Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302false2022-05-01No description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11214393 2022-05-01 2023-04-30 11214393 2021-05-01 2022-04-30 11214393 2023-04-30 11214393 2022-04-30 11214393 c:Director2 2022-05-01 2023-04-30 11214393 d:CurrentFinancialInstruments 2023-04-30 11214393 d:CurrentFinancialInstruments 2022-04-30 11214393 d:Non-currentFinancialInstruments 2023-04-30 11214393 d:Non-currentFinancialInstruments 2022-04-30 11214393 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11214393 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11214393 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11214393 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 11214393 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 11214393 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-04-30 11214393 d:ShareCapital 2023-04-30 11214393 d:ShareCapital 2022-04-30 11214393 d:RetainedEarningsAccumulatedLosses 2023-04-30 11214393 d:RetainedEarningsAccumulatedLosses 2022-04-30 11214393 c:OrdinaryShareClass1 2022-05-01 2023-04-30 11214393 c:OrdinaryShareClass1 2023-04-30 11214393 c:OrdinaryShareClass1 2022-04-30 11214393 c:FRS102 2022-05-01 2023-04-30 11214393 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11214393 c:FullAccounts 2022-05-01 2023-04-30 11214393 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11214393 2 2022-05-01 2023-04-30 11214393 2 2023-04-30 11214393 2 2022-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11214393










NK PROPERTIES & INVESTMENTS LTD









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
NK PROPERTIES & INVESTMENTS LTD
REGISTERED NUMBER: 11214393

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
319,841
315,389

  
319,841
315,389

Current assets
  

Debtors: amounts falling due within one year
 5 
3,269
100

Cash at bank and in hand
 6 
678
1,869

  
3,947
1,969

Creditors: amounts falling due within one year
 7 
(100,215)
(80,277)

Net current liabilities
  
 
 
(96,268)
 
 
(78,308)

Total assets less current liabilities
  
223,573
237,081

Creditors: amounts falling due after more than one year
 8 
(217,500)
(217,500)

  

Net assets
  
6,073
19,581


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
5,973
19,481

  
6,073
19,581


Page 1

 
NK PROPERTIES & INVESTMENTS LTD
REGISTERED NUMBER: 11214393
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 November 2023.




L Krzeminski
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
NK PROPERTIES & INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

NK Properties Limited is a company domiciled in England and Wales, registration number 11214393. The registered office is 23 Halton Lane, Wendover, Buckinghamshire, HP22 6AR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Debtors

Short-term debtors are measured 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.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
NK PROPERTIES & INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investment property

£



Cost or valuation


At 1 May 2022
315,389


Additions
4,452



At 30 April 2023
319,841






Net book value



At 30 April 2023
319,841



At 30 April 2022
315,389

Page 4

 
NK PROPERTIES & INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Debtors

2023
2022
£
£


Other debtors
3,169
-

Called up share capital not paid
100
100

3,269
100



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
678
1,869

678
1,869



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
58,926
52,726

Corporation tax
-
4,570

Other creditors
38,949
21,781

Accruals and deferred income
2,340
1,200

100,215
80,277



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
217,500
217,500

217,500
217,500


Page 5

 
NK PROPERTIES & INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Bank loans
217,500
217,500

217,500
217,500

217,500
217,500



10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6