Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falsetrueNo description of principal activity33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14229892 2023-07-01 2024-06-30 14229892 2022-07-12 2023-06-30 14229892 2024-06-30 14229892 2023-06-30 14229892 c:Director1 2023-07-01 2024-06-30 14229892 d:CurrentFinancialInstruments 2024-06-30 14229892 d:CurrentFinancialInstruments 2023-06-30 14229892 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14229892 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 14229892 d:ShareCapital 2024-06-30 14229892 d:ShareCapital 2023-06-30 14229892 d:RetainedEarningsAccumulatedLosses 2024-06-30 14229892 d:RetainedEarningsAccumulatedLosses 2023-06-30 14229892 c:OrdinaryShareClass1 2023-07-01 2024-06-30 14229892 c:OrdinaryShareClass1 2024-06-30 14229892 c:OrdinaryShareClass1 2023-06-30 14229892 c:FRS102 2023-07-01 2024-06-30 14229892 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14229892 c:FullAccounts 2023-07-01 2024-06-30 14229892 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14229892 6 2023-07-01 2024-06-30 14229892 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14229892









NMD HOUSING LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
NMD HOUSING LIMITED
REGISTERED NUMBER: 14229892

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
449,328
449,328

  
449,328
449,328

Current assets
  

Debtors: amounts falling due within one year
 5 
457
386

Cash at bank and in hand
 6 
1,604
2,584

  
2,061
2,970

Creditors: amounts falling due within one year
 7 
(434,274)
(447,023)

Net current liabilities
  
 
 
(432,213)
 
 
(444,053)

Total assets less current liabilities
  
17,115
5,275

  

Net assets
  
17,115
5,275


Capital and reserves
  

Called up share capital 
 8 
300
300

Profit and loss account
  
16,815
4,975

  
17,115
5,275


Page 1

 
NMD HOUSING LIMITED
REGISTERED NUMBER: 14229892

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The directors consider 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 directors acknowledge their 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 profit and loss account 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 on 9 March 2025.




Mr D P Fassihi
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
NMD HOUSING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

NMD Housing Limited is a private company limited by shares, incorporated in England and Wales on 12 July 2022, with a company registration number of 14229892. The address of the registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Norwich, Norfolk, NR7 0HR.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

Despite the company recording net current liabilities of £432,213 (2023 £444,053) the financial statements have been prepared on the going concern basis, which assumes the continued support of the company's bankers, an associated company and its director in the foreseeable furture. The director considers that the resources available to the company will be sufficient for it to be able to continue as a going concern, and has considered a period of at least twelve months from the balance sheet date. The financial statements do not contain any adjustments that would be required if the company were not able to continue as a going concern.

 
2.3

Revenue

Turnover comprises Revenue recognised by the company in respect of rental income during the year. Revenue is measured as the fair value of the consideration received or receivable.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Valuation of investments

Investments are measured at cost less accumulated impairment.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

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.

Page 3

 
NMD HOUSING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 4

 
NMD HOUSING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Fixed asset investments





Investment property

£



Cost or valuation


At 1 July 2023
449,328



At 30 June 2024
449,328




The 2024 valuations were made by D Fassihi, the director, on an open market value for existing use basis. The original cost of the investment property was £449,328.


5.


Debtors

2024
2023
£
£


Prepayments
457
386



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,604
2,584



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to associated company
428,712
443,585

Corporation tax
2,777
1,285

Other creditors
740
220

Accruals
2,045
1,933

434,274
447,023


The amount owed of £428,712 (2023 £443,585) to a company with common shareholders has no formal terms of repayment and no agreed rate of interest.

Page 5

 
NMD HOUSING LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



300 (2023 - 300) Ordinary shares of £1.00 each
300
300



Page 6