National Regional Property Group Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09800894 (England and Wales)

NATIONAL REGIONAL PROPERTY GROUP

LIMITED

PREVIOUSLY KNOWN AS

NATIONAL & REGIONAL PROPERTY GROUP

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

30 SEPTEMBER 2015 TO 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

Mr S B Adams

Mr W J B Cha

Mr A D Gordon

REGISTERED OFFICE:

24 Park Road South

Havant

Hampshire

PO9 1HB

REGISTERED NUMBER:

09800894 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

Chartered Accountants

24 Park Road South

Havant

Hampshire

PO9 1HB

FIXED ASSETS

Investments

3

2,015,047

CURRENT ASSETS

Debtors

4

30

CREDITORS

Amounts falling due within one year

5

2,015,047

NET CURRENT LIABILITIES

(2,015,017

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30

CAPITAL AND RESERVES

Called up share capital

6

30

SHAREHOLDERS' FUNDS

30

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 27 June 2017 and were signed on its behalf by:

Mr S B Adams - Director

1.	STATUTORY INFORMATION

National Regional Property Group Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented for a period of 18 months due to the fact that this is the first year since

incorporation. As such there are no comparatives presented in the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about National Regional Property Group Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company has taken

the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Financial instruments

Financial instruments are recognised in line with Sections 11 and 12 of FRS 102.

Basic financial instruments, such as amounts due to group undertakings are initially recognised at transaction

price, unless they constitute a financing arrangement, when the transaction is measured at present value of the

future payments discounted at a market rate of interest. Such assets are subsequently carried at amortised cost

using the effective interest rate method.

Investment in subsidiary

Investment in subsidiary undertakings are recognised at cost.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

2,015,047

At 31 March 2017

2,015,047

NET BOOK VALUE

At 31 March 2017

2,015,047

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

30

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

2,015,047

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

30

Ordinary

1

30

30 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

7.	RELATED PARTY DISCLOSURES

Hampshire & Regional Limited

(Subsidiary)

During the year, the company acquired the entire share capital of Hampshire and Regional Limited for

consideration of £2,015,047.

Hampshire & Regional (F & V) Limited

(Subsidiary)

Hampshire & Regional (F & V) Limited has advanced funds to the company to the amount of £2,015,047. These

remain outstanding as at the year end and are included within short term creditors.

8.	FIRST YEAR ADOPTION

The company has adopted FRS102 1A from 30 September 2015 for the period ended 31 March 2017.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of National Regional Property Group Limited for the period ended 31 March 2017 which comprise

the Income Statement, Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of National Regional Property Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of National Regional Property Group Limited and state those matters that we have agreed to state to the Board of Directors of National Regional Property Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than National Regional Property Group Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that National Regional Property Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of National Regional Property Group Limited. You consider that National Regional Property Group Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of National Regional Property Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothman Pantall LLP

Chartered Accountants

24 Park Road South

Havant

Hampshire

PO9 1HB

28 June 2017