NONTERUS ESTATES LIMITED

Company Registration Number:
01103399 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

NONTERUS ESTATES LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NONTERUS ESTATES LIMITED

Company Information

for the Period Ended 30 November 2024




Director: GC Stead
PJC Canney
Registered office: Knoll House
8 Saxon Heights
Aldington
Ashford
Kent
England
TN25 7GT
Company Registration Number: 01103399 (England and Wales)

NONTERUS ESTATES LIMITED

Directors' Report Period Ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal Activities

Land dealing and Property investment

Political and charitable donations

None

Company policy on the employment of disabled persons

None

Directors

The directors shown below have held office during the whole of the period from 01 December 2023 to 30 November 2024
GC Stead
PJC Canney

This report was approved by the board of directors on 24 January 2025
And Signed On Behalf Of The Board By:

Name: GC Stead
Status: Director

Name: PJC Canney
Status: Director

NONTERUS ESTATES LIMITED

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 35,000 44,703
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 7,574 ) ( 10,326 )
Operating Profit or (Loss) 27,426 34,377
Interest Receivable and Similar Income 16,450 5,539
Interest Payable and Similar Charges ( 27 ) ( 23 )
Profit or (Loss) Before Tax 43,849 39,893
Tax on Profit ( 8,330 ) ( 7,642 )
Profit or (Loss) for Period 35,519 32,251

The notes form part of these financial statements

NONTERUS ESTATES LIMITED

Balance sheet

As at 30 November 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,390,000 1,300,000
Total fixed assets: 1,390,000 1,300,000
Current assets
Stocks: 0 0
Debtors: 14,803 69
Cash at bank and in hand: 20,684 28,428
Total current assets: 35,487 28,497
Creditors: amounts falling due within one year: ( 17,656 ) ( 13,185 )
Net current assets (liabilities): 17,831 15,312
Total assets less current liabilities: 1,407,831 1,315,312
Total net assets (liabilities): 1,407,831 1,315,312

The notes form part of these financial statements

NONTERUS ESTATES LIMITED

Balance sheet continued

As at 30 November 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 10,100 10,100
Revaluation reserve: 5 1,177,679 1,087,679
Profit and loss account: 220,052 217,533
Shareholders funds: 1,407,831 1,315,312

For the year ending 30 November 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 January 2025
And Signed On Behalf Of The Board By:

Name: GC Stead
Status: Director

Name: PJC Canney
Status: Director

The notes form part of these financial statements

NONTERUS ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the amounts invoiced by the company in respect of rent receivable. The turnover and pre-tax profit is largely attributable to the principal activity of the company

    Tangible fixed assets depreciation policy

    Schedule 4(32)of The Companies Act 1985 requires depreciation to be provided on any fixed assets (including Freehold Property) having a limited useful economic life (in accordance with the provision of Statement of Standard Accounting Practice12).For the over-riding purpose of giving a true and fair view the Company's properties have not been depreciated but have been revalued in accordance with Statement of Standard Accounting Practice 19

NONTERUS ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

NONTERUS ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

NONTERUS ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible Assets

Total
Cost £
At 01 December 2023 1,300,000
Additions -
Disposals -
Revaluations 90,000
Transfers -
At 30 November 2024 1,390,000
Depreciation
At 01 December 2023 -
Charge for year -
On disposals -
Other adjustments -
At 30 November 2024 -
Net book value
At 30 November 2024 1,390,000
At 30 November 2023 1,300,000

Schedule4(32)of the Companies Act 1985 requires depreciation to be provided on any fixed assets having a limited useful economic life (in accordance with the provision of Statement of Standard Accountancy Practice 12). For the over-riding purpose of giving a true and fair view the Company'sproperties have not been depreciated but have been revalued in accordance with Statement of Standard Accounting Practice 19

NONTERUS ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Revaluation reserve


2024
£
Balance at 01 December 2023 1,087,679
Surplus or deficit after revaluation 90,000
Balance at 30 November 2024 1,177,679

The properties were revalued at the end of the financial year