Nilsson Residentials Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10633722

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		431,112		571,742

			431,112		571,742
CURRENT ASSETS
Debtors	5	4,451		3,973
Cash at bank and in hand		520		-

		4,971		3,973
Creditors: Amounts Falling Due Within One Year	6	(200,125 )		(156,345 )

NET CURRENT ASSETS (LIABILITIES)			(195,154 )		(152,372 )

TOTAL ASSETS LESS CURRENT LIABILITIES			235,958		419,370

Creditors: Amounts Falling Due After More Than One Year	7		(370,684 )		(460,842 )

NET LIABILITIES			(134,726 )		(41,472 )

CAPITAL AND RESERVES
Called up share capital	9		200		200
Profit and Loss Account			(134,926 )		(41,672 )

SHAREHOLDERS' FUNDS			(134,726)		(41,472)

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Nilsson Residentials Ltd

Balance Sheet (continued)

As At 28 February 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Johan Nilsson

Director

26/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Nilsson Residentials Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10633722 . The registered office is 29 Park Square, Newport, NP20 4EN.

The company was formerly known as Nilsson Holdings Ltd.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for.

Changes in fair value are recognised in the profit and loss account.

2.5. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	1	2

	1	2

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Nilsson Residentials Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost or Valuation
As at 1 March 2024	569,999	2,666	1,926	574,591
Additions	687	-	-	687
Disposals	(140,687 )	-	-	(140,687 )

As at 28 February 2025	429,999	2,666	1,926	434,591

Depreciation
As at 1 March 2024	-	2,367	482	2,849
Provided during the period	-	148	482	630

As at 28 February 2025	-	2,515	964	3,479

Net Book Value
As at 28 February 2025	429,999	151	962	431,112

As at 1 March 2024	569,999	299	1,444	571,742

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,358	1,420
Amounts owed by group undertakings	3,093	2,553

	4,451	3,973

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	23,600	81,572
Other creditors	68,598	5,584
Accruals and deferred income	1,478	795
Director's loan account	106,449	68,394

	200,125	156,345

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	325,063	325,063
Other creditors	45,621	135,779

	370,684	460,842

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Nilsson Residentials Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Secured Creditors

Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with terms of up to 24 years.

As of 29th February 2024, £81,409 related to an interest-only loan that had been due for repayment on 27th December 2023. The company was unable to obtain an extension to this facility and, as a result, the lender appointed a receiver to manage and dispose of the underlying property on 12th February 2024.

The outstanding balance on this loan was £23,600 at 28th February 2025. As the loan is no longer secured against any company assets following the sale of the property, this £23,600 balance is not included within secured creditors in the current financial year.

	2025		2024
	£		£
Bank loans and overdrafts	325,063		406,472

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

10. Related Party Transactions

At 28th February 2025 Nilsson Residentials Ltd owed £50,963 (2024 - £56,775) to Softy Ltd, a company in which Mr Johan Nilsson is a director and shareholder. Interest is payable at 3.5% per annum and is repaid in monthly instalments with the remaining amount repayable on 1st August 2034.

11. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Nilsson Property Group Ltd . Nilsson Property Group Ltd was incorporated in England and Wales. The ultimate controlling party is Mr Johan Nilsson who controls 100% of the shares of Nilsson Residentials Ltd .

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