Company Registration No. 12279702 (England and Wales)
Ab Northern Living Limited
Unaudited accounts
for the year ended 31 March 2025
Ab Northern Living Limited
Unaudited accounts
Contents
Ab Northern Living Limited
Company Information
for the year ended 31 March 2025
Directors
Amy Ballantyne
Adam Ballantyne
Company Number
12279702 (England and Wales)
Registered Office
1 Jackson Close
Seaton Delaval
Whitley Bay
NE25 0PL
United Kingdom
Accountants
AB Northern Accounting Limited
1 Jackson Close
Seaton Delaval
Whitley Bay
Tyne & Wear
NE25 0PL
Ab Northern Living Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,031
2,156
Investment property
630,282
557,957
Cash at bank and in hand
25,398
73,031
Creditors: amounts falling due within one year
(155,019)
(327,554)
Net current liabilities
(129,621)
(254,523)
Total assets less current liabilities
501,692
305,590
Creditors: amounts falling due after more than one year
(630,088)
(378,838)
Net liabilities
(128,396)
(73,248)
Called up share capital
2
2
Profit and loss account
(128,398)
(73,250)
Shareholders' funds
(128,396)
(73,248)
For the year 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 directors acknowledge their 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 of Directors and authorised for issue on 28 December 2025 and were signed on its behalf by
Adam Ballantyne
Director
Company Registration No. 12279702
Ab Northern Living Limited
Notes to the Accounts
for the year ended 31 March 2025
Ab Northern Living Limited is a private company, limited by shares, registered in England and Wales, registration number 12279702. The registered office is 1 Jackson Close, Seaton Delaval, Whitley Bay, NE25 0PL, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
4 years straight line
4
Tangible fixed assets
Motor vehicles
Fair value at 1 April 2024
557,957
The Directors believe that the net book value of the Investment properties is in line with their current market value.
Ab Northern Living Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
140,268
Loans from directors
155,019
187,286
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
630,088
378,838
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).