Company Registration No. 12257134 (England and Wales)
North London Kitchens Ltd
Unaudited accounts
for the year ended 31 October 2025
North London Kitchens Ltd
Unaudited accounts
Contents
North London Kitchens Ltd
Company Information
for the year ended 31 October 2025
Directors
B Alborzi
R J Haynes
Company Number
12257134 (England and Wales)
Registered Office
Schmidt Kitchens
17 High Street
Barnet
EN5 5UJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
North London Kitchens Ltd
Statement of financial position
as at 31 October 2025
Tangible assets
27,636
34,697
Cash at bank and in hand
46,322
6,779
Creditors: amounts falling due within one year
(388,696)
(402,001)
Net current liabilities
(274,538)
(276,242)
Total assets less current liabilities
(246,902)
(241,545)
Creditors: amounts falling due after more than one year
-
(23,752)
Net liabilities
(246,902)
(265,297)
Called up share capital
100
100
Profit and loss account
(247,002)
(265,397)
Shareholders' funds
(246,902)
(265,297)
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 31 July 2026 and were signed on its behalf by
B Alborzi
Director
Company Registration No. 12257134
North London Kitchens Ltd
Notes to the Accounts
for the year ended 31 October 2025
North London Kitchens Ltd is a private company, limited by shares, registered in England and Wales, registration number 12257134. The registered office is Schmidt Kitchens, 17 High Street, Barnet, EN5 5UJ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Land & buildings
Over the period of the lease
Plant & machinery
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The financial statements have been prepared on a going concern basis as the directors are satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due. The directors expect an upturn in future trade that would improve the company's profitability. They have also expressed a willingness to support the company.
North London Kitchens Ltd
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
64,530
34,665
10,188
12,683
122,066
At 31 October 2025
64,530
34,665
10,188
12,683
122,066
At 1 November 2024
32,265
34,665
7,756
12,683
87,369
Charge for the year
6,453
-
608
-
7,061
At 31 October 2025
38,718
34,665
8,364
12,683
94,430
At 31 October 2025
25,812
-
1,824
-
27,636
At 31 October 2024
32,265
-
2,432
-
34,697
Amounts falling due within one year
Trade debtors
57,014
106,729
Accrued income and prepayments
4,897
3,500
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,167
20,316
Trade creditors
51,261
69,964
Taxes and social security
-
5,245
Other creditors
212,976
147,031
Loans from directors
52,396
37,396
Deferred income
33,527
98,865
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).