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REGISTERED NUMBER: 04956727 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Northline Properties Limited

Northline Properties Limited (Registered number: 04956727)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Northline Properties Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Ms G P Berry





SECRETARY: Ms K P Seth





REGISTERED OFFICE: 10 Pymmes Gardens North
Edmonton
London
N9 9NU





REGISTERED NUMBER: 04956727 (England and Wales)






Northline Properties Limited (Registered number: 04956727)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 256,121 256,121

CURRENT ASSETS
Debtors 5 1,745 3,649
Cash at bank 55,667 48,025
57,412 51,674
CREDITORS
Amounts falling due within one year 6 4,399 5,683
NET CURRENT ASSETS 53,013 45,991
TOTAL ASSETS LESS CURRENT
LIABILITIES

309,134

302,112

CREDITORS
Amounts falling due after more than one
year

7

189,377

189,377
NET ASSETS 119,757 112,735

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 119,657 112,635
SHAREHOLDERS' FUNDS 119,757 112,735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Northline Properties Limited (Registered number: 04956727)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 November 2024 and were signed by:





Ms G P Berry - Director


Northline Properties Limited (Registered number: 04956727)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Northline Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

Northline Properties Limited (Registered number: 04956727)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


4. TANGIBLE FIXED ASSETS
Land and
buildings
£
COST
At 1 December 2022
and 30 November 2023 256,121
NET BOOK VALUE
At 30 November 2023 256,121
At 30 November 2022 256,121

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£ £
Trade debtors 1,745 3,649

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£ £
Trade creditors (1 ) 1,362
Taxation and social security 1,280 3,421
Other creditors 3,120 900
4,399 5,683

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£ £
Bank loans 189,377 189,377

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 189,377 189,377

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £ £
200 Ordinary £0.5 100 100

Northline Properties Limited (Registered number: 04956727)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


9. RESERVES
Retained
earnings
£

At 1 December 2022 112,635
Profit for the year 7,022
At 30 November 2023 119,657