NAABNA LTD - Filleted accounts

Registered number

13501803

NAABNA LTD

Filleted Accounts

31 July 2026

NAABNA LTD
Registered number:		13501803
Balance Sheet
as at 31 July 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		530			475
Investment property	4		174,466			174,466
			174,996			174,941

Current assets
Cash at bank and in hand		47,336			1,089

Creditors: amounts falling due within one year	5	(109,013)			(196,542)

Net current liabilities			(61,677)			(195,453)

Total assets less current liabilities			113,319			(20,512)

Creditors: amounts falling due after more than one year	6		(131,250)			-



Net liabilities			(17,931)			(20,512)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(17,932)			(20,513)

Shareholder's funds			(17,931)			(20,512)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Aron ZEMICHAEL
Director
Approved by the board on 28 September 2026

NAABNA LTD
Notes to the Accounts
for the year ended 31 July 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% reducing balance

	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. Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value measured through profit and loss.The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair vale movement in the profit for the year are as follow: Properties are valued by the directors using a yield calculation to ascertain a fair value.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Tools and equipment
£
	Cost
	At 1 August 2025				706
	Additions				188
	At 31 July 2026				894

	Depreciation
	At 1 August 2025				231
	Charge for the year				133
	At 31 July 2026				364

	Net book value
	At 31 July 2026				530
	At 31 July 2025				475


4	Investment property

Investment
property
£
	Cost
	At 1 August 2025				174,466

	At 31 July 2026				174,466


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Director's current account		108,333		-
	Other creditors		680		196,542
			109,013		196,542


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		131,250		-


7	Controlling party

	The company is controlled by Mr Aron Zemichael, who owns 100% of the shareholding.


8	Other information

	NAABNA LTD is a private company limited by shares and incorporated in England. Its registered office is:
	61 Stacey Road
	Cardiff
	United Kingdom
	CF24 1DS