REGISTERED NUMBER: 10414838 (England and Wales)

NPP Residential Ltd

Unaudited Financial Statements

for the Period

1 November 2023 to 22 October 2024

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

O B Conoley

T J Parkinson

Registered office:

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Registered number:

10414838 (England and Wales)

Accountants:

Mitchell Charlesworth

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

8,737

2,645

Current assets

Stocks

9,155

79,726

Debtors

5

338,243

218,488

Cash at bank

132,387

113,155

479,785

411,369

Creditors

Amounts falling due within one year

6

419,026

387,465

Net current assets

60,759

23,904

Total assets less current liabilities

69,496

26,549

Creditors

Amounts falling due after more than one year

7

(26,271

)

(25,378

)

Provisions for liabilities

(2,184

)

(502

)

Net assets

41,041

669

Capital and reserves

Called up share capital

8

100

100

Retained earnings

40,941

569

Shareholders' funds

41,041

669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 22 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 22 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 12 January 2026 and were signed on its behalf by:

O B Conoley - Director

1.	Statutory information

NPP Residential Ltd 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.

The company meets its day to day working capital requirements through loans The company directors consider it reasonable to rely on the continuation of these loan facilities. The financial statements have, therefore been prepared on a going concern basis and do not contain any adjustments that might be necessary if the loan facilities was not maintain at an appropriate level

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.

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 and 25% on reducing balance

Work in progress

Work in progress is valued at the lower of cost and net realisable value

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

The average number of employees during the period was 18 (2023 - 13 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 November 2023

5,887

Additions

10,694

At 22 October 2024

16,581

Depreciation

At 1 November 2023

3,242

Charge for period

4,602

At 22 October 2024

7,844

Net book value

At 22 October 2024

8,737

At 31 October 2023

2,645

5.

Debtors: amounts falling due within one year

22.10.24

31.10.23

£

£

Other debtors

338,243

218,488

6.

Creditors: amounts falling due within one year

22.10.24

31.10.23

£

£

Bank loans and overdrafts

9,921

9,921

Taxation and social security

226,040

193,361

Other creditors

183,065

184,183

419,026

387,465

7.

Creditors: amounts falling due after more than one year

22.10.24

31.10.23

£

£

Bank loans

26,271

25,378

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

22.10.24

31.10.23

value:

£

£

100

Ordinary

£1

100

100

9.	Other financial commitments

At the year end the company had operating lease commitments for rental agreements of within 1 year £20,794, 1-2 years £1,311.