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Company Registration No. 08344301 (England and Wales)
NMH Properties Ltd Unaudited accounts for the year ended 31 January 2023
NMH Properties Ltd Unaudited accounts Contents
Page
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NMH Properties Ltd Company Information for the year ended 31 January 2023
Directors
J P Holliday A Duttson
Company Number
08344301 (England and Wales)
Registered Office
72 Great Suffolk Street London SE1 0BL
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NMH Properties Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,625,679 
1,652,378 
Current assets
Debtors
9,281 
424,511 
Cash at bank and in hand
118,730 
15,339 
128,011 
439,850 
Creditors: amounts falling due within one year
(25,020)
495,049 
Net current assets
102,991 
934,899 
Total assets less current liabilities
2,728,670 
2,587,277 
Creditors: amounts falling due after more than one year
(2,261,214)
(2,296,896)
Net assets
467,456 
290,381 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
467,454 
290,379 
Shareholders' funds
467,456 
290,381 
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 4 August 2023 and were signed on its behalf by
J P Holliday Director Company Registration No. 08344301
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NMH Properties Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
NMH Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 08344301. The registered office is 72 Great Suffolk Street, London, SE1 0BL.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Leasehold property - 5% per annum of cost
Plant & machinery
20% on reducing value
Fixtures & fittings
20% on reducing value
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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NMH Properties Ltd Notes to the Accounts for the year ended 31 January 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
1,515,160 
1,367,907 
2,883,067 
Additions
1,037,233 
- 
1,037,233 
At 31 January 2023
2,552,393 
1,367,907 
3,920,300 
Depreciation
At 1 February 2022
130,744 
1,099,945 
1,230,689 
Charge for the year
10,340 
53,592 
63,932 
At 31 January 2023
141,084 
1,153,537 
1,294,621 
Net book value
At 31 January 2023
2,411,309 
214,370 
2,625,679 
At 31 January 2022
1,384,416 
267,962 
1,652,378 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
9,281 
424,511 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
21,920 
(497,349)
Accruals
3,100 
2,300 
25,020 
(495,049)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,250,121 
1,335,178 
Amounts owed to group undertakings and other participating interests
1,011,093 
961,718 
2,261,214 
2,296,896 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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