REGISTERED NUMBER: 08884594 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

NWT Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr David Anthony Torrible

REGISTERED OFFICE:

Units 9 & 10 Brickfields

Huyton Business Park

Huyton

Merseyside

L36 6HY

REGISTERED NUMBER:

08884594 (England and Wales)

FIXED ASSETS

Tangible assets

4

27,828

32,894

Investment property

5

1,905,000

1,905,000

1,932,828

1,937,894

CURRENT ASSETS

Debtors

6

5,668

5,558

Cash at bank

1,820

8,741

7,488

14,299

CREDITORS

Amounts falling due within one year

7

515,592

348,006

NET CURRENT LIABILITIES

(508,104

)

(333,707

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,424,724

1,604,187

CREDITORS

Amounts falling due after more than one year

8

(613,956

)

(848,715

)

PROVISIONS FOR LIABILITIES

(115,385

)

(116,349

)

NET ASSETS

695,383

639,123

CAPITAL AND RESERVES

Called up share capital

2

2

Non-distributable reserve

469,364

469,364

Retained earnings

226,017

169,757

695,383

639,123

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 20 December 2025 and were signed by:

Mr David Anthony Torrible - Director

1.	STATUTORY INFORMATION

NWT Estates 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.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

51,420

2,258

53,678

DEPRECIATION

At 1 April 2024

19,842

942

20,784

Charge for year

4,737

329

5,066

At 31 March 2025

24,579

1,271

25,850

NET BOOK VALUE

At 31 March 2025

26,841

987

27,828

At 31 March 2024

31,578

1,316

32,894

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,905,000

NET BOOK VALUE

At 31 March 2025

1,905,000

At 31 March 2024

1,905,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

5,668

5,558

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

232,449

38,439

Taxation and social security

40,196

46,129

Other creditors

242,947

263,438

515,592

348,006

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

613,956

848,715

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

846,405

887,154

Mortgage from Lloyds Bank PLC with a nominal interest rate of 3.2% over Base Rate. The final installment is due on 1 January 2037.The carrying amount at the year end is £649,955.

Lloyds Bank PLC have a fixed and floating charge over Units ( & 10 Brickfields Trading Estate.

Mortgage from Lloyds Bank PLC with a nominal interest rate of 6.11% The final installment is due on 30 June 2025. The carrying amount at the year end is £196,449.

Lloyds Bank PLC have a fixed charge over all of the residential properties and other assets of the company..

10.	RELATED PARTY DISCLOSURES

NWT Estates Limited and North West Tea Services Limited are under common control. During the year unsecured loans were made between the companies, interest free and payable on demand.

Loans (from)/to related parties

2025

2024

£

£

At start of the period

(96,824

)

(105,524

)

Movement

19,902

8,700

At the end of the period

(76,922

)

(96,824

)

During the year there was also the provision of a lease between the related parties

Income and receivables from related parties

2025

2024

£

£

Leases

72,406

68,350

NWT Estates Limited and UK Business Supplies Limited are under common control. During the year unsecured loans were made between the companies, interest free and payable on demand.

Loans (from)/to related parties

2025

2024

£

£

At start of the period

4,410

(150,990

)

Movement

1,400

155,400

At the end of the period

5,810

4,410

During the year there was also the provision of a lease between the related parties

Income and receivables from related parties

2025

2024

£

£

Leases

38,938

48,827