Company Registration No. 14482021 (England and Wales)
Ninan Properties Ltd
Unaudited accounts
for the year ended 31 March 2026
Ninan Properties Ltd
Unaudited accounts
Contents
Ninan Properties Ltd
Company Information
for the year ended 31 March 2026
Company Number
14482021 (England and Wales)
Registered Office
84 West Pottergate
Norwich
Norfolk
NR2 4BW
England
Accountants
Accountancy Plus & Payroll People Ltd
Mill Cottage
Norwich Road
Chedgrave
Norwich
Norfolk
NR14 6ND
Ninan Properties Ltd
Statement of financial position
as at 31 March 2026
Investment property
375,000
345,000
Cash at bank and in hand
12,939
7,183
Creditors: amounts falling due within one year
(100,552)
(100,433)
Net current liabilities
(87,613)
(93,108)
Total assets less current liabilities
287,387
251,892
Creditors: amounts falling due after more than one year
(250,341)
(250,341)
Provisions for liabilities
Deferred tax
(7,851)
(2,151)
Net assets/(liabilities)
29,195
(600)
Called up share capital
100
100
Profit and loss account
29,095
(700)
Shareholders' funds
29,195
(600)
For the year ending 31 March 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2026 and were signed on its behalf by
N Xu
Director
Company Registration No. 14482021
Ninan Properties Ltd
Notes to the Accounts
for the year ended 31 March 2026
Ninan Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14482021. The registered office is 84 West Pottergate, Norwich, Norfolk, NR2 4BW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loan to related parties and investments in ordinary shares.
Investment property is included at market fair value determined annually by the directors. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Cash is represented by cash in hand and deposits with financial institutions repayable within penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible know amounts of cash with insignificant risk of change in value.
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transactions costs, and are measure subsequently at amortised cost using the effective interest method.
All borrowing costs are recognised in the profit or loss in the in which they are incurred.
Ninan Properties Ltd
Notes to the Accounts
for the year ended 31 March 2026
The Directors have considered the Company's position at the time of signing of the financial statements, and based on this, the Directors have concluded that they have a reasonable expectation the Company will have adequate resources to continue in operation existence for the foreseeable future and there therefore continue to adopt the going concern basis of the accounting in preparing thee financial statements.
Fair value at 1 April 2025
345,000
Net gain from fair value adjustments
30,000
The valuation of of the properties have been undertaken by the Director of the company.
Amounts falling due after more than one year
Accrued income and prepayments
-
142
6
Creditors: amounts falling due within one year
2026
2025
Loans from directors
99,802
99,683
Bank loans are secured against the properties to which they relate.
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
250,341
250,341
Bank loans are secured against the properties to which they relate.
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).