Silverfin false false 28/02/2025 01/03/2024 28/02/2025 P Butterworth 30/04/2019 P Dawson 22/05/2025 27/03/2024 R Gorrod 22/05/2025 04/02/2025 A Holt 30/04/2019 G Marshall 27/03/2024 26/10/2007 S Quiligotti 27/03/2024 26/10/2007 I Traynor 04/02/2025 07 August 2025 no description of principal activity 06272179 2025-02-28 06272179 bus:Director1 2025-02-28 06272179 bus:Director2 2025-02-28 06272179 bus:Director3 2025-02-28 06272179 bus:Director4 2025-02-28 06272179 bus:Director5 2025-02-28 06272179 bus:Director6 2025-02-28 06272179 bus:Director7 2025-02-28 06272179 2024-02-29 06272179 core:CurrentFinancialInstruments 2025-02-28 06272179 core:CurrentFinancialInstruments 2024-02-29 06272179 core:ShareCapital 2025-02-28 06272179 core:ShareCapital 2024-02-29 06272179 core:SharePremium 2025-02-28 06272179 core:SharePremium 2024-02-29 06272179 core:RetainedEarningsAccumulatedLosses 2025-02-28 06272179 core:RetainedEarningsAccumulatedLosses 2024-02-29 06272179 core:CostValuation 2024-02-29 06272179 core:CostValuation 2025-02-28 06272179 2024-03-01 2025-02-28 06272179 bus:FilletedAccounts 2024-03-01 2025-02-28 06272179 bus:SmallEntities 2024-03-01 2025-02-28 06272179 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 06272179 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 06272179 bus:Director1 2024-03-01 2025-02-28 06272179 bus:Director2 2024-03-01 2025-02-28 06272179 bus:Director3 2024-03-01 2025-02-28 06272179 bus:Director4 2024-03-01 2025-02-28 06272179 bus:Director5 2024-03-01 2025-02-28 06272179 bus:Director6 2024-03-01 2025-02-28 06272179 bus:Director7 2024-03-01 2025-02-28 06272179 2023-03-01 2024-02-29 06272179 1 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Company No: 06272179 (England and Wales)

NORTHPOINT GROUP LTD

Unaudited Financial Statements
For the financial year ended 28 February 2025
Pages for filing with the registrar

NORTHPOINT GROUP LTD

Unaudited Financial Statements

For the financial year ended 28 February 2025

Contents

NORTHPOINT GROUP LTD

BALANCE SHEET

As at 28 February 2025
NORTHPOINT GROUP LTD

BALANCE SHEET (continued)

As at 28 February 2025
Note 2025 2024
£'000 £'000
Fixed assets
Investments 3 2,060 2,060
2,060 2,060
Current assets
Debtors 4 0 781
0 781
Creditors: amounts falling due within one year 5 ( 2,033) ( 2,814)
Net current liabilities (2,033) (2,033)
Total assets less current liabilities 27 27
Net assets 27 27
Capital and reserves
Called-up share capital 0 0
Share premium account 24 24
Profit and loss account 3 3
Total shareholder's funds 27 27

For the financial year ending 28 February 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Northpoint Group Ltd (registered number: 06272179) were approved and authorised for issue by the Board of Directors on 07 August 2025. They were signed on its behalf by:

A Holt
Director
NORTHPOINT GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2025
NORTHPOINT GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Northpoint Group Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Globe Lane, Dukenfield, SK16 4UY , Cheshire, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £'000.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

2025 2024
Number Number
The Company has no employees other than the directors, who did not receive any remuneration. 0 0

3. Fixed asset investments

Investments in subsidiaries

2025
£'000
Cost
At 01 March 2024 2,060
At 28 February 2025 2,060
Carrying value at 28 February 2025 2,060
Carrying value at 29 February 2024 2,060

4. Debtors

2025 2024
£'000 £'000
Amounts owed by Group undertakings 0 781

5. Creditors: amounts falling due within one year

2025 2024
£'000 £'000
Amounts owed to Group undertakings 2,033 2,814

6. Contingencies

Contingent liabilities

2025 2024
£'000 £'000
Total contingent liabilities 2,396 1,677

The company is party to a cross guarantee with HSBC to secure borrowings in respect of other companies in the group. At 28 February 2025, the potential liability was £2,396k (2024: £1,677k).

7. Ultimate controlling party

The ultimate controlling party is the Northpoint Group Employee Ownership Trust.