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Company Registration No. 10101815 (England and Wales)
TRUE NORTH MECHANICAL LTD. Filleted accounts for the year ended 31 January 2024
TRUE NORTH MECHANICAL LTD. Filleted accounts Contents
Page
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TRUE NORTH MECHANICAL LTD. Company Information for the year ended 31 January 2024
Directors
Michael Maydo Jurij Scekutejev
Company Number
10101815 (England and Wales)
Registered Office
166 COLLEGE ROAD HARROW HA1 1BH ENGLAND
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TRUE NORTH MECHANICAL LTD. Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,057 
400 
Current assets
Debtors
215,497 
31,238 
Cash at bank and in hand
16,073 
64,737 
231,570 
95,975 
Creditors: amounts falling due within one year
(197,115)
(95,607)
Net current assets
34,455 
368 
Total assets less current liabilities
38,512 
768 
Creditors: amounts falling due after more than one year
(1,541)
- 
Net assets
36,971 
768 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
36,871 
668 
Shareholders' funds
36,971 
768 
For the year ending 31 January 2024 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 29 August 2024 and were signed on its behalf by
Michael Maydo Director Company Registration No. 10101815
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TRUE NORTH MECHANICAL LTD. Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
TRUE NORTH MECHANICAL LTD. is a private company, limited by shares, registered in England and Wales, registration number 10101815. The registered office is 166 COLLEGE ROAD, HARROW, HA1 1BH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
1,249 
7,277 
8,526 
Additions
5,409 
- 
5,409 
At 31 January 2024
6,658 
7,277 
13,935 
Depreciation
At 1 February 2023
1,197 
6,929 
8,126 
Charge for the year
1,404 
348 
1,752 
At 31 January 2024
2,601 
7,277 
9,878 
Net book value
At 31 January 2024
4,057 
- 
4,057 
At 31 January 2023
52 
348 
400 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,867 
2,117 
Trade debtors
12,630 
12,630 
Other debtors
200,000 
16,491 
215,497 
31,238 
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TRUE NORTH MECHANICAL LTD. Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,323 
90 
Taxes and social security
109,924 
95,517 
Deferred income
84,868 
- 
197,115 
95,607 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
1,541 
- 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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