Nadean Holdings Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12070160 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2021

for

Nadean Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Dean

N Dean

REGISTERED OFFICE:

Suite 2, 3rd Floor

St Bartholomews House

Bristol

BS1 2NH

REGISTERED NUMBER:

12070160 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Investments

4

-

29

Investment property

5

279,694

-

279,694

29

CURRENT ASSETS

Debtors

6

986

54,183

Cash at bank

906

33,275

1,892

87,458

CREDITORS

Amounts falling due within one year

7

1,274

62,157

NET CURRENT ASSETS

618

25,301

TOTAL ASSETS LESS CURRENT LIABILITIES

280,312

25,330

CREDITORS

Amounts falling due after more than one year

8

178,684

-

NET ASSETS

101,628

25,330

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

101,528

25,230

101,628

25,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 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 28 March 2022 and were signed on its behalf by:

N Dean - Director

1.	STATUTORY INFORMATION

Nadean Holdings Ltd 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.

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

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.

Taxation

Taxation for the year 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - NIL ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2020

29

Disposals

(29

)

At 30 June 2021

-

NET BOOK VALUE

At 30 June 2021

-

At 30 June 2020

29

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

279,694

At 30 June 2021

279,694

NET BOOK VALUE

At 30 June 2021

279,694

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Other debtors

986

54,183

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Trade creditors

1

-

Other creditors

1,273

62,157

1,274

62,157

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.21

30.6.20

£

£

Other creditors

178,684

-