REGISTERED NUMBER: 13426399 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Great Nest Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J Castoldi

REGISTERED OFFICE:

21 Hillersdon Avenue

Edgware

Middlesex

HA8 7SG

REGISTERED NUMBER:

13426399 (England and Wales)

FIXED ASSETS

Tangible assets

4

12,985

2,853

Investment property

5

1,659,501

967,598

1,672,486

970,451

CURRENT ASSETS

Debtors

6

24,283

15,293

Cash at bank

1,854

303

26,137

15,596

CREDITORS

Amounts falling due within one year

7

32,294

27,232

NET CURRENT LIABILITIES

(6,157

)

(11,636

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,666,329

958,815

CREDITORS

Amounts falling due after more than one year

8

(1,777,797

)

(958,713

)

PROVISIONS FOR LIABILITIES

-

(1,259

)

NET LIABILITIES

(111,468

)

(1,157

)

CAPITAL AND RESERVES

Called up share capital

11

100

100

Undistributable Reserve

12

(93,028

)

2,869

Retained earnings

12

(18,540

)

(4,126

)

SHAREHOLDERS' FUNDS

(111,468

)

(1,157

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2026 and were signed by:

Ms J Castoldi - Director

1.	STATUTORY INFORMATION

Great Nest Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The company sustained a trading loss during the year and it had net liabilities as at 31st December 2025. The sole director and shareholder has confirmed that with the retention of the loans made by her she will continue to support the company for the foreseeable future and on this basis she considers it appropriate to prepare these accounts on a going concern basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

3,805

Additions

14,789

At 31 December 2025

18,594

DEPRECIATION

At 1 January 2025

952

Charge for year

4,657

At 31 December 2025

5,609

NET BOOK VALUE

At 31 December 2025

12,985

At 31 December 2024

2,853

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 January 2025

967,598

Additions

787,800

Revaluations

(95,897

)

At 31 December 2025

1,659,501

NET BOOK VALUE

At 31 December 2025

1,659,501

At 31 December 2024

967,598

Cost or valuation at 31 December 2025 is represented by:

£

Valuation in 2022

(8,638

)

Valuation in 2024

925

Valuation in 2025

11,299

Valuation in 2026

(95,897

)

Cost

1,751,812

1,659,501

If the investment properties had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

1,751,812

957,713

The Investment properties were valued on an informal basis on 9 September 2026 by a local firm of estate agents .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

24,283

15,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

32,294

27,232

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans (see note 9)

257,011

257,011

Other creditors

1,520,786

701,702

1,777,797

958,713

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

257,011

257,011

Shareholders loans

923,695

104,611

1,180,706

361,622

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.25

31.12.24

£

£

Amounts falling due between two and five years:

Other loans - 2-5 years

597,091

597,091

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

257,011

257,011

Shareholders loans

923,695

104,611

1,180,706

361,622

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

257,011

257,011

The long leasehold property on which the money has been borrowed is charged by way of a first legal mortgage. The mortgage is on an interest only basis with a term of 25 years.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Retained

Undistributable

earnings

Reserve

Totals

£

£

£

At 1 January 2025

(4,126

)

2,869

(1,257

)

Deficit for the year

(110,311

)

(110,311

)

Profit & Loss Account Transfer

to Undistributable Reserve

95,897

(95,897

)

-

At 31 December 2025

(18,540

)

(93,028

)

(111,568

)

13.	RELATED PARTY DISCLOSURES

Included in long term creditors is a loan of £597,091 (2024 - £597,091) made by Creative Wings Limited, in which Ms J Castoldi is the sole director and shareholder. The loan has no fixed date of repayment.