Northgrant Limited - Filleted accounts

Registered number

01854327

Northgrant Limited

Unaudited Filleted Accounts

31 October 2025

Northgrant Limited
Registered number:		01854327
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		592,037			451,192

Current assets
Stocks		90,000			180,000
Debtors	4	306,371			290,066
Cash at bank and in hand		(13,861)			10,264
		382,510			480,330

Creditors: amounts falling due within one year	5	(657,622)			(379,224)

Net current (liabilities)/assets			(275,112)			101,106

Total assets less current liabilities			316,925			552,298

Creditors: amounts falling due after more than one year	6		(209,473)			(225,661)



Net assets			107,452			326,637

Capital and reserves
Called up share capital			101			101
Profit and loss account			107,351			326,536

Shareholders' funds			107,452			326,637

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Proudfoot
Director
Approved by the board on 31 July 2026

Northgrant Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	25% reducing balance
	Plant and machinery	15% reducing balance
	Office equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			10		14


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	812,375		110,000		922,375
	Additions	138,251		31,500		169,751
	Disposals	-		(30,000)		(30,000)
	At 31 October 2025	950,626		111,500		1,062,126

	Depreciation
	At 1 November 2024	430,058		41,125		471,183
	Charge for the year	541		12,896		13,437
	On disposals	-		(14,531)		(14,531)
	At 31 October 2025	430,599		39,490		470,089

	Net book value
	At 31 October 2025	520,027		72,010		592,037
	At 31 October 2024	382,317		68,875		451,192


4	Debtors			2025		2024
£					£

	Trade debtors			291,954		270,419
	Other debtors			14,417		19,647
				306,371		290,066


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			188,143		116,232
	Obligations under finance lease and hire purchase contracts			24,300		19,167
	Trade creditors			100,436		-
	Taxation and social security costs			144,877		200,237
	Other creditors			199,866		43,588
				657,622		379,224


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			167,537		197,215
	Obligations under finance lease and hire purchase contracts			41,936		28,446
				209,473		225,661


7	Other information

	Northgrant Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 8 Advantage Park
	Cater Road
	Bishopsworth
	Bristol
	BS13 7TE