IRIS Accounts Production v25.1.3.33 09717950 director 31.8.23 30.8.24 30.8.24 0 0 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097179502023-08-30097179502024-08-30097179502023-08-312024-08-30097179502022-08-30097179502022-08-312023-08-30097179502023-08-3009717950ns15:EnglandWales2023-08-312024-08-3009717950ns14:PoundSterling2023-08-312024-08-3009717950ns10:Director12023-08-312024-08-3009717950ns10:PrivateLimitedCompanyLtd2023-08-312024-08-3009717950ns10:SmallEntities2023-08-312024-08-3009717950ns10:AuditExempt-NoAccountantsReport2023-08-312024-08-3009717950ns10:SmallCompaniesRegimeForDirectorsReport2023-08-312024-08-3009717950ns10:SmallCompaniesRegimeForAccounts2023-08-312024-08-3009717950ns10:FullAccounts2023-08-312024-08-3009717950ns10:OrdinaryShareClass12023-08-312024-08-3009717950ns10:RegisteredOffice2023-08-312024-08-3009717950ns5:CurrentFinancialInstruments2024-08-3009717950ns5:CurrentFinancialInstruments2023-08-3009717950ns5:Non-currentFinancialInstruments2024-08-3009717950ns5:Non-currentFinancialInstruments2023-08-3009717950ns5:ShareCapital2024-08-3009717950ns5:ShareCapital2023-08-3009717950ns5:RevaluationReserve2024-08-3009717950ns5:RevaluationReserve2023-08-3009717950ns5:RetainedEarningsAccumulatedLosses2024-08-3009717950ns5:RetainedEarningsAccumulatedLosses2023-08-300971795012023-08-312024-08-3009717950ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-08-312024-08-3009717950ns5:LandBuildings2023-08-3009717950ns5:LandBuildings2023-08-312024-08-3009717950ns5:LandBuildings2024-08-3009717950ns5:LandBuildings2023-08-3009717950ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3009717950ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3009717950ns5:Secured2024-08-3009717950ns5:Secured2023-08-3009717950ns10:OrdinaryShareClass12024-08-3009717950ns5:RevaluationReserve2023-08-30
REGISTERED NUMBER: 09717950 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 AUGUST 2024

FOR

N J ROBERTS PROPERTIES LTD

N J ROBERTS PROPERTIES LTD (REGISTERED NUMBER: 09717950)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N J ROBERTS PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 AUGUST 2024







DIRECTOR: N J Roberts





REGISTERED OFFICE: 68 Minard Road
Catford
London
SE6 1NL





REGISTERED NUMBER: 09717950 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

N J ROBERTS PROPERTIES LTD (REGISTERED NUMBER: 09717950)

BALANCE SHEET
30 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,358,068 2,725,318

CURRENT ASSETS
Debtors 5 164,000 461,314
Cash at bank 27,471 88,547
191,471 549,861
CREDITORS
Amounts falling due within one year 6 (376,351 ) (135,195 )
NET CURRENT (LIABILITIES)/ASSETS (184,880 ) 414,666
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,173,188

3,139,984

CREDITORS
Amounts falling due after more than one
year

7

(2,728,225

)

(2,692,681

)
NET ASSETS 444,963 447,303

CAPITAL AND RESERVES
Called up share capital 9 1 1
Revaluation reserve 10 416,294 416,294
Retained earnings 28,668 31,008
SHAREHOLDERS' FUNDS 444,963 447,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

N J ROBERTS PROPERTIES LTD (REGISTERED NUMBER: 09717950)

BALANCE SHEET - continued
30 AUGUST 2024


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 28 May 2025 and were signed by:





N J Roberts - Director


N J ROBERTS PROPERTIES LTD (REGISTERED NUMBER: 09717950)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024

1. STATUTORY INFORMATION

N J Roberts Properties 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.

Critical accounting judgements and estimation uncertainty
No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

N J ROBERTS PROPERTIES LTD (REGISTERED NUMBER: 09717950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2024

2. ACCOUNTING POLICIES - continued

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).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 31 August 2023 2,725,318
Additions 632,750
At 30 August 2024 3,358,068
NET BOOK VALUE
At 30 August 2024 3,358,068
At 30 August 2023 2,725,318

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,100 -
Other debtors 161,900 461,314
164,000 461,314

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,108 6,060
Taxation and social security 11,643 11,315
Other creditors 363,600 117,820
376,351 135,195

N J ROBERTS PROPERTIES LTD (REGISTERED NUMBER: 09717950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,728,225 2,692,681

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,728,225 2,692,681

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 2,728,225 2,692,681

Fixed charge over 67 Orchard Avenue, Croydon, Surrey, CR20 7NE dated 16 August 2019.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary shares £1 1 1

10. RESERVES
Revaluation
reserve
£   
At 31 August 2023
and 30 August 2024 416,294