REGISTERED NUMBER: 09810149 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

N & I HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I S Toot

SECRETARY:

Ms N K Toot

REGISTERED OFFICE:

2 The Links

Herne Bay

Kent

CT6 7GQ

BUSINESS ADDRESS:

Keele House

178 High Street

Ramsgate

Kent

CT11 9TS

REGISTERED NUMBER:

09810149 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

2 The Links

HERNE BAY

Kent

CT6 7GQ

FIXED ASSETS

Intangible assets

5

2,000

25,500

Tangible assets

6

27,548

34,457

Investments

7

200

589,721

Investment property

8

1,945,000

1,615,225

1,974,748

2,264,903

CURRENT ASSETS

Debtors

9

3,060,948

990,809

Cash at bank

12,195

438,561

3,073,143

1,429,370

CREDITORS

Amounts falling due within one year

10

1,199,546

346,656

NET CURRENT ASSETS

1,873,597

1,082,714

TOTAL ASSETS LESS CURRENT LIABILITIES

3,848,345

3,347,617

CREDITORS

Amounts falling due after more than one year

11

(1,299,395

)

(1,358,132

)

PROVISIONS FOR LIABILITIES

(163,854

)

(63,184

)

NET ASSETS

2,385,096

1,926,301

CAPITAL AND RESERVES

Called up share capital

13

100

100

Fair value reserve

14

470,900

241,453

Retained earnings

1,914,096

1,684,748

SHAREHOLDERS' FUNDS

2,385,096

1,926,301

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 20th May 2026 and were signed by:

I S Toot - Director

1.	STATUTORY INFORMATION

N & I Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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 provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about N & I Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amounts paid in connection with the acquisition of businesses in 2016, 2017 and 2018, is being amortised evenly over their estimated useful lives of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Going concern

The Director has given due consideration to the current company trading operations and, as a result, the accounts are prepared on the going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2025

and 31st January 2026

235,000

AMORTISATION

At 1st February 2025

209,500

Amortisation for year

23,500

At 31st January 2026

233,000

NET BOOK VALUE

At 31st January 2026

2,000

At 31st January 2025

25,500

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st February 2025

60,041

57,090

117,131

Additions

1,467

-

1,467

At 31st January 2026

61,508

57,090

118,598

DEPRECIATION

At 1st February 2025

51,007

31,667

82,674

Charge for year

2,020

6,356

8,376

At 31st January 2026

53,027

38,023

91,050

NET BOOK VALUE

At 31st January 2026

8,481

19,067

27,548

At 31st January 2025

9,034

25,423

34,457

7.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st February 2025

589,721

Disposals

(589,521

)

At 31st January 2026

200

NET BOOK VALUE

At 31st January 2026

200

At 31st January 2025

589,721

Cost or valuation at 31st January 2026 is represented by:

Other

investments

£

Valuation in 2026

200

8.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2025

1,615,225

Revaluations

329,775

At 31st January 2026

1,945,000

NET BOOK VALUE

At 31st January 2026

1,945,000

At 31st January 2025

1,615,225

The director has good knowledge of local property values and after due consideration of this, the freehold properties have been revalued based upon this experience of local property prices.

Had investment property not been revalued, it would be held at historic cost of £1,241,685.

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

586,358

126,724

Other debtors

2,474,590

864,085

3,060,948

990,809

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

41,538

30,927

Hire purchase contracts

9,583

9,996

Trade creditors

-

8,500

Amounts owed to group undertakings

106,304

19,233

Taxation and social security

33,112

72,488

Other creditors

1,009,009

205,512

1,199,546

346,656

11.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

1,296,712

1,345,865

Hire purchase contracts

2,683

12,267

1,299,395

1,358,132

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,986

12.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Metro Bank PLC

1,312,437

1,345,022

Metro Bank plc has a fixed charge over the investment properties held by the company.

In addition to the fixed charges, Metro Bank plc also holds a fixed and floating charge over all other assets of the company.

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

14.

RESERVES

Fair

value

reserve

£

At 1st February 2025

241,453

Transfer from profit and loss

229,447

At 31st January 2026

470,900

15.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2026 and 31st January 2025:

2026

2025

£

£

I S Toot

Balance outstanding at start of year

(89,753

)

68,716

Amounts advanced

65,633

82,564

Amounts repaid

(120,720

)

(241,033

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(144,840

)

(89,753

)

16.	RELATED PARTY DISCLOSURES

Within other debtors are the following transactions:

£95,760 which has been loaned to N & I Investments Ltd. A company in which Mr I Toot owns 50% of the issued share capital.

£2,343,483 which has been loaned to Anaya Assets Ltd. A company in which Mr I Toot owns 50% of the issued share capital.

Within other creditors are the following transactions:

£852,711 which has been loaned by 61 Godwin Road Freehold Ltd. A company in which Mr I Toot is a director.

17.	POST BALANCE SHEET EVENTS

On 30 April 2026, the company acquired the share capital of St Peter's Home Limited and the freehold property that the home trades from for £3.65m. The purchase has been supported by a refinance from Metro Bank Plc.