REGISTERED NUMBER: 04299492 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NORTHERN PROPERTIES (SCARBOROUGH)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A R Curry

REGISTERED OFFICE:

25-29 Sandy Way

Yeadon

Leeds

LS19 7EW

REGISTERED NUMBER:

04299492 (England and Wales)

ACCOUNTANTS:

J S White & Co Limited

25-29 Sandy Way

Yeadon

Leeds

LS19 7EW

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

148,571

148,571

Investment property

6

725,000

875,000

873,571

1,023,571

CURRENT ASSETS

Debtors

7

5,662

(10,138

)

Cash at bank

3,554

783

9,216

(9,355

)

CREDITORS

Amounts falling due within one year

8

43,556

96,561

NET CURRENT LIABILITIES

(34,340

)

(105,916

)

TOTAL ASSETS LESS CURRENT LIABILITIES

839,231

917,655

CREDITORS

Amounts falling due after more than one year

9

(505,918

)

(583,801

)

PROVISIONS FOR LIABILITIES

(81,552

)

(69,185

)

NET ASSETS

251,761

264,669

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

10

299,258

299,258

Retained earnings

(47,697

)

(34,789

)

SHAREHOLDERS' FUNDS

251,761

264,669

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 12 December 2025 and were signed by:

A R Curry - Director

1.	STATUTORY INFORMATION

Northern Properties (Scarborough) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

33% on cost

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

6,459

DEPRECIATION

At 1 April 2024

and 31 March 2025

6,459

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

148,571

NET BOOK VALUE

At 31 March 2025

148,571

At 31 March 2024

148,571

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

875,000

Disposals

(150,000

)

At 31 March 2025

725,000

NET BOOK VALUE

At 31 March 2025

725,000

At 31 March 2024

875,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

5,662

(10,138

)

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

43,556

96,561

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

497,200

570,882

Other creditors

8,718

12,919

505,918

583,801

10.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

299,258