IRIS Accounts Production v22.2.0.402 07959030 Board of Directors 1.11.20 31.10.21 31.10.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure079590302020-10-31079590302021-10-31079590302020-11-012021-10-31079590302019-10-31079590302019-11-012020-10-31079590302020-10-3107959030ns16:EnglandWales2020-11-012021-10-3107959030ns15:PoundSterling2020-11-012021-10-3107959030ns11:Director12020-11-012021-10-3107959030ns11:PrivateLimitedCompanyLtd2020-11-012021-10-3107959030ns11:SmallEntities2020-11-012021-10-3107959030ns11:AuditExempt-NoAccountantsReport2020-11-012021-10-3107959030ns11:SmallCompaniesRegimeForDirectorsReport2020-11-012021-10-3107959030ns11:SmallCompaniesRegimeForAccounts2020-11-012021-10-3107959030ns11:FullAccounts2020-11-012021-10-3107959030ns11:Director22020-11-012021-10-3107959030ns11:Director32020-11-012021-10-3107959030ns11:CompanySecretary12020-11-012021-10-3107959030ns11:RegisteredOffice2020-11-012021-10-3107959030ns6:CurrentFinancialInstruments2021-10-3107959030ns6:CurrentFinancialInstruments2020-10-3107959030ns6:Non-currentFinancialInstruments2021-10-3107959030ns6:Non-currentFinancialInstruments2020-10-3107959030ns6:ShareCapital2021-10-3107959030ns6:ShareCapital2020-10-3107959030ns6:RevaluationReserve2021-10-3107959030ns6:RevaluationReserve2020-10-3107959030ns6:RetainedEarningsAccumulatedLosses2021-10-3107959030ns6:RetainedEarningsAccumulatedLosses2020-10-3107959030ns6:PlantMachinery2020-11-012021-10-3107959030ns6:LandBuildings2020-10-3107959030ns6:PlantMachinery2020-10-3107959030ns6:LandBuildings2020-11-012021-10-3107959030ns6:LandBuildings2021-10-3107959030ns6:PlantMachinery2021-10-3107959030ns6:LandBuildings2020-10-3107959030ns6:PlantMachinery2020-10-3107959030ns6:CostValuation2020-10-3107959030ns6:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-10-3107959030ns6:CostValuation2021-10-3107959030ns6:WithinOneYearns6:CurrentFinancialInstruments2021-10-3107959030ns6:WithinOneYearns6:CurrentFinancialInstruments2020-10-3107959030ns6:RevaluationReserve2020-10-31
REGISTERED NUMBER: 07959030 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 October 2021

for

Nene Court Holdings Limited

Nene Court Holdings Limited (Registered number: 07959030)






Contents of the Financial Statements
for the Year Ended 31 October 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nene Court Holdings Limited

Company Information
for the Year Ended 31 October 2021







DIRECTORS: M C Binley
R C Binley
Mrs. C Porter





SECRETARY: Mrs P M Binley





REGISTERED OFFICE: Nene Court
The Embankment
Wellingborough
Northamptonshire
NN8 1LD





REGISTERED NUMBER: 07959030 (England and Wales)





ACCOUNTANTS: John S Ward & Co Limited
Chartered Certified Accountants
26-28 Headlands
Kettering
Northamptonshire
NN15 7HP

Nene Court Holdings Limited (Registered number: 07959030)

Balance Sheet
31 October 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,728,344 2,662,437
Investments 5 412,001 253,361
3,140,345 2,915,798

CURRENT ASSETS
Debtors 6 60,514 30,828
Cash at bank 5,722 26,402
66,236 57,230
CREDITORS
Amounts falling due within one year 7 192,908 127,397
NET CURRENT LIABILITIES (126,672 ) (70,167 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,013,673

2,845,631

CREDITORS
Amounts falling due after more than
one year

8

(1,020,289

)

(1,097,700

)

PROVISIONS FOR LIABILITIES (14,152 ) (10,115 )
NET ASSETS 1,979,232 1,737,816

Nene Court Holdings Limited (Registered number: 07959030)

Balance Sheet - continued
31 October 2021

2021 2020
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 488 488
Revaluation reserve 9 411,513 252,873
Retained earnings 1,567,231 1,484,455
1,979,232 1,737,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 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 2 August 2022 and were signed on its behalf by:





M C Binley - Director


Nene Court Holdings Limited (Registered number: 07959030)

Notes to the Financial Statements
for the Year Ended 31 October 2021

1. STATUTORY INFORMATION

Nene Court Holdings 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.

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.

Related party exemption
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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


Nene Court Holdings Limited (Registered number: 07959030)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

2. ACCOUNTING POLICIES - continued
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 3 (2020 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2020 2,556,517 175,527 2,732,044
Additions 65,436 17,435 82,871
At 31 October 2021 2,621,953 192,962 2,814,915
DEPRECIATION
At 1 November 2020 - 69,607 69,607
Charge for year - 16,964 16,964
At 31 October 2021 - 86,571 86,571
NET BOOK VALUE
At 31 October 2021 2,621,953 106,391 2,728,344
At 31 October 2020 2,556,517 105,920 2,662,437

Nene Court Holdings Limited (Registered number: 07959030)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2020 253,361
Adjustment 158,640
At 31 October 2021 412,001
NET BOOK VALUE
At 31 October 2021 412,001
At 31 October 2020 253,361

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 38,181 26,171
Other debtors 22,333 4,657
60,514 30,828

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 47,857 37,400
Trade creditors 547 2,112
Amounts owed to group undertakings 115,235 61,960
Taxation and social security 8,695 12,935
Other creditors 20,574 12,990
192,908 127,397

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2021 2020
£    £   
Bank loans 609,535 659,437
Other creditors 410,754 438,263
1,020,289 1,097,700

Nene Court Holdings Limited (Registered number: 07959030)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

9. RESERVES
Revaluation
reserve
£   
At 1 November 2020 252,873
Adjustment 158,640

At 31 October 2021 411,513