REGISTERED NUMBER: 09764307 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

N and J Family Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Wright

REGISTERED OFFICE:

3 - 5 College Street

Nottingham

NG1 5AQ

REGISTERED NUMBER:

09764307 (England and Wales)

FIXED ASSETS

Tangible assets

4

42,201

56,267

Investment property

5

117,808

117,808

160,009

174,075

CURRENT ASSETS

Debtors

6

1,216,350

1,170,568

Cash at bank

8,382

-

1,224,732

1,170,568

CREDITORS

Amounts falling due within one year

7

56,574

157,793

NET CURRENT ASSETS

1,168,158

1,012,775

TOTAL ASSETS LESS CURRENT LIABILITIES

1,328,167

1,186,850

CREDITORS

Amounts falling due after more than one year

8

(3,989,443

)

(3,585,822

)

PROVISIONS FOR LIABILITIES

(10,431

)

(13,909

)

NET LIABILITIES

(2,671,707

)

(2,412,881

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Revaluation reserve

11

38,504

38,504

Retained earnings

(2,710,311

)

(2,451,485

)

SHAREHOLDERS' FUNDS

(2,671,707

)

(2,412,881

)

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

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

The director acknowledges his 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 director and authorised for issue on 4 December 2025 and were signed by:

N J Wright - Director

1.	STATUTORY INFORMATION

N and J Family Investments Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Plant, Machinery and Equipment held and used in the Company's own activities are stated in the balance sheet at their revalued amounts. The revalued amounts equate to the fair value at the date of revaluation, less any depreciation or impairment losses subsequently accumulated. Revaluations are carried out regularly so that the carrying amounts do not materially differ from using the fair value at the date of the balance sheet.

Any revaluation increase on Plant, Machinery and Equipment is credited to the property revaluation reserve.

Investment property

Investment property is 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 balance sheet date.

Deferred tax

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST OR VALUATION

At 1 February 2024

and 31 January 2025

136,500

DEPRECIATION

At 1 February 2024

80,233

Charge for year

14,066

At 31 January 2025

94,299

NET BOOK VALUE

At 31 January 2025

42,201

At 31 January 2024

56,267

Cost or valuation at 31 January 2025 is represented by:

Plant and

machinery

£

Valuation in 2020

(19,449

)

Valuation in 2021

(37,196

)

Cost

193,145

136,500

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST OR VALUATION

At 1 February 2024

and 31 January 2025

126,000

DEPRECIATION

At 1 February 2024

73,055

Charge for year

13,236

At 31 January 2025

86,291

NET BOOK VALUE

At 31 January 2025

39,709

At 31 January 2024

52,945

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

117,808

NET BOOK VALUE

At 31 January 2025

117,808

At 31 January 2024

117,808

The investment property is held at cost and the director does not deem fair value to be different to cost.

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

4,354

4,114

Amounts falling due after more than one year:

Other debtors

1,211,996

1,166,454

Aggregate amounts

1,216,350

1,170,568

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

33,333

40,000

Hire purchase contracts

13,289

35,280

Trade creditors

3,600

34,752

Taxation and social security

3,550

18,515

Other creditors

2,802

29,246

56,574

157,793

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

33,333

Hire purchase contracts

-

13,295

Other creditors

3,989,443

3,539,194

3,989,443

3,585,822

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire Purchase Loan

13,289

48,575

Hire purchase liabilities of £13,289 (2024: £48,575) are secured by a way of a fixed charge over the assets to which the hire purchase agreements relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Revaluation

reserve

£

At 1 February 2024

and 31 January 2025

38,504