Registration number: 08148689

NH Shopfitting & Interiors Limited

Contents

Company Information	1
Directors' Report	2
Balance Sheet and Notes to the Financial Statements	3 to 10

NH Shopfitting & Interiors Limited

Company Information

Directors

S Jordan M Nichols C Jordan A Nichols

Registered office

Harwin House Bolingbroke Road Fairfield Industrial Estate Louth Lincolnshire LN11 0WA

NH Shopfitting & Interiors Limited

Directors' Report for the Year Ended 31 October 2025

The Directors present their report and the financial statements for the year ended 31 October 2025.

Directors of the Company

The Directors who held office during the year were as follows:

S Jordan

M Nichols

C Jordan

A Nichols

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 28 July 2026 and signed on its behalf by:
 

......................................... S Jordan Director

......................................... M Nichols Director

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	780,361	935,702
Current assets
Stocks	6	96,251	98,750
Debtors	7	2,369,676	3,653,129
Cash at bank and in hand		935,639	1,422,988
		3,401,566	5,174,867
Creditors: Amounts falling due within one year	8	(2,229,174)	(3,376,116)
Net current assets		1,172,392	1,798,751
Total assets less current liabilities		1,952,753	2,734,453
Creditors: Amounts falling due after more than one year	8	(3,348)	(26,271)
Provisions for liabilities		(113,486)	(177,508)
Net assets		1,835,919	2,530,674
Capital and reserves
Called up share capital	9	100	100
Retained earnings		1,835,819	2,530,574
Shareholders' funds		1,835,919	2,530,674

For the financial year ending 31 October 2025 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 accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 28 July 2026 and signed on its behalf by:
 

......................................... S Jordan Director

......................................... M Nichols Director

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

Notes to the Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital incorporated in United Kingdom (England & Wales) and the company registration number is 08148689.

The address of its registered office is:
Harwin House
Bolingbroke Road
Fairfield Industrial Estate
Louth
Lincolnshire
LN11 0WA

These financial statements cover the individual entity, NH Shopfitting & Interiors Limited.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Group accounts not prepared

The company is part of a small group. The company has taken advatange of the exemption provided by section 398 of the Companies Act 2006 and has not prepared group accounts..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

Notes to the Financial Statements for the Year Ended 31 October 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	5 years straight line
Plant and machinery	5 years straight line
Office equipment	33% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

Notes to the Financial Statements for the Year Ended 31 October 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

Notes to the Financial Statements for the Year Ended 31 October 2025

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 24 (2024 - 24).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 November 2024	137,845	137,845
At 31 October 2025	137,845	137,845
Amortisation
At 1 November 2024	137,845	137,845
At 31 October 2025	137,845	137,845
Carrying amount
At 31 October 2025	-	-

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	751,941	820,638	1,572,579
Additions	52,407	340,887	393,294
Disposals	(569)	(368,934)	(369,503)
At 31 October 2025	803,779	792,591	1,596,370
Depreciation
At 1 November 2024	424,941	211,936	636,877
Charge for the year	103,213	127,416	230,629
Eliminated on disposal	(360)	(51,137)	(51,497)
At 31 October 2025	527,794	288,215	816,009
Carrying amount
At 31 October 2025	275,985	504,376	780,361
At 31 October 2024	327,000	608,702	935,702

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

Notes to the Financial Statements for the Year Ended 31 October 2025

6

Stocks

	2025 £	2024 £
Other inventories	96,251	98,750

7

Debtors

Current	2025 £	2024 £
Trade debtors	364,761	2,566,955
Prepayments	48,279	68,103
Other debtors	1,651,302	1,018,071
Income tax liability	305,334	-
	2,369,676	3,653,129

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

Notes to the Financial Statements for the Year Ended 31 October 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	34,030	158,841
Trade creditors		482,647	915,626
Taxation and social security		172,983	796,422
Accruals and deferred income		62,328	10,604
Other creditors		1,477,186	1,494,623
		2,229,174	3,376,116

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary share of £1 each	100	100	100	100

10	Loans and borrowings

	2025 £	2024 £
Non-current loans and borrowings
Hire purchase contracts	3,348	26,271

	2025 £	2024 £
Current loans and borrowings
Hire purchase contracts	34,030	50,896
Other borrowings	-	107,945
	34,030	158,841

11	Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are assets under hire purchase secured of £37,378 (2024 - £77,167). £34,030 due in one year and £3,348 due over one year. The assets under hire purchase contracts are secured against the company's total assets.

NH Shopfitting & Interiors Limited

(Registration number: 08148689)
Balance Sheet as at 31 October 2025

Notes to the Financial Statements for the Year Ended 31 October 2025

12	Related party transactions

Transactions with Directors

2025	At 1 November 2024 £	Advances to Director £	At 31 October 2025 £
Interest bearing directors' loan accounts - no formal repayment terms	-	263,000	263,000