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Company Registration No. 13147498 (England and Wales)
North West property Sourcing Limited Unaudited accounts for the year ended 31 January 2025
North West property Sourcing Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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North West property Sourcing Limited Company Information for the year ended 31 January 2025
Director
Davit Gambo
Company Number
13147498 (England and Wales)
Registered Office
Monkswell House Manse Lane Knaresborough England HG5 8NQ United Kingdom
Accountants
Craven Professional Solutions 126 Monkswell House Manse Lane Knaresborough North Yorkshire HG5 8NQ
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North West property Sourcing Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
562,001 
481,606 
Current assets
Cash at bank and in hand
448 
632 
Creditors: amounts falling due within one year
5
(20,050)
(19,794)
Net current liabilities
(19,602)
(19,162)
Total assets less current liabilities
542,399 
462,444 
Creditors: amounts falling due after more than one year
6
(541,449)
(468,265)
Net assets/(liabilities)
950 
(5,821)
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
850 
(5,921)
Shareholders' funds
950 
(5,821)
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 October 2025 and were signed on its behalf by
Davit Gambo Director Company Registration No. 13147498
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North West property Sourcing Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
North West property Sourcing Limited is a private company, limited by shares, registered in England and Wales, registration number 13147498. The registered office is Monkswell House, Manse Lane, Knaresborough, England, HG5 8NQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment properties
Investment properties are included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025 
£ 
Fair value at 1 February 2024
481,606 
Additions
80,395 
At 31 January 2025
562,001 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
256 
- 
Other creditors
19,254 
19,254 
Accruals
540 
540 
20,050 
19,794 
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North West property Sourcing Limited Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
397,395 
341,180 
Loans from directors
144,054 
127,085 
541,449 
468,265 
A fixed charge over certain investment property was granted on 31 March 2022 in favour of Charter Court Financial Services Limited. A fixed charge over certain investment property was granted on 20 December 2022 in favour of One Savings Bank Plc. A fixed charge over certain investment property was granted on 25 August 2023 in favour of The Mortgage Works (UK) Plc A fixed charge over certain investment property was granted on 31 October 2024 in favour of Paratus Amc Limited
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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