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Registered number: 12015609
Nelstan Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Emslie Bird Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12015609
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,451 10,869
19,451 10,869
CURRENT ASSETS
Debtors 5 56,792 82,830
Cash at bank and in hand 1,996 2,733
58,788 85,563
Creditors: Amounts Falling Due Within One Year 6 (453,722 ) (441,151 )
NET CURRENT ASSETS (LIABILITIES) (394,934 ) (355,588 )
TOTAL ASSETS LESS CURRENT LIABILITIES (375,483 ) (344,719 )
NET LIABILITIES (375,483 ) (344,719 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (375,485 ) (344,721 )
SHAREHOLDERS' FUNDS (375,483) (344,719)
Page 1
Page 2
For the year ending 30 September 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Lewis Taylor
Director
11th August 2026
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Nelstan Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12015609 . The registered office is Shropshire House Heath Mill Road, Wombourne, Wolverhampton, WV5 8AP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Straight Line
Fixtures & Fittings 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 6)
2 6
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 October 2024 - 10,952 10,952
Additions 8,689 3,749 12,438
As at 30 September 2025 8,689 14,701 23,390
Depreciation
As at 1 October 2024 - 83 83
Provided during the period 181 3,675 3,856
As at 30 September 2025 181 3,758 3,939
Net Book Value
As at 30 September 2025 8,508 10,943 19,451
As at 1 October 2024 - 10,869 10,869
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 39,011 2,008
Amounts owed by participating interests - 24,582
Other debtors 15,388 59,730
54,399 86,320
Due after more than one year
Amounts owed by group undertakings 2,393 (3,490)
56,792 82,830
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 59,516 50,992
Amounts owed to participating interests 380,882 381,423
Other creditors 11,197 4,725
Taxation and social security 2,127 4,011
453,722 441,151
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 30 September 2025
£ £ £ £ £
Mr Lewis Taylor 9,886 - - - 9,886
The above loan is unsecured, interest free and repayable on demand.
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