REGISTERED NUMBER: 10735063 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

NEISA INVESTMENTS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

R Nehru

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

10735063 (England and Wales)

ACCOUNTANTS:

EA

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Investment property

4

18,020,000

4,500,000

CURRENT ASSETS

Debtors

5

9,582,499

1,154,029

Cash at bank

248,422

2,669

9,830,921

1,156,698

CREDITORS

Amounts falling due within one year

6

13,337,166

689,276

NET CURRENT (LIABILITIES)/ASSETS

(3,506,245

)

467,422

TOTAL ASSETS LESS CURRENT LIABILITIES

14,513,755

4,967,422

CREDITORS

Amounts falling due after more than one year

7

(11,778,095

)

(2,650,704

)

PROVISIONS FOR LIABILITIES

(693,400

)

(563,400

)

NET ASSETS

2,042,260

1,753,318

CAPITAL AND RESERVES

Called up share capital

10

10

Non-distributable reserves

2,080,154

1,690,154

Retained earnings

(37,904

)

63,154

SHAREHOLDERS' FUNDS

2,042,260

1,753,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 31 October 2025 and were signed by:

R Nehru - Director

1.	STATUTORY INFORMATION

Neisa Investments 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the net rent receivable in respect of the company's investment and leasehold properties. Turnover is recognised in the period in which it is receivable.

Investment property

Investment properties are carried at fair value. Revaluation surpluses are recognised in the income statement. Deferred Taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102 (Section 1A). The directors consider that, because these properties are not held for consumption but for their investment potential, to depreciate them would no give a true and fair view and that it is necessary to adopt FRS 102 (Section 1A) in order to give a true and fair view. If this departure from the Act had not been made, the loss for the financial year would have been increased by the amount of depreciation.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

4,500,000

Additions

13,000,000

Revaluations

520,000

At 30 April 2025

18,020,000

NET BOOK VALUE

At 30 April 2025

18,020,000

At 30 April 2024

4,500,000

Fair value at 30 April 2025 is represented by:

£

Valuation in 2022

2,090,554

Valuation in 2023

163,000

Valuation in 2025

520,000

Cost

15,246,446

18,020,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

9,318,334

940,523

Other debtors

264,165

213,506

9,582,499

1,154,029

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,484

10,225

Trade creditors

12,834

6,743

Amounts owed to group undertakings

12,861,086

71,037

Amounts owed to participating interests

373,868

521,068

Taxation and social security

3,917

61,637

Other creditors

74,977

18,566

13,337,166

689,276

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

11,778,095

2,650,704

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans due in more than

five years

11,777,210

2,639,335

11,777,210

2,639,335

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

11,788,579

2,660,929

The bank loan is secured by way of a fixed charge on the investment property held by the entity.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

R Nehru

Balance outstanding at start of year

4,107

6,425

Amounts advanced

191,758

-

Amounts repaid

(198,898

)

(2,318

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,033

)

4,107

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included within creditors, amounts falling due within a year, is an interest free loan of £373,868 (2024: £771,267) due to Ivaro Ltd, a company under common management.