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Company Registration No. 11214753 (England and Wales)
NIRE LTD Unaudited accounts for the year ended 28 February 2025
NIRE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NIRE LTD Company Information for the year ended 28 February 2025
Director
Nicola Nicoletti
Company Number
11214753 (England and Wales)
Registered Office
29 Knaresborough House 7 Knaresborough Place London SW5 0TN ENGLAND
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NIRE LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
735,355
738,257
Investments
5
2,368,922
2,184,307
3,104,277
2,922,564
Current assets
Debtors
6
94,105
87,197
Cash at bank and in hand
27,368
38,460
121,473
125,657
Creditors: amounts falling due within one year
7
(10,803)
(36,339)
Net current assets
110,670
89,318
Total assets less current liabilities
3,214,947
3,011,882
Creditors: amounts falling due after more than one year
8
(3,157,089)
(2,964,809)
Net assets
57,858
47,073
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
56,858
46,073
Shareholders' funds
57,858
47,073
For the year ending 28 February 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 October 2025 and were signed on its behalf by
Nicola Nicoletti Director Company Registration No. 11214753
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NIRE LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
NIRE LTD is a private company, limited by shares, registered in England and Wales, registration number 11214753. The registered office is 29 Knaresborough House, 7 Knaresborough Place, London, SW5 0TN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
729,594
21,654
751,248
Additions
-
1,785
1,785
At 28 February 2025
729,594
23,439
753,033
Depreciation
At 1 March 2024
-
12,991
12,991
Charge for the year
-
4,687
4,687
At 28 February 2025
-
17,678
17,678
Net book value
At 28 February 2025
729,594
5,761
735,355
At 29 February 2024
729,594
8,663
738,257
5
Investments
Subsidiary undertakings
£
Valuation at 1 March 2024
2,184,307
Additions
184,615
Valuation at 28 February 2025
2,368,922
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NIRE LTD Notes to the Accounts for the year ended 28 February 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
6,800
600
Other debtors
1,208
500
8,008
1,100
Amounts falling due after more than one year
Other debtors
86,097
86,097
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
407
2,116
Trade creditors
2,849
7,961
Taxes and social security
3,125
-
Other creditors
132
21,840
Loans from directors
-
132
Accruals
4,290
4,290
10,803
36,339
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
3,157,089
2,961,773
Taxes and social security
-
3,036
3,157,089
2,964,809
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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