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11 NORTHFIELD LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10809940
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,801,550 1,801,550
1,801,550 1,801,550
CURRENT ASSETS
Cash at bank and in hand 6,760 5,362
6,760 5,362
Creditors: Amounts Falling Due Within One Year 5 (556,938 ) (555,980 )
NET CURRENT ASSETS (LIABILITIES) (550,178 ) (550,618 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,251,372 1,250,932
Creditors: Amounts Falling Due After More Than One Year 6 (1,007,154 ) (1,007,154 )
NET ASSETS 244,218 243,778
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 300,000 300,000
Profit and Loss Account (55,882 ) (56,322 )
SHAREHOLDERS' FUNDS 244,218 243,778
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Aron Goldman
Director
Mr Zeev Goldman
Director
27th May 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
11 NORTHFIELD LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10809940 . The registered office is 98 Darenth Road, London, N16 6ED.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 July 2024 1,801,550
As at 30 June 2025 1,801,550
Net Book Value
As at 30 June 2025 1,801,550
As at 1 July 2024 1,801,550
Page 3
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5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 556,568 555,610
Accruals and deferred income 370 370
556,938 555,980
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,007,154 1,007,154
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Revaluation Reserve
£
As at 1 July 2024 300,000
As at 30 June 2025 300,000
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Aron Goldman by virtue of his ownership of 75% of the issued share capital in the company.
Page 4