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REGISTERED NUMBER: 10631385 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

North Tech Property Services Limited

North Tech Property Services Limited (Registered number: 10631385)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

North Tech Property Services Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: L Rayner
R Winter
C Winter





REGISTERED OFFICE: 85 Underwood Grove
Cramlington
Northumberland
NE23 3UT





REGISTERED NUMBER: 10631385 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

North Tech Property Services Limited (Registered number: 10631385)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 7,051 7,778
Investment property 5 243,000 393,000
250,051 400,778

CURRENT ASSETS
Debtors 6 46,898 1,646
Cash at bank 1,528 1,293
48,426 2,939
CREDITORS
Amounts falling due within one year 7 253,394 171,905
NET CURRENT LIABILITIES (204,968 ) (168,966 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,083

231,812

CREDITORS
Amounts falling due after more than
one year

8

-

(165,390

)

PROVISIONS FOR LIABILITIES 9 (7,780 ) (11,915 )
NET ASSETS 37,303 54,507

North Tech Property Services Limited (Registered number: 10631385)

Balance Sheet - continued
31 March 2025

31.3.25 31.3.24
Notes £ £ £ £
CAPITAL AND RESERVES
Called up share capital 291 291
Fair value reserve 10 40,948 50,798
Retained earnings (3,936 ) 3,418
SHAREHOLDERS' FUNDS 37,303 54,507

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 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.

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 June 2025 and were signed on its behalf by:





L Rayner - Director


North Tech Property Services Limited (Registered number: 10631385)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

North Tech Property Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 5% on reducing balance
Motor vehicles - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


North Tech Property Services Limited (Registered number: 10631385)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£ £ £
COST
At 1 April 2024
and 31 March 2025 8,451 5,500 13,951
DEPRECIATION
At 1 April 2024 2,926 3,247 6,173
Charge for year 276 451 727
At 31 March 2025 3,202 3,698 6,900
NET BOOK VALUE
At 31 March 2025 5,249 1,802 7,051
At 31 March 2024 5,525 2,253 7,778

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 April 2024 393,000
Disposals (150,000 )
At 31 March 2025 243,000
NET BOOK VALUE
At 31 March 2025 243,000
At 31 March 2024 393,000

North Tech Property Services Limited (Registered number: 10631385)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2025 is represented by:
£
Valuation in 2023 62,713
Valuation in 2025 (150,000 )
Cost 330,287
243,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Other debtors - 675
Directors' loan accounts 46,321 -
Prepayments 577 971
46,898 1,646

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Bank loans and overdrafts - 9,000
Other loans 174,000 76,616
Directors' loan accounts 78,638 85,569
Accrued expenses 756 720
253,394 171,905

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.25 31.3.24
£ £
Bank loans > 1 yr - 165,390

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£ £
Deferred tax
Other timing differences 7,780 11,915

Deferred tax
£
Balance at 1 April 2024 11,915
Provided during year (4,135 )
Balance at 31 March 2025 7,780

North Tech Property Services Limited (Registered number: 10631385)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

10. RESERVES
Fair value
reserve
£
At 1 April 2024 50,798
Reserve transfer (9,850 )

At 31 March 2025 40,948

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£ £
R Winter
Balance outstanding at start of year (38,296 ) (35,942 )
Amounts advanced 84,617 -
Amounts repaid - (2,354 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 46,321 (38,296 )

North Tech Property Services Limited

Report of the Accountants to the Directors of
North Tech Property Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages one to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


12 June 2025