2022-12-01 11087289 2023-11-27 11087289 2022-12-01 2023-11-27 11087289 2022-11-30 11087289 2021-12-01 2022-11-30 11087289 uk-core:WithinOneYear 2022-11-30 11087289 uk-core:WithinOneYear 2023-11-27 11087289 uk-core:ShareCapital 2023-11-27 11087289 uk-core:ShareCapital 2022-11-30 11087289 uk-core:RetainedEarningsAccumulatedLosses 2023-11-27 11087289 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 11087289 uk-bus:Director1 2022-12-01 2023-11-27 11087289 uk-core:ComputerEquipment 2022-12-01 2023-11-27 11087289 uk-core:MotorCars 2022-12-01 2023-11-27 11087289 uk-core:ComputerEquipment 2022-11-30 11087289 uk-core:MotorCars 2022-11-30 11087289 uk-core:MotorCars 2023-11-27 11087289 uk-core:ComputerEquipment 2023-11-27 iso4217:GBP xbrli:pure 11087289 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-27 11087289 uk-bus:FRS102 2022-12-01 2023-11-27 11087289 uk-bus:FilletedAccounts 2022-12-01 2023-11-27 11087289 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-27
NEDERN ESTATES LTD
Registered Number:11087289
For the period ended 27 November 2023
England and Wales
Unaudited Financial Statements
2
For the period ended 27 November 2023
NEDERN ESTATES LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
11087289
As at 27 November 2023
NEDERN ESTATES LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
11,505
595
2
3
288,000
288,000
Investment property
299,505
288,595
Current assets
197
Cash and cash equivalents
4,567
4,567
197
Trade and other payables: amounts falling due within one
year
(2,643)
(8,983)
4
(2,446)
(4,416)
Net current liabilities
Total assets less current liabilities
295,089
286,149
(54,272)
(54,833)
Provisions for liabilities
240,817
Net assets
231,316
Capital and reserves
Called up share capital
2
2
Retained earnings
240,815
231,314
240,817
231,316
Shareholders' funds
For the period ended 27 November 2023 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 of its financial statements for the period ended 27 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Michelle BEVERLEY-JONES Director
These financial statements were approved and authorised for issue by the Board on 30 November 2024 and were signed by:
The notes form part of these financial statements
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4
For the period ended 27 November 2023
NEDERN ESTATES LTD
Notes to the Financial Statements
Statutory Information
NEDERN ESTATES LTD is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11087289.
Registered address:
Rectory Nurseries
21 Caldicot Road
Portskewett, Caldicot
Monmouthshire
NP26 5SL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% per annum on cost
Computer Equipment
25% per annum on cost
Motor Vehicles
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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.
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5
For the period ended 27 November 2023
NEDERN ESTATES LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 December 2022
2,171
2,171
-
14,750
-
14,750
Additions
At 27 November 2023
14,750
2,171
16,921
Provision for depreciation and impairment
At 01 December 2022
1,576
1,576
-
Charge for period
3,840
152
3,688
At 27 November 2023
5,416
1,728
3,688
At 27 November 2023
Net book value
11,062
443
11,505
At 30 November 2022
-
595
595
3. Investment property
Total
£
Fair value
At 01 December 2022
288,000
At 27 November 2023
288,000
Net book value
At 27 November 2023
288,000
At 30 November 2022
288,000
The valuations of investment properties were made on the 30th November 2022 by the director, on an open market basis. No depreciation is provided in respect of these properties. On an historical basis these would have been included at an original cost of £Nil.
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
(2)
-
Taxation and social security
2,044
6
Other creditors
6,941
2,637
8,983
2,643
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6
For the period ended 27 November 2023
NEDERN ESTATES LTD
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
4 of 4