N.A.L. Properties Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 06439976

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	201,196		201,196
Debtors	5	939		939
Cash at bank and in hand		1,239		1,239

		203,374		203,374
Creditors: Amounts Falling Due Within One Year	6	(207,467 )		(207,467 )

NET CURRENT ASSETS (LIABILITIES)			(4,093 )		(4,093 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,093 )		(4,093 )

NET LIABILITIES			(4,093 )		(4,093 )

CAPITAL AND RESERVES
Called up share capital	7		99		99
Profit and Loss Account			(4,192 )		(4,192 )

SHAREHOLDERS' FUNDS			(4,093)		(4,093)

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr Neil Lake

Director

31 December 2025

The notes on page 2 form part of these financial statements.

1. General Information

N.A.L. Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06439976 . The registered office is Pilgrim Suite, Ketteringham Hall, Church Road, Ketteringham , Wymondham, Norfolk, NR18 9RS.

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. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Stocks

	2024	2023
	£	£
Work in progress	201,196	201,196

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	939	939

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	207,467	207,467

Included within other creditors is a balance owed to the director. No interest is charged on this loan.

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	99	99

8. Related Party Transactions

As at 31 December 2024 N.A.L. Properties Ltd owed £8,300 to Merlinward Limited (2023: £8,300) a company under common control of the director Neil Lake. This loan is interest free.

As at 31 December 2024 N.A.L. Properties owed £99,430 to John Lake Shellfish Limited (2023: Nil), a company of which Neil Lake is a director. This loan is interest free.

Page 2