REGISTERED NUMBER: 01731359 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CELTIC NORTHERN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G Jones

Mrs E Jones

SECRETARY:

Mrs E Jones

REGISTERED OFFICE:

Elgaf

Llwyn Y Fuches

Penygroes

Gwynedd

LL54 6ET

REGISTERED NUMBER:

01731359 (England and Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

FIXED ASSETS

Tangible assets

4

444,877

431,481

Investments

5

-

-

444,877

431,481

CURRENT ASSETS

Debtors

6

53,947

76,613

Cash at bank

59,047

7,701

112,994

84,314

CREDITORS

Amounts falling due within one year

7

40,817

17,693

NET CURRENT ASSETS

72,177

66,621

TOTAL ASSETS LESS CURRENT LIABILITIES

517,054

498,102

PROVISIONS FOR LIABILITIES

(49,377

)

(44,932

)

ACCRUALS AND DEFERRED INCOME

(164,184

)

(169,315

)

NET ASSETS

303,493

283,855

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

298,493

278,855

303,493

283,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 27 November 2025 and were signed on its behalf by:

R G Jones - Director

1.	STATUTORY INFORMATION

Celtic Northern 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

15% on cost and Straight line over 3 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

480,000

755,505

1,235,505

Additions

-

62,256

62,256

At 30 June 2025

480,000

817,761

1,297,761

DEPRECIATION

At 1 July 2024

150,000

654,024

804,024

Charge for year

10,000

38,860

48,860

At 30 June 2025

160,000

692,884

852,884

NET BOOK VALUE

At 30 June 2025

320,000

124,877

444,877

At 30 June 2024

330,000

101,481

431,481

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

2

PROVISIONS

At 1 July 2024

and 30 June 2025

2

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,582

56,165

Other debtors

35,365

20,448

53,947

76,613

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,164

933

Taxation and social security

5,634

16,760

Other creditors

33,019

-

40,817

17,693