Company registration number 12447933 (England and Wales)
NESTSPACE LIVING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
NESTSPACE LIVING LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
2,113,335
557,214
Current assets
515,443
851,937
Creditors: amounts falling due within one year
(1,619,297)
(953,107)
Net current liabilities
(1,103,854)
(101,170)
Total assets less current liabilities
1,009,481
456,044
Creditors: amounts falling due after more than one year
(1,041,159)
(491,156)
Net liabilities
(31,678)
(35,112)
Capital and reserves
(31,678)
(35,112)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
3
3
2
Charges on assets
Included in creditors due within and more than one year are bank loans amounting to £1,351,287 (2022: £491,156) which are secured by way of a fixed charge over the investment property held by the company.
Nestspace Living Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lynwood House, 373-375 Station Road, Harrow, Middlesex, HA1 2AW.
For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
NESTSPACE LIVING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2023
28 February 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 15 November 2023 and are signed on its behalf by:
Mr Harvinder Gill
Mr Saveet Babber
Director
Director
Mr Sandeep Babber
Director
Company registration number 12447933 (England and Wales)