REGISTERED NUMBER: 13554535 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

NK LETTINGS LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

N Al-Shatri

K Manwani Tolani

REGISTERED OFFICE:

8 Firs Park Crescent

Aspull

Wigan

WN2 2SJ

REGISTERED NUMBER:

13554535 (England and Wales)

ACCOUNTANTS:

Hunter & Co.

Chartered Accountants

415 Blackburn Road

Bolton

BL1 8NJ

FIXED ASSETS

Investment property

4

235,000

206,609

CURRENT ASSETS

Debtors

5

1,395

750

Cash at bank

10,838

7,225

12,233

7,975

CREDITORS

Amounts falling due within one year

6

(68,065

)

(67,750

)

NET CURRENT LIABILITIES

(55,832

)

(59,775

)

TOTAL ASSETS LESS CURRENT LIABILITIES

179,168

146,834

CREDITORS

Amounts falling due after more than one year

7

(130,070

)

(134,170

)

NET ASSETS

49,098

12,664

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

49,096

12,662

49,098

12,664

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 28 May 2026 and were signed on its behalf by:

N Al-Shatri - Director

K Manwani Tolani - Director

1.	STATUTORY INFORMATION

NK Lettings 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment Property,which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at its fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. No formal valuation has taken place during the year by a professional independent valuer.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

206,609

Revaluations

28,391

At 31 August 2025

235,000

NET BOOK VALUE

At 31 August 2025

235,000

At 31 August 2024

206,609

Fair value at 31 August 2025 is represented by:

£

Valuation in 2025

235,000

Investment properties are valued by the directors at fair value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,395

750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,260

6,160

Trade creditors

-

439

Taxation and social security

2,121

1,906

Other creditors

59,684

59,245

68,065

67,750

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

130,070

134,170

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

105,031

109,528