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REGISTERED NUMBER: 04561165 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st October 2023

for

9NBP Limited

9NBP Limited (Registered number: 04561165)






Contents of the Financial Statements
for the Year Ended 31st October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


9NBP Limited

Company Information
for the Year Ended 31st October 2023







DIRECTOR: J A Smart





SECRETARY: Mrs S Smart





REGISTERED OFFICE: 10 Guildhall Street
Grantham
Lincolnshire
NG31 6NJ





REGISTERED NUMBER: 04561165 (England and Wales)





ACCOUNTANTS: Hood Parkes & Co
1st Floor
28 Market Place
Grantham
Lincolnshire
NG31 6LR

9NBP Limited (Registered number: 04561165)

Balance Sheet
31st October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 399 750
Investments 5 10,050 10,050
Investment property 6 833,067 833,067
843,516 843,867

CURRENT ASSETS
Debtors 7 160,905 9,122
Cash at bank 14,298 283,701
175,203 292,823
CREDITORS
Amounts falling due within one year 8 83,329 214,513
NET CURRENT ASSETS 91,874 78,310
TOTAL ASSETS LESS CURRENT
LIABILITIES

935,390

922,177

CREDITORS
Amounts falling due after more than one
year

9

(394,598

)

(404,595

)

PROVISIONS FOR LIABILITIES (76 ) (142 )
NET ASSETS 540,716 517,440

9NBP Limited (Registered number: 04561165)

Balance Sheet - continued
31st October 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Non-Distributable Reserve 10 174,801 174,801
Retained earnings 365,815 342,539
SHAREHOLDERS' FUNDS 540,716 517,440

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 28th July 2024 and were signed by:





J A Smart - Director


9NBP Limited (Registered number: 04561165)

Notes to the Financial Statements
for the Year Ended 31st October 2023

1. STATUTORY INFORMATION

9NBP 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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 25% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

9NBP Limited (Registered number: 04561165)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2022
and 31st October 2023 9,608
DEPRECIATION
At 1st November 2022 8,858
Charge for year 351
At 31st October 2023 9,209
NET BOOK VALUE
At 31st October 2023 399
At 31st October 2022 750

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st November 2022
and 31st October 2023 10,050
NET BOOK VALUE
At 31st October 2023 10,050
At 31st October 2022 10,050

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st November 2022
and 31st October 2023 833,067
NET BOOK VALUE
At 31st October 2023 833,067
At 31st October 2022 833,067

9NBP Limited (Registered number: 04561165)

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

6. INVESTMENT PROPERTY - continued

Fair value at 31st October 2023 is represented by:
£   
Valuation in 7 450,000
Cost 383,067
833,067

Investment properties were revalued in 2016 by an independent valuation, on the basis of open market value for existing use. These properties have not been depreciated.

7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 2,150 2,150
Other debtors 897 6,972
3,047 9,122

Amounts falling due after more than one year:
Other debtors 157,858 -

Aggregate amounts 160,905 9,122

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,896 6,718
Trade creditors 165 511
Taxation and social security 18,293 25,888
Other creditors 57,975 181,396
83,329 214,513

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 361,007 360,926
Other creditors 33,591 43,669
394,598 404,595

9NBP Limited (Registered number: 04561165)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Mortgage 243,324 243,293
Loans 5,473 12,292
248,797 255,585

10. RESERVES
Non-Distributable
Reserve
£   
At 1st November 2022
and 31st October 2023 174,801