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REGISTERED NUMBER: 12991509 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

NORTHWOOD LOVELL LIMITED

NORTHWOOD LOVELL LIMITED (REGISTERED NUMBER: 12991509)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NORTHWOOD LOVELL LIMITED

Company Information
for the year ended 30 November 2023







DIRECTOR: C Burt





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 12991509 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

NORTHWOOD LOVELL LIMITED (REGISTERED NUMBER: 12991509)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 151,652 338,871

CURRENT ASSETS
Debtors 5 1,590 791
Cash at bank and in hand 13,536 5,797
15,126 6,588
CREDITORS
Amounts falling due within one year 6 (7,341 ) (4,083 )
NET CURRENT ASSETS 7,785 2,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,437

341,376

CREDITORS
Amounts falling due after more than one
year

7

(25,000

)

(225,000

)

PROVISIONS FOR LIABILITIES 8 (13,785 ) (17,054 )
NET ASSETS 120,652 99,322

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 120,651 99,321
SHAREHOLDERS' FUNDS 120,652 99,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NORTHWOOD LOVELL LIMITED (REGISTERED NUMBER: 12991509)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





C Burt - Director


NORTHWOOD LOVELL LIMITED (REGISTERED NUMBER: 12991509)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Northwood Lovell 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts, and is recognised as follows:

Sales of fixed asset investments are recognised on completion of the transaction.

Dividend and interest income is recognised when the right to receive payment is established.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investments
Listed investments are measured at fair value.

NORTHWOOD LOVELL LIMITED (REGISTERED NUMBER: 12991509)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 December 2022 338,871
Disposals (200,038 )
Revaluations 12,819
At 30 November 2023 151,652
NET BOOK VALUE
At 30 November 2023 151,652
At 30 November 2022 338,871

Cost or valuation at 30 November 2023 is represented by:

Other
investments
£   
Valuation in 2021 4,551
Valuation in 2022 39,624
Valuation in 2023 12,819
Cost 94,658
151,652

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,590 791

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 6,441 3,003
Other creditors 900 1,080
7,341 4,083

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 25,000 225,000

NORTHWOOD LOVELL LIMITED (REGISTERED NUMBER: 12991509)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 13,785 17,054

Deferred
tax
£   
Balance at 1 December 2022 17,054
Investment revaluation (3,269 )
Balance at 30 November 2023 13,785

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1