Nascot Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 00519720

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,058,094		1,036,249

			1,058,094		1,036,249
CURRENT ASSETS
Debtors	5	163,913		166,111
Investments	6	2,533		2,534
Cash at bank and in hand		67,063		37,982

		233,509		206,627
Creditors: Amounts Falling Due Within One Year	7	(26,997 )		(26,679 )

NET CURRENT ASSETS (LIABILITIES)			206,512		179,948

TOTAL ASSETS LESS CURRENT LIABILITIES			1,264,606		1,216,197

NET ASSETS			1,264,606		1,216,197

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			1,264,506		1,216,097

SHAREHOLDERS' FUNDS			1,264,606		1,216,197

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Nascot Properties Limited

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Iain Jefferis

Director

10/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Nascot Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00519720 . The registered office is Unit 7, Hilfield Park, Hilfield Lane, Aldenham, Watford, Herts, WD25 8DB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Rental income from freehold properties is recognised in the profit and loss account on a straight line basis over the terms of the lease.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No Depreciation
Plant & Machinery	25% on straight line basis
Motor Vehicles	25% on straight line basis

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 June 2025	1,021,092	41,732	16,582	1,079,406
Additions	-	-	35,781	35,781
Disposals	-	-	(16,582 )	(16,582 )

As at 31 May 2026	1,021,092	41,732	35,781	1,098,605

Depreciation
As at 1 June 2025	-	28,177	14,980	43,157
Provided during the period	-	3,389	8,945	12,334
Disposals	-	-	(14,980 )	(14,980 )

As at 31 May 2026	-	31,566	8,945	40,511

...CONTINUED

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Nascot Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

Net Book Value
As at 31 May 2026	1,021,092	10,166	26,836	1,058,094

As at 1 June 2025	1,021,092	13,555	1,602	1,036,249

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,075	-
Other debtors	162,838	166,111

	163,913	166,111

6. Current Asset Investments

	2026	2025
	£	£
Unlisted investments	2,533	2,534

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	-	7,030
Other creditors	13,226	18,111
Taxation and social security	13,771	1,538

	26,997	26,679

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

Amounts owed by associated company includes amounts due from True Belief Ltd of £145,000 (2025 £145,000). True Belief Ltd is a related company by virtue of common director.

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