REGISTERED NUMBER: 10014483 (England and Wales)

N.A.N. PROPERTIES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mr Naveed Anjam Jhinjer

Mr Mohammed Zulfiqar

SECRETARY:

Mrs Bismillah Zulfiqar

REGISTERED OFFICE:

345 Heath Sreet

Smethwick

West Midlands

B66 2QY

REGISTERED NUMBER:

10014483 (England and Wales)

AUDITORS:

Shareef

Statutory Auditors

4 Highlands Court

Cranmore Avenue

Solihull

West Midlands

B90 4LE

ACCOUNTANTS:

BAY Accountants Ltd

Soho House

362 - 364 Soho Road

Birmingham

B21 9QL

FIXED ASSETS

Investment property

4

2,562,506

2,149,999

CURRENT ASSETS

Debtors

5

324,368

266,658

Cash at bank

172,276

75,792

496,644

342,450

CREDITORS

Amounts falling due within one year

6

2,228,298

1,769,961

NET CURRENT LIABILITIES

(1,731,654

)

(1,427,511

)

TOTAL ASSETS LESS CURRENT LIABILITIES

830,852

722,488

PROVISIONS FOR LIABILITIES

64,228

46,513

NET ASSETS

766,624

675,975

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

192,683

184,397

Retained earnings

573,841

491,478

766,624

675,975

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 April 2026 and were signed on its behalf by:

Mr Mohammed Zulfiqar - Director

1.	STATUTORY INFORMATION

N.A.N. PROPERTIES 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.

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,149,999

Additions

386,507

Revaluations

26,000

At 31 March 2025

2,562,506

NET BOOK VALUE

At 31 March 2025

2,562,506

At 31 March 2024

2,149,999

Fair value at 31 March 2025 is represented by:

£

Valuation in 2019

65,032

Valuation in 2020

128,000

Valuation in 2021

(37,000

)

Valuation in 2022

30,878

Valuation in 2023

27,000

Valuation in 2024

17,000

Valuation in 2025

26,000

Cost

2,305,596

2,562,506

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

324,000

265,000

Other debtors

368

1,658

324,368

266,658

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

-

1,739,500

Amounts owed to related companies

2,192,500

-

Taxation and social security

27,435

26,223

Other creditors

8,363

4,238

2,228,298

1,769,961

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

184,397

Fair Value

26,000

Deferred Tax

(17,714

)

At 31 March 2025

192,683

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Naeem Shareef (Senior Statutory Auditor)

for and on behalf of Shareef

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of this company, up to 17 February 2025, was BJ Cheese (Holdings) Limited.

From 17 February 2025, the ultimate controlling party is Khaspaze Nan Holdings Limited.