1 September 2024 false No description of principal activity Taxfiler 2024.6 NI640293business:PrivateLimitedCompanyLtd2024-09-012025-03-31 NI6402932024-08-31 NI6402932024-09-012025-03-31 NI640293business:AuditExemptWithAccountantsReport2024-09-012025-03-31 NI640293business:FilletedAccounts2024-09-012025-03-31 NI6402932025-03-31 NI640293business:Director12024-09-012025-03-31 NI640293business:CompanySecretary12024-09-012025-03-31 NI640293business:RegisteredOffice2024-09-012025-03-31 NI6402932024-08-31 NI640293core:WithinOneYear2025-03-31 NI640293core:WithinOneYear2024-08-31 NI640293core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 NI640293core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 NI640293core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 NI640293core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 NI640293core:PreviouslyStatedAmount2025-03-31 NI640293core:PreviouslyStatedAmount2024-08-31 NI640293business:SmallEntities2024-09-012025-03-31 NI640293countries:NorthernIreland2024-09-012025-03-31 NI640293core:FurnitureFittings2024-09-012025-03-31 NI640293core:PlantMachinery2024-08-31 NI640293core:FurnitureFittings2024-08-31 NI640293core:PlantMachinery2025-03-31 NI640293core:FurnitureFittings2025-03-31 NI640293core:PlantMachinery2024-09-012025-03-31 NI6402932023-09-012024-08-31 iso4217:GBP xbrli:pure
Company Registration No. NI640293 (Northern Ireland)
NorthxSouth Limited Unaudited accounts for the period from 1 September 2024 to 31 March 2025
NorthxSouth Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NorthxSouth Limited Company Information for the period from 1 September 2024 to 31 March 2025
Director
Andrew Kilpatrick
Secretary
Andrew Kilpatrick
Company Number
NI640293 (Northern Ireland)
Registered Office
29 ACORN BUSINESS CENTRE 2 RIADA AVENUE BALLYMONEY ANTRIM BT53 7LH NORTHERN IRELAND
Accountants
TAG Accountants (N.I.) Ltd 81a Galgorm Road Ballymena Co Antrim BT42 1AA
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NorthxSouth Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
12,452 
15,566 
Current assets
Inventories
175,850 
209,000 
Debtors
5
34,899 
(11,009)
Cash at bank and in hand
104,546 
75,091 
315,295 
273,082 
Creditors: amounts falling due within one year
6
(157,174)
(138,263)
Net current assets
158,121 
134,819 
Total assets less current liabilities
170,573 
150,385 
Provisions for liabilities
Deferred tax
(2,366)
(2,958)
Net assets
168,207 
147,427 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
168,107 
147,327 
Shareholders' funds
168,207 
147,427 
For the period ending 31 March 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
Andrew Kilpatrick Director Company Registration No. NI640293
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NorthxSouth Limited Notes to the Accounts for the period from 1 September 2024 to 31 March 2025
1
Statutory information
NorthxSouth Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI640293. The registered office is 29 ACORN BUSINESS CENTRE, 2 RIADA AVENUE, BALLYMONEY, ANTRIM, BT53 7LH, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2024
15,633 
21,805 
37,438 
At 31 March 2025
15,633 
21,805 
37,438 
Depreciation
At 1 September 2024
7,895 
13,977 
21,872 
Charge for the period
1,548 
1,566 
3,114 
At 31 March 2025
9,443 
15,543 
24,986 
Net book value
At 31 March 2025
6,190 
6,262 
12,452 
At 31 August 2024
7,738 
7,828 
15,566 
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NorthxSouth Limited Notes to the Accounts for the period from 1 September 2024 to 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
20,097 
- 
Trade debtors
14,310 
(11,009)
Other debtors
492 
- 
34,899 
(11,009)
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
136,720 
117,917 
VAT
- 
9,052 
Trade creditors
1,084 
1,084 
Taxes and social security
5,559 
871 
Other creditors
- 
(492)
Loans from directors
5,811 
5,831 
Accruals
8,000 
4,000 
157,174 
138,263 
7
Average number of employees
During the period the average number of employees was 7 (2024: 7).
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