Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31false11false2023-02-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.trueNo description of principal activity 13439230 2023-02-01 2024-01-31 13439230 2022-02-01 2023-01-31 13439230 2024-01-31 13439230 2023-01-31 13439230 c:Director1 2023-02-01 2024-01-31 13439230 d:FreeholdInvestmentProperty 2023-02-01 2024-01-31 13439230 d:FreeholdInvestmentProperty 2024-01-31 13439230 d:CurrentFinancialInstruments 2024-01-31 13439230 d:CurrentFinancialInstruments 2023-01-31 13439230 d:Non-currentFinancialInstruments 2024-01-31 13439230 d:Non-currentFinancialInstruments 2023-01-31 13439230 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13439230 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13439230 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 13439230 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 13439230 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 13439230 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-01-31 13439230 d:ShareCapital 2024-01-31 13439230 d:ShareCapital 2023-01-31 13439230 d:RetainedEarningsAccumulatedLosses 2024-01-31 13439230 d:RetainedEarningsAccumulatedLosses 2023-01-31 13439230 c:FRS102 2023-02-01 2024-01-31 13439230 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13439230 c:FullAccounts 2023-02-01 2024-01-31 13439230 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13439230 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 13439230









NHG SPV11 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
NHG SPV11 LIMITED
REGISTERED NUMBER: 13439230

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
290,885
-

  
290,885
-

Current assets
  

Cash at bank and in hand
 5 
-
100

  
-
100

Creditors: amounts falling due within one year
 6 
(117,438)
-

Net current (liabilities)/assets
  
 
 
(117,438)
 
 
100

Total assets less current liabilities
  
173,447
100

Creditors: amounts falling due after more than one year
 7 
(180,000)
-

  

Net (liabilities)/assets
  
(6,553)
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(6,653)
-

  
(6,553)
100


Page 1

 
NHG SPV11 LIMITED
REGISTERED NUMBER: 13439230
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S B Wasserman
Director

Date: 18 October 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
NHG SPV11 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

NHG SPV11 Limited is a private company limited by shares and incorporated in England and Wales (Registration number 13439230). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. 
The financial statements are presented in Sterling, which is the functional currency of the company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management has evaluated current and forecasted operational results and the solvency of the company. The director has obtained assurances from the shareholder to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
NHG SPV11 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
290,885



At 31 January 2024
290,885

The 2024 valuations were made by the director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
290,885
-

290,885
-


5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
-
100

-
100


Page 4

 
NHG SPV11 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
115,868
-

Other creditors
520
-

Accruals and deferred income
1,050
-

117,438
-



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
180,000
-

180,000
-



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£



Amounts falling due 2-5 years

Bank loans
180,000
-


180,000
-


180,000
-


 
Page 5