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Registered number: 15257013
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NPA Property Investments Limited
Financial statements
Information for filing with the registrar
31 March 2026
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NPA Property Investments Limited
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Balance sheet
At 31 March 2026
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Provisions for liabilities
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1
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NPA Property Investments Limited
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Balance sheet (continued)
At 31 March 2026
The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 October 2026.
Company registered number: 15257013
The notes on pages 3 to 6 form part of these financial statements.
2
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NPA Property Investments Limited
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Notes to the financial statements
Year ended 31 March 2026
NPA Property Investments Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is Loftus Hill, Ferrensby, Knaresborough, North Yorkshire, United Kingdom HG5 9JT.
2.Accounting policies
The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
The following principal accounting policies have been applied:
At 31 March 2026, the company had net current liabilities of £5,979,000. Included within creditors falling due within one year was £6,753,634 owed to the director, which is unsecured and interest-free.
The director has considered the company’s forecasts and projected cash flows for a period of at least twelve months from the date on which these financial statements are authorised for issue. In making this assessment, the director has considered the company’s expected rental income, operating and property-related expenditure, and the timing of settlement of its liabilities.
Having considered the forecasts, the matters described above and the financial support available to the company, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.
The turnover shown in the profit and loss account represents amounts receivable under operating leases during the year.
Interest income is recognised in profit or loss using the effective interest method.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
3
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NPA Property Investments Limited
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Notes to the financial statements
Year ended 31 March 2026
2.Accounting policies (continued)
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Investment property is carried at fair value determined annually by the director 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. Changes in fair value are recognised in profit or loss.
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Provisions for liabilities
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Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
Increases in provisions are generally charged as an expense to profit or loss.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4
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NPA Property Investments Limited
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Notes to the financial statements
Year ended 31 March 2026
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The average monthly number of employees, including directors, during the year was 1 (2025 - 1).
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Freehold investment property
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Prepayments and accrued income
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Creditors: amounts falling due within one year
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Other taxation and social security
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Accruals and deferred income
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5
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NPA Property Investments Limited
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Notes to the financial statements
Year ended 31 March 2026
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Allotted, called up and fully paid
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1 (2025 - 1) Ordinary share of £1.00
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6
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