NAP PROPERTY MANAGEMENT LIMITED


Directors	PAUL, Janet
	PAUL, Nicholas Anthony


Registered Address	1 Gemini Court
	42a Throwley Way,
	Sutton
	SM1 4AF


Registered Number	07486503 (England and Wales)

Statement of Financial Position
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		569,735		495,937
			569,735		495,937
Current assets
Debtors	4	-		1,101
Cash at bank and on hand		21,931		23,823
		21,931		24,924
Creditors amounts falling due within one year	5	(3,087)		(1,938)
Net current assets (liabilities)			18,844		22,986
Total assets less current liabilities			588,579		518,923
Net assets			588,579		518,923
Capital and reserves
Called up share capital			200		200
Profit and loss account			588,379		518,723
Shareholders' funds			588,579		518,923

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 18 September 2025, and are signed on its behalf by:

PAUL, Nicholas Anthony
Director
Registered Company No. 07486503

NAP PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. 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.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. 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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Fixed asset investments
	The fair value of the following investment has been arrived at on the basis of a valuation carried out by the external party by reference to the latest available mid- market prices at the balance sheet date.

	Other investments¹	Total
	£	£
Cost or valuation
At 01 February 24	495,937	495,937
Additions	6,875	6,875
Revaluations	62,229	62,229
Disposals	4,694	4,694
At 31 January 25	569,735	569,735
Net book value
At 31 January 25	569,735	569,735
At 31 January 24	495,937	495,937

	Notes
	¹Other investments other than loans

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	1,101
Total	-	1,101

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	1,286	-
Other creditors	1,801	1,938
Total	3,087	1,938