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Company Registration No. 13255730 (England and Wales)
Nai Homes Ltd Unaudited accounts for the year ended 31 March 2023
Nai Homes Ltd Unaudited accounts Contents
Page
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Nai Homes Ltd Company Information for the year ended 31 March 2023
Director
Naila Mir
Company Number
13255730 (England and Wales)
Registered Office
16 PENDRAGON WALK LONDON NW9 7RS UNITED KINGDOM
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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Nai Homes Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
237,300 
237,300 
Current assets
Cash at bank and in hand
3,068 
2,681 
Creditors: amounts falling due within one year
(58,529)
(59,393)
Net current liabilities
(55,461)
(56,712)
Total assets less current liabilities
181,839 
180,588 
Creditors: amounts falling due after more than one year
(179,942)
(180,000)
Net assets
1,897 
588 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,896 
587 
Shareholders' funds
1,897 
588 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 September 2023 and were signed on its behalf by
Naila Mir Director Company Registration No. 13255730
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Nai Homes Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Nai Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 13255730. The registered office is 16 PENDRAGON WALK, LONDON, NW9 7RS, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Fair value at 1 April 2022
237,300 
At 31 March 2023
237,300 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
307 
138 
Other creditors
43,282 
45,000 
Loans from directors
14,581 
14,040 
Accruals
359 
215 
58,529 
59,393 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
179,942 
180,000 
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Nai Homes Ltd Notes to the Accounts for the year ended 31 March 2023
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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