REGISTERED NUMBER: 07863750 (England and Wales)

Financial Statements

for the Year Ended 30 November 2025

for

Northern Chair World Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D A Wellings

REGISTERED OFFICE:

46 Waterloo Road

Blyth

Northumberland

NE24 1DH

REGISTERED NUMBER:

07863750 (England and Wales)

ACCOUNTANTS:

Paul Connon, FFA, FFTA

Suite 24 Arms Evertyne House

Quay Road

Blyth

Northumberland

NE24 2AS

FIXED ASSETS

Tangible assets

4

213

250

CURRENT ASSETS

Stocks

22,115

21,115

Debtors

5

11,491

5,736

Cash at bank

3,026

13,693

36,632

40,544

CREDITORS

Amounts falling due within one year

6

14,824

13,889

NET CURRENT ASSETS

21,808

26,655

TOTAL ASSETS LESS CURRENT LIABILITIES

22,021

26,905

CREDITORS

Amounts falling due after more than one year

7

10,261

15,650

NET ASSETS

11,760

11,255

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

11,758

11,253

SHAREHOLDERS' FUNDS

11,760

11,255

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 7 May 2026 and were signed by:

Mr D A Wellings - Director

1.	STATUTORY INFORMATION

Northern Chair World 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

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

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

4,422

DEPRECIATION

At 1 December 2024

4,172

Charge for year

37

At 30 November 2025

4,209

NET BOOK VALUE

At 30 November 2025

213

At 30 November 2024

250

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

7,440

2,877

Other debtors

4,051

2,859

11,491

5,736

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

6,517

-

Trade creditors

6,707

3,364

Taxation and social security

658

8,667

Other creditors

942

1,858

14,824

13,889

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

10,261

15,650