Company Registration No. 08344301 (England and Wales)
NMH Properties Ltd
Unaudited accounts
for the year ended 31 January 2019
NMH Properties Ltd
Unaudited accounts
Contents
NMH Properties Ltd
Company Information
for the year ended 31 January 2019
Directors
J P Holliday
A Duttson
Company Number
08344301 (England and Wales)
Registered Office
72 Great Suffolk Street
London
SE1 0BL
Accountants
Helrik and Louw and Palason
72
Great Suffolk Street
London
SE1 0BL
NMH Properties Ltd
Statement of financial position
as at 31 January 2019
Tangible assets
1,947,977
2,044,918
Creditors: amounts falling due within one year
(1,132,252)
(1,604,852)
Net current liabilities
(1,132,252)
(1,604,852)
Total assets less current liabilities
815,725
440,066
Creditors: amounts falling due after more than one year
(1,026,120)
(643,061)
Net liabilities
(210,395)
(202,995)
Called up share capital
2
2
Profit and loss account
(210,397)
(202,997)
Shareholders' funds
(210,395)
(202,995)
For the year ending 31 January 2019 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 1 August 2019.
J P Holliday
Director
Company Registration No. 08344301
NMH Properties Ltd
Notes to the Accounts
for the year ended 31 January 2019
NMH Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 08344301. The registered office is 72 Great Suffolk Street, London, SE1 0BL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Leasehold property - 5% per annum of cost
Plant & machinery
20% on reducing value
Fixtures & fittings
20% on reducing value
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
NMH Properties Ltd
Notes to the Accounts
for the year ended 31 January 2019
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2018
1,483,838
1,322,874
2,806,712
Additions
31,322
18,212
49,534
At 31 January 2019
1,515,160
1,341,086
2,856,246
At 1 February 2018
41,384
720,410
761,794
Charge for the year
22,340
124,135
146,475
At 31 January 2019
63,724
844,545
908,269
At 31 January 2019
1,451,436
496,541
1,947,977
At 31 January 2018
1,442,454
602,464
2,044,918
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
7,400
-
Loans from directors
1,124,852
1,604,852
6
Creditors: amounts falling due after more than one year
2019
2018
Amounts owed to group undertakings and other participating interests
1,026,120
643,061
7
Average number of employees
During the year the average number of employees was 2 (2018: 2).
