Company registration number 14329928 (England and Wales)
NARS PROPERTIES LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
PAGES FOR FILING WITH REGISTRAR
NARS PROPERTIES LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3
NARS PROPERTIES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 1 -
The directors present their annual report and financial statements for the year ended 30 September 2023.
Principal activities
The principal activity of the company continued to be that of investing in UK Buy to Let Properties to earn rental income.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mrs Nidhi Sehgal
(Appointed 1 September 2022)
Mr Arun Sehgal
(Appointed 1 September 2022)
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Mrs Nidhi Sehgal
Mr Arun Sehgal
Director
Director
7 April 2024
NARS PROPERTIES LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 2 -
2023
Notes
£
£
Fixed assets
Investment property
1,73,857
Current assets
Cash at bank and in hand
915
Net current assets
915
Total assets less current liabilities
1,74,772
Creditors: amounts falling due after more than one year
(2,26,594)
Net liabilities
(51,822)
Capital and reserves
Called up share capital
Profit and loss reserves
(51,822)
Total equity
(51,822)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 September 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 7 April 2024 and are signed on its behalf by:
Mrs Nidhi Sehgal
Mr Arun Sehgal
Director
Director
Company registration number 14329928 (England and Wales)
NARS PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023
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1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
Number
Total