REGISTERED NUMBER: 09009941 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

N R DAWS PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F R Daws

I M Daws

REGISTERED OFFICE:

6A Shortmead Street

Biggleswade

Bedfordshire

SG18 0AP

REGISTERED NUMBER:

09009941 (England and Wales)

ACCOUNTANTS:

Barrow LLP

Rae House

Dane Street

Bishops Stortford

Herts

CM23 3BT

FIXED ASSETS

Investment property

5

1,245,000

1,245,000

CURRENT ASSETS

Debtors

6

512

435

Cash at bank and in hand

78,114

56,518

78,626

56,953

CREDITORS

Amounts falling due within one year

7

(481,659

)

(480,148

)

NET CURRENT LIABILITIES

(403,033

)

(423,195

)

TOTAL ASSETS LESS CURRENT LIABILITIES

841,967

821,805

CREDITORS

Amounts falling due after more than one year

8

(251,280

)

(251,280

)

PROVISIONS FOR LIABILITIES

10

(104,247

)

(104,247

)

NET ASSETS

486,440

466,278

CAPITAL AND RESERVES

Called up share capital

11

100

100

Revaluation reserve

12

357,102

357,102

Retained earnings

12

129,238

109,076

SHAREHOLDERS' FUNDS

486,440

466,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2026 and were signed on its behalf by:

F R Daws - Director

1.	STATUTORY INFORMATION

N R Daws Properties 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income that is recognised evenly over the term of each lease to which it relates.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred upon normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

1,245,000

NET BOOK VALUE

At 30 April 2026

1,245,000

At 30 April 2025

1,245,000

Fair value at 30 April 2026 is represented by:

£

Valuation in 2015

57,228

Valuation in 2016

35,000

Valuation in 2017

60,000

Valuation in 2020

64,120

Valuation in 2021

30,000

Valuation in 2022

88,000

Valuation in 2023

61,000

Valuation in 2024

66,000

Cost

783,652

1,245,000

If investment property had not been revalued it would have been included at the following historical cost:

30.4.26

30.4.25

£

£

Cost

783,652

783,652

Investment property was valued on an open market basis on 30 April 2026 by the directors .

It was considered that the values of the properties were not significantly different to the previous balance sheet date and, as a result, no revaluation adjustment was required this year.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Other debtors

512

435

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Taxation and social security

4,729

4,232

Other creditors

476,930

475,916

481,659

480,148

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans

251,280

251,280

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more than 5 years non-instalments

251,280

251,280

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.26

30.4.25

£

£

Bank loans

251,280

251,280

The bank loans are secured by a debenture and first legal charges against the related assets.

10.	PROVISIONS FOR LIABILITIES

30.4.26

30.4.25

£

£

Deferred tax

Investment property valuation

104,247

104,247

Deferred

tax

£

Balance at 1 May 2025

104,247

Balance at 30 April 2026

104,247

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 May 2025

109,076

357,102

466,178

Profit for the year

20,162

20,162

At 30 April 2026

129,238

357,102

486,340