Company Registration No. 08344301 (England and Wales)
NMH Properties Ltd
Unaudited accounts
for the year ended 31 January 2022
NMH Properties Ltd
Unaudited accounts
Contents
NMH Properties Ltd
Company Information
for the year ended 31 January 2022
Directors
J P Holliday
A Duttson
Company Number
08344301 (England and Wales)
Registered Office
72 Great Suffolk Street
London
SE1 0BL
NMH Properties Ltd
Statement of financial position
as at 31 January 2022
Tangible assets
1,652,378
1,741,708
Cash at bank and in hand
15,339
71
Creditors: amounts falling due within one year
360,832
263,219
Net current assets
934,899
389,066
Total assets less current liabilities
2,587,277
2,130,774
Creditors: amounts falling due after more than one year
(2,296,896)
(2,092,238)
Called up share capital
2
2
Profit and loss account
290,379
38,534
Shareholders' funds
290,381
38,536
For the year ending 31 January 2022 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.
The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2022 and were signed on its behalf by
J P Holliday
Director
Company Registration No. 08344301
NMH Properties Ltd
Notes to the Accounts
for the year ended 31 January 2022
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 2022
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2021
1,515,160
1,367,907
2,883,067
At 31 January 2022
1,515,160
1,367,907
2,883,067
At 1 February 2021
108,404
1,032,955
1,141,359
Charge for the year
22,340
66,990
89,330
At 31 January 2022
130,744
1,099,945
1,230,689
At 31 January 2022
1,384,416
267,962
1,652,378
At 31 January 2021
1,406,756
334,952
1,741,708
Amounts falling due within one year
Other debtors
558,728
125,776
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
134,217
132,323
Loans from directors
(497,349)
(397,042)
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
1,335,178
1,410,878
Amounts owed to group undertakings and other participating interests
961,718
681,360
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
