REGISTERED NUMBER: 08055755 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

NORTHWEST FUNFAIRS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K Hill

REGISTERED OFFICE:

Unit 1 Showmans Park

Morris Street

Bolton

Lancashire

BL1 1UG

REGISTERED NUMBER:

08055755 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Tangible assets

5

314,362

246,231

CURRENT ASSETS

Debtors

6

46,927

772

Cash at bank

1,371

-

48,298

772

CREDITORS

Amounts falling due within one year

7

485,404

258,886

NET CURRENT LIABILITIES

(437,106

)

(258,114

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(122,744

)

(11,883

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(122,745

)

(11,884

)

SHAREHOLDERS' FUNDS

(122,744

)

(11,883

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 27 May 2026 and were signed by:

K Hill - Director

1.	STATUTORY INFORMATION

Northwest Funfairs 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Rides and equipment

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Office equipment

-

20% on reducing balance

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Rides and

Motor

Office

equipment

Equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

299,705

14,500

65,730

1,618

381,553

Additions

250,000

-

5,000

-

255,000

Disposals

(200,000

)

-

-

-

(200,000

)

At 31 May 2025

349,705

14,500

70,730

1,618

436,553

DEPRECIATION

At 1 June 2024

103,733

2,900

27,182

1,507

135,322

Charge for year

44,596

2,320

8,711

22

55,649

Eliminated on disposal

(68,780

)

-

-

-

(68,780

)

At 31 May 2025

79,549

5,220

35,893

1,529

122,191

NET BOOK VALUE

At 31 May 2025

270,156

9,280

34,837

89

314,362

At 31 May 2024

195,972

11,600

38,548

111

246,231

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Directors current account

-

772

VAT

46,927

-

46,927

772

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

58,670

62,373

Hire purchase contracts

413,255

171,693

Social security and other taxes

-

2,903

VAT

-

3,437

Directors current account

1,766

-

Accrued expenses

11,713

18,480

485,404

258,886

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K Hill.