REGISTERED NUMBER: 03581784 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NORTHDELL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

P P Murphy

REGISTERED OFFICE:

248 Church Lane

Kingsbury

London

NW9 8SL

REGISTERED NUMBER:

03581784 (England and Wales)

ACCOUNTANTS:

Gill & Company

248 Church Lane

Kingsbury

London

NW9 8SL

FIXED ASSETS

Tangible assets

4

1,697

22,136

Investment property

5

10,960,000

10,910,000

10,961,697

10,932,136

CURRENT ASSETS

Cash at bank

81,529

6,315

CREDITORS

Amounts falling due within one year

6

457,056

372,671

NET CURRENT LIABILITIES

(375,527

)

(366,356

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,586,170

10,565,780

CREDITORS

Amounts falling due after more than one year

7

(3,476,785

)

(3,502,209

)

PROVISIONS FOR LIABILITIES

(1,195,052

)

(1,195,052

)

NET ASSETS

5,914,333

5,868,519

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,914,233

5,868,419

SHAREHOLDERS' FUNDS

5,914,333

5,868,519

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 23 December 2025 and were signed by:

P P Murphy - Director

1.	STATUTORY INFORMATION

Northdell Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the net income from lettings.

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 etc

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

95,281

Disposals

(49,297

)

At 31 March 2025

45,984

DEPRECIATION

At 1 April 2024

73,145

Charge for year

565

Eliminated on disposal

(29,423

)

At 31 March 2025

44,287

NET BOOK VALUE

At 31 March 2025

1,697

At 31 March 2024

22,136

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

10,910,000

Additions

50,000

At 31 March 2025

10,960,000

NET BOOK VALUE

At 31 March 2025

10,960,000

At 31 March 2024

10,910,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2020

9,375,000

Valuation in 2022

670,000

Valuation in 2024

532,885

Cost

382,115

10,960,000

If Investment Property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

4,788,532

4,788,532

Investment Property was valued on an open market basis on 31 March 2024 by the Director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

16,076

9,221

Other creditors

440,980

363,450

457,056

372,671

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,476,785

3,480,348

Hire purchase contracts

-

21,861

3,476,785

3,502,209

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

3,476,785

3,480,348

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Gill & Company

248 Church Lane

Kingsbury

London

NW9 8SL

23 December 2025