NO1 ESTATE AGENTS LTD


Director	MIRZA, Khuram Shahzad


Registered Address	Unit 2 124 Ampthill Road
	Bedford
	MK42 9PP


Registered Number	11766635 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		6,713		6,589
			6,713		6,589
Current assets
Debtors		94,244		102,215
Cash at bank and on hand		86,307		1,661
		180,551		103,876
Creditors amounts falling due within one year	4	(27,264)		(13,941)
Net current assets (liabilities)			153,287		89,935
Total assets less current liabilities			160,000		96,524
Creditors amounts falling due after one year	5		(12,702)		(14,870)
Net assets			147,298		81,654
Capital and reserves
Called up share capital			100		100
Profit and loss account			147,198		81,554
Shareholders' funds			147,298		81,654

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 October 2025, and are signed on its behalf by:

MIRZA, Khuram Shahzad
Director
Registered Company No. 11766635

NO1 ESTATE AGENTS LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		2

3.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 February 24	800	5,100	8,435	14,335
Additions	-	-	1,896	1,896
At 31 January 25	800	5,100	10,331	16,231
Depreciation and impairment
At 01 February 24	350	3,512	3,884	7,746
Charge for year	113	396	1,263	1,772
At 31 January 25	463	3,908	5,147	9,518
Net book value
At 31 January 25	337	1,192	5,184	6,713
At 31 January 24	450	1,588	4,551	6,589

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	700	981
Bank borrowings and overdrafts	5,377	3,422
Taxation and social security	19,079	6,417
Accrued liabilities and deferred income	2,108	3,121
Total	27,264	13,941


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	12,702	14,870
Total	12,702	14,870