N H PROPERTY LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04489726

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		183		275
Investment Properties	5		1,315,000		1,315,000

			1,315,183		1,315,275
CURRENT ASSETS
Debtors	6	5,037		4,150
Cash at bank and in hand		62,887		51,901

		67,924		56,051
Creditors: Amounts Falling Due Within One Year	7	(218,399 )		(197,609 )

NET CURRENT ASSETS (LIABILITIES)			(150,475 )		(141,558 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,164,708		1,173,717

Creditors: Amounts Falling Due After More Than One Year	8		(440,434 )		(440,293 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(96,056 )		(96,056 )

NET ASSETS			628,218		637,368

CAPITAL AND RESERVES
Called up share capital	9		2		2
Revaluation reserve	10		665,427		665,427
Profit and Loss Account			(37,211 )		(28,061 )

SHAREHOLDERS' FUNDS			628,218		637,368

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N H PROPERTY LTD

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Glynis Weston

Director

02/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

N H PROPERTY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 04489726 . The registered office is 4 Tyne View, Newcastle upon Tyne, NE15 8DE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery
	£
Cost or Valuation
As at 1 April 2024	6,087

As at 31 March 2025	6,087

Depreciation
As at 1 April 2024	5,812
Provided during the period	92

As at 31 March 2025	5,904

...CONTINUED

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N H PROPERTY LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	183

As at 1 April 2024	275

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	1,315,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	649,573	649,573

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	5,037	4,150

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	(1 )
Other taxes and social security	654	206
Accruals and deferred income	7,811	7,546
Directors' loan accounts	209,934	189,858

	218,399	197,609

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	440,434	440,293

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	665,427

As at 31 March 2025	665,427

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