Northern Lodges (UK) Ltd.


Directors	Clair Mather
	Paul Mather


Company Secretary	Clair Mather


Registered Address	The Dunstanburgh Castle Hotel
	Embleton
	Alnwick
	NE66 3UN


Registered Number	07065421 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		138,451		192,805
			138,451		192,805
Current assets
Stocks	4	21,200		42,200
Debtors		12,404		250,119
Cash at bank and on hand		366,983		122,562
		400,587		414,881
Creditors amounts falling due within one year	5	(425,085)		(482,254)
Net current assets (liabilities)			(24,498)		(67,373)
Total assets less current liabilities			113,953		125,432
Creditors amounts falling due after one year	6		(84,425)		(95,486)
Provisions for liabilities	8		(17,826)		(25,911)
Net assets			11,702		4,035
Capital and reserves
Called up share capital			100		100
Profit and loss account			11,602		3,935
Shareholders' funds			11,702		4,035

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 Directors acknowledge 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 Board of Directors on 29 September 2025, and are signed on its behalf by:

Paul Mather
Director
Registered Company No. 07065421

Northern Lodges (UK) Ltd.

Notes to the Financial Statements
for the year ended 31 December 2024

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.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

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

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	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.

	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 (%)	Straight line (years)
Plant and machinery	20	-
Fixtures and fittings	25	-
Vehicles	25	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Government grants or assistance
	Government grants are recognised only where it is reasonably certain that an entity will comply with conditions attached to the grant. Grants are recognised as income over the period necessary to match them with related costs for which they are intended to compensate

2.	Average number of employees


		2024		2023
	Average number of employees during the year	28		42

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 January 24	8,955	75,896	72,473	212,573	13,504	383,401
Additions	-	-	-	207	105	312
Disposals	(8,955)	-	-	-	-	(8,955)
At 31 December 24	-	75,896	72,473	212,780	13,609	374,758
Depreciation and impairment
At 01 January 24	-	32,411	46,882	100,990	10,313	190,596
Charge for year	-	8,697	6,397	27,905	2,712	45,711
At 31 December 24	-	41,108	53,279	128,895	13,025	236,307
Net book value
At 31 December 24	-	34,788	19,194	83,885	584	138,451
At 31 December 23	8,955	43,485	25,591	111,583	3,191	192,805

4.	Stocks

	2024	2023
	£	£
Other stocks	21,200	42,200
Total	21,200	42,200

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	60,143	140,341
Bank borrowings and overdrafts	-	33,782
Taxation and social security	195,488	235,951
Payments received on account	49,590	61,757
Other creditors	112,969	1,024
Accrued liabilities and deferred income	6,895	9,399
Total	425,085	482,254


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	56,207	67,269
Other creditors	28,218	28,217
Total	84,425	95,486

7.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	28,217		28,217

8.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	17,826	25,911
Total	17,826	25,911

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Paul Mather	239,963	0	239,963	0
	239,963	0	239,963	0