REGISTERED NUMBER: |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2023 |
REGISTERED NUMBER: |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2023 |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND (REGISTERED NUMBER: 05706833) |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 5 April 2023 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 4 |
Chartered accountants' report | 6 |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
COMPANY INFORMATION |
for the year ended 5 April 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Lygon House |
50 London Road |
Bromley |
Kent |
BR1 3RA |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND (REGISTERED NUMBER: 05706833) |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
BALANCE SHEET |
5 April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
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. |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND (REGISTERED NUMBER: 05706833) |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
BALANCE SHEET - continued |
5 April 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 |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND (REGISTERED NUMBER: 05706833) |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 5 April 2023 |
1. | STATUTORY INFORMATION |
Land Property Nominees Limited As Trustee for NPS Pension Fund is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
The preparation of the financial statements requires management to make judgements, estimates and |
assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the |
amounts reported for revenues and expenditures during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Management do not consider that there is a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period. |
Going concern |
The Directors have considered the current economic and financial situation against the Company's activities, income and expenditure and have concluded that the current risks to the Company are not significant and that no additional provisions need to be made. It is the Directors' opinion that the Company will be a going concern for the foreseeable future. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
The investment property is shown at cost and is not depreciated. |
Debtors |
Short term debtors are measures at transaction price, less any impairment. Loans receivable are measured |
initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the |
effective interest method, less any impairment. |
Cash and cash equivalents |
Cash and cash equivalents include cash in hand and deposits held at call with banks. Bank overdrafts, when applicable are shown within borrowings in current liabilities. |
Creditors |
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are |
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND (REGISTERED NUMBER: 05706833) |
THE ANDREW DOYLE SIPP |
DAVID WINCH NO 1 SIPP |
NIGEL ROBSON SIPP 1 |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 5 April 2023 |
4. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 6 April 2022 |
and 5 April 2023 |
NET BOOK VALUE |
At 5 April 2023 |
At 5 April 2022 |
In the opinion of the directors the market value of the property is greater than the historical cost. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 4 | 4 |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
LAND PROPERTY NOMINEES LIMITED |
AS TRUSTEE FOR |
NPS PENSION FUND |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Land Property Nominees Limited As Trustee for NPS Pension Fund for the year ended 5 April 2023 which comprise the Income statement, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Land Property Nominees Limited As Trustee for NPS Pension Fund, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Land Property Nominees Limited As Trustee for NPS Pension Fund and state those matters that we have agreed to state to the Board of Directors of Land Property Nominees Limited As Trustee for NPS Pension Fund, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Land Property Nominees Limited As Trustee for NPS Pension Fund and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Land Property Nominees Limited As Trustee for NPS Pension Fund has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Land Property Nominees Limited As Trustee for NPS Pension Fund. You consider that Land Property Nominees Limited As Trustee for NPS Pension Fund is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Land Property Nominees Limited As Trustee for NPS Pension Fund. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Lygon House |
50 London Road |
Bromley |
Kent |
BR1 3RA |