Nuneaton Replacement Panels Limited

Registered number

04961567

Unaudited Filleted Accounts

31 January 2026

Nuneaton Replacement Panels Limited
Registered number:		04961567
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		436,041			400,203

Current assets
Stocks		285,000			295,000
Debtors	4	359,321			282,034
Investments held as current assets	5	18,605			12,000
Cash at bank and in hand		129,797			115,334
		792,723			704,368

Creditors: amounts falling due within one year	6	(200,369)			(208,315)

Net current assets			592,354			496,053

Total assets less current liabilities			1,028,395			896,256

Creditors: amounts falling due after more than one year	7		(318,582)			(326,850)

Provisions for liabilities			(20,364)			(7,609)


Net assets			689,449			561,797

Capital and reserves
Called up share capital			70			70
Capital redemption reserve			36			36
Profit and loss account			689,343			561,691

Shareholders' funds			689,449			561,797

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J House
Director
Approved by the board on 27 October 2026

Nuneaton Replacement Panels Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					16		16


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	344,325		38,721		113,998		497,044
	Additions	-		11,200		89,075		100,275
	Disposals	-		-		(71,310)		(71,310)
	At 31 January 2026	344,325		49,921		131,763		526,009

	Depreciation
	At 1 February 2025	-		33,264		63,577		96,841
	Charge for the year	-		4,165		26,409		30,574
	On disposals	-		-		(37,447)		(37,447)
	At 31 January 2026	-		37,429		52,539		89,968

	Net book value
	At 31 January 2026	344,325		12,492		79,224		436,041
	At 31 January 2025	344,325		5,457		50,421		400,203


4	Debtors					2026		2025
£							£

	Trade debtors					297,679		259,197
	Other debtors					61,642		22,837
						359,321		282,034


5	Investments held as current assets					2026		2025
£							£
	Fair value
	Unlisted investments					18,605		12,000



6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					35,000		35,000
	Obligations under finance lease and hire purchase contracts					2,696		8,240
	Trade creditors					81,303		112,607
	Taxation and social security costs					73,689		45,037
	Other creditors					7,681		7,431
						200,369		208,315


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					271,250		306,250
	Obligations under finance lease and hire purchase contracts					47,332		20,600
						318,582		326,850


8	Loans					2026		2025
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					131,250		131,250


10	Other information

	Nuneaton Replacement Panels Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4 Alliance Close
	Attleborough Fields Ind Estate
	Nuneaton
	Warwickshire
	CV11 6SD