Company registration number 14325777 (England and Wales)
NORTHERN RESIDENTIAL HOMES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
NORTHERN RESIDENTIAL HOMES LTD
COMPANY INFORMATION
Director
Mrs C Villers
Company number
14325777
Registered office
16 Castle Close
Middleton St George
Darlington
Co Durham
DL2 1DE
Accountants
Robson Laidler Accountants Limited
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
England
NE2 1TJ
NORTHERN RESIDENTIAL HOMES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
NORTHERN RESIDENTIAL HOMES LTD
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Investment property
3
232,553
173,311
Current assets
Debtors
4
60
56
Cash at bank and in hand
7,862
2,149
7,922
2,205
Creditors: amounts falling due within one year
5
(72,605)
(51,177)
Net current liabilities
(64,683)
(48,972)
Total assets less current liabilities
167,870
124,339
Creditors: amounts falling due after more than one year
6
(166,305)
(127,805)
Net assets/(liabilities)
1,565
(3,466)
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
1,465
(3,566)
Total equity
1,565
(3,466)

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 23 March 2026
Mrs C Villers
Director
Company registration number 14325777 (England and Wales)
NORTHERN RESIDENTIAL HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

Northern Residential Homes Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 16 Castle Close, Middleton St George, Darlington, Co Durham, DL2 1DE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in UK sterling which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements have been prepared on a going concern basis which, in the opinion of the director, is the appropriate basis. The company's ability to continue trading is dependent upon the ongoing support of its director and sole shareholder. In the event that the company is unable to continue trading, adjustments would have to be made to reduce the value of assets to their recoverable amount.true

1.3
Turnover

Turnover represents rents receivable in accordance with the underlying property leases.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

The methods and significant assumptions used to ascertain the fair value of £232,553 and fair value movement of £Nil included in the profit/loss for the year are as follows:

The investment properties have been valued at fair value based on estimates by the director

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

NORTHERN RESIDENTIAL HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current and deferred taxation assets and liabilities are not discounted.

Current tax

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 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.

1.7

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.8

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Investment property
2025
£
Fair value
At 1 September 2024
173,311
Additions
59,242
At 31 August 2025
232,553
NORTHERN RESIDENTIAL HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
3
Investment property
(Continued)
- 4 -

In the opinion of the director there has been no significant change in the fair value of the investment property since its acquisition

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Prepayments and accrued income
60
56
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
343
-
0
Other creditors
71,344
50,307
Accruals and deferred income
918
870
72,605
51,177
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
7
166,305
127,805
Creditors which fall due after five years are payable as follows:
Payable other than by instalments
166,305
127,805
7
Loans and overdrafts
2025
2024
£
£
Bank loans
166,305
127,805
Payable after one year
166,305
127,805

The bank loan is secured by fixed charges over the company's investment propert y.

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
NORTHERN RESIDENTIAL HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
9
Related party transactions
Transactions with related parties

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Key management personnel
69,706
49,274
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