REGISTERED NUMBER: 10051742 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

N Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Aslam

SECRETARY:

REGISTERED OFFICE:

357

Old Durham Road

Gateshead

Tyne and Wear

NE9 5LA

REGISTERED NUMBER:

10051742 (England and Wales)

FIXED ASSETS

Tangible assets

4

351,500

610,250

CURRENT ASSETS

Debtors

5

353,564

-

Cash at bank and in hand

20,814

28,821

374,378

28,821

CREDITORS

Amounts falling due within one year

6

288,603

287,961

NET CURRENT ASSETS/(LIABILITIES)

85,775

(259,140

)

TOTAL ASSETS LESS CURRENT LIABILITIES

437,275

351,110

CREDITORS

Amounts falling due after more than one year

7

257,940

222,947

NET ASSETS

179,335

128,163

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

179,235

128,063

SHAREHOLDERS' FUNDS

179,335

128,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 May 2026 and were signed by:

N Aslam - Director

1.	STATUTORY INFORMATION

N Properties 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.

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 each asset over its estimated useful life.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2025

610,250

Disposals

(258,750

)

At 31 March 2026

351,500

NET BOOK VALUE

At 31 March 2026

351,500

At 31 March 2025

610,250

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

353,564

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

(1

)

(2

)

Taxation and social security

13,348

9,372

Other creditors

275,256

278,591

288,603

287,961

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

181,325

181,232

Other creditors

76,615

41,715

257,940

222,947

Amounts falling due in more than five years:

Repayable by instalments

Bank loans Precise

43,501

46,493

MSF Loan

113,750

-

157,251

46,493