Company Registration No. 06384945 (England and Wales)
Nathaniel Property Developments Limited
Unaudited accounts
for the year ended 31 December 2024
Nathaniel Property Developments Limited
Unaudited accounts
Contents
Nathaniel Property Developments Limited
Company Information
for the year ended 31 December 2024
Directors
Nathan Lee Griffiths
Wayne Griffiths
Secretary
Nathan Lee Griffiths
Company Number
06384945 (England and Wales)
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
Nathaniel Property Developments Limited
Statement of financial position
as at 31 December 2024
Tangible assets
253,198
254,108
Cash at bank and in hand
15,938
12,678
Creditors: amounts falling due within one year
(124,783)
(269,317)
Net current liabilities
(107,979)
(256,639)
Net assets/(liabilities)
145,219
(2,531)
Called up share capital
10
10
Profit and loss account
145,209
(2,541)
Shareholders' funds
145,219
(2,531)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2025 and were signed on its behalf by
Wayne Griffiths
Director
Company Registration No. 06384945
Nathaniel Property Developments Limited
Notes to the Accounts
for the year ended 31 December 2024
Nathaniel Property Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 06384945.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
236,883
19,728
256,611
At 31 December 2024
236,883
23,673
260,556
At 1 January 2024
1,451
1,052
2,503
Charge for the year
2,488
2,367
4,855
At 31 December 2024
3,939
3,419
7,358
At 31 December 2024
232,944
20,254
253,198
At 31 December 2023
235,432
18,676
254,108
Amounts falling due within one year
Accrued income and prepayments
866
-
Nathaniel Property Developments Limited
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
123,004
269,317
7
Transactions with related parties
£275,725 owed to Nathaniel Car Sales Ltd, a related company majority owned by Wayne Griffiths.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).