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REGISTERED NUMBER: 11207589 (England and Wales)















Financial Statements for the Period 1 March 2022 to 27 February 2023

for

Nmr Developments Limited

Nmr Developments Limited (Registered number: 11207589)






Contents of the Financial Statements
for the Period 1 March 2022 to 27 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nmr Developments Limited

Company Information
for the Period 1 March 2022 to 27 February 2023







DIRECTOR: J J Ball





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 11207589 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Nmr Developments Limited (Registered number: 11207589)

Balance Sheet
27 February 2023

27.2.23 28.2.22
Notes £    £   
CURRENT ASSETS
Debtors 4 539,909 294,409
Cash at bank 2,243 253,156
542,152 547,565
CREDITORS
Amounts falling due within one year 5 545,848 547,564
NET CURRENT (LIABILITIES)/ASSETS (3,696 ) 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,696

)

1

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (3,697 ) -
(3,696 ) 1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 November 2023 and were signed by:





J J Ball - Director


Nmr Developments Limited (Registered number: 11207589)

Notes to the Financial Statements
for the Period 1 March 2022 to 27 February 2023

1. STATUTORY INFORMATION

Nmr Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Despite the current liability position of the company it is still considered a going concern due to ongoing continued support from the director.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is derived from the sale of properties and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The company recognises revenue upon completion of sale.

Financial instruments
Intercompany loans (being repayable on demand) and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

Nmr Developments Limited (Registered number: 11207589)

Notes to the Financial Statements - continued
for the Period 1 March 2022 to 27 February 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.23 28.2.22
£    £   
Amounts owed by associates 539,176 293,876
Other debtors 733 533
539,909 294,409

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.23 28.2.22
£    £   
Trade creditors 1,200 1,200
Amounts owed to associates 544,048 545,363
Other creditors 600 1,001
545,848 547,564

6. RELATED PARTY DISCLOSURES

Included in debtors is £539,176 (2022: £293,876) and included in creditors is £544,048 (2022: £545,363) due from/to companies which share a director with Nmr Developments Limited. All of which are interest free and repayable on demand.