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Company Registration No. 11996162 (England and Wales)
Northern Property Partners Limited Unaudited accounts for the year ended 31 October 2025
Northern Property Partners Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Northern Property Partners Limited Company Information for the year ended 31 October 2025
Directors
Michael Aspinall H Aspinall
Company Number
11996162 (England and Wales)
Registered Office
Tower Court Armley Road Leeds LS12 2LY
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Northern Property Partners Limited Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
2,012 
5,462 
Tangible assets
5
49,060 
64,789 
51,072 
70,251 
Current assets
Debtors
6
263,897 
219,020 
Cash at bank and in hand
43,782 
155,971 
307,679 
374,991 
Creditors: amounts falling due within one year
7
(75,660)
(127,196)
Net current assets
232,019 
247,795 
Total assets less current liabilities
283,091 
318,046 
Creditors: amounts falling due after more than one year
8
(43,351)
(69,951)
Net assets
239,740 
248,095 
Capital and reserves
Profit and loss account
239,740 
248,095 
Shareholders' funds
239,740 
248,095 
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by
Michael Aspinall Director Company Registration No. 11996162
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Northern Property Partners Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Northern Property Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 11996162. The registered office is Tower Court, Armley Road, Leeds, LS12 2LY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2024
13,800 
At 31 October 2025
13,800 
Amortisation
At 1 November 2024
8,338 
Charge for the year
3,450 
At 31 October 2025
11,788 
Net book value
At 31 October 2025
2,012 
At 31 October 2024
5,462 
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Northern Property Partners Limited Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2024
65,089 
599 
28,518 
94,206 
Additions
- 
- 
1,856 
1,856 
At 31 October 2025
65,089 
599 
30,374 
96,062 
Depreciation
At 1 November 2024
11,566 
319 
17,532 
29,417 
Charge for the year
10,305 
120 
7,160 
17,585 
At 31 October 2025
21,871 
439 
24,692 
47,002 
Net book value
At 31 October 2025
43,218 
160 
5,682 
49,060 
At 31 October 2024
53,523 
280 
10,986 
64,789 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,028 
9,085 
Amounts due from group undertakings etc.
39,813 
- 
Accrued income and prepayments
54,432 
- 
Other debtors
158,624 
209,935 
263,897 
219,020 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,833 
- 
VAT
26,954 
53,667 
Trade creditors
27,204 
43,396 
Taxes and social security
10,892 
23,023 
Other creditors
2,405 
2,730 
Loans from directors
1,922 
- 
Accruals
450 
4,380 
75,660 
127,196 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
15,833 
Obligations under finance leases and hire purchase contracts
43,351 
54,118 
43,351 
69,951 
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Northern Property Partners Limited Notes to the Accounts for the year ended 31 October 2025
9
Transactions with related parties
In the period the company made the following loans to Aspinall Holdings Limited £93,091 (2024 - £93,061), NPP Developments Limited £21,254 (2024 - £14,967), LA Construction Consultants Ltd £556 (2024 - £556), NPP Group Limited £7,614 (2024 - £7,614), NPP Homes Limited £56,300 (2024 - £56,300), Changing Spaces and Interior Design Limited £10,946 (2024 - £10,946) and KAP Education Limited (previously Northern Buy to Let Limited) £0 (2024 - £21,943). All loans are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 14 (2024: 16).
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