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Company Registration No. 13888101 (England and Wales)
North Point Advisory Services Ltd Unaudited accounts for the year ended 31 January 2024
North Point Advisory Services Ltd Unaudited accounts Contents
Page
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North Point Advisory Services Ltd Company Information for the year ended 31 January 2024
Director
Belma Velic
Company Number
13888101 (England and Wales)
Registered Office
154 STATION VIEW HARROGATE HG2 7DZ ENGLAND
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of North Point Advisory Services Ltd for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of North Point Advisory Services Ltd for the year ended 31 January 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 30 October 2024
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North Point Advisory Services Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,925 
4,736 
Current assets
Debtors
10,000 
- 
Cash at bank and in hand
6,750 
61,580 
16,750 
61,580 
Creditors: amounts falling due within one year
(4,795)
(13,372)
Net current assets
11,955 
48,208 
Total assets less current liabilities
14,880 
52,944 
Provisions for liabilities
Deferred tax
(556)
(900)
Net assets
14,324 
52,044 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,323 
52,043 
Shareholders' funds
14,324 
52,044 
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
Belma Velic Director Company Registration No. 13888101
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North Point Advisory Services Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
North Point Advisory Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13888101. The registered office is 154 STATION VIEW, HARROGATE, HG2 7DZ, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Computer equipment
36 months
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North Point Advisory Services Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
5,434 
At 31 January 2024
5,434 
Depreciation
At 1 February 2023
698 
Charge for the year
1,811 
At 31 January 2024
2,509 
Net book value
At 31 January 2024
2,925 
At 31 January 2023
4,736 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
10,000 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,990 
13,372 
Accruals
805 
- 
4,795 
13,372 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
556 
900 
2024 
2023 
£ 
£ 
Provision at start of year
900 
- 
(Credited)/charged to the profit and loss account
(344)
900 
Provision at end of year
556 
900 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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