Nanda & Sons Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04143577 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NANDA & SONS INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr S K Nanda

L G Nanda

S K Nanda

SECRETARY:

Mrs K J Nanda

REGISTERED OFFICE:

217 East India Dock Road

London

E14 0ED

REGISTERED NUMBER:

04143577 (England and Wales)

ACCOUNTANTS:

Ashfords Partnership LLP

114 - 116 Goodmayes Road

Ilford

Essex

IG3 9UZ

FIXED ASSETS

Tangible assets

4

15,048

18,552

Investments

5

1

Investment property

6

5,757,666

5,626,252

5,772,715

5,644,805

CURRENT ASSETS

Stocks

118,792

Debtors

7

19,473,052

22,325,611

Cash at bank

976

9,079

19,592,820

22,453,482

CREDITORS

Amounts falling due within one year

8

197,840

228,367

NET CURRENT ASSETS

19,394,980

22,225,115

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,167,695

27,869,920

CREDITORS

Amounts falling due after more than one year

9

(5,109,589

)

(6,611,099

)

PROVISIONS FOR LIABILITIES

(577,684

)

(577,684

)

NET ASSETS

19,480,422

20,681,137

CAPITAL AND RESERVES

Called up share capital

6

Fair value reserve

11

1,733,053

Retained earnings

17,747,363

18,948,078

19,480,422

20,681,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 23 September 2025 and were signed on its behalf by:

L G Nanda - Director

S K Nanda - Director

1.	STATUTORY INFORMATION

Nanda & Sons Investments 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 January 2024

and 31 December 2024

33,663

20,897

9,043

63,603

DEPRECIATION

At 1 January 2024

26,819

9,566

8,666

45,051

Charge for year

1,711

1,699

94

3,504

At 31 December 2024

28,530

11,265

8,760

48,555

NET BOOK VALUE

At 31 December 2024

5,133

9,632

283

15,048

At 31 December 2023

6,844

11,331

377

18,552

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 January 2024

and 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

5,626,252

Additions

131,414

At 31 December 2024

5,757,666

NET BOOK VALUE

At 31 December 2024

5,757,666

At 31 December 2023

5,626,252

Fair value at 31 December 2024 is represented by:

£

Valuation in 2009

399,985

Valuation in 2010

135,379

Valuation in 2011

(488,029

)

Valuation in 2014

1,101,306

Valuation in 2018

228,820

Valuation in 2019

408,643

Cost

3,971,562

5,757,666

7.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Other debtors

-

414

Amounts falling due after more than one year:

Amounts owed by group undertakings

19,298,570

20,726,295

Amounts owed by associates

174,482

1,598,902

19,473,052

22,325,197

Aggregate amounts

19,473,052

22,325,611

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

6,011

12,782

Hire purchase contracts

29,698

Taxation and social security

6,454

18,130

Other creditors

155,677

167,757

197,840

228,367

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Bank loans

3,570,348

3,588,372

Hire purchase contracts

12,374

42,072

Amounts owed to group undertakings

56,883

304,711

Amounts owed to associates

1,469,984

2,675,944

5,109,589

6,611,099

31.12.24

31.12.23

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

3,570,348

3,588,372

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Bank Loans

3,570,348

3,588,372

The Bank loans are secured by a first charge over the company's freehold properties

11.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

1,733,053

12.	RELATED PARTY DISCLOSURES

Included under Debtors, amounts owed by group undertakings is:-

a. £259,811 (2023 £3,163,009) amount due from Nanda & Sons Developments Limited.

b. £19,038,759 (2023 £17,154,267) amount due from Mayfair Acquisitions Limited.

Included under Debtors, amounts due by associates is:-

a. £174,482 (2023 Nil) amount due from Servco LDA.

Included under Creditors, amount owed to group undertakings is:-

a. £56,883 (2023 £121,332) amount owed to Nanda Construction Ltd

Included under Creditors, amount owed to associates is:-

a. £1,469,984 (2023 £317,863) amount due to 3N Acquisitions Limited.

13.	PARENT COMPANY

The company is a wholly owned subsidiary of Nanda Group Ltd.