Company Registration No. 10488181 (England and Wales)
Northside Homes Limited
Unaudited accounts
for the year ended 5 April 2025
Northside Homes Limited
Unaudited accounts
Contents
Northside Homes Limited
Company Information
for the year ended 5 April 2025
Company Number
10488181 (England and Wales)
Registered Office
19 Southend Road
Gateshead
Tyne and Wear
NE9 6XR
England
Accountants
Scott Accountancy Services
119 Lanchester Avenue
Gateshead
Tyne & Wear
NE9 7AN
Northside Homes Limited
Statement of financial position
as at 5 April 2025
Tangible assets
438,097
438,097
Cash at bank and in hand
1,038
1,880
Creditors: amounts falling due within one year
(142,155)
(147,885)
Net current liabilities
(141,117)
(146,005)
Total assets less current liabilities
296,980
292,092
Creditors: amounts falling due after more than one year
(271,151)
(276,759)
Profit and loss account
25,828
15,332
Shareholders' funds
25,829
15,333
For the year ending 5 April 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 her 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 2 January 2026 and were signed on its behalf by
Rachel Tasker
Director
Company Registration No. 10488181
Northside Homes Limited
Notes to the Accounts
for the year ended 5 April 2025
Northside Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 10488181. The registered office is 19 Southend Road, Gateshead, Tyne and Wear, NE9 6XR, England.
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:
Land & buildings
No Current policy to revalue annually
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,555
5,555
Taxes and social security
2,462
3,597
Other creditors
1,577
3,052
Loans from directors
131,973
135,081
Northside Homes Limited
Notes to the Accounts
for the year ended 5 April 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
271,151
276,759
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).