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REGISTERED NUMBER: 12845894 (England and Wales)















NAYLOR PROPERTY GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






NAYLOR PROPERTY GROUP LIMITED (REGISTERED NUMBER: 12845894)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NAYLOR PROPERTY GROUP LIMITED

COMPANY INFORMATION
for the Year Ended 31 AUGUST 2024







DIRECTOR: Mr D J Naylor





REGISTERED OFFICE: Riddings Farm
Chelmarsh
Bridgnorth
Shropshire
WV16 6BA





REGISTERED NUMBER: 12845894 (England and Wales)





ACCOUNTANTS: Wallace Crooke
College House
St Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

NAYLOR PROPERTY GROUP LIMITED (REGISTERED NUMBER: 12845894)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 239 1,062
Investment property 5 409,950 316,916
410,189 317,978

CURRENT ASSETS
Debtors 6 - 1,174
Cash at bank 349 49
349 1,223
CREDITORS
Amounts falling due within one year 7 99,471 90,877
NET CURRENT LIABILITIES (99,122 ) (89,654 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

311,067

228,324

CREDITORS
Amounts falling due after more than one
year

8

(206,593

)

(206,593

)

PROVISIONS FOR LIABILITIES 9 (20,000 ) (4,239 )
NET ASSETS 84,474 17,492

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 84,374 17,392
SHAREHOLDERS' FUNDS 84,474 17,492

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

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

NAYLOR PROPERTY GROUP LIMITED (REGISTERED NUMBER: 12845894)

BALANCE SHEET - continued
31 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 31 July 2025 and were signed by:





Mr D J Naylor - Director


NAYLOR PROPERTY GROUP LIMITED (REGISTERED NUMBER: 12845894)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024

1. STATUTORY INFORMATION

Naylor Property Group 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 as modified by the revaluation of certain assets.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest
pound.

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
Income 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.
Office equipment - 25% reducing balance
Computer equipment - 33% on 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.

NAYLOR PROPERTY GROUP LIMITED (REGISTERED NUMBER: 12845894)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 685 2,274 2,959
DEPRECIATION
At 1 September 2023 396 1,501 1,897
Charge for year 72 751 823
At 31 August 2024 468 2,252 2,720
NET BOOK VALUE
At 31 August 2024 217 22 239
At 31 August 2023 289 773 1,062

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 316,916
Revaluations 93,034
At 31 August 2024 409,950
NET BOOK VALUE
At 31 August 2024 409,950
At 31 August 2023 316,916

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2022 23,437
Valuation in 2024 93,034
Cost 293,479
409,950

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 293,479 293,479

Investment property was valued on an open market basis on 31 August 2024 by the Director .

NAYLOR PROPERTY GROUP LIMITED (REGISTERED NUMBER: 12845894)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 1,174

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 600 -
Amounts owed to participating interests 88,000 88,000
Other creditors 10,871 2,877
99,471 90,877

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 206,593 206,593

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 206,593 206,593

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 20,000 4,239

Deferred
tax
£   
Balance at 1 September 2023 4,239
Provided during year 15,761
Balance at 31 August 2024 20,000

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100