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REGISTERED NUMBER: 13894689 (England and Wales)















Unaudited Financial Statements

for the Period 4 February 2022 to 28 February 2023

for

Nsd Property Limited

Nsd Property Limited (Registered number: 13894689)






Contents of the Financial Statements
for the Period 4 February 2022 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nsd Property Limited

Company Information
for the Period 4 February 2022 to 28 February 2023







DIRECTORS: J Kay
V J Wignall





REGISTERED OFFICE: M.01 Tomorrow
Blue
Mediacityuk
M50 2AB





REGISTERED NUMBER: 13894689 (England and Wales)





ACCOUNTANTS: Summit Accountants Limited
M.01 Tomorrow
MediaCityUK
Salford
Greater Manchester
M50 2AB

Nsd Property Limited (Registered number: 13894689)

Balance Sheet
28 February 2023

Notes £    £   
FIXED ASSETS
Investment property 4 7,500

CREDITORS
Amounts falling due within one year 5 9,875
NET CURRENT LIABILITIES (9,875 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,375

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (2,475 )
(2,375 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 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 November 2023 and were signed on its behalf by:




J Kay - Director



V J Wignall - Director


Nsd Property Limited (Registered number: 13894689)

Notes to the Financial Statements
for the Period 4 February 2022 to 28 February 2023

1. STATUTORY INFORMATION

Nsd Property 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. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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.

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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Nsd Property Limited (Registered number: 13894689)

Notes to the Financial Statements - continued
for the Period 4 February 2022 to 28 February 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 7,500
At 28 February 2023 7,500
NET BOOK VALUE
At 28 February 2023 7,500

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 288
Amounts owed to associates 8,814
Other creditors 773
9,875

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As of 28 February 2023, the following balances were owed by the company to the directors.
- Director 1 - £117
- Director 2 - £117
No formal repayment terms have been agreed.

7. RELATED PARTY DISCLOSURES

Mr J Kay and Miss V Wignall, directors of the company, are also directors and shareholders in North Start Digital Limited.

The company has made / (received) loans to / (from) these entities, all of which were interest free and repayable on demand.

At the balance sheet date, the following balances were due from / (to) the following related parties :-

- North Star Digital Limited 2023 : (£8,813)