NC Properties (Cheshire) Limited 15003303 false 2023-07-14 2024-07-31 2024-07-31 The principal activity of the company is letting and operating of own or leased real estate. Digita Accounts Production Advanced 6.30.9574.0 true 15003303 2023-07-14 2024-07-31 15003303 2024-07-31 15003303 core:RetainedEarningsAccumulatedLosses 2024-07-31 15003303 core:ShareCapital 2024-07-31 15003303 core:CurrentFinancialInstruments 2024-07-31 15003303 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 15003303 core:Non-currentFinancialInstruments 2024-07-31 15003303 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 15003303 bus:SmallEntities 2023-07-14 2024-07-31 15003303 bus:AuditExemptWithAccountantsReport 2023-07-14 2024-07-31 15003303 bus:FilletedAccounts 2023-07-14 2024-07-31 15003303 bus:SmallCompaniesRegimeForAccounts 2023-07-14 2024-07-31 15003303 bus:RegisteredOffice 2023-07-14 2024-07-31 15003303 bus:Director1 2023-07-14 2024-07-31 15003303 bus:Director2 2023-07-14 2024-07-31 15003303 bus:PrivateLimitedCompanyLtd 2023-07-14 2024-07-31 15003303 countries:EnglandWales 2023-07-14 2024-07-31 iso4217:GBP xbrli:pure

Registration number: 15003303

NC Properties (Cheshire) Limited

Unaudited Financial Statements

for the Period from 14 July 2023 to 31 July 2024

 

NC Properties (Cheshire) Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

NC Properties (Cheshire) Limited

(Registration number: 15003303)
Balance Sheet as at 31 July 2024

Note

2024
£

Fixed assets

 

Investment property

4

85,021

Current assets

 

Debtors

5

100

Cash at bank and in hand

 

106

 

206

Creditors: Amounts falling due within one year

6

(27,911)

Net current liabilities

 

(27,705)

Total assets less current liabilities

 

57,316

Creditors: Amounts falling due after more than one year

6

(57,177)

Net assets

 

139

Capital and reserves

 

Called up share capital

100

Retained earnings

39

Shareholders' funds

 

139

For the financial period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 April 2025 and signed on its behalf by:
 

 

NC Properties (Cheshire) Limited

(Registration number: 15003303)
Balance Sheet as at 31 July 2024

.........................................
Mr C Jordan
Director

.........................................
Miss N Hemmings
Director

 

NC Properties (Cheshire) Limited

Notes to the Unaudited Financial Statements for the Period from 14 July 2023 to 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises of current tax.

 

NC Properties (Cheshire) Limited

Notes to the Unaudited Financial Statements for the Period from 14 July 2023 to 31 July 2024

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

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Investment properties

2024
£

Additions

85,021

At 31 July

85,021

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current

Note

2024
£

Amounts owed by related parties

100

   

100

 

NC Properties (Cheshire) Limited

Notes to the Unaudited Financial Statements for the Period from 14 July 2023 to 31 July 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Loans and borrowings

7

14,186

Taxation and social security

 

9

Accruals and deferred income

 

2,205

Other creditors

 

11,511

 

27,911

Creditors: amounts falling due after more than one year

Note

2024
£

Due after one year

 

Loans and borrowings

7

57,177

Other borrowings

7

Loans and borrowings

Non-current loans and borrowings

2024
£

Other borrowings

57,177

Current loans and borrowings

2024
£

Other borrowings

14,186