Company Registration No. 13079574 (England and Wales)
Northwood Stores Ltd
Unaudited accounts
for the year ended 31 December 2022
Northwood Stores Ltd
Unaudited accounts
Contents
Northwood Stores Ltd
Company Information
for the year ended 31 December 2022
Directors
Beju George
Deepa Jobi
Abraham Mathew
Reena Thomas
Company Number
13079574 (England and Wales)
Registered Office
89 KEELINGS ROAD
STOKE-ON-TRENT
ST1 6PA
ENGLAND
Northwood Stores Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
230,910
243,749
Cash at bank and in hand
3,018
6,808
Creditors: amounts falling due within one year
(180,149)
(136,205)
Net current liabilities
(112,352)
(101,430)
Total assets less current liabilities
118,558
142,319
Creditors: amounts falling due after more than one year
(158,746)
(167,166)
Net liabilities
(40,188)
(24,847)
Called up share capital
4
4
Profit and loss account
(40,192)
(24,851)
Shareholders' funds
(40,188)
(24,847)
For the year ending 31 December 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 20 March 2023 and were signed on its behalf by
Abraham Mathew
Director
Company Registration No. 13079574
Northwood Stores Ltd
Notes to the Accounts
for the year ended 31 December 2022
Northwood Stores Ltd is a private company, limited by shares, registered in England and Wales, registration number 13079574. The registered office is 89 KEELINGS ROAD, STOKE-ON-TRENT, ST1 6PA, 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 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
154,304
109,080
-
-
263,384
Additions
-
-
2,466
1,337
3,803
At 31 December 2022
154,304
109,080
2,466
1,337
267,187
At 1 January 2022
-
19,635
-
-
19,635
Charge for the year
-
15,957
444
241
16,642
At 31 December 2022
-
35,592
444
241
36,277
At 31 December 2022
154,304
73,488
2,022
1,096
230,910
At 31 December 2021
154,304
89,445
-
-
243,749
Amounts falling due within one year
Northwood Stores Ltd
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Loans from directors
178,499
135,955
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
158,746
167,166
8
Average number of employees
During the year the average number of employees was 2 (2021: 0).