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REGISTERED NUMBER: 08755108 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

NADLAN LTD

NADLAN LTD (REGISTERED NUMBER: 08755108)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NADLAN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: C A Aksler
A C Sufrin





REGISTERED OFFICE: 74 Brent Street
London
NW4 2ES





REGISTERED NUMBER: 08755108 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

NADLAN LTD (REGISTERED NUMBER: 08755108)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 880,000 880,000
880,000 880,000

CURRENT ASSETS
Debtors 6 3,388 12,500
Cash at bank 42 2,625
3,430 15,125
CREDITORS
Amounts falling due within one year 7 (139,464 ) (150,494 )
NET CURRENT LIABILITIES (136,034 ) (135,369 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

743,966

744,631

CREDITORS
Amounts falling due after more than one
year

8

(621,610

)

(624,185

)

PROVISIONS FOR LIABILITIES (13,675 ) (13,675 )
NET ASSETS 108,681 106,771

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 134,417 134,417
Retained earnings 12 (25,836 ) (27,746 )
SHAREHOLDERS' FUNDS 108,681 106,771

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

NADLAN LTD (REGISTERED NUMBER: 08755108)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 17 July 2025 and were signed on its behalf by:





A C Sufrin - Director


NADLAN LTD (REGISTERED NUMBER: 08755108)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Nadlan 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2023
and 31 October 2024 2,400
DEPRECIATION
At 1 November 2023
and 31 October 2024 2,400
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

NADLAN LTD (REGISTERED NUMBER: 08755108)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 880,000
NET BOOK VALUE
At 31 October 2024 880,000
At 31 October 2023 880,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2023 148,092
Cost 731,908
880,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 3,388 2,500
Prepayments and accrued income - 10,000
3,388 12,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 3,926 7,758
Tax 7,772 7,772
Other creditors 41,002 48,730
Rent deposit 2,827 2,827
Directors' current accounts 83,217 81,197
Accrued expenses 720 2,210
139,464 150,494

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans (see note 9) 617,479 617,531
Other loans (see note 9) 4,131 6,654
621,610 624,185

NADLAN LTD (REGISTERED NUMBER: 08755108)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.10.24 31.10.23
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 617,479 617,531

Repayable by instalments
Other loans more 5yrs instal 4,131 6,654

9. LOANS

An analysis of the maturity of loans is given below:

31.10.24 31.10.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 617,479 617,531

Repayable by instalments
Other loans more 5yrs instal 4,131 6,654

10. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Bank loans 617,479 617,531
Other loans 4,131 6,654
621,610 624,185

1.Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

2. Under the bank loan, £4,131 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary £1 100 100

NADLAN LTD (REGISTERED NUMBER: 08755108)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 November 2023 (27,746 ) 134,417 106,671
Profit for the year 1,910 1,910
At 31 October 2024 (25,836 ) 134,417 108,581