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REGISTERED NUMBER: 04565353















Unaudited Financial Statements for the Year Ended 31 January 2026

for

Nicholson Outdoors Limited









Nicholson Outdoors Limited (Registered number: 04565353)






Contents of the Financial Statements
for the Year Ended 31 January 2026




Page

Chartered Certified Accountants' Report 1

Balance Sheet 2

Notes to the Financial Statements 3


Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Nicholson Outdoors Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at 31 January 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.








9 October 2026

This page does not form part of the statutory financial statements

Page 1
Nicholson Outdoors Limited (Registered number: 04565353)

Balance Sheet
31 January 2026

31.1.26 31.1.25
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 163 218
163 218

CURRENT ASSETS
Stocks 58,645 53,719
Debtors 6 29 30
Cash at bank and in hand 99,008 88,643
157,682 142,392
CREDITORS
Amounts falling due within one year 7 31,540 23,363
NET CURRENT ASSETS 126,142 119,029
TOTAL ASSETS LESS CURRENT
LIABILITIES
126,305
119,247

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 126,205 119,147
126,305 119,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 21 October 2026 and were signed by:



Mrs S M Wilson - Director


The notes form part of these financial statements

Page 2
Nicholson Outdoors Limited (Registered number: 04565353)

Notes to the Financial Statements
for the Year Ended 31 January 2026

1. STATUTORY INFORMATION

Nicholson Outdoors Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address are as below:

Registered number: 04565353

Registered office: 15 Blackhall Yard
Stricklandgate
Kendal
Cumbria
LA9 4LU

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 amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - at variable rates on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks and work in progress are stated at the lower of cost and estimated costs to complete and sell, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Estimated selling price less costs to complete and sell is based on the estimated selling price of the goods less any estimated completion or selling costs likely to be incurred on the sale.


Page 3 continued...
Nicholson Outdoors Limited (Registered number: 04565353)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2026

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2025
and 31 January 2026 10,000
AMORTISATION
At 1 February 2025
and 31 January 2026 10,000
NET BOOK VALUE
At 31 January 2026 -
At 31 January 2025 -

Page 4 continued...
Nicholson Outdoors Limited (Registered number: 04565353)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2026

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2025
and 31 January 2026 4,297 571 4,868
DEPRECIATION
At 1 February 2025 4,079 571 4,650
Charge for year 55 - 55
At 31 January 2026 4,134 571 4,705
NET BOOK VALUE
At 31 January 2026 163 - 163
At 31 January 2025 218 - 218

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.26 31.1.25
£    £   
Prepayments 29 30

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.26 31.1.25
£    £   
Trade creditors - 3,988
Tax 11,884 6,773
Social security and other taxes 2,930 -
VAT 15,803 11,733
Directors' current accounts 923 869
31,540 23,363

8. RESERVES
Retained
earnings
£   

At 1 February 2025 119,147
Profit for the year 47,058
Dividends (40,000 )
At 31 January 2026 126,205

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

This year included within creditors due within one year are amounts due to the director of £2,922.67 (2025: £869)

Page 5 continued...
Nicholson Outdoors Limited (Registered number: 04565353)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2026

10. RELATED PARTY DISCLOSURES

During the year, Mrs S M Wilson and Mr D G Wilson jointly received a dividend of £42,000 (2024: £24,000)

11. ULTIMATE CONTROLLING PARTY

The company was under the control of Mrs S M Wilson throughout the current and previous years. Mrs Wilson is the managing director and together with her husband Mr D G Wilson owns all of the company's issued share capital.

Page 6