REGISTERED NUMBER: 00814607

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

NIK INVESTMENTS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mr K A Choonara

Mr N Choonara

REGISTERED OFFICE:

235 Barton Road

Stretford

Manchester

M32 9RB

REGISTERED NUMBER:

00814607

ACCOUNTANTS:

Hanley & Co

Chartered Accountants

Ground Floor 7 Neptune Court

Hallam Way

Whitehills Business Park

Blackpool

Lancashire

FY4 5LZ

FIXED ASSETS

Property, plant and equipment

4

317

454

Investment property

5

350,000

350,000

350,317

350,454

CURRENT ASSETS

Debtors

375

346

Cash at bank

5,458

14,872

5,833

15,218

CREDITORS

Amounts falling due within one year

4,991

9,403

NET CURRENT ASSETS

842

5,815

TOTAL ASSETS LESS CURRENT LIABILITIES

351,159

356,269

PROVISIONS FOR LIABILITIES

6

45,250

45,250

NET ASSETS

305,909

311,019

CAPITAL AND RESERVES

Called up share capital

55

55

Non-distributable reserve

7

283,275

283,275

Retained earnings

22,579

27,689

SHAREHOLDERS' FUNDS

305,909

311,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 5 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

Mr N Choonara - Director

1.	STATUTORY INFORMATION

Nik Investments Limited is a private company, limited by shares , registered in Not specified/Other. 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 represents the value of rents received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Investment property

The investment properties are accounted for under FRS 102, Section 16 Investment Property.

The investment properties are remeasured to fair value at each balance sheet date, with fair value gains and losses being reported in the profit and loss. Investment properties are valued on an estimated open market basis by the director.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 6 April 2024

and 5 April 2025

12,470

DEPRECIATION

At 6 April 2024

12,016

Charge for year

137

At 5 April 2025

12,153

NET BOOK VALUE

At 5 April 2025

317

At 5 April 2024

454

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

and 5 April 2025

350,000

NET BOOK VALUE

At 5 April 2025

350,000

At 5 April 2024

350,000

Fair value at 5 April 2025 is represented by:

£

Valuation in 2004

132,990

Valuation in 2013

40,000

Valuation in 2014

16,000

Valuation in 2018

145,000

Cost

16,010

350,000

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

16,010

16,010

Fixed asset investments were valued on an open market basis on 5 April 2024 by the director, Mr N Choonara .

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

45,250

45,250

Deferred

tax

£

Balance at 6 April 2024

45,250

Revaluation of properties

Balance at 5 April 2025

45,250

7.

RESERVES

Non-distribut

reserve

£

At 6 April 2024

and 5 April 2025

283,275

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Creditors - less than one year - includes a directors loan account of £3,441 owed by the company (2024 - £3,350).

9.

TAXATION

Tax on profits:

2025

2024

£

£

Corporation Tax

(1,138

)

1,674

Deferred Tax On Property Revaluation

-

-

(1,138

)

1,674

10.	RETAINED PROFITS MOVEMENT

Profit & Loss Reserve

Non-Distributa ble Reserve

Total

£

£

£

LOSS BEFORE TAXATION

(6,134

)

-

(6,134

)

Corporation Tax Refundable

1,138

-

1,138

RETAINED LOSS FOR YEAR

(4,996

)

-

(4,996

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nik Investments Limited for the year ended 5 April 2025 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Nik Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nik Investments Limited and state those matters that we have agreed to state to the Board of Directors of Nik Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nik Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Nik Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Nik Investments Limited. You consider that Nik Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nik Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hanley & Co

Chartered Accountants

Ground Floor 7 Neptune Court

Hallam Way

Whitehills Business Park

Blackpool

Lancashire

FY4 5LZ

22 December 2025