| Registered number: 09474572 | ||||||||
| FOR THE 548 DAY PERIOD ENDED 31/03/2025 | ||||||||
| Prepared By: | ||||||||
| WITHOUT BORDERS LIMITED | ||||||||
| 71-75 | ||||||||
| Shelton Street | ||||||||
| LONDON | ||||||||
| WC2H 9JQ | ||||||||
| NP22 LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THE 548 DAY PERIOD ENDED 31/03/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Gwent | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 09474572 | ||||||||
| ACCOUNTANTS | ||||||||
| WITHOUT BORDERS LIMITED | ||||||||
| 71-75 | ||||||||
| Shelton Street | ||||||||
| LONDON | ||||||||
| WC2H 9JQ | ||||||||
| NP22 LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THE548 DAY PERIODENDED31/03/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| NP22 LTD | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 5,301,191 | 3,101,025 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 1,824,187 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 7 | 4,126,486 | 2,007,830 | |||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 9 | |||||||||
| Revaluation reserve | 1e,10 | 300,000 | 300,000 | |||||||
| Profit and loss account | 6,472 | 77,962 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| NP22 LTD | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE 548 DAY PERIOD ENDED 31/03/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 25% | |||||||
| Commercial Vehicles | reducing balance 25% | |||||||
| Fixtures and Fittings | reducing balance 15% | |||||||
| Equipment | reducing balance 25% | |||||||
| Motor Cars | reducing balance 25% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1e. Revaluation Reserve | ||||||||
| Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10). | ||||||||
| Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. | ||||||||
| NP22 LTD | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 4 | |||||
| 3. TANGIBLE FIXED ASSETS | ||||||||||||||
| Land And | Plant and | Commercial | Fixtures | |||||||||||
| Buildings | Machinery | Vehicles | and Fittings | Equipment | Motor Cars | Total | ||||||||
| £ | £ | £ | £ | £ | £ | £ | ||||||||
| Cost | ||||||||||||||
| At 01/10/2023 | 427,000 | 136,496 | 38,295 | 35 | 1,685 | 19,350 | 622,861 | |||||||
| At 31/03/2025 | 427,000 | 136,496 | 38,295 | 35 | 1,685 | 19,350 | 622,861 | |||||||
| Depreciation | ||||||||||||||
| At 01/10/2023 | - | 36,155 | 19,053 | 27 | 421 | 4,838 | 60,494 | |||||||
| For the 548 day period | - | 25,085 | 4,810 | 1 | 316 | 3,628 | 33,840 | |||||||
| At 31/03/2025 | - | 61,240 | 23,863 | 28 | 737 | 8,466 | 94,334 | |||||||
| Net Book Amounts | ||||||||||||||
| At 31/03/2025 | 528,527 | |||||||||||||
| At 30/09/2023 | 562,367 | |||||||||||||
| 4. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| 5. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 75,300 | - | ||||||
| VAT | 4,213 | - | ||||||
| 79,513 | - | |||||||
| NP22 LTD | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 2,926 | 15,763 | ||||||
| VAT | - | 852 | ||||||
| PAYE control | 24,078 | 11,712 | ||||||
| NIC control | 1,590 | 940 | ||||||
| Directors current account | 104,242 | 117,720 | ||||||
| Mortgage | 1,124,550 | 1,124,550 | ||||||
| Credit card | 85 | 197 | ||||||
| Trade creditors | 139,187 | 5,104 | ||||||
| 1,396,658 | 1,276,838 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Bank loans (unsecured) >1yr | 1,465 | 1,465 | ||||||
| Bank loans (secured) >1yr | 4,055,684 | 1,854,559 | ||||||
| Hire purchase >1yr | 16,513 | 25,790 | ||||||
| Hire purchase >1yr | 52,824 | 126,016 | ||||||
| 4,126,486 | 2,007,830 | |||||||
| 8. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Other provisions | - | 660 | ||||||
| - | 660 | |||||||
| 9. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 102 | 102 | |||||||
| 102 | 102 | |||||||
| NP22 LTD | ||||||||
| 10. REVALUATION RESERVE | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Revaluation reserve | 300,000 | 300,000 | ||||||
| 300,000 | 300,000 | |||||||