Company registration number: 15296594
Unaudited financial statements
for the period ended 30 November 2024
for
Condors Nest Ltd
Pages for filing with the Registrar
Company registration number: 15296594
Condors Nest Ltd
Balance sheet
as at 30 November 2024
Note £ £
Fixed assets
Investment property 4 627,238
627,238
Current assets
Cash at bank and in hand 1,999
1,999
Creditors: amounts falling due within one
year
(33,093)
Net current liabilities (31,094)
Total assets less current liabilities 596,144
Creditors: Amounts falling due after more
than one year
(412,960)
NET ASSETS 183,184
Capital and reserves
Called up share capital 100
Other reserves 177,020
Profit and loss account 6,064
TOTAL EQUITY 183,184
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 30 November 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 15296594
Condors Nest Ltd
Balance sheet - continued
as at 30 November 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 21 July 2025 and signed on its behalf by:
Mr N Sisson, Director
21 July 2025
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Condors Nest Ltd
Notes to the financial statements
for the period ended 30 November 2024
1 Company information
Condors Nest Ltd is a private company registered in England and Wales. Its registered number is 15296594. The company is limited by shares. Its registered office is Oak Farm Chargrove Lane, Shurdington, Cheltenham, GL51 4XB.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investment property
Investment property is shown at its 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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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Condors Nest Ltd
Notes to the financial statements - continued
for the period ended 30 November 2024
3 Average number of employees
During the period the average number of employees was Nil.
4 Investment property
£
Valuation
At 30 November 2024 627,238
5 Secured debts
At the balance sheet date, the company had a secured mortgage of £412,960. The mortgage is interest -only and is secured against the company's investment property.

Under the terms of the mortgage, only interest payments are required during the term of the agreement, with the capital balance of £416,975 repayable in full at the end of the mortgage term.
6 Share capital
The company was incorporated on 20 November 2023 with an issued share capital of £100, comprising 100 ordinary shares of £1 each, fully paid. This represents the total equity investment made by the shareholder at the date of incorporation. No further shares have been issued during the period.
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