| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2026 |
| for |
| N18 INVESTMENTS LTD |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2026 |
| for |
| N18 INVESTMENTS LTD |
| N18 INVESTMENTS LTD (Registered number: 14812169) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| N18 INVESTMENTS LTD |
| Company Information |
| for the Year Ended 30 April 2026 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| Chartered Accountant |
| 12 Beverley Gardens |
| London |
| NW11 9DG |
| N18 INVESTMENTS LTD (Registered number: 14812169) |
| Balance Sheet |
| 30 April 2026 |
| 30.4.26 | 30.4.25 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director and authorised for issue on |
| N18 INVESTMENTS LTD (Registered number: 14812169) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2026 |
| 1. | STATUTORY INFORMATION |
| N18 INVESTMENTS LTD is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover represents rents received. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| N18 INVESTMENTS LTD (Registered number: 14812169) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2026 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 May 2025 |
| and 30 April 2026 |
| NET BOOK VALUE |
| At 30 April 2026 |
| At 30 April 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.26 | 30.4.25 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.26 | 30.4.25 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.26 | 30.4.25 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 May 2025 | ( |
) |
| Deficit for the year | ( |
) |
| At 30 April 2026 | ( |
) |
| N18 INVESTMENTS LTD (Registered number: 14812169) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2026 |
| 9. | RELATED PARTY DISCLOSURES |
| Other Debtors includes a loan due from N6 Investment Ltd for £211,375 (2025: £292,985), and a loan due from White Megalith Ltd for £191,264 (2025: £30,484), and a loan due from Painter Estate 1 Ltd for £4,000 (2025: £4,000), and a loan due from Moundgold Ltd for £2,100 (2025: £2,100). |
| Mr M Friedman is a Director and Shareholder of N6 Investment, White Megalith, Painter Estate 1 and Moundgold Limited. |
| Other Creditors includes a loan due to Painter Estate 2 Ltd for £26,380 (2025: £26,380), and a loan due to Lord Rook Wood Ltd for £7,500 (2025:£7,500), and a loan due to Belima Investments Ltd for £500 (2025:£500), and a loan due to Crouch End Pub Ltd for£10,600 (2025: £10,000) and a loan due to SE8 Investment Ltd for £4,091 (2025: £9,885). |
| Mr M Friedman is a Director and Shareholder of Painter Estate 2, Lord Rook Wood , Belima Investments, Crouch End Pub and SE8 Investment Ltd. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is M Friedman. |