Company Registration No. 08339024 (England and Wales)
NRW Financial Services Ltd
Unaudited accounts
for the year ended 31 December 2025
NRW Financial Services Ltd
Unaudited accounts
Contents
NRW Financial Services Ltd
Company Information
for the year ended 31 December 2025
Director
Nicholas Roger Walton
Company Number
08339024 (England and Wales)
Registered Office
20 Lockwood Gardens
Hoylandswaine
Sheffield
South Yorkshire
S36 7LN
Accountants
Foster Barlow Limited
81 Penny Meadow
Ashton under Lyne
Lancashire
OL6 6EL
NRW Financial Services Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
21,337
27,642
Cash at bank and in hand
5,008
6,550
Creditors: amounts falling due within one year
(22,132)
(12,797)
Net current assets
4,339
9,606
Total assets less current liabilities
25,676
37,248
Creditors: amounts falling due after more than one year
(25,607)
(37,215)
Called up share capital
1
1
Profit and loss account
68
32
For the year ending 31 December 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2026 and were signed on its behalf by
Nicholas Roger Walton
Director
Company Registration No. 08339024
NRW Financial Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
NRW Financial Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08339024. The registered office is 20 Lockwood Gardens, Hoylandswaine, Sheffield, South Yorkshire, S36 7LN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on a straight line basis
Motor vehicles
25% on reducing balance
Computer equipment
20% on reducing balance
The tax currently payable is based on taxable profit for the year. Taxable profit differs from the net profit as reported in the income statement because it excludes items of income and expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
NRW Financial Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
10,500
53,490
6,070
70,060
At 31 December 2025
10,500
53,490
6,070
70,060
At 1 January 2025
4,200
33,745
4,473
42,418
Charge for the year
1,050
4,936
319
6,305
At 31 December 2025
5,250
38,681
4,792
48,723
At 31 December 2025
5,250
14,809
1,278
21,337
At 31 December 2024
6,300
19,745
1,597
27,642
Amounts falling due within one year
Other debtors
21,463
15,853
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,346
2,684
Obligations under finance leases and hire purchase contracts
6,196
-
Taxes and social security
10,945
9,468
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
15,387
24,193
NRW Financial Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Unsecured and interest free
15,853
90,200
84,590
21,463
15,853
90,200
84,590
21,463
The maximum overdrawn balance during the year was £21,463 (2024: £15,853) The balance was repaid subsequent to the year end date. There were no individual advances in excess of £10,000 during the year.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).