2023-02-01 13852861 2024-01-31 13852861 2023-02-01 2024-01-31 13852861 2023-01-31 13852861 2022-01-17 2023-01-31 13852861 uk-core:WithinOneYear 2023-01-31 13852861 uk-core:WithinOneYear 2024-01-31 13852861 uk-core:AfterOneYear 2023-01-31 13852861 uk-core:AfterOneYear 2024-01-31 13852861 uk-core:ShareCapital 2024-01-31 13852861 uk-core:ShareCapital 2023-01-31 13852861 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 13852861 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 13852861 uk-bus:Director1 2023-02-01 2024-01-31 13852861 uk-core:WithinOneYear uk-core:Secured 2024-01-31 13852861 uk-core:WithinOneYear uk-core:Secured 2023-01-31 13852861 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2024-01-31 13852861 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2023-01-31 13852861 uk-core:AfterOneYear 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure 13852861 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13852861 uk-bus:FRS102 2023-02-01 2024-01-31 13852861 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 13852861 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Nest Living London Ltd
Registered Number:13852861
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Nest Living London Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13852861
As at 31 January 2024
Nest Living London Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
2
357,104
357,104
Investment property
357,104
357,104
Current assets
Trade and other receivables
1
1
3
4,020
Cash and cash equivalents
4,073
4,074
4,021
Trade and other payables: amounts falling due within one
year
(126,959)
(125,728)
4
(122,938)
(121,654)
Net current liabilities
Total assets less current liabilities
235,450
234,166
Trade and other payables: amounts falling due after more
than one year
(244,367)
(237,596)
5
(2,146)
Net liabilities
(10,201)
Capital and reserves
Called up share capital
1
1
Retained earnings
(2,147)
(10,202)
(2,146)
(10,201)
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
N Perkins Director
These financial statements were approved and authorised for issue by the Board on 29 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
Nest Living London Ltd
Notes to the Financial Statements
Statutory Information
Nest Living London Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13852861.
Registered address:
16 Ermine Road
London
England
SE13 7JS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for property rental.
Investment property
Investment property which is held to earn rentals and/or for capital appreciation, is initially recognised at cost, whichincludes purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at thereporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
Going Concern
At 31 January 2024, the company had net current liabilities of £121,654 (2023: £122,938) and net liabilities of £2,146
(2023: £10,201. The director is of the opinion that the working capital available at 31 January 2024, which is
reviewed on a regular basis, will be sufficient to enable the company to continue operating for at least the 12 months
from the signing of these accounts, and pay its debts as they fall due. The director has therefore concluded that the
accounts should continue to be prepared on a going concern basis.
2. Investment property
Total
£
Fair value
At 01 February 2023
357,104
At 31 January 2024
357,104
Net book value
At 31 January 2024
357,104
At 31 January 2023
357,104
Investment property comprises of one property. The director is of the opinion that the fair value as at 31 January 2024 was £357,104, based on market value of existing use.
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5
For the year ended 31 January 2024
Nest Living London Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Other debtors
1
1
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
7,097
6,959
Other creditors
118,631
120,000
125,728
126,959
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
237,596
244,367
Analysis of creditors falling due after more than five years:
Payable by instalments
202,110
216,529
As at 31 January 2024, the company owed £118,000 (2023: £118,000) to a related company in which the director has joint control and significant influence over. The loan was provided on an interest free basis and is repayable on demand. The outstanding balance is included in Other Creditors in note 4 to the accounts.
6. Related party transactions
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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