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REGISTERED NUMBER: 09547731 (England and Wales)














Financial Statements

for the Year Ended 31 August 2024

for

NWR Property Limited

NWR Property Limited (Registered number: 09547731)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NWR Property Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: N A Whittaker





REGISTERED OFFICE: Oriel House
2 - 8 Oriel Road
Bootle
Merseyside
L20 7EP





REGISTERED NUMBER: 09547731 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

NWR Property Limited (Registered number: 09547731)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 740,255 635,636

CURRENT ASSETS
Debtors 5 6,888 -
Cash at bank and in hand 39,057 26,604
45,945 26,604
CREDITORS
Amounts falling due within one year 6 751,839 639,635
NET CURRENT LIABILITIES (705,894 ) (613,031 )
TOTAL ASSETS LESS CURRENT LIABILITIES 34,361 22,605

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 34,359 22,603
SHAREHOLDERS' FUNDS 34,361 22,605

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2025 and were signed by:





N A Whittaker - Director


NWR Property Limited (Registered number: 09547731)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

NWR Property 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 represents property rentals due from tenants for the year. Rental income is recognised on a receipts basis.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2023 - NIL).

NWR Property Limited (Registered number: 09547731)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 635,636
Additions 104,619
At 31 August 2024 740,255
NET BOOK VALUE
At 31 August 2024 740,255
At 31 August 2023 635,636

The property has not been revalued as the director does not consider the valuation at 31 August 2020 to be materially different to the cost of the property.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 6,888 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed to group undertakings 662,465 552,615
Taxation and social security 2,963 676
Other creditors 86,411 86,344
751,839 639,635

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
2 Ordinary £1 2 2

8. RELATED PARTY DISCLOSURES

At the year end £552,615.27 was owed to N W R Holdings Ltd by NWR Property Limited in which Neil Whittaker is the controlling party.