REGISTERED NUMBER: 02196989 (England and Wales)

NATURALCITY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

S R Lee (Deceased)

Mrs T A R Shippey

Mrs P-J R Cleghorn-Brown

REGISTERED OFFICE:

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

REGISTERED NUMBER:

02196989 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

FIXED ASSETS

Investments

4

49,982

51,180

CURRENT ASSETS

Debtors

5

35,776

36,122

Cash at bank

75

1,072

35,851

37,194

CREDITORS

Amounts falling due within one year

6

149,727

149,073

NET CURRENT LIABILITIES

(113,876

)

(111,879

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(63,894

)

(60,699

)

CAPITAL AND RESERVES

Called up share capital

7

475,000

475,000

Retained earnings

(538,894

)

(535,699

)

SHAREHOLDERS' FUNDS

(63,894

)

(60,699

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 6 November 2025 and were signed on its behalf by:

Mrs T A R Shippey - Director

1.	STATUTORY INFORMATION

Naturalcity Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

Basis of consolidation

The company has not prepared group accounts as it qualifies as a small group and as such has taken advantage of exemption from preparing group accounts under s399 of the Companies Act 2006.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

320,002

PROVISIONS

At 1 April 2024

268,822

Provision for year

1,198

At 31 March 2025

270,020

NET BOOK VALUE

At 31 March 2025

49,982

At 31 March 2024

51,180

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

35,391

35,991

VAT

385

131

35,776

36,122

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

304

-

Other creditors

144,775

144,775

Directors' current accounts

3,300

3,300

Accrued expenses

1,348

998

149,727

149,073

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

125,000

Ordinary shares

£1

125,000

125,000

350,000

Redeemable ordinary shares

£1

350,000

350,000

475,000

475,000

The redeemable ordinary shares are redeemable at the company's discretion. No premium is payable on redemption.

8.	CONTINGENT LIABILITIES

There is a contingent liability in respect of a joint and several guarantee given to the group's bankers on the borrowings of group companies.

9.	GOING CONCERN

The company incurred a net loss after taxation of £3,195 during the year (2024 - £3,804).

At the statement of financial position date the company had net liabilities of £63,894 (2024 - £60,699).

The financial statements have been prepared on a going concern basis, the validity of which, depends on the continued support of the creditors and related parties, which the directors expect to continue for the foreseeable future.