IRIS Accounts Production v26.1.10.60 03910047 Board of Directors 1.2.25 31.1.26 31.1.26 false true false false true false Fair value model 193 3398 40958 106409 41000 110000 235 193 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03910047 2025-01-31 03910047 2026-01-31 03910047 2025-02-01 2026-01-31 03910047 2024-01-31 03910047 2024-02-01 2025-01-31 03910047 2025-01-31 03910047 ns15:EnglandWales 2025-02-01 2026-01-31 03910047 ns14:PoundSterling 2025-02-01 2026-01-31 03910047 ns10:Director1 2025-02-01 2026-01-31 03910047 ns10:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 03910047 ns10:SmallEntities 2025-02-01 2026-01-31 03910047 ns10:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 03910047 ns10:SmallCompaniesRegimeForDirectorsReport 2025-02-01 2026-01-31 03910047 ns10:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 03910047 ns10:FullAccounts 2025-02-01 2026-01-31 03910047 42 ns10:Director2 2025-01-31 03910047 42 ns10:Director2 2024-01-31 03910047 42 ns10:Director2 2025-02-01 2026-01-31 03910047 42 ns10:Director2 2024-02-01 2025-01-31 03910047 42 ns10:Director2 2026-01-31 03910047 42 ns10:Director2 2025-01-31 03910047 ns10:Director2 2025-02-01 2026-01-31 03910047 ns10:CompanySecretary1 2025-02-01 2026-01-31 03910047 ns10:RegisteredOffice 2025-02-01 2026-01-31 03910047 ns5:CurrentFinancialInstruments 2026-01-31 03910047 ns5:CurrentFinancialInstruments 2025-01-31 03910047 ns5:Non-currentFinancialInstruments 2026-01-31 03910047 ns5:Non-currentFinancialInstruments 2025-01-31 03910047 ns5:ShareCapital 2026-01-31 03910047 ns5:ShareCapital 2025-01-31 03910047 ns5:RevaluationReserve 2026-01-31 03910047 ns5:RevaluationReserve 2025-01-31 03910047 ns5:RetainedEarningsAccumulatedLosses 2026-01-31 03910047 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 03910047 ns5:PlantMachinery 2025-01-31 03910047 ns5:FurnitureFittings 2025-01-31 03910047 ns5:ComputerEquipment 2025-01-31 03910047 ns5:PlantMachinery 2025-02-01 2026-01-31 03910047 ns5:FurnitureFittings 2025-02-01 2026-01-31 03910047 ns5:ComputerEquipment 2025-02-01 2026-01-31 03910047 ns5:PlantMachinery 2026-01-31 03910047 ns5:FurnitureFittings 2026-01-31 03910047 ns5:ComputerEquipment 2026-01-31 03910047 ns5:PlantMachinery 2025-01-31 03910047 ns5:FurnitureFittings 2025-01-31 03910047 ns5:ComputerEquipment 2025-01-31 03910047 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-01-31 03910047 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 03910047 ns5:CurrentFinancialInstruments 2025-02-01 2026-01-31 03910047 ns5:Non-currentFinancialInstruments 2025-02-01 2026-01-31 03910047 ns5:DeferredTaxation 2025-01-31 03910047 ns5:DeferredTaxation 2025-02-01 2026-01-31 03910047 ns5:DeferredTaxation 2026-01-31 03910047 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 03910047 ns5:RevaluationReserve 2025-01-31 03910047 ns5:RetainedEarningsAccumulatedLosses 2025-02-01 2026-01-31 03910047 ns10:Director1 1 2025-01-31 03910047 ns10:Director1 1 2024-01-31 03910047 ns10:Director1 1 2025-02-01 2026-01-31 03910047 ns10:Director1 1 2024-02-01 2025-01-31 03910047 ns10:Director1 1 2026-01-31 03910047 ns10:Director1 1 2025-01-31

REGISTERED NUMBER: 03910047 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 January 2026 |

| for |

| Northend Properties Limited |

| Northend Properties Limited (Registered number: 03910047) |

Contents of the Financial Statements

for the Year Ended 31 January 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Northend Properties Limited |

Company Information

for the Year Ended 31 January 2026

| DIRECTORS: | I Beaton

| G Scott

| SECRETARY: | I Beaton

| REGISTERED OFFICE: | Airport House

| Suite 43-45

| Purley Way

| Croydon

| Surrey

| CR0 0XZ

| REGISTERED NUMBER: | 03910047 (England and Wales)

| ACCOUNTANTS: | RAA Ledger Sparks Ltd

| Airport House

| Suite 43-45

| Purley Way

| Croydon

| CR0 0XZ

| Northend Properties Limited (Registered number: 03910047) |

Balance Sheet

31 January 2026

| 2026 |  | 2025

| Notes | £ | £ |

Fixed assets

Tangible assets | 4 | 38,410 |  | 51,320 |  |

Investment property | 5 | 1,874,875 |  | 1,868,910 |  |

1,913,285 |  | 1,920,230 |  |

Current assets

Debtors | 6 | 1,148 |  | 264 |  |

Cash at bank | 97,919 |  | 127,541 |  |

99,067 |  | 127,805 |  |

Creditors

Amounts falling due within one year | 7 | (46,119 | ) | (64,053 | ) |

Net current assets | 52,948 |  | 63,752 |  |

Total assets less current liabilities | 1,966,233 |  | 1,983,982 |  |

Creditors

Amounts falling due after more than one year | 8 | (384,593 | ) | (417,021 | ) |

Provisions for liabilities | 9 | (140,445 | ) | (140,594 | ) |

Net assets | 1,441,195 |  | 1,426,367 |  |

Capital and reserves

Called up share capital | 2 |  | 2 |  |

Investment property reserves | 10 | 892,020 |  | 892,020 |  |

Retained earnings | 10 | 549,173 |  | 534,345 |  |

1,441,195 |  | 1,426,367 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| Northend Properties Limited (Registered number: 03910047) |

Balance Sheet - continued

31 January 2026

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2026 and were signed on its behalf by:

I Beaton - Director

| Northend Properties Limited (Registered number: 03910047) |

Notes to the Financial Statements

for the Year Ended 31 January 2026

1. | STATUTORY INFORMATION

| Northend Properties 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 (£).

| The principal activity of the company was that of letting of own property.

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 as modified by the revaluation of certain assets.

| TURNOVER

| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover comprises revenue recognised by the company in respect of rent receivable and other income from the letting and management of land and property owned by the company during the year.

| Turnover is measured at the fair value of the consideration received or receivable, net of VAT and discounts. Turnover includes revenue earned from the rendering of services.

| TANGIBLE FIXED ASSETS

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery |  | 25% on reducing balance |  |

| Fixtures and fittings |  | 25% on reducing balance |  |

| Computer equipment |  | 25% on reducing balance |  |

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

| INVESTMENT PROPERTIES

| 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 at the reporting end date. Changes in fair value are recognised in profit or loss.

| FINANCIAL INSTRUMENTS

| The company only enters into basic financial transactions that result in recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from bank and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| Northend Properties Limited (Registered number: 03910047) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

2. | ACCOUNTING POLICIES - continued

| TAXATION

| The tax expense represents the sum of the tax currently payable and deferred tax.

| CURRENT TAX

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

| DEFERRED TAX

| Deferred tax is recognized in respect of all material timing differences that have originated but not reversed at the balance sheet date.

| PROVISIONS FOR LIABILITIES

| Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit and a reliable estimate can be made of the amount of the obligation.

| Provisions are charged as an expense to the statement of income and retained earning in the year that the company becomes aware of the obligation and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

| When payments are eventually made, they are charged to the provision carried in Balance sheet.

| GOING CONCERN

| At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2025 - 2 ) .

| Northend Properties Limited (Registered number: 03910047) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Computer |

| machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 February 2025 | 44,974 |  | 78,915 |  | - |  | 123,889 |  |

| Additions | 1,304 |  | 1,583 |  | 958 |  | 3,845 |  |

| Disposals | (34,105 | ) | (4,347 | ) | - |  | (38,452 | ) |

| At 31 January 2026 | 12,173 |  | 76,151 |  | 958 |  | 89,282 |  |

| DEPRECIATION

| At 1 February 2025 | 36,081 |  | 36,488 |  | - |  | 72,569 |  |

| Charge for year | 1,459 |  | 10,446 |  | 120 |  | 12,025 |  |

| Eliminated on disposal | (30,542 | ) | (3,180 | ) | - |  | (33,722 | ) |

| At 31 January 2026 | 6,998 |  | 43,754 |  | 120 |  | 50,872 |  |

| NET BOOK VALUE

| At 31 January 2026 | 5,175 |  | 32,397 |  | 838 |  | 38,410 |  |

| At 31 January 2025 | 8,893 |  | 42,427 |  | - |  | 51,320 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 February 2025 | 1,868,910 |  |

| Additions | 5,965 |  |

| At 31 January 2026 | 1,874,875 |  |

| NET BOOK VALUE

| At 31 January 2026 | 1,874,875 |  |

| At 31 January 2025 | 1,868,910 |  |

| Investment property comprises of 75 & 77 Morland Road, Croydon and 16a Parker road property. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties by directors.

| Northend Properties Limited (Registered number: 03910047) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

5. | INVESTMENT PROPERTY - continued

| Fair value at 31 January 2026 is represented by:

£ |

| Valuation in 2008 | 309,502 |  |

| Valuation in 2012 | 50,000 |  |

| Valuation in 2014 | 50,000 |  |

| Valuation in 2017 | 20,036 |  |

| Valuation in 2019 | 593,216 |  |

| Cost | 852,121 |  |

1,874,875 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 1,148 |  | 264 |  |

| The directors consider the carrying value of trade and other receivables approximate to their fair value.

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | - |  | 10,224 |  |

| Trade creditors | 5,963 |  | 2,341 |  |

| Taxation and social security | 35,674 |  | 47,220 |  |

| Other creditors | 4,482 |  | 4,268 |  |

46,119 |  | 64,053 |  |

| The directors consider the carrying amounts of current liabilities approximate to their fair values.

| Mortgage charge at Companies House has been registered by Lloyds Bank PLC for the loan taken by company, which has fixed, floating charges & negative pledge over the property to which it relates.

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans | 384,593 |  | 417,021 |  |

| The directors consider the carrying amounts of long term liabilities approximate to their fair values.

| Mortgage charge at Companies House has been registered by Lloyds Bank PLC for the loan taken by company, which has fixed, floating charges & negative pledge over the property to which it relates.

| Northend Properties Limited (Registered number: 03910047) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

9. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 140,445 |  | 140,594 |  |

| Deferred |

| tax |

£ |

| Balance at 1 February 2025 | 140,594 |  |

| Provided during year | (149 | ) |

| Balance at 31 January 2026 | 140,445 |  |

10. | RESERVES

| Investment |

| Retained |  | property |

| earnings |  | reserves |  | Totals

£ | £ | £ |

| At 1 February 2025 | 534,345 |  | 892,020 |  | 1,426,365 |  |

| Profit for the year | 55,828 |  | 55,828 |  |

| Dividends | (41,000 | ) | (41,000 | ) |

| At 31 January 2026 | 549,173 |  | 892,020 |  | 1,441,193 |  |

| PROFIT AND LOSS ACCOUNT

| The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders.These are distributable reserves.

| INVESTMENT PROPERTY RESERVES

| The Company uses the Fair value model for the measurement of its investment properties. The reserve records the fair value surplus recognised less the related provision for deferred tax. This is a non-distributable reserve.

| PROFIT AND LOSS RESERVES

| Retained earnings consist of fair value adjustments and deferred tax in relation to investment properties.

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026 | 2025 |

£ | £ |

| I Beaton and G Scott

| Balance outstanding at start of year | (193 | ) | 3,398 |  |

| Amounts advanced | 40,958 |  | 106,409 |  |

| Amounts repaid | (41,000 | ) | (110,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (235 | ) | (193 | ) |

| Northend Properties Limited (Registered number: 03910047) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

12. | RELATED PARTY DISCLOSURES

| At the balance sheet date included in other creditors are amounts due to directors of £235 (2025 - £193). This loan is interest free and repayable on demand.

| Included within administrative expenses are management charges of £19,000 (2025 - £4,167) from AIDB Ltd and of Nil (2025 - £2,500) from Safari Service Station Limited ,both of which have Iain Beaton as a director.

| Included within administrative expenses are management charges of £20,400 (2025 - £4,167) from Buildskill London Ltd in which Gary Scott is a director.