Nanda Brothers Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09811197 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NANDA BROTHERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S K Nanda

L G Nanda

SECRETARY:

REGISTERED OFFICE:

217 East India Dock Road

London

E14 0ED

REGISTERED NUMBER:

09811197 (England and Wales)

ACCOUNTANTS:

Ashfords Partnership LLP

114 - 116 Goodmayes Road

Ilford

Essex

IG3 9UZ

CURRENT ASSETS

Debtors

4

3,259,093

3,708,039

Cash at bank

1,323

278,247

3,260,416

3,986,286

CREDITORS

Amounts falling due within one year

5

16,489

10,379

NET CURRENT ASSETS

3,243,927

3,975,907

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,243,927

3,975,907

CREDITORS

Amounts falling due after more than one year

6

3,760,308

NET (LIABILITIES)/ASSETS

(516,381

)

215,599

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(516,481

)

215,499

SHAREHOLDERS' FUNDS

(516,381

)

215,599

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 Brothers Ltd 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Amounts owed by associates

3,259,093

3,708,039

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Taxation and social security

-

755

Other creditors

16,489

9,624

16,489

10,379

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Amounts owed to associates

3,760,308

7.	RELATED PARTY DISCLOSURES

Included under Debtors, amounts owed by associates is:-

a. £1,736,259 (2023 £1,736,259) amount owed by Nanda & Sons Investments Ltd

b. £46,222 (2023 £46,222) amount owed by 3N Investments Ltd

c. £317,835 (2023 £310,835 ) amount owed by Delta Acquistions Ltd

d. £30,000 (2023 £30,000) amount owed by Nanda Construction Ltd

e. £673,282 (2023 £395,782 ) amount owed by Mayfair Acquisitions Ltd

f. £455,495 (2023 £455,495) amount owed by ALS Investments (London) Ltd

Included under Creditors, amounts owed to associates is:-

a. £1,982,030 (2023 £1,982,030) amount owed by Nanda & Sons Developments Ltd

b. £643,234 (2023 £643,234) amount owed by 3N Acquisitions Ltd

c. £13,500 (2023 £13,500) amount owed by Savran Investments Ltd

d. £109,500 (2023 £109,500l) amount owed by Sarvoy Ltd

e. £775,544 (2023 £775,544) amount owed by Empery Ltd

f. £236,500 (2023 £236,500) amount owed to SKK nanda LLP