Company Registration No. 12780049 (England and Wales)
Nelson House Limited
Unaudited accounts
for the period from 30 July 2020 to 31 July 2021
Nelson House Limited
Unaudited accounts
Contents
Nelson House Limited
Company Information
for the period from 30 July 2020 to 31 July 2021
Company Number
12780049 (England and Wales)
Registered Office
13 Rookwood Road
London
N16 6SP
England
Nelson House Limited
Statement of financial position
as at
31 July 2021
Investment property
333,875
Cash at bank and in hand
10
Creditors: amounts falling due within one year
(105,695)
Net current liabilities
(105,685)
Total assets less current liabilities
229,069
Creditors: amounts falling due after more than one year
(243,639)
Called up share capital
10
Profit and loss account
(14,580)
Shareholders' funds
(14,570)
For the period ending 31 July 2021 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 and authorised for issue on 2 May 2022 and were signed on its behalf by
Jaime Friedman
Director
Company Registration No. 12780049
Nelson House Limited
Notes to the Accounts
for the period from 30 July 2020 to 31 July 2021
Nelson House Limited is a private company, limited by shares, registered in England and Wales, registration number 12780049. The registered office is 13 Rookwood Road, London, N16 6SP, England.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
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.
Nelson House Limited
Notes to the Accounts
for the period from 30 July 2020 to 31 July 2021
4
Tangible fixed assets
Total
Charge for the period
292
5
Transactions with related parties
Included within creditors are amounts aggregating to £101,555 due to companies with a director in common with this company.
6
Average number of employees
During the period the average number of employees was 0.