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Company Registration No. 13410977 (England and Wales)
NORTHYATE LIMITED Unaudited accounts for the year ended 31 January 2024
NORTHYATE LIMITED Unaudited accounts Contents
Page
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NORTHYATE LIMITED Company Information for the year ended 31 January 2024
Director
Pooi Yee Chong
Company Number
13410977 (England and Wales)
Registered Office
14 SEVERN ACRE LEA BRISTOL BRISTOL BS34 5TW UNITED KINGDOM
Accountants
K3 Accountants Limited Barnwood Trampers Lane North Boarhunt Hampshire PO17 6DG
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NORTHYATE LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
440,000 
495,000 
Tangible assets
2,859 
2,698 
442,859 
497,698 
Current assets
Inventories
29,542 
29,542 
Debtors
141,104 
139,161 
Cash at bank and in hand
67,447 
54,341 
238,093 
223,044 
Creditors: amounts falling due within one year
(271,615)
(255,130)
Net current liabilities
(33,522)
(32,086)
Total assets less current liabilities
409,337 
465,612 
Creditors: amounts falling due after more than one year
(372,017)
(473,706)
Net assets/(liabilities)
37,320 
(8,094)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
37,318 
(8,096)
Shareholders' funds
37,320 
(8,094)
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 director acknowledges her 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 and authorised for issue on 30 October 2024 and were signed on its behalf by
Pooi Yee Chong Director Company Registration No. 13410977
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NORTHYATE LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
NORTHYATE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13410977. The registered office is 14 SEVERN ACRE LEA, BRISTOL, BRISTOL, BS34 5TW, UNITED KINGDOM.
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:
Motor vehicles
20% on cost
Computer equipment
20% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
550,000 
At 31 January 2024
550,000 
Amortisation
At 1 February 2023
55,000 
Charge for the year
55,000 
At 31 January 2024
110,000 
Net book value
At 31 January 2024
440,000 
At 31 January 2023
495,000 
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NORTHYATE LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
2,290 
1,083 
3,373 
Additions
- 
879 
879 
At 31 January 2024
2,290 
1,962 
4,252 
Depreciation
At 1 February 2023
458 
217 
675 
Charge for the year
458 
260 
718 
At 31 January 2024
916 
477 
1,393 
Net book value
At 31 January 2024
1,374 
1,485 
2,859 
At 31 January 2023
1,832 
866 
2,698 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
21,367 
18,348 
Trade debtors
100,716 
100,116 
Accrued income and prepayments
19,021 
20,697 
141,104 
139,161 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
53,440 
48,351 
Trade creditors
118,835 
109,858 
Taxes and social security
44,599 
16,477 
Other creditors
54,741 
80,444 
271,615 
255,130 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
363,516 
385,410 
Loans from directors
8,501 
88,296 
372,017 
473,706 
9
Average number of employees
During the year the average number of employees was 7 (2023: 6).
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