REGISTERED NUMBER: 04382623 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Nettleship Sawyer Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A R Sawyer

S J Tomkins

S Chiari

SECRETARY:

Mrs A R Sawyer

REGISTERED OFFICE:

Heliting House

35 Richmond Hill

Bournemouth

Dorset

BH2 6HT

REGISTERED NUMBER:

04382623 (England and Wales)

ACCOUNTANTS:

Stephen Penny and Partners Limited

Chartered Certified Accountants

and Business Advisors

898-902 Wimborne Road

Bournemouth

Dorset

BH9 2DW

FIXED ASSETS

Intangible assets

4

33,833

84,333

Tangible assets

5

10,079

12,867

43,912

97,200

CURRENT ASSETS

Debtors

6

109,247

92,114

Cash at bank

37,433

58,398

146,680

150,512

CREDITORS

Amounts falling due within one year

7

198,078

268,300

NET CURRENT LIABILITIES

(51,398

)

(117,788

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,486

)

(20,588

)

CREDITORS

Amounts falling due after more than one year

8

(5,000

)

(56,649

)

PROVISIONS FOR LIABILITIES

(2,520

)

(3,217

)

NET LIABILITIES

(15,006

)

(80,454

)

CAPITAL AND RESERVES

Called up share capital

204

204

Retained earnings

(15,210

)

(80,658

)

SHAREHOLDERS' FUNDS

(15,006

)

(80,454

)

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

S Chiari - Director

Mrs A R Sawyer - Director

1.	STATUTORY INFORMATION

Nettleship Sawyer Limited is a private company, limited by shares , registered in England and Wales. 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.

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 amounts paid in connection with the acquisition of businesses in 2002 and 2021, is being amortised evenly over their estimated useful lives of twenty and five 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 buildings

-

in accordance with the property

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

772,998

AMORTISATION

At 1 November 2024

688,665

Charge for year

50,500

At 31 October 2025

739,165

NET BOOK VALUE

At 31 October 2025

33,833

At 31 October 2024

84,333

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

1,910

98,316

100,226

Additions

-

506

506

At 31 October 2025

1,910

98,822

100,732

DEPRECIATION

At 1 November 2024

1,417

85,942

87,359

Charge for year

74

3,220

3,294

At 31 October 2025

1,491

89,162

90,653

NET BOOK VALUE

At 31 October 2025

419

9,660

10,079

At 31 October 2024

493

12,374

12,867

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

89,579

50,474

Amounts recoverable on contract

11,038

11,400

Other debtors

8,630

30,240

109,247

92,114

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

13,900

31,413

Taxation and social security

95,640

81,742

Other creditors

78,538

145,145

198,078

268,300

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

5,000

15,000

Other creditors

-

41,649

5,000

56,649

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

S Chiari

Balance outstanding at start of year

10,000

-

Amounts advanced

136

10,000

Amounts repaid

(10,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

136

10,000

S J Tomkins

Balance outstanding at start of year

10,000

-

Amounts advanced

-

10,000

Amounts repaid

(10,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

10,000