Company Registration No. 11368784 (England and Wales)
Nest Property Group Limited
Unaudited accounts
for the year ended 30 April 2024
Nest Property Group Limited
Unaudited accounts
Contents
Nest Property Group Limited
Company Information
for the year ended 30 April 2024
Director
Jonathan William Hayes
Company Number
11368784 (England and Wales)
Registered Office
First Floor
85 Great Portland Street
London
W1W 7LT
England
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Nest Property Group Limited
Accountants' report
Accountants' report to the director of Nest Property Group Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Nest Property Group Limited for the year ended
30 April 2024 as set out on pages
5 -
7 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 Nest Property Group 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 Nest Property Group 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 Nest Property Group Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Nest Property Group 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 profit of Nest Property Group Limited. You consider that Nest Property Group 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 Nest Property Group 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.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
29 August 2024
Nest Property Group Limited
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
7,066
4,568
Creditors: amounts falling due within one year
(14,572)
(14,167)
Net current assets/(liabilities)
1,011
(9,599)
Net assets/(liabilities)
1,012
(9,599)
Called up share capital
100
100
Profit and loss account
912
(9,699)
Shareholders' funds
1,012
(9,599)
For the year ending 30 April 2024 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 director acknowledges his 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 and authorised for issue on 1 September 2024 and were signed on its behalf by
Jonathan William Hayes
Director
Company Registration No. 11368784
Nest Property Group Limited
Notes to the Accounts
for the year ended 30 April 2024
Nest Property Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11368784. The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT, England.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investments
Subsidiary undertakings
Valuation at 30 April 2024
1
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,757
-
Loans from directors
1,760
13,114
Nest Property Group Limited
Notes to the Accounts
for the year ended 30 April 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).