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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
Page
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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
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North East Property Acquisitions Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
290,000 
290,000 
Current assets
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)
Net assets
35,170 
37,210 
Capital and reserves
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
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North East Property Acquisitions Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 July 2023
290,000 
At 30 June 2024
290,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
23,075 
25,417 
Accruals
500 
960 
23,575 
26,377 
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).
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