Company Registration No. 14694151 (England and Wales)
Nkh Holdings Limited
Unaudited accounts
for the period from 28 February 2023 to 29 February 2024
Nkh Holdings Limited
Unaudited accounts
Contents
Nkh Holdings Limited
Company Information
for the period from 28 February 2023 to 29 February 2024
Directors
Kirk Hough
Natasha Hough
Company Number
14694151 (England and Wales)
Registered Office
4 Godolphin Road
Helston
Cornwall
TR13 8PY
England
Nkh Holdings Limited
Statement of financial position
as at 29 February 2024
Creditors: amounts falling due within one year
(700)
Net current liabilities
(680)
Total assets less current liabilities
502,038
Creditors: amounts falling due after more than one year
(516,861)
Called up share capital
100
Profit and loss account
(14,923)
Shareholders' funds
(14,823)
For the period ending 29 February 2024 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 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by
Kirk Hough
Director
Company Registration No. 14694151
Nkh Holdings Limited
Notes to the Accounts
for the period from 28 February 2023 to 29 February 2024
Nkh Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 14694151. The registered office is 4 Godolphin Road, Helston, Cornwall, TR13 8PY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Land is valued at cost of purchase
The creditors of the company, including those with loan debentures and directors, continue to support the company in its development process and will not call upon the loans to be repaid unless specifically stated in any signed agreement as shown at Companies House.
4
Tangible fixed assets
Land & buildings
At 29 February 2024
502,718
At 29 February 2024
502,718
Amounts falling due within one year
Nkh Holdings Limited
Notes to the Accounts
for the period from 28 February 2023 to 29 February 2024
6
Creditors: amounts falling due within one year
2024
7
Creditors: amounts falling due after more than one year
2024
Loans from directors
133,911
Of the balance due in more than 1 year, there is £125,000 held as a second charge against land that is registered in the company name. Details of the charge can be seen in full at Companies House.
Of the balance due in more than 1 year, there is £257,949 held as a debenture mortgage against land that is registered in the company name, Details of the charge can be seen in full at Companies House
8
Transactions with related parties
As at the balance sheet date, £133,911 was due to the directors of the company in loan balance.
9
Average number of employees
During the period the average number of employees was 2.