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REGISTERED NUMBER: 12825320 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

NJK PROPERTY INVESTMENTS LIMITED

NJK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 12825320)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NJK PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: N A Kumar
Mrs J A Kumar





REGISTERED OFFICE: 2 Bargate Close
New Malden
KT3 6BQ





REGISTERED NUMBER: 12825320 (England and Wales)





ACCOUNTANTS: Ashcrofts Accountants Limited
2 Cedargrove
Hagley
Stourbridge
West Midlands
DY9 0DR

NJK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 12825320)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 50,000 50,000
Investment property 5 507,000 507,000
557,000 557,000

CURRENT ASSETS
Debtors 6 41,001 4,009
Cash at bank 3,387 9,781
44,388 13,790
CREDITORS
Amounts falling due within one year 7 (307,575 ) (266,663 )
NET CURRENT LIABILITIES (263,187 ) (252,873 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

293,813

304,127

CREDITORS
Amounts falling due after more than one
year

8

(341,837

)

(341,837

)
NET LIABILITIES (48,024 ) (37,710 )

CAPITAL AND RESERVES
Called up share capital 12 1,000 1,000
Retained earnings 13 (49,024 ) (38,710 )
SHAREHOLDERS' FUNDS (48,024 ) (37,710 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

NJK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 12825320)

BALANCE SHEET - continued
31 DECEMBER 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 21 September 2024 and were signed on its behalf by:




N A Kumar - Director



Mrs J A Kumar - Director


NJK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 12825320)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

NJK Property Investments 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 50,000
NET BOOK VALUE
At 31 December 2023 50,000
At 31 December 2022 50,000

NJK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 12825320)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 507,000
NET BOOK VALUE
At 31 December 2023 507,000
At 31 December 2022 507,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 35,000 -
Deferred tax asset 6,001 4,009
41,001 4,009

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 37,982 37,982
Other creditors 35,000 -
Directors' loan accounts 233,457 227,545
Accruals and deferred income 1,136 1,136
307,575 266,663

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 9) 341,837 341,837

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 37,982 37,982

Amounts falling due between one and two years:
Bank loans - 1-2 years 37,982 37,982

Amounts falling due between two and five years:
Bank loans - 2-5 years 303,855 303,855

NJK PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 12825320)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 379,819 379,819

11. DEFERRED TAX
£   
Balance at 1 January 2023 (4,009 )
Credit to Income Statement during year (1,992 )
Balance at 31 December 2023 (6,001 )

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary 1 1,000 1,000

13. RESERVES
Retained
earnings
£   

At 1 January 2023 (38,710 )
Deficit for the year (10,314 )
At 31 December 2023 (49,024 )

14. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 December 2023 there was a loan from the directors of £233,457 (2022 - £227,545). This unsecured loan is interest free and repayable on demand.