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REGISTERED NUMBER: 03385974 (England and Wales)















Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 30 September 2023

for

Northern Touch Limited

Northern Touch Limited (Registered number: 03385974)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Independent Auditors' Report 5

Statement of Comprehensive Income 8

Statement of Financial Position 9

Statement of Changes in Equity 10

Notes to the Financial Statements 11


Northern Touch Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: Mr M G M Wicks
Mrs J E Wicks





SECRETARY: Mr M G M Wicks





REGISTERED OFFICE: Hazlewood Castle Paradise Lane
Hazlewood
Tadcaster
Leeds
North Yorkshire
LS24 9NJ





REGISTERED NUMBER: 03385974 (England and Wales)





AUDITORS: Harris & Co Limited
Chartered Accountants & Statutory Auditor
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Northern Touch Limited (Registered number: 03385974)

Strategic Report
for the Year Ended 30 September 2023

The directors present their strategic report for the year ended 30 September 2023.

REVIEW OF BUSINESS
The business review is included in the consolidated group financial statements of Ashdale UK Limited.

PRINCIPAL RISKS AND UNCERTAINTIES
The board of directors is responsible for monitoring financial risk and for deciding where it would be appropriate to use financial instruments to manage this risk. The disclosures on financial risk management objectives and policies are included within the strategic report in the consolidated group accounts of the holding company, Ashdale UK Limited.

KEY PERFORMANCE INDICATORS
The key financial performance indicators are set out in the strategic report in the consolidated group accounts.

DEVELOPMENT AND PERFORMANCE
The development and performance of the company is included in the strategic report in the consolidated group accounts.

ON BEHALF OF THE BOARD:





Mr M G M Wicks - Director


20 September 2024

Northern Touch Limited (Registered number: 03385974)

Report of the Directors
for the Year Ended 30 September 2023

The directors present their report with the financial statements of the Company for the year ended 30 September 2023.

PRINCIPAL ACTIVITY
The principal activity of the Company in the year under review was that of hotelier.

DIVIDENDS
No dividends will be distributed for the year ended 30 September 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2022 to the date of this report.

Mr M G M Wicks
Mrs J E Wicks

DISCLOSURE IN THE STRATEGIC REPORT
The company has chosen in accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 to set out in the company's strategic report information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the Company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Northern Touch Limited (Registered number: 03385974)

Report of the Directors
for the Year Ended 30 September 2023


AUDITORS
The auditors, Harris & Co Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Mr M G M Wicks - Director


20 September 2024

Independent Auditors' Report to the Members of
Northern Touch Limited

Opinion
We have audited the financial statements of Northern Touch Limited (the 'Company') for the year ended 30 September 2023 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the Company's affairs as at 30 September 2023 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Auditors' Report thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Independent Auditors' Report to the Members of
Northern Touch Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Identifying and assessing potential risks related to irregularities
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

- Enquiring of management, including obtaining and reviewing supporting documentation, concerning
the company's policies and procedures relating to:
- Identifying, evaluating and complying with laws and regulations and whether they were aware of any
instances of non-compliance;
- Detecting and responding to the risks of fraud and whether they have knowledge of any actual,
suspected or alleged fraud;
- The internal controls established to mitigate risk related to fraud or non-compliance with laws &
regulations;
- Obtaining an understanding of the legal and regulatory frameworks that the company operates in,
focusing on those laws and regulations that had a direct effect on the financial statements or that had a
fundamental effect on the operations of the company. The key laws and regulations we considered in
this context included the UK Companies Act, UK Generally Accepted Accounting Practice and tax
legislation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Independent Auditors' Report to the Members of
Northern Touch Limited


Audit response to risks identified
Our procedures to respond to risks identified included the following:

- Reviewing the financial statement disclosures and testing to supporting documentation to assess
compliance with relevant laws and regulations;
- Enquiring of management concerning actual and potential litigation and claims;
- Performing analytical procedures to identify any unusual or unexpected relationships that may indicate
risk of material misstatement due to fraud; and
- In addressing the risk of fraud through management override of controls, testing the appropriateness
of journal entries and other adjustments; assessing the judgements used in accounting estimates to
assess whether these may be indicative of potential bias; and evaluating the business rationale of any
significant transactions that are unusual or outside the normal course of business.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of
non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as
fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

Use of our report
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Tom Garner CA CTA (Senior Statutory Auditor)
for and on behalf of Harris & Co Limited
Chartered Accountants & Statutory Auditor
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

20 September 2024

Northern Touch Limited (Registered number: 03385974)

Statement of Comprehensive
Income
for the Year Ended 30 September 2023

2023 2022
Notes £    £   

TURNOVER 4 3,262,628 3,272,342

Cost of sales 1,690,753 1,755,022
GROSS PROFIT 1,571,875 1,517,320

Administrative expenses 1,171,523 1,034,809
OPERATING PROFIT 6 400,352 482,511

Income from shares in group
undertakings

80,000

80,000
480,352 562,511

Interest payable and similar expenses 7 431,004 223,480
PROFIT BEFORE TAXATION 49,348 339,031

Tax on profit 8 - -
PROFIT FOR THE FINANCIAL YEAR 49,348 339,031

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

49,348

339,031

Northern Touch Limited (Registered number: 03385974)

Statement of Financial Position
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 9 1,411,208 1,052,010
Investments 10 1,000 1,000
1,412,208 1,053,010

CURRENT ASSETS
Stocks 11 102,578 99,186
Debtors 12 6,292,648 6,346,533
Cash at bank and in hand 323,960 474,098
6,719,186 6,919,817
CREDITORS
Amounts falling due within one year 13 1,593,450 1,433,383
NET CURRENT ASSETS 5,125,736 5,486,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,537,944

6,539,444

CREDITORS
Amounts falling due after more than one
year

14

4,236,748

4,287,596
NET ASSETS 2,301,196 2,251,848

CAPITAL AND RESERVES
Called up share capital 17 2,000,000 2,000,000
Retained earnings 18 301,196 251,848
SHAREHOLDERS' FUNDS 2,301,196 2,251,848

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





Mr M G M Wicks - Director


Northern Touch Limited (Registered number: 03385974)

Statement of Changes in Equity
for the Year Ended 30 September 2023

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 October 2021 2,000,000 (87,183 ) 1,912,817

Changes in equity
Total comprehensive income - 339,031 339,031
Balance at 30 September 2022 2,000,000 251,848 2,251,848

Changes in equity
Total comprehensive income - 49,348 49,348
Balance at 30 September 2023 2,000,000 301,196 2,301,196

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Northern Touch 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.

Both the presentation currency and the functional currency of the financial statements is £ sterling.

2. STATEMENT OF COMPLIANCE

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" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements are prepared on a going concern basis, under the historical cost
convention.

The preparation of financial statements in conformity with FRS 102 requires the use of certain
critical accounting estimates. It also requires management to exercise its judgement in the
process of applying the company’s accounting policies. The areas involving a higher degree of
judgement or complexity, or areas where assumptions and estimates are significant to the
financial statements are disclosed below.

Going concern

The Company's financial projections indicate that it has access to sufficient facilities and funds to
operate for at least the next 12 months on the basis that its bankers and the director shareholders continue to be supportive and will continue to provide financial support when required. Accordingly, the directors have a reasonable expectation that the company has adequate financial resources to continue in operational existence for the foreseeable future and so the financial statements are prepared on a going concern basis.

Financial Reporting Standard 102 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows;
the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and
11.48(c);
the requirement of paragraph 33.7.

Preparation of consolidated financial statements
The financial statements contain information about Northern Touch Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Ashdale UK Limited, Dower Hotel & Spa, 48 Bond End, Knaresborough, Harrogate, North Yorkshire, HG5 9AL.

Significant judgements and estimates
The significant judgement and estimate applied in the preparation of these financial statements are the going concern basis and the valuation and useful lives of tangible fixed assets. These, and other policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. ACCOUNTING POLICIES - continued

Turnover
Turnover represents amounts earned on services provided during the year and derives from the provision of services falling within the company's ordinary activities. Revenue is recognised at the point the services are supplied.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

No depreciation is provided in respect of freehold land and buildings as they are kept in a continual state of good repair and in the opinion of the directors, the residual value at the end of the useful life will not be materially less than the carrying value in the financial statements. The directors of the company consider that this accounting policy is necessary for the accounts to show a true and fair view. An annual impairment review of non-depreciated assets is carried out in accordance with FRS102.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. 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.

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

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.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

4. TURNOVER

Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods falling within the company's ordinary activities.

5. EMPLOYEES AND DIRECTORS
2023 2022
£    £   
Wages and salaries 1,166,081 1,181,651
Social security costs 95,103 85,298
Other pension costs 20,737 20,816
1,281,921 1,287,765

The average number of employees during the year was as follows:
2023 2022

General staff 80 78

2023 2022
£    £   
Directors' remuneration 120,025 100,223

6. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2023 2022
£    £   
Hire of plant and machinery 13,494 14,358
Other operating leases 110,199 110,199
Depreciation - owned assets 57,424 55,416
Profit on disposal of fixed assets - (16,494 )
Auditors' remuneration 13,250 8,000
Auditors' remuneration for non audit work 2,750 -

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. INTEREST PAYABLE AND SIMILAR EXPENSES
2023 2022
£    £   
Bank and loan interest 426,938 223,494
Interest payable on overdue
tax - (14 )
Hire purchase 4,066 -
431,004 223,480

8. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 30 September 2023 nor for the year ended 30 September 2022.

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2023 2022
£    £   
Profit before tax 49,348 339,031
Profit multiplied by the standard rate of corporation tax in the UK of
19% (2022 - 19%)

9,376

64,416

Effects of:
Expenses not deductible for tax purposes 2,055 405
Income not taxable for tax purposes (64 ) (3,134 )
Capital allowances in excess of depreciation (13,059 ) (13,845 )
Utilisation of tax losses - (2,350 )
Dividend income received from subsidiary (15,200 ) (15,200 )
Losses surrendered to group 16,892 -

Group relief - (30,292 )
Total tax charge - -

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

9. TANGIBLE FIXED ASSETS
Fixtures
Property Plant and and Motor
improvements machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2022 706,145 1,164 1,265,558 3,501 1,976,368
Additions 344,232 13,000 55,761 3,629 416,622
At 30 September 2023 1,050,377 14,164 1,321,319 7,130 2,392,990
DEPRECIATION
At 1 October 2022 - 121 922,732 1,505 924,358
Charge for year - 2,106 54,311 1,007 57,424
At 30 September 2023 - 2,227 977,043 2,512 981,782
NET BOOK VALUE
At 30 September 2023 1,050,377 11,937 344,276 4,618 1,411,208
At 30 September 2022 706,145 1,043 342,826 1,996 1,052,010

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Property
improveme
£   
COST
Additions 132,814
At 30 September 2023 132,814
NET BOOK VALUE
At 30 September 2023 132,814

10. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 October 2022
and 30 September 2023 1,000
NET BOOK VALUE
At 30 September 2023 1,000
At 30 September 2022 1,000

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

10. FIXED ASSET INVESTMENTS - continued

The Company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Surgeforward Limited
Registered office: Hazlewood Castle Paradise Lane, Hazlewood, Tadcaster, Leeds, England, LS24 9NJ
Nature of business: property holding company
%
Class of shares: holding
Ordinary 100.00

11. STOCKS
2023 2022
£    £   
Finished goods 102,578 99,186

12. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 28,781 61,309
Other debtors 3,000 3,000
Directors' current accounts 29,239 -
Prepayments and accrued income 129,246 230,436
190,266 294,745

Amounts falling due after more than one year:
Amounts owed by group undertakings 6,102,382 6,051,788

Aggregate amounts 6,292,648 6,346,533

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans (see note 15) 87,599 87,598
Hire purchase contracts (see note 16) 24,123 -
Trade creditors 313,175 263,326
Payments received on account 951,068 817,088
Social security and other taxes 31,817 18,508
VAT 82,242 74,279
Other creditors 8,741 36,261
Directors' current accounts - 16,559
Accruals and deferred income 94,685 119,764
1,593,450 1,433,383

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans (see note 15) 63,312 150,911
Hire purchase contracts (see note 16) 36,751 -
Amounts owed to group undertakings 4,136,685 4,136,685
4,236,748 4,287,596

Included in other loans is a CBILS loan of £109,375 (2022: £171,875) which incurs an interest charge of 6.03%. This loan is repayable over 5 years with a capital payment holiday taken in the first year and the first year's interest charge being paid by the UK government.

Also included in other loans is a fixed sum loan of £41,536 (2022: £66,634), which is repayable over a three year term, with an interest rate of 8%.

The hire purchase creditors are secured upon the assets to which they relate.

15. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Other loans 87,599 87,598

Amounts falling due between one and two years:
Other loans - 1-2 years 63,312 87,598

Amounts falling due between two and five years:
Other loans - 2-5 years - 63,313

16. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 24,123 -
Between one and five years 36,751 -
60,874 -

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

16. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2023 2022
£    £   
Within one year 1,699 10,199
Between one and five years - 1,699
1,699 11,898

17. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2,000,000 Ordinary £1 2,000,000 2,000,000

18. RESERVES

Reserves consist of the following:

Retained earnings represents the company's cumulative distributable reserves.

19. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Hazlewood Holdings Limited. The ultimate holding company is Ashdale UK Limited, a company incorporated in England and Wales, and for which group accounts are drawn up.

20. CONTINGENT LIABILITIES

The company has entered into multi-lateral cross guarantee arrangements in respect of the bank borrowings of its parent company, Ashdale UK Limited and fellow subsidiaries of Ashdale UK Limited. The cross guarantees are supported by fixed and floating charges over the group's freehold property and other assets. At 30 September 2023 the company's liability under these arrangements was £5,417,162 (2022: £5,483,906).

21. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
Mr M G M Wicks
Balance outstanding at start of year - -
Amounts advanced 29,239 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,239 -

Northern Touch Limited (Registered number: 03385974)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

22. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

23. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M G M Wicks.