REGISTERED NUMBER: 10481754 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Nick Stevens Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Stevens

REGISTERED OFFICE:

33 Eccles Road

London

SW11 1LZ

REGISTERED NUMBER:

10481754 (England and Wales)

ACCOUNTANTS:

Rowans KS

Chartered Accountants

4 Gibbs Hill

Headcorn

Ashford

TN27 9UD

FIXED ASSETS

Tangible assets

4

-

571

Investments

5

1

1

Investment property

6

3,131,140

3,043,800

3,131,141

3,044,372

CURRENT ASSETS

Debtors

7

97,630

25,356

Investments

8

30,396

-

Cash at bank

9,534

8,927

137,560

34,283

CREDITORS

Amounts falling due within one year

9

68,297

102,097

NET CURRENT ASSETS/(LIABILITIES)

69,263

(67,814

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,200,404

2,976,558

CREDITORS

Amounts falling due after more than one year

10

(852,126

)

(874,951

)

PROVISIONS FOR LIABILITIES

(236,125

)

(237,036

)

NET ASSETS

2,112,153

1,864,571

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,112,152

1,864,570

2,112,153

1,864,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 16 December 2025 and were signed by:

N Stevens - Director

1.	STATUTORY INFORMATION

Nick Stevens Properties 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

8,631

DEPRECIATION

At 1 December 2024

8,060

Charge for year

571

At 30 November 2025

8,631

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

571

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 December 2024

and 30 November 2025

1

NET BOOK VALUE

At 30 November 2025

1

At 30 November 2024

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

3,043,800

Additions

90,981

Revaluations

(3,641

)

At 30 November 2025

3,131,140

NET BOOK VALUE

At 30 November 2025

3,131,140

At 30 November 2024

3,043,800

Fair value at 30 November 2025 is represented by:

£

Valuation in 2017

(466

)

Valuation in 2018

111,768

Valuation in 2019

39,241

Valuation in 2020

11,427

Valuation in 2021

414,765

Valuation in 2022

187,972

Valuation in 2023

(58,153

)

Valuation in 2024

241,588

Valuation in 2025

(3,641

)

Cost

2,186,639

3,131,140

If the investment properties had not been revalued 46 would have been included at the following historical cost:

30.11.25

30.11.24

£

£

Cost

2,186,639

2,095,657

Investment properties - 46 valued on an open market basis on 7 November 2025 by reference to online data .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Other debtors

97,630

25,356

8.	CURRENT ASSET INVESTMENTS

30.11.25

30.11.24

£

£

Other

30,396

-

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

6,960

6,911

Taxation and social security

50,286

45,776

Other creditors

11,051

49,410

68,297

102,097

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

217,935

33,612

Other creditors

634,191

841,339

852,126

874,951

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £31,500 were paid to the director .

Creditors due after more than one year include £557,899 in respect of a loan from a director and £76,292 in respect of a loan from a subsidiary. The director has deferred repayment of the respective loans until on or after 1 December 2026 at the earliest.