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Company Registration No. 09723447 (England and Wales)
N D Spencer Investments Limited Unaudited accounts for the year ended 31 August 2024
N D Spencer Investments Limited Unaudited accounts Contents
Page
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N D Spencer Investments Limited Company Information for the year ended 31 August 2024
Directors
N Spencer S Spencer J Spencer H Spencer D Spencer
Company Number
09723447 (England and Wales)
Registered Office
29 Hall Farm Road Duffield Belper Derbyshire DE56 4FS
Accountants
Walker Accountancy Limited 2 Marina Drive Spondon Derby DE21 7AF
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N D Spencer Investments Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
40 
260 
Investment property
498,950 
498,950 
498,990 
499,210 
Current assets
Cash at bank and in hand
43,879 
36,697 
Creditors: amounts falling due within one year
(27,751)
(12,846)
Net current assets
16,128 
23,851 
Total assets less current liabilities
515,118 
523,061 
Provisions for liabilities
Deferred tax
(9,718)
(11,129)
Net assets
505,400 
511,932 
Capital and reserves
Called up share capital
380 
380 
Share premium
378,621 
378,621 
Revaluation reserve
112,459 
112,459 
Profit and loss account
13,940 
20,472 
Shareholders' funds
505,400 
511,932 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by
N Spencer Director Company Registration No. 09723447
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N D Spencer Investments Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
N D Spencer Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 09723447. The registered office is 29 Hall Farm Road, Duffield, Belper, Derbyshire, DE56 4FS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 15% on cost
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 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.
Presentation currency
The accounts are presented in £ sterling.
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N D Spencer Investments Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
2,969 
At 31 August 2024
2,969 
Depreciation
At 1 September 2023
2,709 
Charge for the year
220 
At 31 August 2024
2,929 
Net book value
At 31 August 2024
40 
At 31 August 2023
260 
5
Investment property
2024 
£ 
Fair value at 1 September 2023
498,950 
At 31 August 2024
498,950 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
179 
179 
Other creditors
6,240 
10,715 
Loans from directors
21,332 
1,952 
27,751 
12,846 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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