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REGISTERED NUMBER: 07959030 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Nene Court Holdings Limited

Nene Court Holdings Limited (Registered number: 07959030)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nene Court Holdings Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: M C Binley
R C Binley
Mrs. C Porter





SECRETARY: Mrs P M Binley





REGISTERED OFFICE: Nene Court
The Embankment
Wellingborough
Northamptonshire
NN8 1LD





REGISTERED NUMBER: 07959030 (England and Wales)





ACCOUNTANTS: John S Ward & Co Limited
Chartered Certified Accountants
26-28 Headlands
Kettering
Northamptonshire
NN15 7HP

Nene Court Holdings Limited (Registered number: 07959030)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,059,914 2,862,789
Investments 5 386,760 301,683
3,446,674 3,164,472

CURRENT ASSETS
Debtors 6 12,979 12,393
Cash at bank 33,306 22,784
46,285 35,177
CREDITORS
Amounts falling due within one year 7 265,479 303,299
NET CURRENT LIABILITIES (219,194 ) (268,122 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,227,480

2,896,350

CREDITORS
Amounts falling due after more than
one year

8

(1,195,158

)

(1,063,985

)

PROVISIONS FOR LIABILITIES (26,400 ) -
NET ASSETS 2,005,922 1,832,365

Nene Court Holdings Limited (Registered number: 07959030)

Balance Sheet - continued
31 October 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 488 488
Revaluation reserve 9 386,272 301,195
Retained earnings 1,619,162 1,530,682
2,005,922 1,832,365

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.

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 28 July 2025 and were signed on its behalf by:





M C Binley - Director


Nene Court Holdings Limited (Registered number: 07959030)

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

1. STATUTORY INFORMATION

Nene Court Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Nene Court Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Plant and machinery etc - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


Nene Court Holdings Limited (Registered number: 07959030)

Notes to the Financial Statements - continued
for the Year Ended 31 October 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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 2,764,532 227,572 2,992,104
Additions 163,282 51,623 214,905
At 31 October 2024 2,927,814 279,195 3,207,009
DEPRECIATION
At 1 November 2023 - 129,315 129,315
Charge for year - 17,780 17,780
At 31 October 2024 - 147,095 147,095
NET BOOK VALUE
At 31 October 2024 2,927,814 132,100 3,059,914
At 31 October 2023 2,764,532 98,257 2,862,789

Nene Court Holdings Limited (Registered number: 07959030)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 November 2023 301,683
Reversal of impairments 85,077
At 31 October 2024 386,760
NET BOOK VALUE
At 31 October 2024 386,760
At 31 October 2023 301,683

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,979 12,393

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 39,000 34,800
Trade creditors 28,443 26,229
Amounts owed to group undertakings 166,674 218,267
Taxation and social security 22,772 14,513
Other creditors 8,590 9,490
265,479 303,299

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 717,794 558,444
Other creditors 477,364 505,541
1,195,158 1,063,985

Nene Court Holdings Limited (Registered number: 07959030)

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

9. RESERVES
Revaluatio
reserve
£   
At 1 November 2023 301,195
Adjustment 85,077

At 31 October 2024 386,272