055,970				1,030,634
CREDITORS: Amounts falling due within one year		6		87,963				90,362
NET CURRENT ASSETS						968,007				940,272
TOTAL ASSETS LESS CURRENT LIABILITIES						1,004,294				978,480
PROVISIONS FOR LIABILITIES AND CHARGES		7				27,347				32,064
NET ASSETS						976,947				946,416
CAPITAL AND RESERVES
Called up share capital		8				9,000				9,000
Profit and loss account						967,947				937,416
SHAREHOLDERS' FUNDS						976,947				946,416
For the year ending 31/12/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 19/04/2026 and signed on their behalf by
.............................
R F Love
Director

P R Nautica Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/12/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1e. Foreign Currency

Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.

P R Nautica Limited

2. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				14		15

3. TANGIBLE FIXED ASSETS
		Long Leasehold		Plant and		Commercial
		Properties		Machinery		Vehicles		Total
		£		£		£		£
Cost
At 01/01/2025		23,155		51,386		69,030		143,571
Additions		-		2,456		-		2,456
At 31/12/2025		23,155		53,842		69,030		146,027
Depreciation
At 01/01/2025		-		44,544		60,819		105,363
For the year		-		2,324		2,053		4,377
At 31/12/2025		-		46,868		62,872		109,740
Net Book Amounts
At 31/12/2025		23,155		6,974		6,158		36,287
At 31/12/2024		23,155		6,842		8,211		38,208

4. STOCK				2025		2024
				£		£
Stock comprises:
Stock				84,876		63,300
Work in progress				388,180		396,853
				473,056		460,153

5. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				(37,025)		(122,459)
Bonus account				26,755		29,340
VAT				17,965		56,547
Other debtors				96,787		96,187
Prepayments				12,531		6,813
				117,013		66,428

P R Nautica Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
UK corporation tax				6,465		21,111
PAYE control				15,384		11,507
Trade creditors				45,494		38,347
Other creditors				17,324		16,812
Pension schemes				3,296		2,585
				87,963		90,362

7. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Warranties				25,000		25,000
Deferred taxation				2,347		7,064
				27,347		32,064

8. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
9000 Ordinary shares of £1.00 each				9000		9000
				9,000		9,000