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REGISTERED NUMBER: 05448873 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NORTHPOINT ASSOCIATES LIMITED

NORTHPOINT ASSOCIATES LIMITED (REGISTERED NUMBER: 05448873)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


NORTHPOINT ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mr G Whitehead





REGISTERED OFFICE: Cobalt Business Exchange
Cobalt Park Way
Wallsend
Tyne and Wear
NE28 9NZ





REGISTERED NUMBER: 05448873 (England and Wales)





ACCOUNTANTS: T O'Sullivan Limited
Verdemar House
230 Park View
Whitley Bay
Tyne and Wear
NE26 3QR

NORTHPOINT ASSOCIATES LIMITED (REGISTERED NUMBER: 05448873)

ABRIDGED BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 4,374 6,969
4,374 6,969

CURRENT ASSETS
Debtors 48,745 129,093
Cash at bank and in hand 306,829 32,098
355,574 161,191
CREDITORS
Amounts falling due within one year 347,276 167,712
NET CURRENT ASSETS/(LIABILITIES) 8,298 (6,521 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,672

448

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 12,572 348
SHAREHOLDERS' FUNDS 12,672 448

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 ASSOCIATES LIMITED (REGISTERED NUMBER: 05448873)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2025


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





Mr G Whitehead - Director


NORTHPOINT ASSOCIATES LIMITED (REGISTERED NUMBER: 05448873)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings - 25% reducing balance
Computer equipment - 33% straight line

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 5 ) .

3. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 118,650
AMORTISATION
At 1 April 2024
and 31 March 2025 118,650
NET BOOK VALUE

At 31 March 2025 -
At 31 March 2024 -

NORTHPOINT ASSOCIATES LIMITED (REGISTERED NUMBER: 05448873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 19,016
Additions 1,290
Disposals (4,559 )
At 31 March 2025 15,747
DEPRECIATION
At 1 April 2024 12,047
Charge for year 2,398
Eliminated on disposal (3,072 )
At 31 March 2025 11,373
NET BOOK VALUE
At 31 March 2025 4,374
At 31 March 2024 6,969

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 100 100