NICHOL HOLDINGS LIMITED


Director	NICHOL, John


Registered Address	Willowholme Industrial Estate
	Willow Holme Road
	Carlisle
	CA2 5RT


Registered Number	12545902 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		180,702		180,702
			180,702		180,702
Current assets
Debtors	4	-		15,000
Cash at bank and on hand		129,118		90,576
		129,118		105,576
Creditors amounts falling due within one year	5	(188,547)		(188,347)
Net current assets (liabilities)			(59,429)		(82,771)
Total assets less current liabilities			121,273		97,931
Net assets			121,273		97,931
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			120,273		96,931
Shareholders' funds			121,273		97,931

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 September 2026, and are signed on its behalf by:

NICHOL, John
Director
Registered Company No. 12545902

NICHOL HOLDINGS LIMITED

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover comprises rental income generated from property occupied by the Company's subsidiary undertaking. Revenue is recognised in accordance with FRS 102 on an accruals basis as the service is provided over the rental period and when the amount can be measured reliably and collection is probable.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Finance leases and hire purchase contracts
	Rental income from operating leases is credited to the Income Statement on a straight line basis over the lease term.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Investment property
	On 2 July 2021 the director valued the investment property on an open market basis for existing use. It is the opinion of the director that this valuation has not materially altered at the period end date. Had the investment property been measured at historical cost the amount would have been £180,702.


		£
	Fair value at 01 February 25	180,702
	At 31 January 26	180,702

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	-	15,000
Total	-	15,000

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	5,475	5,429
Other creditors	180,702	180,702
Accrued liabilities and deferred income	2,370	2,216
Total	188,547	188,347