Company Registration No. 15250077 (England and Wales)
N & N Property East Anglia Limited
Unaudited accounts
for the year ended 31 October 2025
N & N Property East Anglia Limited
Unaudited accounts
Contents
N & N Property East Anglia Limited
Company Information
for the year ended 31 October 2025
Directors
Nikkita Gostling
Nathan Gostling
Company Number
15250077 (England and Wales)
Registered Office
12 Norwich Street
Dereham
Norfolk
NR19 1BX
England
Accountants
Arithmo Accountancy Ltd
Meadow Barn
Low Road
North Tuddenham, Dereham
NORFOLK
NR20 3AB
N & N Property East Anglia Limited
Statement of financial position
as at 31 October 2025
Investment property
87,441
83,941
Cash at bank and in hand
18,212
8,448
Creditors: amounts falling due within one year
(66,933)
(77,074)
Net current liabilities
(4,020)
(67,904)
Total assets less current liabilities
102,618
28,967
Creditors: amounts falling due after more than one year
(60,000)
-
Provisions for liabilities
Deferred tax
(4,706)
(2,850)
Called up share capital
100
100
Profit and loss account
37,812
26,017
Shareholders' funds
37,912
26,117
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
Nathan Gostling
Director
Company Registration No. 15250077
N & N Property East Anglia Limited
Notes to the Accounts
for the year ended 31 October 2025
N & N Property East Anglia Limited is a private company, limited by shares, registered in England and Wales, registration number 15250077. The registered office is 12 Norwich Street, Dereham, Norfolk, NR19 1BX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments in Tangible Assets
Assets purchased as an investment are classified as non-current investments and are stated at cost less any provision for impairment.
These assets are held for their long-term capital value and are not intended for resale in the normal course of business. The carrying value is reviewed annually for indicators of impairment. Where there is evidence that the asset’s value is less than its carrying amount, an impairment loss is recognised in the profit and loss account.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
N & N Property East Anglia Limited
Notes to the Accounts
for the year ended 31 October 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
Fair value at 1 November 2024
83,941
Net gain from fair value adjustments
3,500
6
Investments
Other investments
Valuation at 1 November 2024
12,930
Valuation at 31 October 2025
12,930
Amounts falling due within one year
Accrued income and prepayments
842
722
N & N Property East Anglia Limited
Notes to the Accounts
for the year ended 31 October 2025
8
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
911
3,253
Other creditors
65,000
65,000
Loans from directors
-
1,164
9
Creditors: amounts falling due after more than one year
2025
2024
At 31 October 2025, the directors owed the company £43,334 (2024: £0). The balance is unsecured and repayable on demand.
11
Transactions with related parties
At the year end, the company had an outstanding unsecured, interest-free loan of £65,000 (2024: £65,000) from a company with which one of the directors is connected. The loan is repayable on demand. No guarantees have been given or received in respect of this loan.
12
Average number of employees
During the year the average number of employees was 0 (2024: 0).