Registration number: 10514695

Niklu Investments Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Niklu Investments Limited

(Registration number: 10514695)
Balance Sheet as at 31 December 2025

	Note	2025 £		2024 £
Fixed assets
Tangible assets	4		3,271		3,069
Investment property	5		1,250,000		1,000,000
			1,253,271		1,003,069
Current assets
Debtors	6	29,688		25,574
Cash at bank and in hand		49,276		26,841
		78,964		52,415
Creditors: Amounts falling due within one year	7	(72,422)		(71,896)
Net current assets/(liabilities)			6,542		(19,481)
Total assets less current liabilities			1,259,813		983,588
Creditors: Amounts falling due after more than one year	7		(252,393)		(279,662)
Provisions for liabilities			(189,000)		(127,000)
Net assets			818,420		576,926
Capital and reserves
Called up share capital	11	100		100
Non-distributable reserve		570,663		382,663
Retained earnings		247,657		194,163
Shareholders' funds			818,420		576,926

Niklu Investments Limited

(Registration number: 10514695)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 May 2026 and signed on its behalf by:
 

......................................... S Jenkinson Director

Niklu Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

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

The address of its registered office is:
York House
Cottingley Business Park
Bradford
West Yorkshire
BD16 1PE

These financial statements were authorised for issue by the Board on 5 May 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including the disclosure and presentation requirements of Section 1A and the Companies Act 2006.

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.

The company's functional and presentation currency is pound sterling.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of rents and service charges.

The company recognises revenue when the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Niklu Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing balance
Office equipment	25% Straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. Valuations are based on 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.

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.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
 

Niklu Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

4	Tangible assets

	Plant and machinery  £	Office equipment £	Total £
Cost or valuation
At 1 January 2025	3,014	3,193	6,207
Additions	575	499	1,074
At 31 December 2025	3,589	3,692	7,281
Depreciation
At 1 January 2025	1,163	1,975	3,138
Charge for the year	357	515	872
At 31 December 2025	1,520	2,490	4,010
Carrying amount
At 31 December 2025	2,069	1,202	3,271
At 31 December 2024	1,851	1,218	3,069

5	Investment properties

	2025 £
At 1 January 2025	1,000,000
Fair value adjustments recognised in profit or loss	250,000
31 December 2025	1,250,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	2,763	180
Prepayments	26,925	25,394
	29,688	25,574

Niklu Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	20,000	20,000
Trade creditors		22,050	22,050
Taxation and social security		22,666	23,449
Accruals and deferred income		7,706	6,397
		72,422	71,896

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	252,393	279,662

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	252,393	279,662

Current loans and borrowings

	2025 £	2024 £
Other borrowings	20,000	20,000

Niklu Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,727,250 (2024 - £1,764,000). This commitment is in respect of ground rent.

10	Related party transactions

Expenditure with and payables to related parties

2025	Key management £
Amounts payable to related party	272,393

2024	Key management £
Amounts payable to related party	299,662

11	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	26	26	26	26
Ordinary B shares of £1 each	26	26	26	26
Ordinary C shares of £1 each	24	24	24	24
Ordinary D shares of £1 each	24	24	24	24
	100	100	100	100