REGISTERED NUMBER: 11217100 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

N&N Property Investment Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs N Millward

REGISTERED OFFICE:

11 & 12 Edison Village Nottingham Scienc

Nottingham

NG7 2RF

REGISTERED NUMBER:

11217100 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

FIXED ASSETS

Tangible assets

4

140,000

140,000

CURRENT ASSETS

Debtors

5

10,107

10,538

Cash at bank

567

266

10,674

10,804

CREDITORS

Amounts falling due within one year

6

1,564

764

NET CURRENT ASSETS

9,110

10,040

TOTAL ASSETS LESS CURRENT LIABILITIES

149,110

150,040

CREDITORS

Amounts falling due after more than one year

7

(91,350

)

(91,350

)

PROVISIONS FOR LIABILITIES

(12,954

)

(12,954

)

NET ASSETS

44,806

45,736

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

8

38,863

38,863

Retained earnings

5,941

6,871

44,806

45,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 April 2025 and were signed by:

Mrs N Millward - Director

1.	STATUTORY INFORMATION

N&N Property Investment Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 March 2024

and 28 February 2025

140,000

NET BOOK VALUE

At 28 February 2025

140,000

At 29 February 2024

140,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

10,107

10,538

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

64

64

Other creditors

1,500

700

1,564

764

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

91,350

91,350

8.

RESERVES

Fair

value

reserve

£

At 1 March 2024

and 28 February 2025

38,863

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

Mrs N Millward

Balance outstanding at start of year

10,388

(8,803

)

Amounts advanced

-

19,191

Amounts repaid

(431

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,957

10,388