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Registration number: 05336391

Northbourne Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2024

Northbourne Investments Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

Northbourne Investments Limited

(Registration number: 05336391)
Balance Sheet as at 30 November 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Investment property | 4 | 830,938 | 836,832
Current assets |  |  |
Debtors | 5 | 23,385 | 4,816
Cash at bank and in hand |  | 264,405 | 185,632
|  | 287,790 | 190,448
Creditors: Amounts falling due within one year | 6 | (33,027) | (8,054)
Net current assets |  | 254,763 | 182,394
Total assets less current liabilities |  | 1,085,701 | 1,019,226
Provisions for liabilities |  | (15,499) | (15,499)
Net assets |  | 1,070,202 | 1,003,727
Capital and reserves |  |  |
Called up share capital | 7 | 23,468 | 23,468
Share premium reserve |  | 760,609 | 760,609
Other reserves |  | 81,573 | 81,573
Retained earnings |  | 204,552 | 138,077
Shareholders' funds |  | 1,070,202 | 1,003,727

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 October 2025

......................................... T M Brown Director

Northbourne Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
23 Bulldog Lane
Lichfield
WS13 7LN

These financial statements were authorised for issue by the director on 22 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Having considered all available information about the future, which is at least, but is not limited to, 12 months from the date when these financial statements are authorised for issue, management have concluded that it is appropriate to prepare these financial statements on a going concern basis.

Northbourne Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Judgements

Preparation of the financial statements requires management to make significant judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the change takes place if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Northbourne Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company under contracts of service (including the director) during the year, was 1 (2023: 1).

4 | Investment properties

| 2024 £
At 1 December | 836,832
Disposals | (5,894)
At 30 November | 830,938

There has been no valuation of investment property by an independent valuer.

5 | Debtors

Current | 2024 £ | 2023 £
Trade debtors | 23,385 | 4,816
| 23,385 | 4,816

Northbourne Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

6 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Trade creditors | 10,937 | -
Taxation and social security | 20,373 | 6,337
Other creditors | 1,717 | 1,717
| 33,027 | 8,054

7 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary of £1 each | 23,468 | 23,468 | 23,468 | 23,468