Northwood Norwich Ltd - Filleted accounts

Registered number

04956203

Northwood Norwich Ltd

Filleted Accounts

30 April 2026

Northwood Norwich Ltd
Registered number:		04956203
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		31,709			33,984
Tangible assets	4		434,422			433,342
			466,131			467,326

Current assets
Debtors	5	118,807			114,812
Cash at bank and in hand		917,479			856,336
		1,036,286			971,148

Creditors: amounts falling due within one year	6	(744,965)			(789,562)

Net current assets			291,321			181,586

Total assets less current liabilities			757,452			648,912

Creditors: amounts falling due after more than one year	7		(269,950)			(269,950)



Net assets			487,502			378,962

Capital and reserves
Called up share capital			1,001			1,001
Profit and loss account			486,501			377,961

Shareholders' funds			487,502			378,962

The directors are 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 directors acknowledge their 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.




Stephen Summerhayes
Director
Approved by the board on 11 August 2026

Northwood Norwich Ltd
Notes to the Accounts
for the year ended 30 April 2026


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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Freehold buildings			No depreciation applied
	Fixtures, fittings, tools and equipment			20% straight line



	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



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


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					7		7


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 May 2025							634,631
	Additions							-
	At 30 April 2026							634,631

	Amortisation
	At 1 May 2025							600,647
	Provided during the year							2,275
	At 30 April 2026							602,922

	Net book value
	At 30 April 2026							31,709

	Goodwill was written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2025	430,301		58,523		62,899		551,723
	Additions	-		2,651		-		2,651
	At 30 April 2026	430,301		61,174		62,899		554,374

	Depreciation
	At 1 May 2025	-		55,482		62,899		118,381
	Charge for the year	-		1,571		-		1,571
	At 30 April 2026	-		57,053		62,899		119,952

	Net book value
	At 30 April 2026	430,301		4,121		-		434,422
	At 30 April 2025	430,301		3,041		-		433,342


5	Debtors					2026		2025
£							£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest					110,192		111,812
	Other debtors					8,615		3,000
						118,807		114,812


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					-		16,000
	Trade creditors					156,894		136,841
	Security deposits held for tenants					494,647		559,303
	Taxation and social security costs					85,331		70,173
	Other creditors					8,093		7,245
						744,965		789,562


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					269,950		269,950


8	Other information

	Northwood Norwich Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Broadland Court
	Wherry Road
	Norwich
	NR1 1UN