Company Registration No. 04444978 (England and Wales)
LANDLORD NORTH WEST LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
LANDLORD NORTH WEST LIMITED
CONTENTS
Page
Balance sheet
2
Notes to the financial statements
3 - 6
LANDLORD NORTH WEST LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MAY 2025
- 1 -

The director presents his annual report and financial statements for the year ended 31 May 2025.

Principal activities
The principal activity of the company continued to be that of Property Lettings.
Director
The director's interest in the shares of the company was as stated below:
Mr John Saxton

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr John Saxton
Director
12 August 2025
LANDLORD NORTH WEST LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,152,899
1,134,214
Current assets
Cash at bank and in hand
2,095
10,063
Creditors: amounts falling due within one year
3
(10,113)
(3,726)
Net current (liabilities)/assets
(8,018)
6,337
Total assets less current liabilities
1,144,881
1,140,551
Creditors: amounts falling due after more than one year
4
(295,125)
(295,125)
Net assets
849,756
845,426
Capital and reserves
Called up share capital
100
100
Revaluation reserve
5
647,321
647,321
Profit and loss reserves
202,335
198,005
Total equity
849,756
845,426

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 12 August 2025
Mr John Saxton
Director
Company Registration No. 04444978
LANDLORD NORTH WEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
1
Accounting policies
Company information

Landlord North West Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Stamford Square, Ashton-under-Lyne, Lancashire, OL6 6QU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Enter depreciation rate via StatDB - cd74
Plant and equipment
Enter depreciation rate via StatDB - cd76
Fixtures and fittings
Enter depreciation rate via StatDB - cd77

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

LANDLORD NORTH WEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 4 -
1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

LANDLORD NORTH WEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 June 2024
1,132,500
12,801
1,145,301
Additions
18,180
-
0
18,180
At 31 May 2025
1,150,680
12,801
1,163,481
Depreciation and impairment
At 1 June 2024
-
0
10,187
10,187
Depreciation charged in the year
-
0
395
395
At 31 May 2025
-
0
10,582
10,582
Carrying amount
At 31 May 2025
1,150,680
2,219
1,152,899
At 31 May 2024
1,132,500
1,714
1,134,214
Last year c/fwd depreciation
-
11,087
Differs from this year b/fwd by
-
(900)
3
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
10,113
3,726
LANDLORD NORTH WEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
4
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
295,125
295,125
5
Revaluation reserve
2025
2024
£
£
At the beginning and end of the year
647,321
647,321
2025-05-31 2024-06-01 false false false 12 August 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr John Saxton 04444978 2024-06-01 2025-05-31 04444978 bus:Consolidated 2024-06-01 2025-05-31 04444978 bus:Director1 2024-06-01 2025-05-31 04444978 2025-05-31 04444978 2024-05-31 04444978 core:LandBuildings 2025-05-31 04444978 core:OtherPropertyPlantEquipment 2025-05-31 04444978 core:LandBuildings 2024-05-31 04444978 core:OtherPropertyPlantEquipment 2024-05-31 04444978 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 04444978 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 04444978 core:Non-currentFinancialInstruments core:AfterOneYear 2025-05-31 04444978 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 04444978 core:ShareCapital 2025-05-31 04444978 core:ShareCapital 2024-05-31 04444978 core:RevaluationReserve 2025-05-31 04444978 core:RevaluationReserve 2024-05-31 04444978 core:RetainedEarningsAccumulatedLosses 2025-05-31 04444978 core:RetainedEarningsAccumulatedLosses 2024-05-31 04444978 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 04444978 core:PlantMachinery 2024-06-01 2025-05-31 04444978 core:FurnitureFittings 2024-06-01 2025-05-31 04444978 core:LandBuildings 2024-05-31 04444978 core:OtherPropertyPlantEquipment 2024-05-31 04444978 2024-05-31 04444978 core:LandBuildings 2024-06-01 2025-05-31 04444978 core:OtherPropertyPlantEquipment 2024-06-01 2025-05-31 04444978 core:CurrentFinancialInstruments 2025-05-31 04444978 core:CurrentFinancialInstruments 2024-05-31 04444978 core:Non-currentFinancialInstruments 2025-05-31 04444978 core:Non-currentFinancialInstruments 2024-05-31 04444978 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04444978 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 04444978 bus:FRS102 2024-06-01 2025-05-31 04444978 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 04444978 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP