Niprose Investments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11091271

Niprose Investments Limited

Filleted Unaudited Financial Statements

31 December 2024

Niprose Investments Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Investments	4		957,846	822,686

Current assets

Debtors	5	449	449
Cash at bank and in hand		16,319	11,230
		--------	--------
		16,768	11,679

Creditors: amounts falling due within one year	6	1,169,021		1,070,722
		------------		------------
Net current liabilities			1,152,253	1,059,043
			------------	------------
Total assets less current liabilities			( 194,407)	( 236,357)
			---------	---------
Net liabilities			( 194,407)	( 236,357)
			---------	---------

Capital and reserves

Called up share capital	102	102
Profit and loss account	( 194,509)	( 236,459)
	---------	---------
Shareholders deficit	( 194,407)	( 236,357)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Niprose Investments Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 19 September 2025 , and are signed on behalf of the board by:

R Nickoll
Director

Company registration number: 11091271

Niprose Investments Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Honnington Farmhouse, Vauxhall Lane, Tunbridge Wells, TN4 0XD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis notwithstanding the deficit on members funds as the director has expressed a willingness to support the company for the foreseeable future, the company has received an interest free loan was received from a related party.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

4. Investments

	Investments
	£
Cost
At 1 January 2024	822,686
Additions	311,910
Disposals	( 234,176)
Revaluations	57,426
	---------
At 31 December 2024	957,846
	---------
Impairment
At 1 January 2024 and 31 December 2024	–
	---------

Carrying amount
At 31 December 2024	957,846
	---------
At 31 December 2023	822,686
	---------

5. Debtors

	2024	2023
	£	£
Other debtors	449	449
	----	----

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Other creditors	1,169,021	1,070,722
	------------	------------

7. Related party transactions

During the year the there was £49,637 (2023: nil) received on a loan from a related party. At the year end the loan totaled £604,237 (2023: £554,600) No interest is charged on this loan.