Company Registration No. 13722731 (England and Wales)
NKAZ PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 November 2023
NKAZ PROPERTIES LIMITED
Unaudited accounts
Contents
NKAZ PROPERTIES LIMITED
Company Information
for the year ended 30 November 2023
Directors
Mrs N. Kimit
Mr J. Zumaya Olvera
Company Number
13722731 (England and Wales)
Registered Office
Use.Space
Paddock Street
Ardwick
M12 6PN
Accountants
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
NKAZ PROPERTIES LIMITED
Accountants' report
Accountants' report to the board of directors of NKAZ PROPERTIES LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
NKAZ PROPERTIES LIMITED for the year ended
30 November 2023 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of NKAZ PROPERTIES LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of NKAZ PROPERTIES LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NKAZ PROPERTIES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that NKAZ PROPERTIES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of NKAZ PROPERTIES LIMITED. You consider that NKAZ PROPERTIES LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of NKAZ PROPERTIES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
15 August 2024
NKAZ PROPERTIES LIMITED
Statement of financial position
as at 30 November 2023
Investment property
330,000
357,934
Cash at bank and in hand
3,446
13,050
Creditors: amounts falling due within one year
(2,261)
(2,771)
Net current assets
3,141
11,952
Total assets less current liabilities
333,141
369,886
Creditors: amounts falling due after more than one year
(359,514)
(367,118)
Net (liabilities)/assets
(26,373)
2,768
Called up share capital
100
100
Profit and loss account
(26,473)
2,668
Shareholders' funds
(26,373)
2,768
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by
Mrs N. Kimit
Director
Company Registration No. 13722731
NKAZ PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
NKAZ PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13722731. The registered office is Use.Space, Paddock Street, Ardwick, M12 6PN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 December 2022
357,934
Net loss from fair value adjustments
(27,934)
At 30 November 2023
330,000
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
588
1,098
Other creditors
1,673
1,673
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
359,514
367,118
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).