REGISTERED NUMBER: 06317682 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

NED MANAGEMENT LIMITED

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTOR:

Mr C Onuoha

REGISTERED OFFICE:

61 Mainway

Alkrington

Middleton

Manchester

M24 1LL

REGISTERED NUMBER:

06317682 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

BANKERS:

HSBC Bank plc

4 Hardman Square

Spinningfields

Manchester

M3 3EB

The director presents his report with the financial statements of the company for the year ended 31 July 2025.

PRINCIPAL ACTIVITIES

The principal activities of the company in the year under review were those of image rights management and income from property rentals.

DIRECTOR

Mr C Onuoha held office during the whole of the period from 1 August 2024 to the date of this report.

His beneficial interests in the shares of the company, according to the register of directors' interests, were as follows:

31.7.25

1.8.24

Ordinary shares of £1 each

1

1

Ordinary A shares of £1 each

1

1

He did not hold any beneficial interests in the Ordinary B shares of £1 each.

He did not hold any non-beneficial interests in any of the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr C Onuoha - Director

29 April 2026

FIXED ASSETS

Tangible assets

4

192

256

Investment property

5

577,000

1,236,500

577,192

1,236,756

CURRENT ASSETS

Debtors

6

11,518

10,336

Cash at bank and in hand

25,669

103,555

37,187

113,891

CREDITORS

Amounts falling due within one year

7

(52,063

)

(629,561

)

NET CURRENT LIABILITIES

(14,876

)

(515,670

)

TOTAL ASSETS LESS CURRENT LIABILITIES

562,316

721,086

PROVISIONS FOR LIABILITIES

(55,624

)

(117,294

)

NET ASSETS

506,692

603,792

CAPITAL AND RESERVES

Called up share capital

4

4

Fair value reserve

8

166,728

353,166

Retained earnings

339,960

250,622

SHAREHOLDERS' FUNDS

506,692

603,792

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2026 and were signed by:

Mr C Onuoha - Director

1.	STATUTORY INFORMATION

NED Management 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

The turnover and profit before taxation are attributable to the company's principal activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investment property

The investment property has been revalued to reflect current fair value at year end.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2024

and 31 July 2025

9,919

DEPRECIATION

At 1 August 2024

9,663

Charge for year

64

At 31 July 2025

9,727

NET BOOK VALUE

At 31 July 2025

192

At 31 July 2024

256

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,236,500

Disposals

(411,283

)

Revaluations

(248,217

)

At 31 July 2025

577,000

NET BOOK VALUE

At 31 July 2025

577,000

At 31 July 2024

1,236,500

Fair value at 31 July 2025 is represented by:

£

Valuation in 2025

(248,217

)

Valuation in 2023

(45,403

)

Valuation in 2022

37,000

Valuation in 2021

60,000

Valuation in 2020

103,000

Valuation in 2019

134,000

Valuation in 2018

3,000

Valuation in 2017

120,000

Valuation in 2016

58,924

Cost

354,696

577,000

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

31.7.25

31.7.24

£

£

Cost

354,696

765,979

Investment property was valued on an open market basis on 31 July 2023 by Ash Residential Limited .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

2,251

3,019

Other debtors

9,267

7,317

11,518

10,336

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

783

783

Taxation and social security

42,695

855

Other creditors

8,585

627,923

52,063

629,561

8.

RESERVES

Fair

value

reserve

£

At 1 August 2024

353,166

Transfer to fair value reserve

(186,438

)

At 31 July 2025

166,728

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Onuoha.