Registered number
06290661
Nazman Holdings Ltd
Unaudited Filleted Accounts
31 December 2024
Nazman Holdings Ltd
Registered number: 06290661
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 4,753,360 4,813,360
Investments 4 1 1
4,753,361 4,813,361
Current assets
Debtors 5 1,357,134 850,873
Cash at bank and in hand 11,903 346,881
1,369,037 1,197,754
Creditors: amounts falling due within one year 6 (107,527) (114,858)
Net current assets 1,261,510 1,082,896
Total assets less current liabilities 6,014,871 5,896,257
Creditors: amounts falling due after more than one year 7 (874,855) (947,935)
Net assets 5,140,016 4,948,322
Capital and reserves
Called up share capital 4,266,000 4,266,000
Profit and loss account 874,016 682,322
Shareholders' funds 5,140,016 4,948,322
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N A A Choudhury
Director
Approved by the board on 19 September 2025
Nazman Holdings Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2024 4,813,360
Disposals (60,000)
At 31 December 2024 4,753,360
Depreciation
At 31 December 2024 -
Net book value
At 31 December 2024 4,753,360
At 31 December 2023 4,813,360
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 January 2024 1
At 31 December 2024 1
5 Debtors 2024 2023
£ £
Trade debtors - 5,000
Amounts owed by group undertakings and undertakings in which the company has a participating interest 1,357,134 845,373
Other debtors - 500
1,357,134 850,873
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 5,225
Trade creditors 499 3,199
Taxation and social security costs 69,162 44,851
Other creditors 37,866 61,583
107,527 114,858
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 681,339 686,895
Other creditors 193,516 261,040
874,855 947,935
8 Related party transactions
M A Choudhury, R A Choudhury, S A Choudhury, M A A Choudhury and N A A Choudhury Directors
At the Balance Sheet date, the Directors were jointly owed £188516 (2023: £244,123) by the Company.
During the year, the Directors received the following in dividends:-
M A Choudhury £1,000, R A Choudhury £1,000, S A Choudhury £1,000, M A A Choudhury £1,000, N A A Choudhury £1,000, Moazzam A A Choudhury £1,000.
9 Controlling party
The directors are the ultimate controlling party.
10 Other information
Nazman Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is:
The Grange
Stoney Ridge Road
Bingley
BD16 1UN
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