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REGISTERED NUMBER: 08333314 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

1NA (Mansfield Road) Limited

1NA (Mansfield Road) Limited (Registered number: 08333314)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


1NA (Mansfield Road) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: N J R Alexander





SECRETARY: C Lungley





REGISTERED OFFICE: 3 - 5 College Street
Nottingham
Nottinghamshire
NG1 5AQ





REGISTERED NUMBER: 08333314 (England and Wales)

1NA (Mansfield Road) Limited (Registered number: 08333314)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 3,785,100 3,949,609
Debtors 3 389,617 3,305,775
Cash at bank 336,743 62,236
4,511,460 7,317,620
CREDITORS
Amounts falling due within one year 4 4,350,797 7,159,961
NET CURRENT ASSETS 160,663 157,659
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,663

157,659

CREDITORS
Amounts falling due after more than one
year

5

7,904

18,215
NET ASSETS 152,759 139,444

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 152,659 139,344
SHAREHOLDERS' FUNDS 152,759 139,444

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2025 and were signed by:



N J R Alexander - Director


1NA (Mansfield Road) Limited (Registered number: 08333314)

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

1. 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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover represents sales of property, service charges and ground rent charged for the period under review, excluding value added tax.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

2. EMPLOYEES AND DIRECTORS

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

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 862 862
Other debtors 345,760 3,036,191
VAT - 6,170
Prepayments and accrued income 42,995 262,552
389,617 3,305,775

1NA (Mansfield Road) Limited (Registered number: 08333314)

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,311 10,056
Trade creditors 67,660 33,976
Taxation and social security 14,583 24,742
Other creditors 4,258,243 7,091,187
4,350,797 7,159,961

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,904 18,215

6. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 2,074,247 2,101,042

The loans are secured by fixed and floating charges over the assets and undertaking of the company.

7. CALLED UP SHARE CAPITAL

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

8. ULTIMATE CONTROLLING PARTY

The company is controlled by its director, N J R Alexander.