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REGISTERED NUMBER: 01270788 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 August 2023

for

C. D. Northern Limited

C. D. Northern Limited (Registered number: 01270788)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C. D. Northern Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: P R Charles
P Hopkinson
A T Ward





SECRETARY: P Hopkinson





REGISTERED OFFICE: Unit 3 Empire Business Park
Parcel Terrace
Derby
DE1 1LY





REGISTERED NUMBER: 01270788 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

C. D. Northern Limited (Registered number: 01270788)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 138,217 73,996
Investments 5 18,608 18,608
156,825 92,604

CURRENT ASSETS
Stocks 409,846 215,866
Debtors 6 467,537 631,644
Cash at bank and in hand 513,194 379,544
1,390,577 1,227,054
CREDITORS
Amounts falling due within one year 7 1,239,479 1,046,080
NET CURRENT ASSETS 151,098 180,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,923

273,578

CREDITORS
Amounts falling due after more than one
year

8

56,178

30,908
NET ASSETS 251,745 242,670

CAPITAL AND RESERVES
Called up share capital 150,050 150,050
Capital redemption reserve 50 50
Retained earnings 101,645 92,570
SHAREHOLDERS' FUNDS 251,745 242,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

C. D. Northern Limited (Registered number: 01270788)

Balance Sheet - continued
31 August 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2024 and were signed on its behalf by:




P R Charles - Director



P Hopkinson - Director


C. D. Northern Limited (Registered number: 01270788)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

C. D. Northern 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.

2. ACCOUNTING POLICIES

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

Preparation of consolidated financial statements
The financial statements contain information about C. D. Northern Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. Turnover is recognised in the period which the sale of goods was made and the period in which the service was provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures, fittings and equipment- 20% on reducing balance
Motor vehicles- 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value. Stock is recorded on a first in first out basis and contracts are valued at cost plus attributable profits or less provisions for foreseeable losses.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Fixed asset investments
Fixed asset investments are stated at cost less any permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 10 ) .

C. D. Northern Limited (Registered number: 01270788)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 September 2022 174,846 160,224 335,070
Additions - 93,517 93,517
Disposals - (40,748 ) (40,748 )
At 31 August 2023 174,846 212,993 387,839
DEPRECIATION
At 1 September 2022 165,537 95,537 261,074
Charge for year 1,862 27,437 29,299
Eliminated on disposal - (40,751 ) (40,751 )
At 31 August 2023 167,399 82,223 249,622
NET BOOK VALUE
At 31 August 2023 7,447 130,770 138,217
At 31 August 2022 9,309 64,687 73,996

Included in cost of motor vehicles are non-depreciable assets of £12,010 (2022: £12,010).


5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 September 2022
and 31 August 2023 100 18,508 18,608
NET BOOK VALUE
At 31 August 2023 100 18,508 18,608
At 31 August 2022 100 18,508 18,608

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 408,440 569,137
Amounts owed by group undertakings 27,208 27,208
Other debtors - 2,000
Prepayments 31,889 27,519
Owed by related parties - 5,780
467,537 631,644

C. D. Northern Limited (Registered number: 01270788)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 9) 31,150 16,917
Trade creditors 491,723 381,517
Tax - 15
Social security and other taxes 71,902 115,790
Other creditors 510,007 440,431
Directors' current accounts 126,723 84,267
Accruals and deferred income 7,974 7,143
1,239,479 1,046,080

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts (see note 9) 56,178 30,908

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2023 2022
£    £   
Net obligations repayable:
Within one year 31,150 16,917
Between one and five years 56,178 30,908
87,328 47,825

The minimum lease payments on non-cancellable operating leases committed to be paid are £124,503 (2022 - £62,727).

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 87,328 47,825