NLTK Holdings Limited 05412634 false 2024-05-01 2025-04-30 2025-04-30 The principal activity of the company is property rental Digita Accounts Production Advanced 6.30.9574.0 true true 05412634 2024-05-01 2025-04-30 05412634 2025-04-30 05412634 core:RetainedEarningsAccumulatedLosses 2025-04-30 05412634 core:ShareCapital 2025-04-30 05412634 core:CurrentFinancialInstruments 2025-04-30 05412634 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 05412634 core:Goodwill 2025-04-30 05412634 core:FurnitureFittings 2025-04-30 05412634 core:LandBuildings core:LongLeaseholdAssets 2025-04-30 05412634 core:LandBuildings core:OwnedOrFreeholdAssets 2025-04-30 05412634 bus:SmallEntities 2024-05-01 2025-04-30 05412634 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 05412634 bus:FullAccounts 2024-05-01 2025-04-30 05412634 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 05412634 bus:RegisteredOffice 2024-05-01 2025-04-30 05412634 bus:Director1 2024-05-01 2025-04-30 05412634 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05412634 core:Goodwill 2024-05-01 2025-04-30 05412634 core:FurnitureFittings 2024-05-01 2025-04-30 05412634 core:LandBuildings 2024-05-01 2025-04-30 05412634 countries:EnglandWales 2024-05-01 2025-04-30 05412634 2024-04-30 05412634 core:Goodwill 2024-04-30 05412634 core:FurnitureFittings 2024-04-30 05412634 core:LandBuildings core:LongLeaseholdAssets 2024-04-30 05412634 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-30 05412634 2023-05-01 2024-04-30 05412634 2024-04-30 05412634 core:RetainedEarningsAccumulatedLosses 2024-04-30 05412634 core:ShareCapital 2024-04-30 05412634 core:CurrentFinancialInstruments 2024-04-30 05412634 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 05412634 core:FurnitureFittings 2024-04-30 05412634 core:LandBuildings core:LongLeaseholdAssets 2024-04-30 05412634 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-30 iso4217:GBP xbrli:pure

Filleted

Registration number: 05412634

NLTK Holdings Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 April 2025

NLTK Holdings Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 7

NLTK Holdings Limited

Company Information

Director | Mrs Natalie Morgan

Registered office | Barclays Bank Chambers 18 High Street High Street Tenby Pembrokeshire SA70 7HD

NLTK Holdings Limited

(Registration number: 05412634)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 230,186 | 180,186
Investment property | 6 | - | 50,000
|  | 230,186 | 230,186
Current assets |  |  |
Debtors | 7 | 10,335 | 13,487
Cash at bank and in hand |  | 16,413 | 73,509
|  | 26,748 | 86,996
Creditors: Amounts falling due within one year | 8 | (2,902) | (11,066)
Net current assets |  | 23,846 | 75,930
Net assets |  | 254,032 | 306,116
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Profit and loss account |  | 253,032 | 305,116
Total equity |  | 254,032 | 306,116

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 16 January 2026

......................................... Mrs Natalie Morgan Director |  |

NLTK Holdings Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Barclays Bank Chambers
18 High Street
High Street
Tenby
Pembrokeshire
SA70 7HD

These financial statements were authorised for issue by the director on 16 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

NLTK Holdings Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Asset class | Depreciation method and rate
Land and buildings | 0%
Furniture and fittings | 15%

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

NLTK Holdings Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

NLTK Holdings Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 May 2024 | 34,000 | 34,000
At 30 April 2025 | 34,000 | 34,000
Amortisation
At 1 May 2024 | 34,000 | 34,000
At 30 April 2025 | 34,000 | 34,000
Carrying amount
At 30 April 2025 | - | -

Revalued assets for the year ended 30 April 2024

5 | Tangible assets

| Land and buildings £ | Long leasehold land and buildings £ | Fixtures and fittings £ | Total £
Cost or valuation
At 1 May 2024 | 188,320 | 41,866 | 7,440 | 237,626
At 30 April 2025 | 188,320 | 41,866 | 7,440 | 237,626
Depreciation
At 1 May 2024 | - | - | 7,440 | 7,440
At 30 April 2025 | - | - | 7,440 | 7,440
Carrying amount
At 30 April 2025 | 188,320 | 41,866 | - | 230,186
At 30 April 2024 | 138,320 | 41,866 | - | 180,186

Included within the net book value of land and buildings above is £188,320 (2024 - £138,320) in respect of freehold land and buildings and £41,866 (2024 - £41,866) in respect of long leasehold land and buildings.

NLTK Holdings Limited

Notes to the Financial Statements for the Year Ended 30 April 2025

6 | Investment properties

| 2025 £

There has been no valuation of investment property by an independent valuer.

7 | Debtors

| 2025 £ | 2024 £
Other debtors | 10,335 | 13,487
| 10,335 | 13,487

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Taxation and social security |  | 1,015 | 406
Directors' loan accounts | 10 | 383 | 8,409
Other creditors |  | 1,504 | 2,251
|  | 2,902 | 11,066

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Oridinary of £1 each | 1,000 | 1,000 | 1,000 | 1,000

10 | Related party transactions

At the reporting date, the company owed the director £381 (2024 : £8,407). This loan is interest free and repayable on demand.