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REGISTERED NUMBER: 14897790 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 MAY 2023 TO 29 FEBRUARY 2024

FOR

NEISA INVESTMENTS 2 LTD

NEISA INVESTMENTS 2 LTD (REGISTERED NUMBER: 14897790)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 MAY 2023 TO 29 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


NEISA INVESTMENTS 2 LTD

COMPANY INFORMATION
FOR THE PERIOD 26 MAY 2023 TO 29 FEBRUARY 2024







DIRECTOR: R Nehru





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 14897790 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA

NEISA INVESTMENTS 2 LTD (REGISTERED NUMBER: 14897790)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

Notes £    £   
FIXED ASSETS
Investments 4 1,574,428

CURRENT ASSETS
Debtors 5 1,894,647
Cash at bank and in hand 225
1,894,872
CREDITORS
Amounts falling due within one year 6 3,471,420
NET CURRENT LIABILITIES (1,576,548 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,120

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (2,220 )
(2,120 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:





R Nehru - Director


NEISA INVESTMENTS 2 LTD (REGISTERED NUMBER: 14897790)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 MAY 2023 TO 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Neisa Investments 2 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis as the director is satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 1,574,428
At 29 February 2024 1,574,428
NET BOOK VALUE
At 29 February 2024 1,574,428

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 1,888,647
Amounts owed by participating interests 6,000
1,894,647

NEISA INVESTMENTS 2 LTD (REGISTERED NUMBER: 14897790)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 MAY 2023 TO 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 2,564,884
Trade creditors 51,682
Amounts owed to group undertakings 852,933
Other creditors 1,921
3,471,420

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 2,564,884

The loan is secured by way of floating charge over the undertakings of Neisa Investments 2 Ltd and fixed charges over the freehold and leasehold property held by entities within the group.

8. RELATED PARTY DISCLOSURES

Included within debtors, amounts falling due within one year, is an interest free amount of £541,312 due from HSDSJS01 Ltd, a company within the group.

Included within debtors, amounts falling due within one year, is an interest free amount of £1,347,335 due from HDS Property Ltd, a company within the group.

Included within debtors, amounts falling due within one year, is an interest free amount of £6,000 due from Ivaro Ltd, a company with mutual management.

Included within creditors, amounts falling due within one year, is an interest free amount of £772,113 due to Neisa Investments Ltd, a company within the group.

Included within creditors, amounts falling due within one year, is an interest free amount of £80,820 due to Neisa Investments 1 Ltd, a company within the group.