NGF Developments Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14593819

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		313,560		-

			313,560		-
CURRENT ASSETS
Debtors	5	3,002		100
Cash at bank and in hand		1,024		-

		4,026		100
Creditors: Amounts Falling Due Within One Year	6	(142,491 )		-

NET CURRENT ASSETS (LIABILITIES)			(138,465 )		100

TOTAL ASSETS LESS CURRENT LIABILITIES			175,095		100

Creditors: Amounts Falling Due After More Than One Year	7		(184,000 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,002 )		-

NET (LIABILITIES)/ASSETS			(11,907 )		100

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(12,007 )		-

SHAREHOLDERS' FUNDS			(11,907)		100

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NGF Developments Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P R Brown

Director

19 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

NGF Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14593819 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Financial Instruments

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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2.5. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Investment Property

	2026
	£
Fair Value
As at 1 February 2025	-
Additions	313,560

As at 31 January 2026	313,560

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NGF Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	3,002	100

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Accruals and deferred income	2,233	-
Directors' loan accounts	140,258	-

	142,491	-

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	184,000	-

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2026		2025
	£		£
Bank loans	184,000		-

8. Secured Creditors

Of the creditors the following amounts are secured by a fixed charge dated 24 October 2025 over the investment property held by the company.

	2026		2025
	£		£
Bank loans and overdrafts	184,000		-

9. Share Capital

	2026	2025
	£	£
Called Up Share Capital not Paid	-	100
Called Up Share Capital has been paid up	100	-

Amount of Allotted, Called Up Share Capital	100	100

10. Directors Advances, Credits and Guarantees

No director received advances, credits or guarantees during the current or previous accounting periods.

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NGF Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

11. Related Party Transactions

The following related party transactions were undertaken during the year:

The directors withdrew amounts totalling £100 (2025: £Nil) and introduced amounts totalling £140,358.(2025: £Nil. At the balance sheet date the amount payable from the directors was £140,258 (2025: £Nil).

No dividends were paid to the directors in respect of their shareholdings.

During the year, the company loaned advances of £7,900 on behalf of a company controlled by one of the company's shareholders. The amount was outstanding at the year end.

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

12. Going Concern

The company is able to meet its day to day working capital requirements through the support of its director. Therefore, the director considers it appropriate to prepare the financial statements on the going concern basis.

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