REGISTERED NUMBER: 08655447 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NAIROBI PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R R Shah MSc FRICS

REGISTERED OFFICE:

55a Welbeck Street

London

W1G 9XQ

REGISTERED NUMBER:

08655447 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

CURRENT ASSETS

Debtors

4

41

41

Cash at bank

29,805

107,214

29,846

107,255

CREDITORS

Amounts falling due within one year

5

(1,486,961

)

(1,484,512

)

NET CURRENT LIABILITIES

(1,457,115

)

(1,377,257

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,457,115

)

(1,377,257

)

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

6

(1,457,415

)

(1,377,557

)

SHAREHOLDERS' FUNDS

(1,457,115

)

(1,377,257

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2025 and were signed by:

R R Shah MSc FRICS - Director

1.	STATUTORY INFORMATION

Nairobi Properties Limited 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.

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.

GOING CONCERN

As at 31 December 2024 the company's liabilities exceeded its assets by £1,457,115 (2023 - £1,377,257). The directors are of the opinion that with the continued support of the company's creditors and shareholders, the company will be able to meet its liabilities as they fall due for payment.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Prepayments

41

41

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

1,483,920

1,479,066

Accruals and deferred income

3,041

5,446

1,486,961

1,484,512

6.

RESERVES

Retained

earnings

£

At 1 January 2024

(1,377,557

)

Deficit for the year

(79,858

)

At 31 December 2024

(1,457,415

)

7.	RELATED PARTY DISCLOSURES

Other creditors include £654,248 (2023 - £650,723) due to Peter Properties Limited, a company ultimately controlled by Mr R R Shah, director. The balance is interest free and repayable on demand.

8.	CONTROLLING PARTY

In the opinion of the director, there is no controlling party.