08698173falseDevelopment of Building Projects2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-07-012023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08698173

Northern ACI Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023


Northern ACI Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Roland J B Duce
Alexander J C Duce
REGISTERED OFFICE
11a Ironmonger Street
Stamford
Lincolnshire
PE9 1PL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08698173

Northern ACI Limited

ACCOUNTS
FOR THEYEARENDED30/06/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Northern ACI Limited

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets33,632,9533,632,953
CURRENT ASSETS
Stock5,239,1791,298,561
Debtors6152,94267,383
Cash at bank and in hand168,820625,937
5,560,9411,991,881
CREDITORS: Amounts falling due within one year72,737,4752,374,456
NET CURRENT ASSETS / (LIABILITIES)2,823,466(382,575)
TOTAL ASSETS LESS CURRENT LIABILITIES6,456,4193,250,378
CREDITORS: Amounts falling due after more than one year85,451,3842,418,509
NET ASSETS1,005,035831,869
CAPITAL AND RESERVES
Called up share capital911
Profit and loss account1,005,034831,868
SHAREHOLDERS' FUNDS1,005,035831,869
For the year ending 30/06/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/10/2024 and signed on their behalf by
.............................
Roland J B Duce
Director

Northern ACI Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. TANGIBLE FIXED ASSETS
Cost
At 30/06/2023
Depreciation
At 30/06/2023
Net Book Amounts
At 30/06/2023

Northern ACI Limited

4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/07/20223,632,9533,632,953
At 30/06/20233,632,9533,632,953
5. STOCK 20232022
££
Stock comprises:
Stock8,051,6694,075,000
Work in progress(2,812,490)(2,776,439)
5,239,1791,298,561
6. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors3,77013,517
Trade debtors - BH40,08946,199
Trade debtors - BH rent acc-2,783
Other debtors87,264-
Prepayments21,8194,884
152,94267,383
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax47,583-
VAT21,6149,813
Trade creditors33,59034,920
Other creditors-1,282
Accruals93,38564,534
Amounts due to group companies2,541,3032,263,907
2,737,4752,374,456
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr5,586,0922,418,509
5,586,0922,418,509

Northern ACI Limited

9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11