REGISTERED NUMBER: 12818137 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NASSAB ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Nassab

Dr K Babamiri

REGISTERED OFFICE:

49-51 King Street

Knutsford

Cheshire

WA16 6DX

REGISTERED NUMBER:

12818137 (England and Wales)

FIXED ASSETS

Tangible assets

4

6,408

7,710

Investment property

5

1,675,494

1,675,494

1,681,902

1,683,204

CURRENT ASSETS

Debtors

6

13,769

16,544

Cash at bank and in hand

12,509

11,387

26,278

27,931

CREDITORS

Amounts falling due within one year

7

33,149

32,329

NET CURRENT LIABILITIES

(6,871

)

(4,398

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,675,031

1,678,806

CREDITORS

Amounts falling due after more than one year

8

(1,749,467

)

(1,729,467

)

PROVISIONS FOR LIABILITIES

(2,252

)

(1,927

)

NET LIABILITIES

(76,688

)

(52,588

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(76,788

)

(52,688

)

(76,688

)

(52,588

)

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 11 September 2025 and were signed on its behalf by:

Mr R Nassab - Director

1.	STATUTORY INFORMATION

Nassab Estates 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.

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER

The turnover shown in the profit and loss account represents amount earned during the year and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS

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

Fixture and fittings - 20% on cost

Computer equipment - 20% on cost

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

3,848

9,858

13,706

Additions

1,799

-

1,799

At 31 March 2025

5,647

9,858

15,505

DEPRECIATION

At 1 April 2024

903

5,093

5,996

Charge for year

1,129

1,972

3,101

At 31 March 2025

2,032

7,065

9,097

NET BOOK VALUE

At 31 March 2025

3,615

2,793

6,408

At 31 March 2024

2,945

4,765

7,710

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,675,494

NET BOOK VALUE

At 31 March 2025

1,675,494

At 31 March 2024

1,675,494

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

13,769

16,544

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

25,000

25,000

Accruals and deferred income

8,149

7,329

33,149

32,329

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yrs

1,124,467

1,124,467

Amounts owed to group undertakings

625,000

605,000

1,749,467

1,729,467

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs

1,124,467

1,124,467