Registration number: 03570763

Northern Estates and Properties Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 5

Northern Estates and Properties Limited

Balance Sheet

as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	515,000	445,000
Current assets
Debtors	5	52,909	53,508
Cash at bank and in hand		11,262	3,558
		64,171	57,066
Creditors: Amounts falling due within one year	6	(15,973)	(16,027)
Net current assets		48,198	41,039
Total assets less current liabilities		563,198	486,039
Provisions for liabilities		(26,941)	(18,351)
Net assets		536,257	467,688
Capital and reserves
Allotted, called up and fully paid share capital		1,000	1,000
Profit and loss account		535,257	466,688
Shareholders' funds		536,257	467,688

Registration number: 03570763

Northern Estates and Properties Limited

Balance Sheet

as at 30 June 2025 (continued)

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 12 December 2025 and signed on its behalf by:
 

......................................... Mr C R Lloyd Company secretary and director

Northern Estates and Properties Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 June 2025

1	General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 03570763.

The address of its registered office is:
First Floor
Rosemount House
Huddersfield Road
Elland
West Yorkshire
HX5 0EE

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rent of property and associated services provided in the ordinary course of the company's activities.
Turnover is shown net of value added tax, returns, rebates and discounts

Northern Estates and Properties Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 June 2025 (continued)

2	Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investment property

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if their fair value can be measured reliably.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 0 (2024 - 0).

Northern Estates and Properties Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 June 2025 (continued)

4	Investment properties

	2025 £	2024 £
At 1 July	445,000	445,000
Fair value adjustments	70,000	-
At 30 June	515,000	445,000

Properties are valued by the directors based on market conditions and in reference to external valuers calculations and similar properties.

The increase in fair value of £70,000 (2024: £nil) has been recognised in the profit and loss account.

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		-	555
Amounts owed by group undertakings		52,435	52,835
Prepayments		474	76
Other debtors		-	42
		52,909	53,508

6

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	96	96
Taxation and social security	32	-
Other creditors	-	400
Accruals and deferred income	2,030	2,000
Corporation tax	1,680	1,396
Directors loan accounts	12,135	12,135
	15,973	16,027