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REGISTERED NUMBER: 10431389 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 October 2023

for

NPH Homes Ltd

NPH Homes Ltd (Registered number: 10431389)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NPH Homes Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: R P Hodgkins
T J Nuttall





REGISTERED OFFICE: The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE





REGISTERED NUMBER: 10431389 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

NPH Homes Ltd (Registered number: 10431389)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,250 3,000
Investment property 5 155,000 120,000
157,250 123,000

CURRENT ASSETS
Stocks 148,957 261,750
Cash at bank 3,442 728
152,399 262,478
CREDITORS
Amounts falling due within one year 6 34,412 56,351
NET CURRENT ASSETS 117,987 206,127
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,237

329,127

CREDITORS
Amounts falling due after more than one year 7 91,521 193,521
NET ASSETS 183,716 135,606

CAPITAL AND RESERVES
Called up share capital 150 150
Revaluation reserve 9 85,042 50,042
Retained earnings 98,524 85,414
183,716 135,606

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NPH Homes Ltd (Registered number: 10431389)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:





R P Hodgkins - Director


NPH Homes Ltd (Registered number: 10431389)

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

1. STATUTORY INFORMATION

NPH Homes 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.

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 reducing balance

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 4,000
DEPRECIATION
At 1 November 2022 1,000
Charge for year 750
At 31 October 2023 1,750
NET BOOK VALUE
At 31 October 2023 2,250
At 31 October 2022 3,000

NPH Homes Ltd (Registered number: 10431389)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 120,000
Revaluations 35,000
At 31 October 2023 155,000
NET BOOK VALUE
At 31 October 2023 155,000
At 31 October 2022 120,000

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2018 12,042
Valuation in 2019 38,000
Valuation in 2023 35,000
Cost 69,958
155,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 29,411 36,347
Tax 3,720 19,224
Other creditors 1,281 780
34,412 56,351

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) 90,000 90,000
Other loans (see note 8) 1,521 103,521
91,521 193,521

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 90,000 90,000
Other loans more 5yrs instal 1,521 103,521
91,521 193,521

NPH Homes Ltd (Registered number: 10431389)

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

8. LOANS

Included within creditors is an interest only mortgage which security has been given.

9. RESERVES
Revaluation
reserve
£   
At 1 November 2022 50,042
Revaluation 35,000

At 31 October 2023 85,042

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
R P Hodgkins
Balance outstanding at start of year 56,436 9,983
Amounts advanced 28,074 83,450
Amounts repaid (83,750 ) (36,997 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 760 56,436

T J Nuttall
Balance outstanding at start of year 47,085 27,132
Amounts advanced 6,071 52,950
Amounts repaid (52,395 ) (32,997 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 761 47,085

The loan from the directors is given free of interest and is repayable on demand.