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REGISTERED NUMBER: SC708908 (Scotland)















Unaudited Financial Statements

for the Period 1 October 2023 to 31 March 2025

for

Nearly Nowhere Limited

Nearly Nowhere Limited (Registered number: SC708908)






Contents of the Financial Statements
for the Period 1 October 2023 to 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nearly Nowhere Limited

Company Information
for the Period 1 October 2023 to 31 March 2025







DIRECTORS: Mr P M Ross
Mr M J Ross





REGISTERED OFFICE: 2nd Floor Elder House
Multrees Walk
Edinburgh
United Kingdom
EH1 3DX





REGISTERED NUMBER: SC708908 (Scotland)





ACCOUNTANTS: SBP
Accountants
42 Queens Road
Aberdeen
AB15 4YE

Nearly Nowhere Limited (Registered number: SC708908)

Balance Sheet
31 March 2025

31.3.25 30.9.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 883,790 -

CURRENT ASSETS
Debtors 5 4,178 -
Cash at bank 1,203 2
5,381 2
CREDITORS
Amounts falling due within one year 6 892,028 -
NET CURRENT (LIABILITIES)/ASSETS (886,647 ) 2
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,857

)

2

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (2,859 ) -
(2,857 ) 2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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.

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 19 May 2025 and were signed on its behalf by:





Mr M J Ross - Director


Nearly Nowhere Limited (Registered number: SC708908)

Notes to the Financial Statements
for the Period 1 October 2023 to 31 March 2025

1. STATUTORY INFORMATION

Nearly Nowhere Limited is a private company, limited by shares , registered in Scotland. 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.

At 31 March 2025 the company's liabilities exceeded its total assets. The financial statements have been prepared on the going concern basis which assumes the company will continue to in operational existence for the foreseeable future. The validity of this assumption is based upon the continued support of the directors and shareholders.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - NIL ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 883,790
At 31 March 2025 883,790
NET BOOK VALUE
At 31 March 2025 883,790

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 30.9.23
£    £   
Other debtors 4,178 -

Nearly Nowhere Limited (Registered number: SC708908)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 30.9.23
£    £   
Other creditors 892,028 -

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 30 September 2023:

31.3.25 30.9.23
£    £   
Mr M J Ross
Balance outstanding at start of period - -
Amounts repaid (890,590 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (890,590 ) -

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M J Ross.