Nurun Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 15035342 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 JULY 2024 TO 30 JANUARY 2026

FOR

NURUN PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr S S Haque

N N Haque

REGISTERED OFFICE:

42 Bromham Road

Biddenham

Bedford

MK40 4AF

REGISTERED NUMBER:

15035342 (England and Wales)

ACCOUNTANTS:

MDG Business Associates Limited

Room 73

Wrest House

Wrest Park

Silsoe

Bedfordshire

MK45 4HR

FIXED ASSETS

Investment property

4

2,246,114

CURRENT ASSETS

Cash at bank

58,685

34,465

CREDITORS

Amounts falling due within one year

5

(303,977

)

(287,886

)

NET CURRENT LIABILITIES

(245,292

)

(253,421

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,000,822

1,992,693

CREDITORS

Amounts falling due after more than one year

6

(1,268,818

)

(1,289,095

)

NET ASSETS

732,004

703,598

CAPITAL AND RESERVES

Called up share capital

7

100

Share premium

695,107

Retained earnings

36,797

8,391

732,004

703,598

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2026 and were signed on its behalf by:

N N Haque - Director

1.	STATUTORY INFORMATION

Nurun 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

The comparatives relate to the period 28th July 2023 to 30th July 2024.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

The freehold properties are stated at an open market value in the opinion of the directors. As such no depreciation has been charged in respect of this class of asset in the year and no deferred tax has been provided on any future sale as the base cost of the properties remain consistent with the current open market value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

Fair value

At 31 July 2024

and 30 January 2026

2,246,114

Net book value

At 30 January 2026

2,246,114

At 30 July 2024

2,246,114

The directors consider the valuation of the investment property owned by the company at the Balance Sheet date to be the current market value of the property valuation and as such, no depreciation has been charged in respect of this asset class. Any aggregate surplus or deficit arising from changes in fair value is to be recognised in profit or loss.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

Tax

6,663

1,968

Social security and other taxes

646

200

Other creditors

275,000

Directors' loan account

19,268

8,318

Accruals and deferred income

2,400

303,977

287,886

Bank loans are secured on the individual properties in question with interest being charged at prevailing rates between 4-6% per annum.

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2024

£

Bank loans - 1-2 years

1,268,818

1,289,095

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

2026

2024

4926

A Ordinary

£0.01

49.26

4926

B Ordinary

£0.01

49.26

10

C Ordinary

£0.10

1

10

D Ordinary

£0.10

1

10

E Ordinary

£0.10

1

10

F Ordinary

£0.10

1

10

G Ordinary

£0.10

1

10

H Ordinary

£0.10

1

10

I Ordinary

£0.10

1

10

J Ordinary

£0.10

1

10

K Ordinary

£0.10

1

10

L Ordinary

£0.10

1

10

M Ordinary

£0.10

1

10

N Ordinary

£0.10

1

10

O Ordinary

£0.10

1

10

P Ordinary

£0.10

1

10

Q Ordinary

£0.10

1

100.02

Ordinary A and B shares rank pari passu in all respects with full voting rights. Share classes C to Q are entitled to a distribution of dividends only, with no voting rights attached.

8.	RELATED PARTY DISCLOSURES

Within creditors is an amount of £19,268 (2024: £8,318) due from the company to N N Haque, director. No interest has been charged on this balance during the period (2024: £Nil) and there are no set repayment terms in place.

Within creditors is an amount of £275,000 (2024: £275,000) due to Nurun Limited, a company under common control. No interest has been charged on this balance during the period (2024: £Nil) and there are no set repayment terms in place.