Company No:
Contents
| DIRECTORS | G TConnor |
| I Grice |
| REGISTERED OFFICE | Clarence House |
| Clarence Street | |
| Manchester | |
| M2 4DW | |
| United Kingdom |
| COMPANY NUMBER | 13176082 (England and Wales) |
| ACCOUNTANT | S&W Partners (Manchester) Limited |
| 3rd Floor Northern Assurance | |
| Albert Square | |
| 9/21 Princess Street | |
| Manchester | |
| M2 4DN |
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Current assets | ||||
| Stocks | 3 |
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| Cash at bank and in hand | 4 |
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| 18,335 | 16,026 | |||
| Creditors: amounts falling due within one year | 5 | (
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| Net current liabilities | (4,390) | (3,209) | ||
| Total assets less current liabilities | (4,390) | (3,209) | ||
| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 6 |
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| Profit and loss account | (
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| Total shareholder's deficit | (
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Directors' responsibilities:
The financial statements of Northmill Developments 1 Limited (registered number:
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G TConnor
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Northmill Development 1 (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Clarence House, Clarence Street, Manchester, M2 4DW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
As at 31 March 2025 the company had net current liabilities of £4,390 (2024 - 3,209). The company is dependent on the continued support of its parent company who has confirmed their commitment to continue to provide the necessary support as long as the company needs it.
On this basis the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that might be necessary if the parent company was not to provide further support.
Work in progress comprises of the amount spent on purchasing and developing land and properties and is
valued at the lower of cost and net realisable value. Net realisable value is based on anticipated selling price
less anticipated costs to completion and selling costs.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted.
Current 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.
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| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including directors |
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| £ | £ | ||
| Work in progress |
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| £ | £ | ||
| Cash at bank and in hand |
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| £ | £ | ||
| Amounts owed to Group undertakings |
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| Other creditors |
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| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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