IRIS Accounts Production v25.4.0.155 11282162 director 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11282162 2024-03-31 11282162 2025-03-31 11282162 2024-04-01 2025-03-31 11282162 2023-03-31 11282162 2023-04-01 2024-03-31 11282162 2024-03-31 11282162 ns15:EnglandWales 2024-04-01 2025-03-31 11282162 ns14:PoundSterling 2024-04-01 2025-03-31 11282162 ns10:Director1 2024-04-01 2025-03-31 11282162 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11282162 ns10:SmallEntities 2024-04-01 2025-03-31 11282162 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11282162 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 11282162 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11282162 ns10:FullAccounts 2024-04-01 2025-03-31 11282162 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 11282162 ns5:CurrentFinancialInstruments 2025-03-31 11282162 ns5:CurrentFinancialInstruments 2024-03-31 11282162 ns5:Non-currentFinancialInstruments 2025-03-31 11282162 ns5:Non-currentFinancialInstruments 2024-03-31 11282162 ns5:ShareCapital 2025-03-31 11282162 ns5:ShareCapital 2024-03-31 11282162 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 11282162 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 11282162 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 11282162 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 11282162 ns10:RegisteredOffice 2024-04-01 2025-03-31 11282162 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 11282162 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 11282162 ns5:Secured 2025-03-31 11282162 ns5:Secured 2024-03-31 11282162 ns10:OrdinaryShareClass1 2025-03-31 11282162 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31

REGISTERED NUMBER: 11282162 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Nibu Properties Ltd

Nibu Properties Ltd (Registered number: 11282162)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Statement of Financial Position | 1 |

Notes to the Financial Statements | 3 |

Nibu Properties Ltd (Registered number: 11282162)

Statement of Financial Position

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 430,000 |  | 420,000 |  |

CURRENT ASSETS

Debtors | 5 | 690 |  | 677 |  |

Cash at bank | 38,295 |  | 38,818 |  |

38,985 |  | 39,495 |  |

CREDITORS

Amounts falling due within one year | 6 | 147,321 |  | 148,851 |  |

NET CURRENT LIABILITIES | (108,336 | ) | (109,356 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 321,664 |  | 310,644 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (240,975 | ) | (240,975 | ) |

PROVISIONS FOR LIABILITIES | (11,368 | ) | (9,468 | ) |

NET ASSETS | 69,321 |  | 60,201 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Fair value reserve | 10 | 48,464 |  | 40,364 |  |

Retained earnings | 20,757 |  | 19,737 |  |

SHAREHOLDERS' FUNDS | 69,321 |  | 60,201 |  |

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 director acknowledges her 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.

Nibu Properties Ltd (Registered number: 11282162)

Statement of Financial Position - continued

31 March 2025

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 5 December 2025 and were signed by:

Ms Nicoleta Teunis - Director

Nibu Properties Ltd (Registered number: 11282162)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Nibu Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 11282162

| Registered office: | 01 Meadlake Place

| Thorpe Lea Road

| Egham

| Surrey

| TW20 8HE

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 fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

| Investment property

| Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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.

Nibu Properties Ltd (Registered number: 11282162)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 420,000 |  |

| Revaluations | 10,000 |  |

| At 31 March 2025 | 430,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 430,000 |  |

| At 31 March 2024 | 420,000 |  |

| The following investment properties are under a charge from Hampshire Trust Bank PLC. The charge was created on 02 December 2019:

| 21 Stirling Street, Doncaster, DNA 3QS.

| 59 Stirling Street, Doncaster, DN1 3QS.

| 1 Prospect Place, Doncaster, DN1 3QP.

| 27 Ravensworth Road, Doncaster, DN1 2AS.

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2021 | 15,832 |  |

| Valuation in 2022 | 24,000 |  |

| Valuation in 2023 | 10,000 |  |

| Valuation in 2025 | 10,000 |  |

| Cost | 370,168 |  |

430,000 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Other debtors | 690 |  | 677 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Taxation and social security | 240 |  | 1,918 |  |

| Other creditors | 147,081 |  | 146,933 |  |

147,321 |  | 148,851 |  |

Nibu Properties Ltd (Registered number: 11282162)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 240,975 |  | 240,975 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 240,975 |  | 240,975 |  |

| The loans amounting to 240,975 is secured by the way of charge on the following properties situated at:

| 21 Stirling Street, Doncaster DN1 3QS.

| 59 Stirling Street, Doncaster, DN1 3QS.

| 1 Prospect Place, Doncaster, DN1 3QP.

| 27 Ravensworth Road, Doncaster, DN1 2AS.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

10. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 April 2024 | 40,364 |  |

| Transfer to/from reserves | 8,100 |  |

| At 31 March 2025 | 48,464 |  |

11. | RELATED PARTY DISCLOSURES

| The company owes £147,081 (2024: £146,933) to its director, Ms Nicoleta Teunis who is also a sole shareholder of the company as at accounting year end date.