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Company Registration No. 12453306 (England and Wales)
Northwood (hull Central) Limited Unaudited accounts for the year ended 29 February 2024
Northwood (hull Central) Limited Unaudited accounts Contents
Page
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Northwood (hull Central) Limited Company Information for the year ended 29 February 2024
Director
John Ounsworth
Company Number
12453306 (England and Wales)
Registered Office
16 Humber Street Fruit Market Hull HU1 1TG England
Accountants
Rainbird Hanton Accountants The Octagon Hesslewood Business Park Feriby Road Hessle East Yorkshire HU13 0LH
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Northwood (hull Central) Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
248,224 
51,670 
Tangible assets
9,112 
7,447 
257,336 
59,117 
Current assets
Debtors
5,066 
3,887 
Cash at bank and in hand
215,852 
74,497 
220,918 
78,384 
Creditors: amounts falling due within one year
(243,417)
(58,482)
Net current (liabilities)/assets
(22,499)
19,902 
Total assets less current liabilities
234,837 
79,019 
Creditors: amounts falling due after more than one year
(138,075)
(33,333)
Net assets
96,762 
45,686 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
96,752 
45,676 
Shareholders' funds
96,762 
45,686 
For the year ending 29 February 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 his 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 16 October 2024 and were signed on its behalf by
John Ounsworth Director Company Registration No. 12453306
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Northwood (hull Central) Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Northwood (hull Central) Limited is a private company, limited by shares, registered in England and Wales, registration number 12453306. The registered office is 16 Humber Street, Fruit Market , Hull, HU1 1TG, 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.
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
10% on cost
Fixtures & fittings
5% 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 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 March 2023
47,975 
15,000 
62,975 
Additions
- 
214,597 
214,597 
At 29 February 2024
47,975 
229,597 
277,572 
Amortisation
At 1 March 2023
9,355 
1,950 
11,305 
Charge for the year
3,119 
14,924 
18,043 
At 29 February 2024
12,474 
16,874 
29,348 
Net book value
At 29 February 2024
35,501 
212,723 
248,224 
At 28 February 2023
38,620 
13,050 
51,670 
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Northwood (hull Central) Limited Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
3,640 
10,704 
1,095 
15,439 
Additions
- 
1,207 
1,656 
2,863 
At 29 February 2024
3,640 
11,911 
2,751 
18,302 
Depreciation
At 1 March 2023
2,186 
5,013 
793 
7,992 
Charge for the year
364 
587 
247 
1,198 
At 29 February 2024
2,550 
5,600 
1,040 
9,190 
Net book value
At 29 February 2024
1,090 
6,311 
1,711 
9,112 
At 28 February 2023
1,454 
5,691 
302 
7,447 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,066 
2,482 
Accrued income and prepayments
- 
1,405 
5,066 
3,887 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
23,219 
- 
VAT
10,225 
1,260 
Taxes and social security
18,477 
3,295 
Other creditors
115,535 
22,387 
Loans from directors
74,940 
24,675 
Accruals
1,021 
6,865 
243,417 
58,482 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
138,075 
33,333 
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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