Company Registration No. 13199130 (England and Wales)
N&O Property Developments NE Ltd
Unaudited accounts
for the year ended 28 February 2025
N&O Property Developments NE Ltd
Unaudited accounts
Contents
N&O Property Developments NE Ltd
Company Information
for the year ended 28 February 2025
Directors
N Middlemas
D Luke
Company Number
13199130 (England and Wales)
Registered Office
14 BIRTLEY AVENUE
SUNDERLAND
SR5 4LR
ENGLAND
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
N&O Property Developments NE Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
95,000
20,569
Cash at bank and in hand
34,360
5,148
Creditors: amounts falling due within one year
(16,225)
(19,782)
Net current assets/(liabilities)
39,564
(14,634)
Total assets less current liabilities
134,564
5,935
Creditors: amounts falling due after more than one year
(50,000)
-
Provisions for liabilities
Called up share capital
2
2
Revaluation reserve
74,431
-
Profit and loss account
(7,732)
5,933
Shareholders' funds
66,701
5,935
For the 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. 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 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 of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by
D Luke
Director
Company Registration No. 13199130
N&O Property Developments NE Ltd
Notes to the Accounts
for the year ended 28 February 2025
N&O Property Developments NE Ltd is a private company, limited by shares, registered in England and Wales, registration number 13199130. The registered office is 14 BIRTLEY AVENUE, SUNDERLAND, SR5 4LR, ENGLAND.
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.
These financial statements for the year ended 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Cost or valuation
At valuation
At 28 February 2025
95,000
At 28 February 2025
95,000
At 29 February 2024
20,569
Amounts falling due within one year
N&O Property Developments NE Ltd
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
985
1,392
Loans from directors
15,240
18,390
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).