Company registration number 07095302 (England and Wales)
NMP PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
NMP PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
NMP PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
41,407
-
0
Investment property
4
7,855,760
7,855,760
Investments
5
580
580
7,897,747
7,856,340
Current assets
Debtors
2,461,247
2,563,059
Cash at bank and in hand
114,747
93,407
2,575,994
2,656,466
Creditors: amounts falling due within one year
(136,217)
(334,016)
Net current assets
2,439,777
2,322,450
Total assets less current liabilities
10,337,524
10,178,790
Creditors: amounts falling due after more than one year
(3,167,195)
(2,822,487)
Provisions for liabilities
(57,950)
(57,950)
Net assets
7,112,379
7,298,353
Capital and reserves
Called up share capital
6
6,760,000
6,760,000
Non distributable reserves
8
312,885
312,885
Distributable profit and loss reserves
39,494
225,468
Total equity
7,112,379
7,298,353
NMP PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 30 June 2026 and are signed on its behalf by:
N Matoorian Pour
Director
Company Registration No. 07095302
NMP PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

NMP Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is Little Dene, Mount Road, Woking, Surrey, United Kingdom, GU22 0PY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
25% RBM

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Investment property

Investment properties are initially measured at cost and subsequently measured at fair value whilst a reliable measure of fair value is available without undue cost or effort. Changes in fair value are recognised in profit or

loss.

1.4
Fixed asset investments

Investments in subsidiary undertakings are recognised at cost.

Fixed asset investments are stated at cost less any provision for impairment.

NMP PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

NMP PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
NMP PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
3
Tangible fixed assets
Total
£
Cost
At 1 April 2025
-
0
Additions
55,209
At 31 March 2026
55,209
Depreciation and impairment
At 1 April 2025
-
0
Depreciation charged in the year
13,802
At 31 March 2026
13,802
Carrying amount
At 31 March 2026
41,407
At 31 March 2025
-
0
4
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
7,855,760

5
Fixed asset investments
2026
2025
£
£
Shares in group undertakings and participating interests
580
580
NMP PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
6
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £100 each
20
20
2,000
2,000
Ordinary B of £100 each
80
80
8,000
8,000
100
100
10,000
10,000
2026
2025
2026
2025
Preference share capital
Number
Number
£
£
Issued and fully paid
Preference shares of £1 each
6,750,000
6,750,000
6,750,000
6,750,000
Preference shares classified as equity
6,750,000
6,750,000
Total equity share capital
6,760,000
6,760,000
7
SECURED DEBTS

The following secured debts are included within creditors:

2026
2025
£
£
Bank loans
3,129,662
2,822,487
8
Non distributable reserves
2026
2025
£
£
At the beginning and end of the year
312,885
312,885
NMP PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
9
Related party transactions

During the period the company advanced funds totalling £32,000 (2025 - £662,939) to Matoorian Limited, a company under common control and of which Mr N Matoorian Pour is also a Director. Interest is being charged at 3.59% above the base rate, £82,111 (2025 - £81,332). Total interest now accrued is £828,215 (2025 - £746,104). The amount outstanding at the balance sheet date was £1,200,785 (2025 - £1,086,674).

During the year, £209,184 of the amount due from Waldemar Gardens Properties Limited, a company under common control, was written off as part of the settlement relating to the sale of land on Waldemar Avenue. No further amounts were advanced during the period (2025: £Nil). The balance outstanding at 31 March 2026 was £144,355 (2025: £352,539). No interest is charged on the outstanding balance.

During the period the company received funds totalling £43,000 (2025 - £73,000) from Homes Around Limited (Formerly My Direct Home Limited), a company under common control. The balance outstanding at 31 March 2026 was £76,905 payable (2025 - £33,905 payable). No interest is being charged.

During the period the director was repaid by the company £236,499, resulting in a balance due to the director of £57,640 (2025: £294,139 due from company) at the year end.

During the period, the company had a loan outstanding of £984,176 (2025 – £975,186) due from Mr J Matoorian Pour, the son of the director, Mr N Matoorian Pour. This constitutes a related party transaction. Interest is charged on the loan at a rate of 5.53% per annum. At the year end, accrued interest included two interest instalments that were received after the reporting date. The amount outstanding at 31 March 2026 was £984,176 (2025 – £975,186). The loan is unsecured and repayable on demand.

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