IRIS Accounts Production v26.1.10.61 SC410051 director 1.1.25 31.12.25 31.12.25 false true false false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC410051 2024-12-31 SC410051 2025-12-31 SC410051 2025-01-01 2025-12-31 SC410051 2023-12-31 SC410051 2024-01-01 2024-12-31 SC410051 2024-12-31 SC410051 ns15:Scotland 2025-01-01 2025-12-31 SC410051 ns14:PoundSterling 2025-01-01 2025-12-31 SC410051 ns10:Director1 2025-01-01 2025-12-31 SC410051 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC410051 ns10:SmallEntities 2025-01-01 2025-12-31 SC410051 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC410051 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 SC410051 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC410051 ns10:FullAccounts 2025-01-01 2025-12-31 SC410051 1 2025-01-01 2025-12-31 SC410051 ns10:CompanySecretary1 2025-01-01 2025-12-31 SC410051 ns10:RegisteredOffice 2025-01-01 2025-12-31 SC410051 ns5:CurrentFinancialInstruments 2025-12-31 SC410051 ns5:CurrentFinancialInstruments 2024-12-31 SC410051 ns5:ShareCapital 2025-12-31 SC410051 ns5:ShareCapital 2024-12-31 SC410051 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-12-31 SC410051 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-12-31 SC410051 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 SC410051 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC410051 ns5:NetGoodwill 2025-01-01 2025-12-31 SC410051 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 SC410051 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 SC410051 ns5:LeaseholdImprovements 2025-01-01 2025-12-31 SC410051 ns5:PlantMachinery 2025-01-01 2025-12-31 SC410051 ns5:FurnitureFittings 2025-01-01 2025-12-31 SC410051 ns5:NetGoodwill 2024-12-31 SC410051 ns5:NetGoodwill 2025-12-31 SC410051 ns5:NetGoodwill 2024-12-31 SC410051 ns5:LandBuildings 2024-12-31 SC410051 ns5:PlantMachinery 2024-12-31 SC410051 ns5:LandBuildings 2025-01-01 2025-12-31 SC410051 ns5:LandBuildings 2025-12-31 SC410051 ns5:PlantMachinery 2025-12-31 SC410051 ns5:LandBuildings 2024-12-31 SC410051 ns5:PlantMachinery 2024-12-31 SC410051 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 SC410051 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 SC410051 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC410051 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-12-31 SC410051 ns5:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31

REGISTERED NUMBER: SC410051 (Scotland)

| Nicole Harris Ltd |

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| Nicole Harris Ltd (Registered number: SC410051) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Nicole Harris Ltd |

Company Information

for the Year Ended 31 December 2025

| DIRECTOR: | Mrs N Harris

| SECRETARY: | Whitelaw Wells

| REGISTERED OFFICE: | Newtongrange Dental Practice

| 5 Station Road

| Newtongrange

| Dalkeith

| EH22 4NB

| REGISTERED NUMBER: | SC410051 (Scotland)

| ACCOUNTANTS: | Whitelaw Wells

| 9 Ainslie Place

| Edinburgh

| Midlothian

| EH3 6AT

| BANKERS: | The Royal Bank of Scotland

| 131 Main Street

| Newtongrange

| EH22 4PF

| Nicole Harris Ltd (Registered number: SC410051) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 318,455 |  | 338,124 |  |

Investment property | 6 | 425,000 |  | 425,000 |  |

743,455 |  | 763,124 |  |

CURRENT ASSETS

Stocks | 6,500 |  | 6,500 |  |

Debtors | 7 | 75,277 |  | 44,282 |  |

Cash at bank and in hand | 128,508 |  | 92,586 |  |

210,285 |  | 143,368 |  |

CREDITORS

Amounts falling due within one year | 8 | 60,261 |  | 76,312 |  |

NET CURRENT ASSETS | 150,024 |  | 67,056 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 893,479 |  | 830,180 |  |

PROVISIONS FOR LIABILITIES | - |  | 10,359 |  |

NET ASSETS | 893,479 |  | 819,821 |  |

| Nicole Harris Ltd (Registered number: SC410051) |

Balance Sheet - continued

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 9 | (89,099 | ) | (118,799 | ) |

Retained earnings | 9 | 982,478 |  | 938,520 |  |

893,479 |  | 819,821 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2026 and were signed by:

Mrs N Harris - Director

| Nicole Harris Ltd (Registered number: SC410051) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Nicole Harris Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of four years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and freehold property | - | 2% on cost

| Caravan | - | 10% on cost

| Plant and machinery | - | 15% on cost

| Fixtures and fittings | - | 15% on cost

| Investment property

| Investment properties are shown at their fair value. Any surplus or deficit arising from changes in fair value are recognised in the profit and loss account for the year. A reduction in value due to the fluctuation in the property market conditions is not considered to be permanent.

| Deferred taxation is provided on any fair value surplus at the rate expected to apply when the property is sold and at the year-end is included in the fair value reserve with the relevant change in fair value.

| Inventories

| Inventories have been valued at the lower of cost and estimated selling price less costs to sell.

| Nicole Harris Ltd (Registered number: SC410051) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| All loans with related parties are all repayable on demand.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Provisions

| Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

| Nicole Harris Ltd (Registered number: SC410051) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 5 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 65,600 |  |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | 65,600 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025

| and 31 December 2025 | 343,478 |  | 172,527 |  | 516,005 |  |

| DEPRECIATION

| At 1 January 2025 | 51,614 |  | 126,267 |  | 177,881 |  |

| Charge for year | 6,870 |  | 12,799 |  | 19,669 |  |

| At 31 December 2025 | 58,484 |  | 139,066 |  | 197,550 |  |

| NET BOOK VALUE

| At 31 December 2025 | 284,994 |  | 33,461 |  | 318,455 |  |

| At 31 December 2024 | 291,864 |  | 46,260 |  | 338,124 |  |

| Nicole Harris Ltd (Registered number: SC410051) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 425,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 425,000 |  |

| At 31 December 2024 | 425,000 |  |

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2024 | (118,799 | ) |

| Cost | 543,799 |  |

425,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 543,799 |  | 543,799 |  |

| Investment property was valued on an open market basis on 31 December 2025 by the director .

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 42,427 |  | 43,825 |  |

| Other debtors | 32,850 |  | 457 |  |

75,277 |  | 44,282 |  |

| Nicole Harris Ltd (Registered number: SC410051) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 1,899 |  | 1,047 |  |

| Taxation and social security | 49,779 |  | 60,722 |  |

| Other creditors | 8,583 |  | 14,543 |  |

60,261 |  | 76,312 |  |

9. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 January 2025 | 938,520 |  | (118,799 | ) | 819,721 |  |

| Profit for the year | 125,558 |  | 125,558 |  |

| Dividends | (51,900 | ) | (51,900 | ) |

| Deferred tax | (29,700 | ) | 29,700 |  | - |  |

| At 31 December 2025 | 982,478 |  | (89,099 | ) | 893,379 |  |

| The fair value reserve represents the net revaluation surplus on investment properties that is not readily distributable as realised earnings.