Acorah Software Products - Accounts Production 15.0.600 false true false 9 November 2022 30 November 2023 30 November 2023 14472089 Mr Nicholas Barksby Ms Deborah Wharton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14472089 2022-11-08 14472089 2023-11-30 14472089 2022-11-09 2023-11-30 14472089 frs-core:CurrentFinancialInstruments 2023-11-30 14472089 frs-core:MotorVehicles 2023-11-30 14472089 frs-core:MotorVehicles 2022-11-09 2023-11-30 14472089 frs-core:MotorVehicles 2022-11-08 14472089 frs-core:PlantMachinery 2023-11-30 14472089 frs-core:PlantMachinery 2022-11-09 2023-11-30 14472089 frs-core:PlantMachinery 2022-11-08 14472089 frs-core:ShareCapital 2023-11-30 14472089 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 14472089 frs-bus:PrivateLimitedCompanyLtd 2022-11-09 2023-11-30 14472089 frs-bus:FilletedAccounts 2022-11-09 2023-11-30 14472089 frs-bus:SmallEntities 2022-11-09 2023-11-30 14472089 frs-bus:AuditExempt-NoAccountantsReport 2022-11-09 2023-11-30 14472089 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-09 2023-11-30 14472089 frs-bus:Director1 2022-11-09 2023-11-30 14472089 frs-bus:Director2 2022-11-09 2023-11-30 14472089 frs-countries:EnglandWales 2022-11-09 2023-11-30
Registered number: 14472089
Nbd Properties Ltd
Unaudited Financial Statements
For the Period 9 November 2022 to 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14472089
30 November 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 22,856
Investment Properties 5 140,000
162,856
CURRENT ASSETS
Debtors 6 1,078
Cash at bank and in hand 1,854
2,932
Creditors: Amounts Falling Due Within One Year 7 (130,731 )
NET CURRENT ASSETS (LIABILITIES) (127,799 )
TOTAL ASSETS LESS CURRENT LIABILITIES 35,057
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,013 )
NET ASSETS 27,044
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 26,944
SHAREHOLDERS' FUNDS 27,044
Page 1
Page 2
For the period ending 30 November 2023 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nicholas Barksby
Director
08/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Nbd Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14472089 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
2.4. Investment Properties
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
Changes in fair value are recognised in the profit and loss account.
2.5. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost or Valuation
As at 9 November 2022 - - -
Additions 475 30,000 30,475
As at 30 November 2023 475 30,000 30,475
Depreciation
As at 9 November 2022 - - -
Provided during the period 119 7,500 7,619
As at 30 November 2023 119 7,500 7,619
Net Book Value
As at 30 November 2023 356 22,500 22,856
As at 9 November 2022 - - -
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Page 4
5. Investment Property
30 November 2023
£
Fair Value
As at 9 November 2022 -
Additions 78,380
Revaluations 61,620
As at 30 November 2023 140,000
6. Debtors
30 November 2023
£
Due within one year
Prepayments and accrued income 978
Other debtors 100
1,078
7. Creditors: Amounts Falling Due Within One Year
30 November 2023
£
Other creditors 552
Accruals and deferred income 2,783
Directors' loan accounts 127,396
130,731
8. Share Capital
30 November 2023
£
Allotted, Called up and fully paid 100
Page 4