REGISTERED NUMBER: 03680388 (England and Wales)

Northants Leather Chemicals Ltd

Unaudited Financial Statements

for the Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I Bollard

REGISTERED OFFICE:

12 North Portway Close

Round Spinney Industrial Estate

Northampton

Northamptonshire

NN3 8RQ

REGISTERED NUMBER:

03680388 (England and Wales)

ACCOUNTANTS:

Kilby Fox

Chartered Accountants

4 Pavilion Court

600 Pavilion Drive

Northampton Business Park

Northampton

Northamptonshire

NN4 7SL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1

135

1

135

CURRENT ASSETS

Stocks

179,671

152,978

Debtors

6

127,039

117,317

Cash at bank

30,205

27,982

336,915

298,277

CREDITORS

Amounts falling due within one year

7

124,491

116,578

NET CURRENT ASSETS

212,424

181,699

TOTAL ASSETS LESS CURRENT LIABILITIES

212,425

181,834

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

8

50

50

Retained earnings

8

212,325

181,734

SHAREHOLDERS' FUNDS

212,425

181,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 December 2025 and were signed by:

I Bollard - Director

1.	STATUTORY INFORMATION

Northants Leather Chemicals Ltd 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.

Website is being amortised evenly over its 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.

Plant and machinery

-

25% on cost

Office equipment

-

25% on cost

Stocks

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

Hire purchase and leasing commitments

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 year was 7 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 August 2024

and 31 July 2025

4,000

AMORTISATION

At 1 August 2024

and 31 July 2025

4,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

equipment

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

38,277

15,353

53,630

DEPRECIATION

At 1 August 2024

38,277

15,218

53,495

Charge for year

-

134

134

At 31 July 2025

38,277

15,352

53,629

NET BOOK VALUE

At 31 July 2025

-

1

1

At 31 July 2024

-

135

135

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

103,089

93,853

Other debtors

23,950

23,464

127,039

117,317

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,897

1,213

Trade creditors

71,164

48,616

Taxation and social security

15,289

2,579

Other creditors

30,141

64,170

124,491

116,578

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 August 2024

181,734

50

181,784

Profit for the year

30,591

30,591

At 31 July 2025

212,325

50

212,375

9.	RELATED PARTY DISCLOSURES

During the year, the director received rent of £16,000 (2024: £16,000) from the company. At the balance sheet date the company owed the director £27,241 (2024: £63,301).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is I Bollard.

The ultimate controlling party is I Bollard.