REGISTERED NUMBER: 06998231 (England and Wales)

Report of the Directors and

Financial Statements

for the Year Ended 31 March 2025

for

NICK GRAHAM PROPERTY LTD

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr N Graham

Mrs C Graham

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

06998231 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of property consultancy.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mr N Graham

Mrs C Graham

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr N Graham - Director

10 September 2025

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

101,432

38,092

101,432

38,092

CURRENT ASSETS

Debtors

6

382,272

133,155

Cash at bank

74,345

42,877

456,617

176,032

CREDITORS

Amounts falling due within one year

7

144,439

73,985

NET CURRENT ASSETS

312,178

102,047

TOTAL ASSETS LESS CURRENT LIABILITIES

413,610

140,139

CREDITORS

Amounts falling due after more than one year

8

43,692

-

NET ASSETS

369,918

140,139

CAPITAL AND RESERVES

Called up share capital

9

101

101

Retained earnings

369,817

140,038

SHAREHOLDERS' FUNDS

369,918

140,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

Mr N Graham - Director

1.	STATUTORY INFORMATION

Nick Graham Property Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of EMJ Property Consultants LLP in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

10% on cost

Computer/office equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

930,000

AMORTISATION

At 1 April 2024

and 31 March 2025

930,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer/office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

2,858

36,340

19,929

59,127

Additions

-

75,200

5,357

80,557

At 31 March 2025

2,858

111,540

25,286

139,684

DEPRECIATION

At 1 April 2024

1,725

7,268

12,042

21,035

Charge for year

227

11,154

5,836

17,217

At 31 March 2025

1,952

18,422

17,878

38,252

NET BOOK VALUE

At 31 March 2025

906

93,118

7,408

101,432

At 31 March 2024

1,133

29,072

7,887

38,092

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

118,130

43,855

Directors' current accounts

159,142

-

Prepayments and accrued income

105,000

89,300

382,272

133,155

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

24,517

18,323

Tax

40,503

2

Social security and other taxes

12,960

5,416

VAT

63,209

46,279

Other creditors

-

715

Accruals and deferred income

3,250

3,250

144,439

73,985

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

43,692

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

50

A Class Ordinary

£1

50

50

50

B Class Ordinary

£1

50

50

1

C Class Ordinary

£1

1

1

101

101

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr N Graham

Balance outstanding at start of year

-

-

Amounts advanced

104,605

-

Amounts repaid

(24,939

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

79,666

-

Mrs C Graham

Balance outstanding at start of year

-

-

Amounts advanced

104,601

-

Amounts repaid

(25,125

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

79,476

-

As at the balance sheet date, included in debtors due within one year is £159,142 (2024: £Nil), due and payable by the director. During the period interest was charged on the overdrawn loan account at 2.25%. This amount was repaid within 9 months of the year end.