IRIS Accounts Production v25.1.4.42 02995956 Board of Directors 1.4.24 31.3.25 31.3.25 the management, on a non profit making business, of a block of apartments for the owners and tenants of the apartments. The company is not entitled to receive any income from an interest in the land. 0 0 false true false false true false 0 0 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh029959562024-03-31029959562025-03-31029959562024-04-012025-03-31029959562023-03-31029959562023-04-012024-03-31029959562024-03-3102995956ns15:EnglandWales2024-04-012025-03-3102995956ns14:PoundSterling2024-04-012025-03-3102995956ns10:Director12024-04-012025-03-3102995956ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3102995956ns10:SmallEntities2024-04-012025-03-3102995956ns10:AuditExemptWithAccountantsReport2024-04-012025-03-3102995956ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3102995956ns10:FullAccounts2024-04-012025-03-3102995956ns10:OrdinaryShareClass12024-04-012025-03-3102995956ns10:Director22024-04-012025-03-3102995956ns10:Director32024-04-012025-03-3102995956ns10:Director42024-04-012025-03-3102995956ns10:Director52024-04-012025-03-3102995956ns10:Director72024-04-012025-03-3102995956ns10:Director82024-04-012025-03-3102995956ns10:CompanySecretary12024-04-012025-03-3102995956ns10:RegisteredOffice2024-04-012025-03-3102995956ns10:Director62024-04-012025-03-3102995956ns5:RetainedEarningsAccumulatedLosses2024-03-3102995956ns5:RetainedEarningsAccumulatedLosses2023-03-3102995956ns5:RetainedEarningsAccumulatedLosses2025-03-3102995956ns5:RetainedEarningsAccumulatedLosses2024-03-3102995956ns5:CurrentFinancialInstruments2025-03-3102995956ns5:CurrentFinancialInstruments2024-03-3102995956ns5:ShareCapital2025-03-3102995956ns5:ShareCapital2024-03-3102995956ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3102995956ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3102995956ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 02995956 (England and Wales)














OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 March 2025






OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED (REGISTERED NUMBER: 02995956)

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










Page

Company Information 1

Report of the Directors 2

Chartered Certified Accountants' Report 3

Statement of Income and Retained Earnings 4

Balance Sheet 5

Notes to the Financial Statements 6 to 8


OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED

Company Information
for the Year Ended 31 March 2025







Directors: Mrs D E Smith
Mrs G M Walton
Mr A Wake
Mr R Stahmann
Mrs G Loe
Ms C Roberts
Reverend J A Parkin





Secretary: Orchard Block Management Services Ltd





Registered office: Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF





Registered number: 02995956 (England and Wales)





Accountants: Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF

OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED (REGISTERED NUMBER: 02995956)

Report of the Directors
for the Year Ended 31 March 2025


The directors present their report with the financial statements of the company for the year ended 31 March 2025.

Dividends
No dividends will be distributed for the year ended 31 March 2025.

Directors
The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mrs D E Smith
Mrs G M Walton
Mr A Wake
Mr R Stahmann
Mrs G Loe
Ms C Roberts

Other changes in directors holding office are as follows:

Mrs A Jones - resigned 15 November 2024
Reverend J A Parkin - appointed 15 November 2024

On behalf of the board:





Mrs G Loe - Director


15 July 2025

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Old School House (Northampton) Limited



In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Old School House (Northampton) Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Old School House (Northampton) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Old School House (Northampton) Limited and state those matters that we have agreed to state to the Board of Directors of Old School House (Northampton) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Old School House (Northampton) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Old School House (Northampton) Limited. You consider that Old School House (Northampton) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Old School House (Northampton) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF


Date: .............................................

OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED (REGISTERED NUMBER: 02995956)

Statement of Income and Retained Earnings
for the Year Ended 31 March 2025

2025 2024
£    £   

TURNOVER - -

Administrative expenses (7,562 ) (3,123 )
(7,562 ) (3,123 )

Other operating income 8,340 8,340
OPERATING PROFIT 778 5,217


Interest payable and similar expenses (20 ) -
PROFIT BEFORE TAXATION 758 5,217

Tax on profit (144 ) (991 )
PROFIT FOR THE FINANCIAL YEAR 614 4,226

Retained earnings at beginning of year 27,598 23,372

RETAINED EARNINGS AT END OF YEAR 28,212 27,598

OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED (REGISTERED NUMBER: 02995956)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
CURRENT ASSETS
Debtors 4 14,035 16,120
Cash at bank 15,682 15,632
29,717 31,752
CREDITORS
Amounts falling due within one year 5 1,470 4,119
NET CURRENT ASSETS 28,247 27,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,247

27,633

CAPITAL AND RESERVES
Called up share capital 6 35 35
Retained earnings 28,212 27,598
SHAREHOLDERS' FUNDS 28,247 27,633

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2025 and were signed on its behalf by:



Mrs G Loe - Director


OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED (REGISTERED NUMBER: 02995956)

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


1. STATUTORY INFORMATION

Old School House (Northampton) 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income and expenditure account.

OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED (REGISTERED NUMBER: 02995956)

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


2. ACCOUNTING POLICIES - continued

Going concern
The current economic conditions present increased risks for all businesses. In response to such conditions, the director has carefully considered these risks, including an assessment of uncertainty on future trading projections for a period of at least twelve months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

Based on this assessment, the director considers that the Company maintains an appropriate level of liquidity, sufficient to meet the demands of the business including any capital and servicing obligations of external liabilities.

In addition, the Company's assets are assessed for recoverability on a regular basis, and the director considers that the Company is not exposed to losses of these assets which would affect their decision to adopt the going concern basis.

The director is therefore satisfied and has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Theses financial statements have therefore been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 35 2,120
Other debtors 14,000 14,000
14,035 16,120

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 98 925
Other creditors 725 2,593
Accrued expenses 647 601
1,470 4,119

OLD SCHOOL HOUSE (NORTHAMPTON) LIMITED (REGISTERED NUMBER: 02995956)

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


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
35 Ordinary £1 35 35