IRIS Accounts Production v24.3.2.46 06398785 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 false true false false false true false 1655 21760 1655 1655 21760 1655 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063987852023-10-31063987852024-10-31063987852023-11-012024-10-31063987852022-10-31063987852022-11-012023-10-31063987852023-10-3106398785ns15:EnglandWales2023-11-012024-10-3106398785ns14:PoundSterling2023-11-012024-10-3106398785ns10:Director12023-11-012024-10-3106398785ns10:Director22023-11-012024-10-3106398785ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3106398785ns10:SmallEntities2023-11-012024-10-3106398785ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3106398785ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3106398785ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3106398785ns10:FullAccounts2023-11-012024-10-310639878512023-11-012024-10-3106398785ns10:Director2422023-10-3106398785ns10:Director2422023-11-012024-10-3106398785ns10:Director2422022-11-012023-10-3106398785ns10:Director2422024-10-3106398785ns10:Director2422023-10-3106398785ns10:RegisteredOffice2023-11-012024-10-3106398785ns5:CurrentFinancialInstruments2024-10-3106398785ns5:CurrentFinancialInstruments2023-10-3106398785ns5:Non-currentFinancialInstruments2024-10-3106398785ns5:Non-currentFinancialInstruments2023-10-3106398785ns5:ShareCapital2024-10-3106398785ns5:ShareCapital2023-10-3106398785ns5:RetainedEarningsAccumulatedLosses2024-10-3106398785ns5:RetainedEarningsAccumulatedLosses2023-10-3106398785ns5:NetGoodwill2023-11-012024-10-3106398785ns5:PlantMachinery2023-11-012024-10-3106398785ns5:NetGoodwill2023-10-3106398785ns5:NetGoodwill2024-10-3106398785ns5:NetGoodwill2023-10-3106398785ns5:PlantMachinery2023-10-3106398785ns5:PlantMachinery2024-10-3106398785ns5:PlantMachinery2023-10-3106398785ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3106398785ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3106398785ns5:BetweenFive10Years2024-10-3106398785ns5:BetweenFive10Years2023-10-31063987851ns10:Director12023-10-31063987851ns10:Director12022-10-31063987851ns10:Director12023-11-012024-10-31063987851ns10:Director12022-11-012023-10-31063987851ns10:Director12024-10-31063987851ns10:Director12023-10-31
REGISTERED NUMBER: 06398785 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

NORTHWOOD (DONCASTER) LIMITED

NORTHWOOD (DONCASTER) LIMITED (REGISTERED NUMBER: 06398785)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NORTHWOOD (DONCASTER) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: R E Elworthy
Mrs H L Elworthy





REGISTERED OFFICE: 17A Sandringham Road
DONCASTER
DN2 5HU





REGISTERED NUMBER: 06398785 (England and Wales)

NORTHWOOD (DONCASTER) LIMITED (REGISTERED NUMBER: 06398785)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 311,957 359,969
Tangible assets 5 5,204 6,411
317,161 366,380

CURRENT ASSETS
Debtors 6 70,393 42,884
Cash at bank and in hand 120,475 84,280
190,868 127,164
CREDITORS
Amounts falling due within one year 7 327,085 303,004
NET CURRENT LIABILITIES (136,217 ) (175,840 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,944

190,540

CREDITORS
Amounts falling due after more than one year 8 (179,078 ) (211,668 )

PROVISIONS FOR LIABILITIES (1,301 ) (1,859 )
NET ASSETS/(LIABILITIES) 565 (22,987 )

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 463 (23,089 )
SHAREHOLDERS' FUNDS 565 (22,987 )

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

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

The directors acknowledge their 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.

NORTHWOOD (DONCASTER) LIMITED (REGISTERED NUMBER: 06398785)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:




R E Elworthy - Director



Mrs H L Elworthy - Director


NORTHWOOD (DONCASTER) LIMITED (REGISTERED NUMBER: 06398785)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Northwood (Doncaster) 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 represents rental income due to the company, management and administration fees charged by the company and commissions received.

The company offers landlords a guaranteed rental income, whereby the company rents the property from the landlord and then sublets the property to a tenant. Rents received under this scheme are treated as rental income, with the rents paid by the company being included as an expense within cost of sales. Rents received and paid are recognised in the period to which they relate.

Goodwill
Goodwill represents the excess of the cost of aquisition of businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Goodwill is considered to have a finite useful life and is amortised over its useful life which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

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 etc - 20% on cost

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.

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.

NORTHWOOD (DONCASTER) LIMITED (REGISTERED NUMBER: 06398785)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 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 26 (2023 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 513,915
AMORTISATION
At 1 November 2023 153,946
Charge for year 48,012
At 31 October 2024 201,958
NET BOOK VALUE
At 31 October 2024 311,957
At 31 October 2023 359,969

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 34,171
DEPRECIATION
At 1 November 2023 27,760
Charge for year 1,207
At 31 October 2024 28,967
NET BOOK VALUE
At 31 October 2024 5,204
At 31 October 2023 6,411

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,237 -
Amounts owed by associates 37,295 39,443
Other debtors 31,861 3,441
70,393 42,884

NORTHWOOD (DONCASTER) LIMITED (REGISTERED NUMBER: 06398785)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 68,575 86,062
Trade creditors 31,226 -
Taxation and social security 92,437 34,647
Other creditors 134,847 182,295
327,085 303,004

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 179,078 211,668

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,148 10,091

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the accounts at the balance sheet date amount to £54,436 (2023 - £62,848).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
R E Elworthy and Mrs H L Elworthy
Balance outstanding at start of year 1,655 -
Amounts advanced 21,760 1,655
Amounts repaid (1,655 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,760 1,655

Interest has been charged on the above loan at the official rate and is included within amounts advanced.