Company Registration No. 09670023 (England and Wales)
Nassau Investments Limited
Unaudited accounts
for the year ended 30 November 2024
Nassau Investments Limited
Unaudited accounts
Contents
Nassau Investments Limited
Company Information
for the year ended 30 November 2024
Company Number
09670023 (England and Wales)
Registered Office
First Floor
33 London Road
Cowplain
Waterlooville
Hampshire
PO8 8DF
England
Accountants
Weald Accounting Limited
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
Nassau Investments Limited
Statement of financial position
as at 30 November 2024
Investment property
555,574
920,248
Cash at bank and in hand
25,763
7,025
Creditors: amounts falling due within one year
(15,845)
(706)
Net current assets
151,705
172,266
Total assets less current liabilities
707,379
1,092,614
Creditors: amounts falling due after more than one year
(252,080)
(689,386)
Net assets
455,299
403,228
Called up share capital
100
100
Profit and loss account
455,199
403,128
Shareholders' funds
455,299
403,228
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 28 August 2025 and were signed on its behalf by
Mark Tillison
Director
Company Registration No. 09670023
Nassau Investments Limited
Notes to the Accounts
for the year ended 30 November 2024
Nassau Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 09670023. The registered office is First Floor, 33 London Road, Cowplain, Waterlooville, Hampshire, PO8 8DF, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Fair value at 1 December 2023
920,248
At 30 November 2024
555,574
5
Investments
Subsidiary undertakings
Valuation at 1 December 2023
100
Valuation at 30 November 2024
100
Nassau Investments Limited
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Other debtors
141,787
165,947
7
Creditors: amounts falling due within one year
2024
2023
Loans from directors
15,361
-
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
252,080
689,386
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loans
24,150
(39,511)
-
(15,361)
24,150
(39,511)
-
(15,361)
10
Transactions with related parties
The Company received dividends from it's subsidiary, Tillison Consulting Limited, of £30,154 (2023: £56,585)
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).