Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-291falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetruefalse2023-03-011Sale of timber 13225444 2023-03-01 2024-02-29 13225444 2022-03-01 2023-02-28 13225444 2024-02-29 13225444 2023-02-28 13225444 c:Director1 2023-03-01 2024-02-29 13225444 d:CurrentFinancialInstruments 2024-02-29 13225444 d:CurrentFinancialInstruments 2023-02-28 13225444 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13225444 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13225444 d:ShareCapital 2024-02-29 13225444 d:ShareCapital 2023-02-28 13225444 d:SharePremium 2024-02-29 13225444 d:SharePremium 2023-02-28 13225444 d:RetainedEarningsAccumulatedLosses 2024-02-29 13225444 d:RetainedEarningsAccumulatedLosses 2023-02-28 13225444 c:FRS102 2023-03-01 2024-02-29 13225444 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13225444 c:FullAccounts 2023-03-01 2024-02-29 13225444 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13225444 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 13225444









NORTHBOLD TIMBER AGENCY LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
NORTHBOLD TIMBER AGENCY LTD
REGISTERED NUMBER: 13225444

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
283
4,345

Cash at bank and in hand
 5 
98,001
99,983

  
98,284
104,328

Creditors: amounts falling due within one year
 6 
(2,859)
(7,840)

Net current assets
  
 
 
95,425
 
 
96,488

Total assets less current liabilities
  
95,425
96,488

  

Net assets
  
95,425
96,488


Capital and reserves
  

Called up share capital 
  
90
90

Share premium account
  
99,980
99,980

Profit and loss account
  
(4,645)
(3,582)

  
95,425
96,488


Page 1

 
NORTHBOLD TIMBER AGENCY LTD
REGISTERED NUMBER: 13225444
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2024.




J North
Director

The notes on pages 3 to 4 form part of these financial statements.
Page 2

 
NORTHBOLD TIMBER AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Northbold Timber Agency Ltd  ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.5

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 3

 
NORTHBOLD TIMBER AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
-
4,032

Other debtors
283
313

283
4,345



5.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
98,001
99,983



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
1,036
5,910

Accruals and deferred income
1,823
1,930

2,859
7,840


 
Page 4