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Company Registration No. 08566780 (England and Wales)
NINE DEVELOPMENTS LIMITED Unaudited accounts for the year ended 31 December 2024
NINE DEVELOPMENTS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NINE DEVELOPMENTS LIMITED Company Information for the year ended 31 December 2024
Director
Ranabhai Devshibhai KARAVADARA
Company Number
08566780 (England and Wales)
Registered Office
VIVEK HOUSE 65-67 CLARENDON ROAD WATFORD WD17 1DU United Kingdom
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NINE DEVELOPMENTS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,866,685 
1,866,685 
Current assets
Debtors
5
674,873 
764,728 
Cash at bank and in hand
47,866 
25,263 
722,739 
789,991 
Creditors: amounts falling due within one year
6
(967,213)
(837,157)
Net current liabilities
(244,474)
(47,166)
Total assets less current liabilities
1,622,211 
1,819,519 
Creditors: amounts falling due after more than one year
7
(3,082,507)
(3,390,458)
Net liabilities
(1,460,296)
(1,570,939)
Capital and reserves
Share premium
1 
1 
Profit and loss account
(1,460,297)
(1,570,940)
Shareholders' funds
(1,460,296)
(1,570,939)
For the year ending 31 December 2024 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 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 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 and authorised for issue on 8 December 2025 and were signed on its behalf by
Ranabhai Devshibhai KARAVADARA Director Company Registration No. 08566780
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NINE DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
NINE DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08566780. The registered office is VIVEK HOUSE, 65-67 CLARENDON ROAD, WATFORD, WD17 1DU, United Kingdom.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
1,866,685 
At 31 December 2024
1,866,685 
Depreciation
At 31 December 2024
- 
Net book value
At 31 December 2024
1,866,685 
At 31 December 2023
1,866,685 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
582,500 
582,500 
Other debtors
92,373 
182,228 
674,873 
764,728 
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NINE DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,178,119 
1,048,063 
Taxes and social security
(210,906)
(210,906)
967,213 
837,157 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,270 
1,785,761 
Other creditors
3,059,237 
1,604,697 
3,082,507 
3,390,458 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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