A.H. Nicholls & Sons Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00563223

A.H. Nicholls & Sons Limited

Filleted Unaudited Financial Statements

30 April 2026

A.H. Nicholls & Sons Limited

Financial Statements

Year ended 30 April 2026

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 7

A.H. Nicholls & Sons Limited

Statement of Financial Position

30 April 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		1,213,021	1,324,623

Current assets

Stocks		92,933	94,631
Debtors	6	217,243	201,818
Cash at bank and in hand		766,968	481,490
		------------	---------
		1,077,144	777,939

Creditors: amounts falling due within one year	7	( 886,561)		( 674,880)
		------------		---------
Net current assets			190,583	103,059
			------------	------------
Total assets less current liabilities			1,403,604	1,427,682

Creditors: amounts falling due after more than one year	8		( 145,651)	( 194,351)

Provisions

Taxation including deferred tax	( 43,489)	( 34,679)
	------------	------------
Net assets	1,214,464	1,198,652
	------------	------------

Capital and reserves

Called up share capital	4,250	4,250
Profit and loss account	1,210,214	1,194,402
	------------	------------
Shareholders funds	1,214,464	1,198,652
	------------	------------

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 April 2026 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 .

A.H. Nicholls & Sons Limited

Statement of Financial Position (continued)

30 April 2026

These financial statements were approved by the board of directors and authorised for issue on 10 July 2026 , and are signed on behalf of the board by:

I.G. Nicholls

Director

Company registration number: 00563223

A.H. Nicholls & Sons Limited

Notes to the Financial Statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Pleshey Lodge Offices, Pump Lane, Pleshey, Chelmsford, Essex, CM3 1HF.

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.

Going concern

Although the current economic conditions is causing challenges and uncertainties for the industry, the company has successfully been expanding the business trading activities to other areas to maximise the assets of the company. Therefore the directors are confident that the company will have adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Revenue recognition

Turnover represents the value of services provided during the year exclusive of Value Added Tax. In respect of long term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover is recognised by reference to stage of completion.

Taxation

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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Freehold land is not depreciated.

Freehold property	-	4% straight line
Plant and machinery	-	25% per annum on net book value or 10% straight line
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks of materials, fuel and spare parts are valued at the lower of cost and net realisable value, after making due allowances for obsolete items.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

The company makes defined contributions to pension schemes. The assets of these schemes are held seperately by an insurance company. Contributions are charged at the time they become payable.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 13 (2025: 12 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 May 2025	1,251,220	1,183,855	62,842	317,626	2,815,543
Additions	–	–	987	–	987
Disposals	–	( 17,000)	( 5,856)	–	( 22,856)
	------------	------------	--------	---------	------------
At 30 April 2026	1,251,220	1,166,855	57,973	317,626	2,793,674
	------------	------------	--------	---------	------------
Depreciation
At 1 May 2025	359,836	846,215	50,830	234,039	1,490,920
Charge for the year	10,236	74,399	3,046	23,872	111,553
Disposals	–	( 15,964)	( 5,856)	–	( 21,820)
	------------	------------	--------	---------	------------
At 30 April 2026	370,072	904,650	48,020	257,911	1,580,653
	------------	------------	--------	---------	------------
Carrying amount
At 30 April 2026	881,148	262,205	9,953	59,715	1,213,021
	------------	------------	--------	---------	------------
At 30 April 2025	891,384	337,640	12,012	83,587	1,324,623
	------------	------------	--------	---------	------------

Included within freehold land & buildings is the purchase of a depot at a cost of £881,750. In February 2000 an impairment review was carried out which resulted in a charge for depreciation on this property of £231,750 to the statement of income and retained earnings. The company has no policy in place for revaluations.

6. Debtors

	2026	2025
	£	£
Trade debtors	132,085	87,801
Prepayments and accrued income	19,332	12,264
Amounts recoverable on contracts	65,826	101,753
	---------	---------
	217,243	201,818
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	7,200	7,200
Payments received on account	285,115	156,022
Trade creditors	268,363	270,617
Accruals and deferred income	50,921	41,277
Social security and other taxes	233,025	150,265
Obligations under finance leases and hire purchase contracts	41,937	45,944
Other creditors	–	3,555
	---------	---------
	886,561	674,880
	---------	---------

The hire purchase and bank overdraft disclosed under creditors falling due within one year are secured by the company.

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

	2026	2025
	£	£
Bank loans and overdrafts	14,182	20,945
Obligations under finance leases and hire purchase contracts	51,469	93,406
Director loan accounts	80,000	80,000
	---------	---------
	145,651	194,351
	---------	---------

The hire purchase disclosed under creditors falling due after one year are secured by the company.

The directors loan from B.C Nicholls is not considered to be repayable within one year .

9. Related party transactions

Mr B.C.Nicholls is also a director and shareholder of Ettridge Farm Limited, a company which during the year had transactions with A.H Nicholls & Sons Limited. These transactions were under normal commercial terms. Included in these accounts are management charges received of £47,375 (2025 - £52,708) and rent received of £11,194 (2025 - £11,194).