Northern Bespoke Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07606387 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2024 to 31 December 2024

for

Northern Bespoke Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J P Hughes

Mr G May

REGISTERED OFFICE:

HMH House

8 Falcon Court

Preston Farm

Stockton on Tees

TS18 3TS

REGISTERED NUMBER:

07606387 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Intangible assets

4

1,240

Tangible assets

5

405,516

460,701

406,756

461,941

CURRENT ASSETS

Stocks

500

Debtors

6

186,885

286,800

Cash at bank

48,088

143,601

235,473

430,901

CREDITORS

Amounts falling due within one year

7

171,922

355,900

NET CURRENT ASSETS

63,551

75,001

TOTAL ASSETS LESS CURRENT
LIABILITIES

470,307

536,942

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

470,207

536,842

SHAREHOLDERS' FUNDS

470,307

536,942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by:

Mr G May - Director

1.	STATUTORY INFORMATION

Northern Bespoke Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 25% on cost, 20% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 May 2024

and 31 December 2024

1,240

NET BOOK VALUE

At 31 December 2024

1,240

At 30 April 2024

1,240

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

1,473,102

Additions

15,990

Disposals

(30,346

)

At 31 December 2024

1,458,746

DEPRECIATION

At 1 May 2024

1,012,401

Charge for period

65,638

Eliminated on disposal

(24,809

)

At 31 December 2024

1,053,230

NET BOOK VALUE

At 31 December 2024

405,516

At 30 April 2024

460,701

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2024

557,808

Transfer to ownership

(557,808

)

At 31 December 2024

-

DEPRECIATION

At 1 May 2024

334,661

Transfer to ownership

(334,661

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 30 April 2024

223,147

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

30/4/24

£

Trade debtors

169,524

279,884

Amounts owed by group undertakings

118

Other debtors

17,243

6,798

186,885

286,800

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

30/4/24

£

Hire purchase contracts

-

11,925

Trade creditors

31,601

63,015

Amounts owed to group undertakings

67,919

264,722

Taxation and social security

5,928

7,764

Other creditors

66,474

8,474

171,922

355,900