N1 PROPERTY MANAGEMENT LTD

N1 PROPERTY MANAGEMENT LTD
Statement of Financial Position
As at 31 August 2025

	2025		2024
	£	£	£	£
Called up share capital not paid		1,000		1,000
Fixed assets		619,329		0
Current assets	18		0
Creditors: amount falling due within one year	(184,164)		0
Net current assets		(184,146)		0
Total assets less current liabilities		436,183		1,000
Creditors: amount falling due after more than one year		(439,245)		0
Net assets		(3,062)		1,000


Capital and reserves		(3,062)		1,000

NOTES TO THE ACCOUNTS

General Information

N1 PROPERTY MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 15089622, registration address 20 WENLOCK ROAD, LONDON, N1 7GU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

At the balance sheet date the company had net current liabilities. The company is dependent on the support of its director, who has confirmed he will continue to provide such support. Therefore, the director feels it appropriate to prepare the financial statements on the going concern basis.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 September 2024	-	-
Additions	619,329	619,329
Disposals	-	-
At 31 August 2025	619,329	619,329
Depreciation
At 01 September 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 August 2025	-	-
Net book values
Closing balance as at 31 August 2025	619,329	619,329
Opening balance as at 01 September 2024	-	-

3.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

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

Director's 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 03 June 2026 and were signed by:

--------------------------------
Nzang Asare BAMPOE-WILSON
Director

Registered Number: 15089622
England and Wales
N1 PROPERTY MANAGEMENT LTD

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025