Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09701859 Mr Vijay Patel Mr Harendra Patel Mrs Nina Patel Mr Harendra Patel false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09701859 2023-03-31 09701859 2024-03-31 09701859 2023-04-01 2024-03-31 09701859 frs-core:CurrentFinancialInstruments 2024-03-31 09701859 frs-core:Non-currentFinancialInstruments 2024-03-31 09701859 frs-core:ShareCapital 2024-03-31 09701859 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09701859 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09701859 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09701859 frs-bus:SmallEntities 2023-04-01 2024-03-31 09701859 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09701859 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09701859 1 2023-04-01 2024-03-31 09701859 frs-core:UnlistedNon-exchangeTraded 2024-03-31 09701859 frs-core:UnlistedNon-exchangeTraded 2023-03-31 09701859 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 09701859 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 09701859 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 09701859 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 09701859 frs-bus:Director1 2023-04-01 2024-03-31 09701859 frs-bus:Director2 2023-04-01 2024-03-31 09701859 frs-bus:Director3 2023-04-01 2024-03-31 09701859 frs-countries:EnglandWales 2023-04-01 2024-03-31 09701859 2022-03-31 09701859 2023-03-31 09701859 2022-04-01 2023-03-31 09701859 frs-core:CurrentFinancialInstruments 2023-03-31 09701859 frs-core:Non-currentFinancialInstruments 2023-03-31 09701859 frs-core:ShareCapital 2023-03-31 09701859 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09701859
N H V Properties (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of N H V Properties (Holdings) Limited For The Year Ended 31 March 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of N H V Properties (Holdings) Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of N H V Properties (Holdings) Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of N H V Properties (Holdings) Limited and state those matters that we have agreed to state to the directors of N H V Properties (Holdings) Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than N H V Properties (Holdings) Limited and its directors as a body for our work or for this report.
It is your duty to ensure that N H V Properties (Holdings) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of N H V Properties (Holdings) Limited . You consider that N H V Properties (Holdings) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of N H V Properties (Holdings) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
29 October 2024
Synergy Accountancy Services LLP
Chartered Certified Accountants
378 Walsall Road
Perry Barr
Birmingham
B42 2LX
Page 1
Page 2
Balance Sheet
Registered number: 09701859
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,643,605 2,643,605
Investments 5 1 1
2,643,606 2,643,606
CURRENT ASSETS
Cash at bank and in hand 34,235 34,637
34,235 34,637
Creditors: Amounts Falling Due Within One Year 6 (596,092 ) (597,116 )
NET CURRENT ASSETS (LIABILITIES) (561,857 ) (562,479 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,081,749 2,081,127
Creditors: Amounts Falling Due After More Than One Year 7 (1,142,268 ) (1,146,991 )
NET ASSETS 939,481 934,136
CAPITAL AND RESERVES
Called up share capital 9 300 300
Profit and Loss Account 939,181 933,836
SHAREHOLDERS' FUNDS 939,481 934,136
Page 2
Page 3
For the year ending 31 March 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 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 Harendra Patel
Director
29 October 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
N H V Properties (Holdings) Limited Registered number 09701859 is a limited by shares company incorporated in England & Wales. The Registered Office is 378 Walsall Road, Perry Barr, Birmingham, West Midlands, B42 2LX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about it's group.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Investment Properties
All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 3 3
3 3
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 2,643,605
5. Investments
Unlisted
£
Cost
As at 1 April 2023 1
As at 31 March 2024 1
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1
As at 1 April 2023 1
On 31 October 2020 the company acquired 1 Ordinary share of £1 each at nominal value in N V Properties Limited. This represented a 100% holding of the issued share capital in N V Properties Limited.
N V Properties Limited is incorporated in England and Wales and are involved in the buying and selling of own real estate.
The aggregate value of the share capital and reserves at 31 March 2024 and of the profit or loss for the period ended on that date for N V Properties Limited was as follows:
Share capital and reserves £1, Profit £nil.
The aggregate value of the share capital and reserves at 31 March 2023 and of the profit or loss for the period ended on that date for N V Properties Limited was as follows:
Share capital and reserves £1, Profit £nil.
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Page 6
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,268 8,344
Corporation tax 1,288 3,453
Other creditors 8,933 -
Accruals and deferred income 311 313
Directors' loan accounts 578,291 585,005
Amounts owed to subsidiaries 1 1
596,092 597,116
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,142,268 1,146,991
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 1,149,536 1,155,335
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
10. Controlling Party
The company's controlling party is Mr Harendra Patel by virtue of his ownership of 50% of the issued share capital in the company.
Page 6