Company Registration No. NI034539 (Northern Ireland)
NANO Developments Limited
Unaudited accounts
for the year ended 31 December 2025
NANO Developments Limited
Unaudited accounts
Contents
NANO Developments Limited
Company Information
for the year ended 31 December 2025
Company Number
NI034539 (Northern Ireland)
Registered Office
47 Castle Road
Cookstown
Co Tyrone
BT80 9LU
Accountants
Beech Accounting Ltd
185 Magheralane Road
Randalstown
Antrim
BT41 2PH
NANO Developments Limited
Statement of financial position
as at 31 December 2025
Investment property
2,958,392
2,958,392
Cash at bank and in hand
7,508
3,850
Creditors: amounts falling due within one year
(1,919,212)
(2,098,379)
Net current liabilities
(1,545,914)
(1,698,049)
Net assets
1,412,478
1,260,343
Called up share capital
4
4
Profit and loss account
1,412,474
1,260,339
Shareholders' funds
1,412,478
1,260,343
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 30 September 2026 and were signed on its behalf by
Paul Campbell
Director
Company Registration No. NI034539
NANO Developments Limited
Notes to the Accounts
for the year ended 31 December 2025
NANO Developments Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI034539. The registered office is 47 Castle Road, Cookstown, Co Tyrone, BT80 9LU.
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.
Investment property is included at market fair value. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Fair value at 1 January 2025
2,958,392
At 31 December 2025
2,958,392
NANO Developments Limited
Notes to the Accounts
for the year ended 31 December 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
365,790
396,480
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,057
5,836
Trade creditors
82,708
80,073
Amounts owed to group undertakings and other participating interests
1,759,655
1,940,000
Taxes and social security
59,711
56,868
Loans from directors
(440)
4,580
Deferred income
8,896
8,897
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).