REGISTERED NUMBER: 13182281 (England and Wales)

NAOO INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N R Fry

Ms R Fry

B Smith

SECRETARY:

N Luff

REGISTERED OFFICE:

1 Church Walk

Tenbury Wells

Worcestershire

WR15 8HT

REGISTERED NUMBER:

13182281 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

FIXED ASSETS

Investments

4

435,311

-

CURRENT ASSETS

Debtors

5

226,617

1,723

Cash at bank and in hand

505,948

2,480,723

732,565

2,482,446

CREDITORS

Amounts falling due within one year

6

48,342

34,269

NET CURRENT ASSETS

684,223

2,448,177

TOTAL ASSETS LESS CURRENT LIABILITIES

1,119,534

2,448,177

CAPITAL AND RESERVES

Called up share capital

6

12

Share premium

1,282,669

2,565,338

Retained earnings

(163,141

)

(117,173

)

1,119,534

2,448,177

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 17 March 2026 and were signed on its behalf by:

N R Fry - Director

1.	STATUTORY INFORMATION

NAOO Investments Ltd 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.

Critical accounting judgements and key sources of estimation uncertainty

In preparing the financial statements of the company, the directors are required to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenditure.

After careful review, the directors confirm that there are no critical accounting judgements or key sources of estimation uncertainty that have had a material impact on the company’s financial statements for the year.

Turnover

Income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably.

Interest income is recognised on an accruals basis.

Dividend income is recognised when the right to receive payment is established.

Admin and secretarial fees are recognised as and when these services are performed for the customers.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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.

Leasing commitments

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

Change in principle activity

During the year, the company's principle activity changed. Originally, this was to purchase, hold and manage land and/or buildings to generate rental income and capital appreciation. This has now changed to investing in equities and bond funds to generate income through dividends, interest and unrealised gains.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

435,311

At 31 August 2025

435,311

NET BOOK VALUE

At 31 August 2025

435,311

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

63,873

-

Other debtors

-

261

Directors' current accounts

138,937

-

Deferred tax asset

23,546

-

Prepayments and accrued income

261

1,462

226,617

1,723

The amounts owed by group undertakings are repayable on demand and bears interest at the EURIBOR (6 month) plus 1%. The EURIBOR rate as at the 31 August 2025 was 2.086%.

Included in the prior year other debtors balance was £261 owed from CHB Enterprises Ltd. CHB Enterprises Ltd are an associated company with a common shareholding.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

127

27,533

Corporation tax

46,891

-

Other creditors

-

3,419

Accrued expenses

1,324

3,317

48,342

34,269

7.	DEFERRED TAX

£

Future tax losses b/fwd

(24,543

)

Unrealised gain on investments

997

Balance at 31 August 2025

(23,546

)

A deferred tax provision has been recognised for expected future tax liabilities on the sale of listed investments purchased in the year.

A deferred tax asset has been recognised for the utilisation of brought forward losses on expected future taxable profits.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

N R Fry

Balance outstanding at start of year

-

3,489

Amounts advanced

138,937

-

Amounts repaid

-

(3,489

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

138,937

-

Interest on the directors current account is charged at 2.25% There are no fixed repayment terms.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N R Fry.