N. L. Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01642154 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

N. L. HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J Barton

Mrs S R Josty

SECRETARY:

Mrs S R Josty

REGISTERED OFFICE:

15 Ty Gwyn Crescent

Cyncoed

Cardiff

CF23 5JL

REGISTERED NUMBER:

01642154 (England and Wales)

FIXED ASSETS

Tangible assets

4

950,000

Investments

5

1,079,848

1,394,336

2,029,848

2,344,336

CURRENT ASSETS

Debtors

6

602,935

603,007

Cash at bank

476,667

84,514

1,079,602

687,521

CREDITORS

Amounts falling due within one year

7

1,585,938

1,585,838

NET CURRENT LIABILITIES

(506,336

)

(898,317

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,523,512

1,446,019

CAPITAL AND RESERVES

Called up share capital

150,076

Revaluation reserve

8

637,044

Retained earnings

736,392

658,899

SHAREHOLDERS' FUNDS

1,523,512

1,446,019

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 7 January 2026 and were signed on its behalf by:

Mrs J Barton - Director

1.	STATUTORY INFORMATION

N. L. Holdings 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 as modified by the revaluation of certain assets.

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 the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

in accordance with the property

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such impairment exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 August 2024

and 31 July 2025

950,000

NET BOOK VALUE

At 31 July 2025

950,000

At 31 July 2024

950,000

Cost or valuation at 31 July 2025 is represented by:

Freehold

property

£

Valuation in 1999

207,044

Valuation in 2006

380,000

Valuation in 2008

(125,000

)

Valuation in 2013

(50,000

)

Valuation in 2017

225,000

Cost

312,956

950,000

If the freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

312,956

Freehold land and buildings were valued on an open market basis on 31 July 2025 by the directors.

The freehold property has been revalued based on a valuation from the director which they feel to be appropriate to the open market value of the property.

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST OR VALUATION

At 1 August 2024

365,217

1,029,119

1,394,336

Disposals

-

(298,017

)

(298,017

)

Reclassification/transfer

-

(16,471

)

(16,471

)

At 31 July 2025

365,217

714,631

1,079,848

NET BOOK VALUE

At 31 July 2025

365,217

714,631

1,079,848

At 31 July 2024

365,217

1,029,119

1,394,336

Cost or valuation at 31 July 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

Valuation in 2015

-

540

Valuation in 2016

-

(1,877

)

(1,877

)

Valuation in 2017

-

1,144

Valuation in 2018

-

(235

)

(235

)

Valuation in 2019

-

(3,279

)

(3,279

)

Cost

365,217

718,338

1,083,555

365,217

714,631

1,079,848

List investments are £714,631 at cost. The market value of these investments at 31st July 2025 is £695,525.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Loans to related undertakings

602,935

603,007

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Social security and other taxes

(95

)

(95

)

Loans from related undertakings

1,446,000

Directors' current accounts

130,000

Accrued expenses

10,033

9,933

1,585,938

1,585,838

8.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

637,044

9.	RELATED PARTY DISCLOSURES

Mrs J. Barton and Mrs S. Josty are directors of Fast and Efficient Finance Limited. Amount due to Fast and Efficient Finance Limited is £1,446,000 (2024 - £1,446,000)

Mrs J. Barton and Mrs S. Josty are directors of J. Barton (Cardiff) Holdings Limited. Amount due from J. Barton (Cardiff) Holdings Limited is £602,935 (2024 - £603,007).

Mrs J. Barton is a director of N.L. Holdings Limited. Amount due to Mrs J. Barton is £130,000 (2024 - £130,000).

10.	ULTIMATE CONTROLLING PARTY

Mrs J. Barton is the ultimate controlling party.

The ultimate parent undertaking is J Barton (Cardiff) Holdings Limited.