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REGISTERED NUMBER: 11989422 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

NOMADA PROPERTIES LIMITED

NOMADA PROPERTIES LIMITED (REGISTERED NUMBER: 11989422)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NOMADA PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: N T Sewell
Mrs D Sewell





REGISTERED OFFICE: The Street Farmhouse
The Street
Great Hallingbury
Bishop's Stortford
Hertfordshire
CM22 7TR





REGISTERED NUMBER: 11989422 (England and Wales)





ACCOUNTANTS: Paul Dawson & Co Limited
The Old Courthouse
26A Church Street
Bishops Stortford
Hertfordshire
CM23 2LY

NOMADA PROPERTIES LIMITED (REGISTERED NUMBER: 11989422)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 929,074 929,074

CURRENT ASSETS
Debtors 5 3,052 4,708
Cash at bank 24,227 147,587
27,279 152,295
CREDITORS
Amounts falling due within one year 6 482,111 616,124
NET CURRENT LIABILITIES (454,832 ) (463,829 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

474,242

465,245

CREDITORS
Amounts falling due after more than one
year

7

469,475

469,475
NET ASSETS/(LIABILITIES) 4,767 (4,230 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,667 (4,330 )
SHAREHOLDERS' FUNDS 4,767 (4,230 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

NOMADA PROPERTIES LIMITED (REGISTERED NUMBER: 11989422)

BALANCE SHEET - continued
31 MAY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by:




N T Sewell - Director



Mrs D Sewell - Director


NOMADA PROPERTIES LIMITED (REGISTERED NUMBER: 11989422)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Nomada Properties 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 929,074
NET BOOK VALUE
At 31 May 2024 929,074
At 31 May 2023 929,074

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,261 -
Rent deposits - 2,800
Prepayments 1,791 1,908
3,052 4,708

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,200
Taxation and social security 1,295 200
Other creditors 480,816 614,724
482,111 616,124

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 469,475 469,475

NOMADA PROPERTIES LIMITED (REGISTERED NUMBER: 11989422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 469,475 469,475

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 469,475 469,475

The buy-to-let mortgages from Paragon Bank Plc are secured by way of legal charges against Flat 20, Jackson Wharf, Adderley Road, Bishops Stortford, Herts CM23 3AX and 69, London Road, Bishops Stortford, Herts CM23 5NA.