Company registration number 14870627 (England and Wales)
NOW PROPERTIES (SOUTHERN) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
NOW PROPERTIES (SOUTHERN) LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MAY 2025
- 1 -
Year
Period
ended
ended
31 May
31 May
2025
2024
£
£
Turnover
1
-
Other income
20,077
6,000
Other charges
(20,301)
(10,751)
Loss
(223)
(4,751)
NOW PROPERTIES (SOUTHERN) LIMITED
BALANCE SHEET
- 2 -
2025
2024
£
£
£
£
Fixed assets
542,719
184,017
Current assets
6,663
3,807
Prepayments and accrued income
496
82
Creditors: amounts falling due within one year
(150,666)
(61,800)
Net current liabilities
(143,507)
(57,911)
Total assets less current liabilities
399,212
126,106
Creditors: amounts falling due after more than one year
(404,086)
(130,757)
Net liabilities
(4,874)
(4,651)
Capital and reserves
(4,874)
(4,651)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
2
2
The profit and loss account has been prepared on the basis that all operations are continuing operations. The directors consider that the company is a going concern due to their continued support.
NOW PROPERTIES (SOUTHERN) LIMITED
BALANCE SHEET (CONTINUED)
- 3 -
Now Properties (Southern) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Tagus House, 9 Ocean Way, Southampton, Hampshire, United Kingdom, SO14 3TJ.
For the year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 3 October 2025 and are signed on its behalf by:
Mr C Derrick
Director
Company registration number 14870627 (England and Wales)