The Old Northamptonians Association Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06498032

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		504,830		504,656

			504,830		504,656
CURRENT ASSETS
Stocks	5	8,475		8,475
Debtors	6	128		5,648
Cash at bank and in hand		1,785		462

		10,388		14,585
Creditors: Amounts Falling Due Within One Year	7	(57,352 )		(28,436 )

NET CURRENT ASSETS (LIABILITIES)			(46,964 )		(13,851 )

TOTAL ASSETS LESS CURRENT LIABILITIES			457,866		490,805

Creditors: Amounts Falling Due After More Than One Year	8		(65,040 )		(79,907 )

NET ASSETS			392,826		410,898

RESERVES
Other reserves			293,691		293,691
Income and Expenditure Account			99,135		117,207

MEMBERS' FUNDS			392,826		410,898

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The Old Northamptonians Association Limited

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr Benjamin Briddon Director	Mr Steven Rowley Director
5 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Old Northamptonians Association Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 06498032 . The registered office is Sir Humphrey Cripps Pavilion, Billing Road, Northampton, Northamptonshire, NN1 5RX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Not depreciated
Plant & Machinery	10% reducing balance
Fixtures & Fittings	20% reducing balance
Computer Equipment	20% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the Income and Expenditure Account as they become payable in accordance with the rules of the scheme.

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The Old Northamptonians Association Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 22)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 June 2024	420,998	149,544	15,693	8,735	594,970
Additions	-	4,433	-	6,407	10,840

As at 31 May 2025	420,998	153,977	15,693	15,142	605,810

Depreciation
As at 1 June 2024	-	71,638	11,144	7,532	90,314
Provided during the period	-	8,234	910	1,522	10,666

As at 31 May 2025	-	79,872	12,054	9,054	100,980

Net Book Value
As at 31 May 2025	420,998	74,105	3,639	6,088	504,830

As at 1 June 2024	420,998	77,906	4,549	1,203	504,656

5. Stocks

	2025	2024
	£	£
Stock	8,475	8,475

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	60	5,580
Other debtors	68	68

	128	5,648

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	26,502	5,565
Bank loans and overdrafts	20,281	8,875
Other loans	5,000	-
Other creditors	-	4,240
Taxation and social security	5,569	9,756

	57,352	28,436

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The Old Northamptonians Association Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	10,133	20,000
Other loans	54,907	59,907

	65,040	79,907

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £5.

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