NICHOLAS & SONS (INVESTMENTS) LIMITED - Accounts to registrar (filleted) - small 23.2.5
NICHOLAS & SONS (INVESTMENTS) LIMITED - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 28th February 2023 |
| for |
| NICHOLAS & SONS (INVESTMENTS) LIMITED |
| NICHOLAS & SONS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01868593) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 28th February 2023 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| NICHOLAS & SONS (INVESTMENTS) LIMITED |
| Company Information |
| FOR THE YEAR ENDED 28th February 2023 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Argyle Court |
| 105 Seven Sisters Road |
| London |
| London |
| N7 7QR |
| BANKERS: |
| 14 | The Broadawy |
| London |
| N22 6DX |
| NICHOLAS & SONS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01868593) |
| Statement of Financial Position |
| 28th February 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| NICHOLAS & SONS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01868593) |
| Statement of Financial Position - continued |
| 28th February 2023 |
| 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 |
| NICHOLAS & SONS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01868593) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 28th February 2023 |
| 1. | STATUTORY INFORMATION |
| NICHOLAS & SONS (INVESTMENTS) LIMITED is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
| NICHOLAS & SONS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01868593) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 28th February 2023 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st March 2022 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 28th February 2023 |
| DEPRECIATION |
| At 1st March 2022 |
| Charge for year |
| At 28th February 2023 |
| NET BOOK VALUE |
| At 28th February 2023 |
| At 28th February 2022 |
| 5. | DEBTORS |
| 2023 | 2022 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Amounts owed by participating interests | 1,576,778 | 943,000 |
| NICHOLAS & SONS (INVESTMENTS) LIMITED (REGISTERED NUMBER: 01868593) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 28th February 2023 |
| 5. | DEBTORS - continued |
| 2023 | 2022 |
| £ | £ |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 1,826,839 | 2,326,562 |