NES Investments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08345088 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2019

FOR

NES INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D J Yendall

REGISTERED OFFICE:

Wayside

Ninehams Road

Tatsfield

Surrey

TN16 2AJ

REGISTERED NUMBER:

08345088 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Tangible assets

4

685,850

316,669

Investments

5

101

685,951

316,770

CURRENT ASSETS

Debtors

6

4,149

3,909

Cash at bank

105,702

419,200

109,851

423,109

CREDITORS

Amounts falling due within one year

7

(4,261

)

(4,052

)

NET CURRENT ASSETS

105,590

419,057

TOTAL ASSETS LESS CURRENT
LIABILITIES

791,541

735,827

CAPITAL AND RESERVES

Called up share capital

101

Retained earnings

8

791,440

735,726

SHAREHOLDERS' FUNDS

791,541

735,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 13 December 2019 and were signed by:

D J Yendall - Director

1.	STATUTORY INFORMATION

NES Investments 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 July 2018

316,669

Additions

369,181

At 30 June 2019

685,850

NET BOOK VALUE

At 30 June 2019

685,850

At 30 June 2018

316,669

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2018

and 30 June 2019

101

NET BOOK VALUE

At 30 June 2019

101

At 30 June 2018

101

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Amounts owed by group undertakings

2,949

2,709

Other debtors

1,200

4,149

3,909

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Taxation and social security

1,231

550

Other creditors

3,030

3,502

4,261

4,052

8.

RESERVES

Retained

earnings

£

At 1 July 2018

735,726

Profit for the year

90,714

Dividends

(35,000

)

At 30 June 2019

791,440

NES Investments Ltd - Accounts to registrar (filleted) - small 18.2

NES Investments Ltd - Accounts to registrar (filleted) - small 18.2