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
Northwood (hull Central) Limited
Company Information
for the year ended 29 February 2024
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
Northwood (hull Central) Limited
Statement of financial position
as at 29 February 2024
Intangible assets
248,224
51,670
Tangible assets
9,112
7,447
Cash at bank and in hand
215,852
74,497
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)
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
Northwood (hull Central) Limited
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
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
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
At 29 February 2024
35,501
212,723
248,224
At 28 February 2023
38,620
13,050
51,670
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
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
At 29 February 2024
1,090
6,311
1,711
9,112
At 28 February 2023
1,454
5,691
302
7,447
Amounts falling due within one year
Accrued income and prepayments
-
1,405
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,219
-
Taxes and social security
18,477
3,295
Other creditors
115,535
22,387
Loans from directors
74,940
24,675
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).