Company Registration No. 11436157 (England and Wales)
North East Property Acquisitions Ltd
Unaudited accounts
for the year ended 30 June 2024
North East Property Acquisitions Ltd
Unaudited accounts
Contents
North East Property Acquisitions Ltd
Company Information
for the year ended 30 June 2024
Directors
J N Iceton
T S Heaney
Company Number
11436157 (England and Wales)
Registered Office
42 Beacon Street
Gateshead
NE9 5XN
United Kingdom
Accountants
O'Meara Fitzmaurice & Co
Brimstage Hall
Brimstage Road
Wirral
CH63 6JA
North East Property Acquisitions Ltd
Statement of financial position
as at 30 June 2024
Investment property
290,000
290,000
Cash at bank and in hand
9,660
14,502
Creditors: amounts falling due within one year
(23,575)
(26,377)
Net current liabilities
(13,915)
(11,875)
Total assets less current liabilities
276,085
278,125
Creditors: amounts falling due after more than one year
(240,915)
(240,915)
Called up share capital
1
1
Revaluation reserve
110,000
110,000
Profit and loss account
(74,831)
(72,791)
Shareholders' funds
35,170
37,210
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by
J N Iceton
Director
Company Registration No. 11436157
North East Property Acquisitions Ltd
Notes to the Accounts
for the year ended 30 June 2024
North East Property Acquisitions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11436157. The registered office is 42 Beacon Street, Gateshead, NE9 5XN, United Kingdom.
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.
Fair value at 1 July 2023
290,000
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
23,075
25,417
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
240,915
240,915
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).