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Company Registration No. 10560453 (England and Wales)
NYI REAL ESTATE LIMITED Unaudited accounts for the year ended 31 December 2024
NYI REAL ESTATE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
NYI REAL ESTATE LIMITED Company Information for the year ended 31 December 2024
Directors
Amanuel Tsehaye Amanuel Tsehaye
Company Number
10560453 (England and Wales)
Registered Office
Kemp House 160 City Road London EC1V 2NX United Kingdom
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NYI REAL ESTATE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
847,383 
847,383 
Investments
5
60,000 
75,000 
907,383 
922,383 
Current assets
Cash at bank and in hand
7,354 
3,988 
Creditors: amounts falling due within one year
6
(664,586)
(660,374)
Net current liabilities
(657,232)
(656,386)
Total assets less current liabilities
250,151 
265,997 
Creditors: amounts falling due after more than one year
7
(248,884)
(277,166)
Net assets/(liabilities)
1,267 
(11,169)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
1,257 
(11,179)
Shareholders' funds
1,267 
(11,169)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by
Amanuel Tsehaye Director Company Registration No. 10560453
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NYI REAL ESTATE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
NYI REAL ESTATE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10560453. The registered office is Kemp House, 160 City Road, London, EC1V 2NX, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
847,383 
At 31 December 2024
847,383 
Depreciation
At 31 December 2024
- 
Net book value
At 31 December 2024
847,383 
At 31 December 2023
847,383 
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
75,000 
Disposals
(15,000)
Valuation at 31 December 2024
60,000 
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NYI REAL ESTATE LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
980 
- 
Other creditors
5,242 
- 
Loans from directors
658,364 
653,944 
Accruals
- 
6,430 
664,586 
660,374 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
248,884 
277,166 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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