Nottingham Place Investments Limited - Period Ending 2021-10-31

Nottingham Place Investments Limited

(Registration number: 12263869)

Balance Sheet as at 31 October 2021

	Note	2021 £	2020 £
Fixed assets
Investments	3	801,619	-
Current assets
Debtors	4	160,267	1
Investments	5	2	2
		160,269	3
Creditors: Amounts falling due within one year	6	(962,898)	-
Net current (liabilities)/assets		(802,629)	3
Net (liabilities)/assets		(1,010)	3
Capital and reserves
Called up share capital		3	3
Profit and loss account		(1,013)	-
Shareholders' (deficit)/funds		(1,010)	3

For the financial year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Nottingham Place Investments Limited

(Registration number: 12263869)

Balance Sheet as at 31 October 2021

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 29 July 2022
 

.........................................

Mr T Shah
Director

Nottingham Place Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2021

1	Accounting policies

Nottingham Place Investments Limited is a private company, limited by shares, domiciled in England and Wales, company number 12263869. The registered office is at 3 Cavendish Court, South Parade, Doncaster, South Yorkshire, DN1 2DJ.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	Not depreciated

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2020 - 1).

Nottingham Place Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2021

3	Tangible assets

	Blaxton Quarry £	Total £
Fair value
Additions	801,619	801,619
At 31 October 2021	801,619	801,619
Carrying amount
At 31 October 2021	801,619	801,619

All investment property is valued at fair value based on the experience of the Director, review of comparable local market prices, returns experienced and anticipated and with assistance from professional valuers if appropriate.

4

Debtors

	2021 £	2020 £
Other debtors	160,267	1
	160,267	1

5	Current asset investments

	2021 £	2020 £
Other investments	2	2

6

Creditors

Creditors: amounts falling due within one year

	2021 £	2020 £
Trade creditors	2,698	-
Accruals and deferred income	200	-
Other creditors	960,000	-
	962,898	-