Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-2922023-03-01falsetrueNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12484507 2023-03-01 2024-02-29 12484507 2022-03-01 2023-02-28 12484507 2024-02-29 12484507 2023-02-28 12484507 c:Director1 2023-03-01 2024-02-29 12484507 d:CurrentFinancialInstruments 2024-02-29 12484507 d:CurrentFinancialInstruments 2023-02-28 12484507 d:Non-currentFinancialInstruments 2024-02-29 12484507 d:Non-currentFinancialInstruments 2023-02-28 12484507 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 12484507 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 12484507 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 12484507 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 12484507 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-02-29 12484507 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-02-28 12484507 d:ShareCapital 2024-02-29 12484507 d:ShareCapital 2023-02-28 12484507 d:RetainedEarningsAccumulatedLosses 2024-02-29 12484507 d:RetainedEarningsAccumulatedLosses 2023-02-28 12484507 c:FRS102 2023-03-01 2024-02-29 12484507 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 12484507 c:FullAccounts 2023-03-01 2024-02-29 12484507 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 12484507









NHG CONSTRUCTION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
NHG CONSTRUCTION LIMITED
REGISTERED NUMBER: 12484507

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,246
8,671

Cash at bank and in hand
 5 
524
1,690

  
5,770
10,361

Creditors: amounts falling due within one year
 6 
(19,413)
(16,927)

Net current liabilities
  
 
 
(13,643)
 
 
(6,566)

Total assets less current liabilities
  
(13,643)
(6,566)

Creditors: amounts falling due after more than one year
 7 
(12,916)
(12,917)

  

Net liabilities
  
(26,559)
(19,483)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(26,560)
(19,484)

  
(26,559)
(19,483)


Page 1

 
NHG CONSTRUCTION LIMITED
REGISTERED NUMBER: 12484507
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S Wasserman
Director

Date: 27 November 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
NHG CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

NHG Construction Limited is a private company limited by shares and incorporated in England & Wales (registered number 12484507). Its registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the Company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the Company. Given that the Company is in a net deficit position the director has obtained assurances from its immediate and ultimate parent company to continue to provide adequate funds to meets its obligations, and not to demand repayment of any funds due to them, until the Company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
NHG CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

29 February
28 February
2024
2023
£
£


Amounts owed by group undertakings
3,242
8,194

Other debtors
2,004
477

5,246
8,671



5.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
524
1,690

524
1,690



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Bank loans
12,084
12,084

Other taxation and social security
-
76

Other creditors
520
-

Accruals and deferred income
6,809
4,767

19,413
16,927


Page 4

 
NHG CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

7.


Creditors: Amounts falling due after more than one year

29 February
28 February
2024
2023
£
£

Bank loans
12,916
12,917

12,916
12,917



8.


Loans


Analysis of the maturity of loans is given below:


29 February
28 February
2024
2023
£
£

Amounts falling due within one year

Bank loans
12,083
12,083


Amounts falling due 2-5 years

Bank loans
12,917
12,917


12,917
12,917


25,000
25,000


 
Page 5