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Company Registration No. 12469297 (England and Wales)
So Narita Properties Ltd Unaudited accounts for the year ended 28 February 2025
So Narita Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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So Narita Properties Ltd Company Information for the year ended 28 February 2025
Directors
Tadashi Narita David Chung-Keung So
Company Number
12469297 (England and Wales)
Registered Office
68a Carlton Road Nottingham NG3 2AP England
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So Narita Properties Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,649 
- 
Investment property
5
770,000 
652,628 
771,649 
652,628 
Current assets
Cash at bank and in hand
115,018 
16,696 
Creditors: amounts falling due within one year
6
(153,567)
(193,207)
Net current liabilities
(38,549)
(176,511)
Total assets less current liabilities
733,100 
476,117 
Creditors: amounts falling due after more than one year
7
(637,979)
(488,586)
Net assets/(liabilities)
95,121 
(12,469)
Capital and reserves
Called up share capital
4 
4 
Revaluation reserve
117,372 
- 
Profit and loss account
(22,255)
(12,473)
Shareholders' funds
95,121 
(12,469)
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 directors acknowledge 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 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 of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by
David Chung-Keung So Director Company Registration No. 12469297
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So Narita Properties Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
So Narita Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12469297. The registered office is 68a Carlton Road, Nottingham, NG3 2AP, 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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2024
- 
Additions
2,199 
At 28 February 2025
2,199 
Depreciation
Charge for the year
550 
At 28 February 2025
550 
Net book value
At 28 February 2025
1,649 
5
Investment property
2025 
£ 
Fair value at 1 March 2024
652,628 
Net gain from fair value adjustments
117,372 
At 28 February 2025
770,000 
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So Narita Properties Ltd Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,543 
1,543 
Other creditors
26,484 
66,484 
Loans from directors
123,980 
123,980 
Accruals
1,560 
1,200 
153,567 
193,207 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
40,998 
49,817 
Other creditors
596,981 
438,769 
637,979 
488,586 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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