Company Registration No. 13418658 (England and Wales)
True North Homes Ltd
Unaudited accounts
for the year ended 31 May 2024
True North Homes Ltd
Unaudited accounts
Contents
True North Homes Ltd
Company Information
for the year ended 31 May 2024
Company Number
13418658 (England and Wales)
Accountants
GHB
102 JOHN CARTER HOUSE
54-58 KINGSLAND ROAD
LONDON
E2 8DP
True North Homes Ltd
Statement of financial position
as at 31 May 2024
Investment property
86,464
66,000
Cash at bank and in hand
787
1
Creditors: amounts falling due within one year
(90,796)
(66,000)
Net current liabilities
(90,009)
(65,999)
Net (liabilities)/assets
(3,545)
1
Called up share capital
1
1
Profit and loss account
(3,546)
-
Shareholders' funds
(3,545)
1
For the year ending 31 May 2024 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 director acknowledges his 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 and authorised for issue on 29 July 2026 and were signed on its behalf by
Brendan Gent
Director
Company Registration No. 13418658
True North Homes Ltd
Notes to the Accounts
for the year ended 31 May 2024
True North Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 13418658.
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.
Fair value at 1 June 2023
66,000
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
50,242
50,242
Loans from directors
40,554
15,758
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).