NENE PARADE 5 MGNT CO LTD - Filleted accounts

Registered number

13683052

NENE PARADE 5 MGNT CO LTD

Filleted Accounts

31 October 2025

NENE PARADE 5 MGNT CO LTD
Registered number:		13683052
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		671,539			609,555

Creditors: amounts falling due within one year	4	(730,026)			(676,235)

Net current liabilities			(730,026)			(676,235)

Net liabilities			(58,487)			(66,680)

Capital and reserves
Called up share capital			100			100
Revaluation reserve	5		157,977			95,993
Profit and loss account			(216,564)			(162,773)

Shareholders' funds			(58,487)			(66,680)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr B Alsen
Director
Approved by the board on 29 July 2026

NENE PARADE 5 MGNT CO LTD
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	In accordance with the Statement of Standard Accounting Practice no 19 , investment properties are to be valued at their open market value at the balance sheet date. Any surplus on revaluation is transferred to the investment property revaluation reserve. Any deficit is deducted from the investment property revaluation reserve, except for permanent diminutions in value which are charged to the profit and loss account

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Tangible fixed assets
				Land and buildings
£
	Cost
	At 1 November 2024			609,555
	Surplus on revaluation			61,984
	At 31 October 2025			671,539

	Depreciation
	At 31 October 2025			-

	Net book value
	At 31 October 2025			671,539
	At 31 October 2024			609,555


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Other creditors	730,026		676,235


5	Revaluation reserve	2025		2024
£			£

	At 1 November 2024	95,993		95,993
	Gain on revaluation of land and buildings	61,984		-

	At 31 October 2025	157,977		95,993


6	Controlling party

	The company was under the control of Mr B Alsen, the managing director and majority shareholder, during the year.


7	Other information

	NENE PARADE 5 MGNT CO LTD is a private company limited by shares and incorporated in England. Its registered office is:
	39 Grove Lane
	London
	England
	SE5 8SP