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REGISTERED NUMBER: 06607493 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th November 2023

for

NATIONWIDE LETTINGS LIMITED

NATIONWIDE LETTINGS LIMITED (REGISTERED NUMBER: 06607493)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NATIONWIDE LETTINGS LIMITED

Company Information
for the Year Ended 30th November 2023







DIRECTORS: Mr G C W Forshaw
Mr L R Stericker





REGISTERED OFFICE: 41 St Thomas's Road
Chorley
Lancashire
PR7 1JE





REGISTERED NUMBER: 06607493 (England and Wales)





ACCOUNTANTS: Abrams Ashton - Chorley Limited
Chartered Certified Accountants
41 St Thomas's Road
Chorley
Lancashire
PR7 1JE

NATIONWIDE LETTINGS LIMITED (REGISTERED NUMBER: 06607493)

Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 125,668 125,668

CURRENT ASSETS
Debtors 5 170,066 -
Cash at bank 2,996 -
173,062 -
CREDITORS
Amounts falling due within one year 6 122,702 47,732
NET CURRENT ASSETS/(LIABILITIES) 50,360 (47,732 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

176,028

77,936

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 176,026 77,934
SHAREHOLDERS' FUNDS 176,028 77,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

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 27th August 2024 and were signed on its behalf by:





Mr G C W Forshaw - Director


NATIONWIDE LETTINGS LIMITED (REGISTERED NUMBER: 06607493)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

Nationwide Lettings 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.

Preparation of consolidated financial statements
The financial statements contain information about Nationwide Lettings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries and associates
Investments in subsidiaries and associates are recognised at cost less provision for any impairment in value.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
At 1st December 2022
and 30th November 2023 125,630 38 125,668
NET BOOK VALUE
At 30th November 2023 125,630 38 125,668
At 30th November 2022 125,630 38 125,668

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Amounts owed by associates 170,066 -

NATIONWIDE LETTINGS LIMITED (REGISTERED NUMBER: 06607493)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors - 240
Amounts owed to group undertakings 8,746 9,346
Amounts owed to associates 81,765 35,640
Other creditors - 12
Directors' current accounts 31,351 1,894
Accrued expenses 840 600
122,702 47,732

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
2 Ordinary £1 2 2

8. RELATED PARTY DISCLOSURES

As at 30 November 2023, the company owed the directors £31,351 (2022: £1,894). The company owed £63,095 (2022: £25,083) to Nationwide Estate Agents (Lancaster) Ltd, an associated company. The company owed £18,670 (2022: £10,557) to Nationwide Estate Agents Limited, a company controlled by the directors. No interest has been charged on these loan and there is no formal repayment date.