NEVERWHEREUK LTD

Company Registration Number:
13307020 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2026

Period of accounts

Start date: 01 April 2025

End date: 31 March 2026

NEVERWHEREUK LTD

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Notes

NEVERWHEREUK LTD

Balance sheet

As at 31 March 2026


Notes
2026
2025


£
£
Fixed assets
Investments: 3 234,049 234,049
Total fixed assets: 234,049 234,049
Current assets
Debtors:   1,720 4,733
Cash at bank and in hand: 2,906 21
Total current assets: 4,626 4,754
Creditors: amounts falling due within one year:   (221,364) (220,954)
Net current assets (liabilities): (216,738) (216,200)
Total assets less current liabilities: 17,311 17,849
Total net assets (liabilities): 17,311 17,849
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 17,310 17,848
Shareholders funds: 17,311 17,849

The notes form part of these financial statements

NEVERWHEREUK LTD

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 July 2026
and signed on behalf of the board by:

Name: Mr A Hobbs
Status: Director

The notes form part of these financial statements

NEVERWHEREUK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation

Other accounting policies

Fair Value At 1 April 2025 and 31 March 2026 £234,049 Investment property comprises of 67 Exon Apartments, Mercury Gardens, Essex RM1 3HF. The fair value of the investment property has been arrived at on the basis of a valuation carried out by H M Revenue & Customs on 12th May 2021, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties

NEVERWHEREUK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

2. Employees

2026 2025
Average number of employees during the period 1 1

NEVERWHEREUK LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Fixed investments

Investment Properties Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss As Lessor - operating leases the operating leases represent leases to third parties. The leases are negotiated every year and rentals are reviewed 2 months before the 1 year lease expires