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REGISTERED NUMBER: 11388273 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Northpoint Geotechnical Limited

Northpoint Geotechnical Limited (Registered number: 11388273)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Northpoint Geotechnical Limited

Company Information
for the year ended 31 May 2024







DIRECTOR: M A S Robson





REGISTERED OFFICE: 4 Admiral Way
Regus House
Doxford International Business Park
Sunderland
Tyne & Wear
SR3 3XW





REGISTERED NUMBER: 11388273 (England and Wales)





ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG

Northpoint Geotechnical Limited (Registered number: 11388273)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,380 43,407

CURRENT ASSETS
Debtors 5 46,737 56,962
Cash at bank 20,307 -
67,044 56,962
CREDITORS
Amounts falling due within one year 6 42,378 42,186
NET CURRENT ASSETS 24,666 14,776
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,046

58,183

CREDITORS
Amounts falling due after more than one
year

7

(3,703

)

(6,664

)

PROVISIONS FOR LIABILITIES (6,152 ) (8,244 )
NET ASSETS 47,191 43,275

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 46,991 43,075
SHAREHOLDERS' FUNDS 47,191 43,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Northpoint Geotechnical Limited (Registered number: 11388273)

Balance Sheet - continued
31 May 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2025 and were signed by:





M A S Robson - Director


Northpoint Geotechnical Limited (Registered number: 11388273)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Northpoint Geotechnical 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.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% Straight line

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Northpoint Geotechnical Limited (Registered number: 11388273)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 57,979
DEPRECIATION
At 1 June 2023 14,572
Charge for year 11,027
At 31 May 2024 25,599
NET BOOK VALUE
At 31 May 2024 32,380
At 31 May 2023 43,407

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,520 55,601
Amounts recoverable on contract 32,990 -
Other debtors 1,227 1,361
46,737 56,962

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,962 6,936
Trade creditors 5,720 1,800
Taxation and social security 30,318 30,364
Other creditors 3,378 3,086
42,378 42,186

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,703 6,664