Company Registration No. 09486103 (England and Wales)
North Shire Limited
Unaudited accounts
for the year ended 31 March 2023
North Shire Limited
Unaudited accounts
Contents
North Shire Limited
Company Information
for the year ended 31 March 2023
Director
Mr Karl Cavendish
Company Number
09486103 (England and Wales)
Registered Office
Golden Hill Farm
Liverton
Saltburn-by-the-Sea
Cleveland
TS13 4TJ
England
Accountants
Abacus Accounting Services
66 Abbeydale Rd
Sheffield
S7 1FD
North Shire Limited
Statement of financial position
as at 31 March 2023
Tangible assets
727,070
722,701
Cash at bank and in hand
54,459
8,241
Creditors: amounts falling due within one year
(412,217)
(379,956)
Net current liabilities
(354,758)
(360,814)
Total assets less current liabilities
372,312
361,887
Creditors: amounts falling due after more than one year
(672,621)
(670,408)
Net liabilities
(300,309)
(308,521)
Called up share capital
2
2
Profit and loss account
(300,311)
(308,523)
Shareholders' funds
(300,309)
(308,521)
For the year ending 31 March 2023 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.
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 14 March 2024 and were signed on its behalf by
Mr Karl Cavendish
Director
Company Registration No. 09486103
North Shire Limited
Notes to the Accounts
for the year ended 31 March 2023
North Shire Limited is a private company, limited by shares, registered in England and Wales, registration number 09486103. The registered office is Golden Hill Farm, Liverton, Saltburn-by-the-Sea, Cleveland, TS13 4TJ, 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 April 2022
676,285
25,770
20,339
307
722,701
Transfer from investment property
4,369
-
-
-
4,369
At 31 March 2023
680,654
25,770
20,339
307
727,070
At 31 March 2023
-
-
-
-
-
At 31 March 2023
680,654
25,770
20,339
307
727,070
At 31 March 2022
676,285
25,770
20,339
307
722,701
Amounts falling due within one year
North Shire Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
19,777
12,864
Other creditors
237,885
198,782
Deferred income
154,555
153,086
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
586,941
695,334
Loans from directors
15,789
(24,926)
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).