NORTHWOOD LIVERPOOL LIMITED


Director	FARRAR, Shaun


Registered Address	15-17 West Derby Village
	Liverpool
	L12 5HJ


Registered Number	05421499 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		9,000		13,500
Tangible assets	4		2,648		3,429
			11,648		16,929
Current assets
Debtors	5	178,951		147,960
Cash at bank and on hand		190,197		156,222
		369,148		304,182
Creditors amounts falling due within one year	6	(241,275)		(195,290)
Net current assets (liabilities)			127,873		108,892
Total assets less current liabilities			139,521		125,821
Provisions for liabilities	7		(2,870)		(4,190)
Net assets			136,651		121,631
Capital and reserves
Called up share capital			100		100
Profit and loss account			136,551		121,531
Shareholders' funds			136,651		121,631

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 25 September 2025, and are signed on its behalf by:

FARRAR, Shaun
Director
Registered Company No. 05421499

NORTHWOOD LIVERPOOL LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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. Patents and licences are being amortised evenly over their estimated useful life of five years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		12

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 24	22,500	22,500
At 31 March 25	22,500	22,500
Amortisation and impairment
At 01 April 24	9,000	9,000
Charge for year	4,500	4,500
At 31 March 25	13,500	13,500
Net book value
At 31 March 25	9,000	9,000
At 31 March 24	13,500	13,500

4.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	340	78,879	44,170	123,389
At 31 March 25	340	78,879	44,170	123,389
Depreciation and impairment
At 01 April 24	340	77,349	42,271	119,960
Charge for year	-	306	475	781
At 31 March 25	340	77,655	42,746	120,741
Net book value
At 31 March 25	-	1,224	1,424	2,648
At 31 March 24	-	1,530	1,899	3,429

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	12,000	12,000
Amounts owed by group undertakings	164,872	130,000
Other debtors	2,079	5,960
Total	178,951	147,960

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	7,594	1,630
Amounts owed to related parties	71,033	70,279
Taxation and social security	47,478	43,837
Other creditors	110,504	73,359
Accrued liabilities and deferred income	4,666	6,185
Total	241,275	195,290

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	2,870	4,190
Total	2,870	4,190