Company Registration No. 15133934 (England and Wales)
Nwj Property Limited
Unaudited accounts
for the period from 12 September 2023 to 30 September 2024
Nwj Property Limited
Unaudited accounts
Contents
Nwj Property Limited
Company Information
for the period from 12 September 2023 to 30 September 2024
Directors
Jennifer Rosina Neville
Simon Neville
Company Number
15133934 (England and Wales)
Registered Office
Shiftworks
14 Upper Northgate Street
Chester
CH1 1HJ
United Kingdom
Accountants
Power Accountants, Business and Tax Advisors Limited
Royal House, 14 Upper Northgate Street
Chester
CH1 4EE
Nwj Property Limited
Statement of financial position
as at 30 September 2024
Investment property
232,949
Cash at bank and in hand
6,919
Creditors: amounts falling due within one year
(279,051)
Net current liabilities
(272,082)
Called up share capital
100
Profit and loss account
(39,233)
Shareholders' funds
(39,133)
For the period ending 30 September 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 12 August 2025 and were signed on its behalf by
Jennifer Rosina Neville
Director
Company Registration No. 15133934
Nwj Property Limited
Notes to the Accounts
for the period from 12 September 2023 to 30 September 2024
Nwj Property Limited is a private company, limited by shares, registered in England and Wales, registration number 15133934. The registered office is Shiftworks, 14 Upper Northgate Street, Chester, CH1 1HJ, United Kingdom.
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 been consistently applied within the same accounts.
These financial statements have been prepared in accordance with the provisions of Section 1A"Small Entities “of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Rental income arising from investment properties is recognised as Other Operating Income on a straight-line basis over the period of the lease, in accordance with the accruals concept. Income is recognised when it is probable that the economic benefits associated with the transaction will flow to the company and the amount of the income can be measured reliably.
Rental income excludes VAT and is recognised net of any rent-free periods or lease incentives.
The financial statements have been prepared on a going concern basis. The Director has assessed the company's ability to continue as a going concern and is satisfied that the company has the necessary funding to meet day-to-day working capital requirements.
The company's ability to continue as a going concern is dependent on the continued support of its director/shareholder, who has provided loans and capital injections to the company.
The Director believes that the going concern assumption is appropriate for the preparation of the financial statements.
Nwj Property Limited
Notes to the Accounts
for the period from 12 September 2023 to 30 September 2024
Investment property is stated at cost and is not depreciated. The directors consider that the fair value of the property is at least equal to cost and that depreciation would therefore not be material. The carrying value is reviewed at each reporting date for impairment.
Rental income is included in other operating income on an accruals basis, in accordance with the terms of the lease.
At 30 September 2024
232,949
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Loans from directors
279,051
7
Average number of employees
During the period the average number of employees was 0.