Nuneaton Hose & Fittings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03040581 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NUNEATON HOSE & FITTINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B P Arnold

Mr D Sergent

REGISTERED OFFICE:

Gethin House

36 Bond Street

Nuneaton

Warwickshire

CV11 4DA

REGISTERED NUMBER:

03040581 (England and Wales)

ACCOUNTANTS:

Armstrongs Bishop Simmons

Chartered Accountants and Tax Advisors

Gethin House

36 Bond Street

Nuneaton

Warwickshire

CV11 4DA

FIXED ASSETS

Tangible assets

4

144,074

122,767

CURRENT ASSETS

Stocks

300,747

275,184

Debtors

5

1,574,336

1,369,688

Cash at bank and in hand

278,802

365,054

2,153,885

2,009,926

CREDITORS

Amounts falling due within one year

6

322,738

299,160

NET CURRENT ASSETS

1,831,147

1,710,766

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,975,221

1,833,533

PROVISIONS FOR LIABILITIES

35,778

30,399

NET ASSETS

1,939,443

1,803,134

CAPITAL AND RESERVES

Called up share capital

990

Share premium

19,960

Revaluation reserve

1,050

Retained earnings

1,917,443

1,781,134

1,939,443

1,803,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

Mr B P Arnold - Director

Mr D Sergent - Director

1.	STATUTORY INFORMATION

Nuneaton Hose & Fittings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will now flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the dispatch of goods.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 April 2024

121,818

21,125

156,233

299,176

Additions

12,551

22,679

25,599

60,829

At 31 March 2025

134,369

43,804

181,832

360,005

DEPRECIATION

At 1 April 2024

84,811

18,959

72,639

176,409

Charge for year

10,569

3,788

25,165

39,522

At 31 March 2025

95,380

22,747

97,804

215,931

NET BOOK VALUE

At 31 March 2025

38,989

21,057

84,028

144,074

At 31 March 2024

37,007

2,166

83,594

122,767

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

373,599

387,072

Amounts owed by group undertakings

1,169,753

975,309

Other debtors

500

2,987

Prepayments

30,484

4,320

1,574,336

1,369,688

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

157,172

115,920

Taxation and social security

160,998

179,624

Other creditors

4,568

3,616

322,738

299,160

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is NHF Holdings Ltd.