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REGISTERED NUMBER: 12736392 (England and Wales)















New Hall Property Investments Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024






New Hall Property Investments Limited (Registered number: 12736392)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


New Hall Property Investments Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: R M Bailey
P D Wells





REGISTERED OFFICE: New Hall Farm
Pwllmeyric
Chepstow
NP16 6LF





REGISTERED NUMBER: 12736392 (England and Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

New Hall Property Investments Limited (Registered number: 12736392)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,500 -
Investment property 5 7,008,612 -
7,017,112 -

CURRENT ASSETS
Cash at bank and in hand 362,600 2

CREDITORS
Amounts falling due within one year 6 6,940,869 -
NET CURRENT (LIABILITIES)/ASSETS (6,578,269 ) 2
TOTAL ASSETS LESS CURRENT
LIABILITIES

438,843

2

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 438,841 -
438,843 2

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





P D Wells - Director


New Hall Property Investments Limited (Registered number: 12736392)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

New Hall Property Investments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 company meets its working capital requirements through the ongoing support of its directors. If this support is removed, it may not be appropriate for the financial statements to be prepared on a going concern basis and as such the company's assets and liabilities may have to be restated.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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 year was NIL (2023 - NIL).

New Hall Property Investments Limited (Registered number: 12736392)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 12,750
At 29 February 2024 12,750
DEPRECIATION
Charge for year 4,250
At 29 February 2024 4,250
NET BOOK VALUE
At 29 February 2024 8,500

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 7,008,612
At 29 February 2024 7,008,612
NET BOOK VALUE
At 29 February 2024 7,008,612

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 201,146 -
Other creditors 6,739,723 -
6,940,869 -

7. RELATED PARTY DISCLOSURES

During the year, the reporting entity received a loan from a company over which a director of the reporting entity exercises significant influence. The balanace outstanding as at the balance sheet date was £3,000 (2023: £nil).

As at the balance sheet date, the reporting entity owed £1,288,092 (2023: £nil) to a business entity in which a director of the reporting entity is a designated member.