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REGISTERED NUMBER: 02372367 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th April 2024

for

Northern Building Design Associates
Limited

Northern Building Design Associates
Limited (Registered number: 02372367)






Contents of the Financial Statements
for the year ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Northern Building Design Associates
Limited

Company Information
for the year ended 30th April 2024







DIRECTORS: Mr C Tyrrell
Mr E Barron





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 02372367 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Northern Building Design Associates
Limited (Registered number: 02372367)

Balance Sheet
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 256,418 42,632

CURRENT ASSETS
Stocks 135,693 144,302
Debtors 5 125,503 783,985
Cash at bank and in hand 1,364,365 1,427,666
1,625,561 2,355,953
CREDITORS
Amounts falling due within one year 6 297,476 483,283
NET CURRENT ASSETS 1,328,085 1,872,670
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,584,503

1,915,302

CREDITORS
Amounts falling due after more than one
year

7

(18,422

)

-

PROVISIONS FOR LIABILITIES (56,451 ) (8,309 )
NET ASSETS 1,509,630 1,906,993

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 1,489,630 1,886,993
SHAREHOLDERS' FUNDS 1,509,630 1,906,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

Northern Building Design Associates
Limited (Registered number: 02372367)

Balance Sheet - continued
30th April 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th August 2024 and were signed on its behalf by:





Mr E Barron - Director


Northern Building Design Associates
Limited (Registered number: 02372367)

Notes to the Financial Statements
for the year ended 30th April 2024

1. STATUTORY INFORMATION

Northern Building Design Associates 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.
Land and buildings - over the length of the lease
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance, 20% on reducing balance and over the length of the lease

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Northern Building Design Associates
Limited (Registered number: 02372367)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2023 17,235 383,317 400,552
Additions 60,000 243,500 303,500
Disposals (17,235 ) (301,795 ) (319,030 )
At 30th April 2024 60,000 325,022 385,022
DEPRECIATION
At 1st May 2023 17,235 340,685 357,920
Charge for year 12,000 70,238 82,238
Eliminated on disposal (17,235 ) (294,319 ) (311,554 )
At 30th April 2024 12,000 116,604 128,604
NET BOOK VALUE
At 30th April 2024 48,000 208,418 256,418
At 30th April 2023 - 42,632 42,632

Northern Building Design Associates
Limited (Registered number: 02372367)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 32,570
At 30th April 2024 32,570
DEPRECIATION
Charge for year 4,750
At 30th April 2024 4,750
NET BOOK VALUE
At 30th April 2024 27,820

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 104,451 311,413
Other debtors 21,052 472,572
125,503 783,985

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 2,557 -
Trade creditors 43,959 16,327
Taxation and social security 195,721 387,490
Other creditors 55,239 79,466
297,476 483,283

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 18,422 -

Northern Building Design Associates
Limited (Registered number: 02372367)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 2,557 -
Between one and five years 18,422 -
20,979 -

The company has a lease commitment of £51,500 per year that expires in March 2028.

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 20,979 -

10. RELATED PARTY DISCLOSURES

NBDA Property Limited is a company controlled by the directors. During the year the company was repaid a loan of £440,576 it had made to NBDA Property Limited, no interest was charged on the loan (2023 - £432,395 owed to the company at the year end and nil).

The company has provided a fixed and floating charge in respect of a bank loan made to NBDA Property Limited. As at 30 April 2024 the bank loan outstanding was £424,933 (2023 - £495,796).

11. ULTIMATE CONTROLLING PARTY

The company is a 100% owned subsidiary of NBDA Holdings Limited, a company which is controlled by Mr C Tyrrell and Mr E Barron.