REGISTERED NUMBER: 05876271 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

T. NEVILL PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P A Nevill

Mrs K Nevill

SECRETARY:

Mrs K Nevill

REGISTERED OFFICE:

Unit 3 The Orbital Centre

Cockerell Close

Stevenage

Hertfordshire

SG1 2NB

REGISTERED NUMBER:

05876271 (England and Wales)

ACCOUNTANTS:

Gary J Cansick & Co

Chartered Accountants

Janelle House

6 Hartham Lane

Hertford

Hertfordshire

SG14 1QN

FIXED ASSETS

Investment property

4

481,895

481,895

CURRENT ASSETS

Debtors

5

1,001

4,975

Cash at bank

1,976

11,656

2,977

16,631

CREDITORS

Amounts falling due within one year

6

332,361

358,946

NET CURRENT LIABILITIES

(329,384

)

(342,315

)

TOTAL ASSETS LESS CURRENT LIABILITIES

152,511

139,580

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

152,510

139,579

SHAREHOLDERS' FUNDS

152,511

139,580

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 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement 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:

Mrs K Nevill - Director

Mr P A Nevill - Director

1.	STATUTORY INFORMATION

T. Nevill 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents rental income receivable net of value added tax.

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 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

481,895

NET BOOK VALUE

At 31 March 2025

481,895

At 31 March 2024

481,895

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

4,092

Other debtors

1,001

883

1,001

4,975

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

3,713

27,427

Taxation and social security

4,865

9,475

Other creditors

323,783

322,044

332,361

358,946

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

3,713

27,427

The secured debt is in relation to the mortgage with The Royal Bank of Scotland PLC, which has a charge over the commercial property held by the company.

8.	RELATED PARTY DISCLOSURES

T. Nevill & Co. (Engineers) Limited

A company under common control

During the period the company rented commercial premises to the related party for the sum of £20,460 (2024 £40,920).

At the balance sheet date the company owed £319,898 (2024 £319,898) to the related party.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs P A Nevill, by reason of their joint shareholding.