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REGISTERED NUMBER: 12410528 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

NCHL INVESTMENTS LIMITED

NCHL INVESTMENTS LIMITED (Registered number: 12410528)






Contents of the Financial Statements
for the Year Ended 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NCHL INVESTMENTS LIMITED

Company Information
for the Year Ended 31 JANUARY 2024







DIRECTOR: S A Hussain





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 12410528 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

NCHL INVESTMENTS LIMITED (Registered number: 12410528)

Balance Sheet
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 99 20,099
Investment property 5 166,746 166,746
166,845 186,845

CURRENT ASSETS
Debtors 6 2,800 -
Investments 7 89,598 238,415
Cash at bank 1,523 3,906
93,921 242,321
CREDITORS
Amounts falling due within one year 8 192,600 370,992
NET CURRENT LIABILITIES (98,679 ) (128,671 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,166

58,174

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 68,066 58,074
SHAREHOLDERS' FUNDS 68,166 58,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NCHL INVESTMENTS LIMITED (Registered number: 12410528)

Balance Sheet - continued
31 JANUARY 2024


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 director and authorised for issue on 19 October 2024 and were signed by:





S A Hussain - Director


NCHL INVESTMENTS LIMITED (Registered number: 12410528)

Notes to the Financial Statements
for the Year Ended 31 JANUARY 2024

1. STATUTORY INFORMATION

NCHL 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 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS

31.1.24 31.1.23
£    £   
Participating interests 99 99
Other loans - 20,000
99 20,099

NCHL INVESTMENTS LIMITED (Registered number: 12410528)

Notes to the Financial Statements - continued
for the Year Ended 31 JANUARY 2024

4. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Interest
in other
participating
interests
£   
COST
At 1 February 2023
and 31 January 2024 99
NET BOOK VALUE
At 31 January 2024 99
At 31 January 2023 99
Other
loans
£   
At 1 February 2023 20,000
Repayment in year (20,000 )
At 31 January 2024 -

The company owns 99 C Ordinary shares in Norfolk Care Homes Limited.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 166,746
NET BOOK VALUE
At 31 January 2024 166,746
At 31 January 2023 166,746

The director valued the investment property on 31 January 2024 and there was no significant difference to the cost.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 2,800 -

7. CURRENT ASSET INVESTMENTS
31.1.24 31.1.23
£    £   
Other 89,598 238,415

NCHL INVESTMENTS LIMITED (Registered number: 12410528)

Notes to the Financial Statements - continued
for the Year Ended 31 JANUARY 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other loans 192,000 367,000
Accrued expenses 600 3,992
192,600 370,992

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

Transactions

Norfolk Care Homes Limited

During the year the company repaid loans totalling £115,000 to Norfolk Care Homes Limited, a company in which NCHL Investments Limited is a shareholder. At the year end there was a loan balance outstanding of £52,000 (2023: £167,000).

Three Willows Care Limited

During the year the company repaid loans totalling £60,000 to Three Willows Care Home Limited, a related company by virtue of common ownership and control. At the year end there was a loan balance outstanding of £140,000 (2023: £200,000).

11. ULTIMATE CONTROLLING PARTY

The controlling party is S A Hussain.