IRIS Accounts Production v24.2.0.383 04850074 director 1.4.23 31.3.24 31.3.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048500742023-03-31048500742024-03-31048500742023-04-012024-03-31048500742022-03-31048500742022-04-012023-03-31048500742023-03-3104850074ns15:EnglandWales2023-04-012024-03-3104850074ns14:PoundSterling2023-04-012024-03-3104850074ns10:Director12023-04-012024-03-3104850074ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104850074ns10:SmallEntities2023-04-012024-03-3104850074ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104850074ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104850074ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104850074ns10:FullAccounts2023-04-012024-03-3104850074ns10:CompanySecretary12023-04-012024-03-3104850074ns10:RegisteredOffice2023-04-012024-03-3104850074ns5:CurrentFinancialInstruments2024-03-3104850074ns5:CurrentFinancialInstruments2023-03-3104850074ns5:Non-currentFinancialInstruments2024-03-3104850074ns5:Non-currentFinancialInstruments2023-03-3104850074ns5:ShareCapital2024-03-3104850074ns5:ShareCapital2023-03-3104850074ns5:RetainedEarningsAccumulatedLosses2024-03-3104850074ns5:RetainedEarningsAccumulatedLosses2023-03-3104850074ns5:CostValuation2023-03-31
REGISTERED NUMBER: 04850074 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Northern Property And Management
Services Limited

Northern Property And Management
Services Limited (Registered number: 04850074)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Northern Property And Management
Services Limited

Company Information
for the Year Ended 31st March 2024







DIRECTOR: M R English





SECRETARY: C D English





REGISTERED OFFICE: 62 Southwood Road
Cottingham
North Humberside
HU16 5AH





REGISTERED NUMBER: 04850074 (England and Wales)





ACCOUNTANTS: Dymond Accountants
Office F1,
Beverley Enterprise Centre
Beck View Road
Beverley
East Yorkshire
HU17 0JT

Northern Property And Management
Services Limited (Registered number: 04850074)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 65,000 65,000
Investment property 5 361,512 78,878
426,512 143,878

CURRENT ASSETS
Debtors 6 - 51,985
Cash at bank 56 10,610
56 62,595
CREDITORS
Amounts falling due within one year 7 135,576 27,542
NET CURRENT (LIABILITIES)/ASSETS (135,520 ) 35,053
TOTAL ASSETS LESS CURRENT LIABILITIES 290,992 178,931

CREDITORS
Amounts falling due after more than one year 8 131,966 12,075
NET ASSETS 159,026 166,856

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 158,026 165,856
159,026 166,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

Northern Property And Management
Services Limited (Registered number: 04850074)

Balance Sheet - continued
31st March 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 director and authorised for issue on 17th September 2024 and were signed by:





M R English - Director


Northern Property And Management
Services Limited (Registered number: 04850074)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Northern Property And Management Services 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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

3. EMPLOYEES AND DIRECTORS

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

Northern Property And Management
Services Limited (Registered number: 04850074)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st April 2023
and 31st March 2024 65,000
NET BOOK VALUE
At 31st March 2024 65,000
At 31st March 2023 65,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023 78,878
Additions 282,634
At 31st March 2024 361,512
NET BOOK VALUE
At 31st March 2024 361,512
At 31st March 2023 78,878

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings - 51,985

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 1,661 1,625
Amounts owed to group undertakings 44,370 -
Taxation and social security 11,747 24,192
Other creditors 77,798 1,725
135,576 27,542

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 131,966 12,075