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Company Registration No. 14699708 (England and Wales)
NRKC Investment Properties Ltd Unaudited accounts for the period from 2 March 2023 to 31 March 2024
NRKC Investment Properties Ltd Unaudited accounts Contents
Page
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NRKC Investment Properties Ltd Company Information for the period from 2 March 2023 to 31 March 2024
Director
Mrs Nikki Shokar
Company Number
14699708 (England and Wales)
Registered Office
43 Glen Way Leicester LE2 5YF UK
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NRKC Investment Properties Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Investment property
1,403,219 
Current assets
Cash at bank and in hand
8,534 
Creditors: amounts falling due within one year
(2,084)
Net current assets
6,450 
Total assets less current liabilities
1,409,669 
Creditors: amounts falling due after more than one year
(1,462,062)
Net liabilities
(52,393)
Capital and reserves
Called up share capital
100 
Profit and loss account
(52,493)
Shareholders' funds
(52,393)
For the period 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 November 2024 and were signed on its behalf by
Mrs Nikki Shokar Director Company Registration No. 14699708
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NRKC Investment Properties Ltd Notes to the Accounts for the period from 2 March 2023 to 31 March 2024
1
Statutory information
NRKC Investment Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14699708. The registered office is 43 Glen Way, Leicester, LE2 5YF, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value and the valuation was made by the directors based on an open market value for existing use basis.
4
Investment property
2024 
£ 
Additions
1,403,219 
At 31 March 2024
1,403,219 
Investment properties are included in the Balance Sheet at their open market value in accordance with FRS102 and are not depreciated. This treatment is contrary to the Companies Act 2006 which states fixed assets should be depreciated but is, in the opinion of the director, necessary in order to give a true and fair view of the financial position of the company.
5
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
284 
Accruals
1,800 
2,084 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
639,067 
Other creditors
822,995 
1,462,062 
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NRKC Investment Properties Ltd Notes to the Accounts for the period from 2 March 2023 to 31 March 2024
7
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
8
Transactions with related parties
At the yearend the company owed £284 to Mrs N Shokar, the director of the company. The company also owes £822,995 to Shokar Holding Ltd. The loan is interest free and repayable on demand.
9
Average number of employees
During the period the average number of employees was 0.
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