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REGISTERED NUMBER: 09547731 (England and Wales)














Financial Statements

for the Year Ended 31 August 2023

for

NWR Property Limited

NWR Property Limited (Registered number: 09547731)

Contents of the Financial Statements
for the Year Ended 31 August 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NWR Property Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: N A Whittaker





REGISTERED OFFICE: Oriel House
2 - 8 Oriel Road
Bootle
Merseyside
L20 7EP





REGISTERED NUMBER: 09547731 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

NWR Property Limited (Registered number: 09547731)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 635,636 635,636

CURRENT ASSETS
Cash at bank and in hand 26,604 23,289

CREDITORS
Amounts falling due within one year 5 639,635 639,201
NET CURRENT LIABILITIES (613,031 ) (615,912 )
TOTAL ASSETS LESS CURRENT LIABILITIES 22,605 19,724

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 22,603 19,722
SHAREHOLDERS' FUNDS 22,605 19,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 February 2024 and were signed by:





N A Whittaker - Director


NWR Property Limited (Registered number: 09547731)

Notes to the Financial Statements
for the Year Ended 31 August 2023


1. STATUTORY INFORMATION

NWR 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.

Turnover
Turnover represents property rentals due from tenants for the year. Rental income is recognised on a receipts basis.

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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 year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 635,636
NET BOOK VALUE
At 31 August 2023 635,636
At 31 August 2022 635,636

NWR Property Limited (Registered number: 09547731)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


4. INVESTMENT PROPERTY - continued

The property has not been revalued as the director does not consider the valuation at 31 August 2020 to be materially different to the cost of the property.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Amounts owed to group undertakings 552,615 552,615
Taxation and social security 676 541
Other creditors 86,344 86,045
639,635 639,201

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
2 Ordinary £1 2 2

7. RELATED PARTY DISCLOSURES

At the year end £552,615.27 was owed to N W R Holdings Ltd by NWR Property Limited in which Neil Whittaker is the controlling party.