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REGISTERED NUMBER: 13398770 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 December 2024

for

Nestor Kendrick Properties Limited

Nestor Kendrick Properties Limited (Registered number: 13398770)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nestor Kendrick Properties Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: S J Kendrick
Mrs S J Kendrick





REGISTERED OFFICE: Unit 3 Central Trading Estate
Stallings Lane
Kingswinford
West Midlands
DY6 7LJ





REGISTERED NUMBER: 13398770 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Nestor Kendrick Properties Limited (Registered number: 13398770)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,000 1,000
Investment property 5 411,187 411,187
412,187 412,187

CURRENT ASSETS
Debtors 6 550 550
Cash at bank 1,351 1,475
1,901 2,025
CREDITORS
Amounts falling due within one year 7 140,255 132,418
NET CURRENT LIABILITIES (138,354 ) (130,393 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

273,833

281,794

CREDITORS
Amounts falling due after more than one year 8 272,957 279,886
NET ASSETS 876 1,908

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (124 ) 908
SHAREHOLDERS' FUNDS 876 1,908

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:



S J Kendrick - Director


Nestor Kendrick Properties Limited (Registered number: 13398770)

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

1. STATUTORY INFORMATION

Nestor Kendrick Properties 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 1,000
NET BOOK VALUE
At 31 December 2024 1,000
At 31 December 2023 1,000

Nestor Kendrick Properties Limited (Registered number: 13398770)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 411,187
NET BOOK VALUE
At 31 December 2024 411,187
At 31 December 2023 411,187

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 550 550

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,166 12,166
Amounts owed to group undertakings 117,000 87,000
Tax 1,338 236
Other creditors 8,251 31,516
Accrued expenses 1,500 1,500
140,255 132,418

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 12,166 12,166
Bank loans - 2-5 years 36,498 48,662
Bank loans more 5 yrs non-inst 224,293 219,058
272,957 279,886

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 224,293 219,058

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 285,123 292,052

10. RELATED PARTY DISCLOSURES

At the end of the year the amounts due to the directors amounted to £2,701 (2023: £966).

At 31 December 2024 £117,000 (2023 £87,000) was due to Splash Luxury Bathrooms Limited and £5,000 (2023 £30,000) was due to Newline Plumbing & Heating Supplies Limited. These are related companies.