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REGISTERED NUMBER: 10175590 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

NATDAV PROPERTY MANAGEMENT LTD

NATDAV PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 10175590)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NATDAV PROPERTY MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: N Seidenfeld





REGISTERED OFFICE: 37 Cambridge Court, Amhurst Park
London
N16 5AQ





REGISTERED NUMBER: 10175590 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

NATDAV PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 10175590)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 82 96

CURRENT ASSETS
Debtors 5 130,375 137,881
Investments 6 22,412 22,412
Cash at bank 33,695 32,236
186,482 192,529
CREDITORS
Amounts falling due within one year 7 (13,534 ) (32,705 )
NET CURRENT ASSETS 172,948 159,824
TOTAL ASSETS LESS CURRENT
LIABILITIES

173,030

159,920

CREDITORS
Amounts falling due after more than one
year

8

(31,442

)

(41,172

)
NET ASSETS 141,588 118,748

CAPITAL AND RESERVES
Called up share capital 11 2 2
Retained earnings 12 141,586 118,746
SHAREHOLDERS' FUNDS 141,588 118,748

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

NATDAV PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 10175590)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2023


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 6 March 2024 and were signed by:





N Seidenfeld - Director


NATDAV PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 10175590)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Natdav Property Management Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2022 - 2 ) .

NATDAV PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 10175590)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2022
and 31 May 2023 560
DEPRECIATION
At 1 June 2022 464
Charge for year 14
At 31 May 2023 478
NET BOOK VALUE
At 31 May 2023 82
At 31 May 2022 96

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 9,366 26,872
Other debtors 121,009 111,009
130,375 137,881

6. CURRENT ASSET INVESTMENTS
31.5.23 31.5.22
£    £   
Unlisted investments 22,412 22,412

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors - 1,428
Tax 5,361 11,513
Other creditors 7,273 18,054
Accrued expenses 900 1,710
13,534 32,705

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Other loans (see note 9) 31,442 41,172

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 31,442 41,172

NATDAV PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 10175590)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

9. LOANS

An analysis of the maturity of loans is given below:

31.5.23 31.5.22
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Other loans more 5yrs instal 31,442 41,172

10. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Other loans 31,442 41,172

Under the bank loan, £31,442 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
2 Ordinary £1 2 2

12. RESERVES
Retained
earnings
£   

At 1 June 2022 118,746
Profit for the year 22,840
At 31 May 2023 141,586

13. ULTIMATE CONTROLLING PARTY

The controlling party is N Seidenfeld.