For the financial year ended 31 December 2025 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Natabi Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is at Brandon House, First Floor, 90 The Broadway, Chesham, Buckinghamshire, HP5 1EG.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The directors have adopted the going concern basis of accounting in preparing the financial statements; the directors are satisfied that the company has sufficient capital and access to the financial support necessary to meet working capital requirements and enable the company to remain in operational existence for the foreseeable future.

Turnover is generated from ordinary activities and is stated net of VAT.

Rental income is recognised on a straight line basis over the lease term. Income from property sales is recognised when the significant risks and rewards of ownership are transferred or at legal completion whichever is earliest.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Classic vehicles are not depreciated as they are considered to have a residual value at least equal to cost.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities and referred to as joint venture undertakings.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Stocks comprise land held for development, completed properties held for sale related costs and work in progress, and are valued at the lower of cost and net realisable value. Cost comprises purchase and related acquisition costs, planning and professional costs and other related overheads.

Net realisable value is assessed by management and represents anticipated proceeds of sale after deducting costs to complete and related selling costs.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The 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 net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

The average monthly number of persons (including directors) employed by the company during the year was:

Details of the company's subsidiaries at 31 December 2025 are as follows:

The company's interests in joint venture undertakings and associates at 31 December 2025 were as follows:

Other creditors include hire purchase commitments of £18,912 (2024: £30,010) which are secured on the assets concerned.

Finance lease payments represent rentals payable by the company for certain items of plant and machinery. Leases include purchase options at the end of the lease period, and no restrictions are placed on the use of the assets. The average lease term is 4 years. All leases are on a fixed repayment basis and no arrangements have been entered into for contingent rental payments.

The following are the major deferred tax liabilities and assets recognised by the company:

The deferred tax liability set out above is expected to reverse within [12 months] and relates to accelerated capital allowances that are expected to mature within the same period.

During the year the company entered into the following transactions with related parties:

During the year the company provided financial support to Nigel Lawrence Limited, a company in which, Mr N P Berney and Mr G A Harman are directors and shareholders. The balance due from Nigel Lawrence Limited as at 31 December 2025 amounted to £138,164. (2024: £83,164).

During the year the company provided financial support to Natabi Blue Limited, a subsidiary undertaking. The balance due from Natabi Blue Limited as at 31 December 2025 amounted to £71,587 (2024: £141,423).

During the year the company received financial support from Natabi Green Limited, a subsidiary undertaking. The balance due from Natabi Green Limited as at 31 December 2025 amounted to £38,565 (2024: £3,586 ).

During the year the company received financial support from Natabi Hildenborough Limited, a subsidiary undertaking. The balance due to Natabi Hildenborough Limited as at 31 December 2025 amounted to £259 (2024: £259 ).

During the year the company received financial support from NLP Rickmansworth Limited, a subsidiary undertaking. The balance due to NLP Rickmansworth Limited as at 31 December 2025 amounted to £350,027(2024: £1,064.281).

During the year the company provided financial support to North Western Avenue Watford Limited, a company in which, Mr N P Berney and Mr G A Harman, are directors and shareholders. The balance due from North Western Avenue Watford Limited as at 31 December 2025 amounted to £298,486 (2024: £260,166).

During the year the company provided financial support to Coombs Automotive Limited, a company in which, Mr N P Berney and Mr G A Harman, are directors and shareholders. The balance due from Coombs Automotive Limited as at 31 December 2025 amounted to £38,735 (2024: £38,735 ).

During the year the company provided financial support to Chalfont St Peter Developments Limited, an associated joint venture undertaking. The balance due from Chalfont St Peter Developments Limited as at 31 December 2025 amounted to £1,270,453 (2024: £1,243,192).

During the year the company provided financial support to HGNL (Woking) Limited, an associated joint venture undertaking. The balance due from HGNL (Woking) Limited as at 31 December 2025 amounted to £78,881.

During the year the company provided financial support to HGNL (Berkhamsted) Limited, an associated joint venture undertaking. The balance due from HGNL (Berkhamsted) Limited as at 31 December 2025 amounted to £3,600.

During the year the company provided financial support to Natabi (HW) Properties Limited, a subsidiary undertaking. The balance due to Natabi (HW) Properties Limited as at 31 December 2025 amounted to £18,040 (2024: £487,965).

During the year the company received financial support to Natabi Properties Redhill Limited, a subsidiary undertaking. The balance due from Natabi Properties Redhill Limited as at 31 December 2025 amounted to £583 (2024: £188,344).

During the year the company provided financial support to Seetwo Developments Limited, a subsidiary undertaking. The balance due from Seetwo Developments Limited as at 31 December 2025 amounted to £1,258 (2024: £1,258).

During the year the company provided financial support to NL Care Development Limited, a subsidiary undertaking. The balance due from NL Care Development Limited as at 31 December 2025 amounted to £203,136 (2024: £86,400).

During the year the company provided financial support to Natabi Weybridge Care Limited, a subsidiary undertaking. The balance due to Natabi Weybridge Care Limited as at 31 December 2025 amounted to £68,002. (2024: £402,953

During the year the company provided financial support to Natabi Fareham Care Limited, a subsidiary undertaking. The balance due from Natabi Fareham Care Limited as at 31 December 2025 amounted to £58,617 (2024: £13,150).

During the year the company provided financial support to Natabi Properties Orpington Limited, a subsidiary undertaking. The balance due to Natabi Properties Orpington Limited as at 31 December 2025 amounted to £155,263.

During the year the company provided financial support to Natabi Rickmansworth Limited, a subsidiary undertaking. The balance due to Natabi Rickmansworth Limited as at 31 December 2025 amounted to £2,000.

Dividends totalling £1,436,000 (2024 - £1,650,000) were paid in the year in respect of shares held by the company's directors.

The directors have received interest free loans from the company, which are repayable on demand, as follows: