Nottingham Land and Property Limited 13663518 false 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is A Land Developer Digita Accounts Production Advanced 6.30.9574.0 true true 13663518 2022-11-01 2023-10-31 13663518 2023-10-31 13663518 bus:OrdinaryShareClass1 2023-10-31 13663518 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 13663518 bus:SmallEntities 2022-11-01 2023-10-31 13663518 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 13663518 bus:AbridgedAccounts 2022-11-01 2023-10-31 13663518 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 13663518 bus:RegisteredOffice 2022-11-01 2023-10-31 13663518 bus:Director1 2022-11-01 2023-10-31 13663518 bus:Director2 2022-11-01 2023-10-31 13663518 bus:Director3 2022-11-01 2023-10-31 13663518 bus:Director4 2022-11-01 2023-10-31 13663518 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 13663518 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 13663518 countries:England 2022-11-01 2023-10-31 13663518 2021-10-05 2022-10-31 13663518 2022-10-31 13663518 bus:OrdinaryShareClass1 2022-10-31 13663518 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13663518

Nottingham Land and Property Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 October 2023

 

Nottingham Land and Property Limited

Directors' Report for the Year Ended 31 October 2023

The directors present their report and the abridged financial statements for the year ended 31 October 2023.

Directors of the company

The directors who held office during the year were as follows:

Mr John Burrows

Mr Jeremy Wall

Mr Anthony Daniels

Mr Lee Sherwood

Principal activity

The principal activity of the company is A Land Developer

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 30 July 2024 and signed on its behalf by:
 

.........................................
Mr John Burrows
Director

.........................................
Mr Jeremy Wall
Director

.........................................
Mr Anthony Daniels
Director

.........................................
Mr Lee Sherwood
Director

 

Nottingham Land and Property Limited

(Registration number: 13663518)
Abridged Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Current assets

 

Stocks

4

195,211

195,211

Creditors: Amounts falling due within one year

(195,111)

(195,111)

Total assets less current liabilities

 

100

100

Accruals and deferred income

 

(300)

(300)

Net liabilities

 

(200)

(200)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(300)

(300)

Shareholders' deficit

 

(200)

(200)

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 30 July 2024 and signed on its behalf by:
 

.........................................
Mr John Burrows
Director

.........................................
Mr Jeremy Wall
Director

 

Nottingham Land and Property Limited

(Registration number: 13663518)
Abridged Balance Sheet as at 31 October 2023

.........................................
Mr Anthony Daniels
Director

.........................................
Mr Lee Sherwood
Director

 

Nottingham Land and Property Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Venue Kirklington Road
Rainworth
Mansfield
Nottinghamshire
NG21 0JR
United Kingdom

These financial statements were authorised for issue by the Board on 30 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Nottingham Land and Property Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

4

Stocks

2023
£

2022
£

Work in progress

195,211

195,211

5

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100