REGISTERED NUMBER: 01060668 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

NORTHERN & CENTRAL

MACCLESFIELD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D J Farrimond

Mrs P Farrimond

Mr D B Farrimond

SECRETARY:

Mr D J Farrimond

REGISTERED OFFICE:

1st Floor

4 Jordan Street

Manchester

M15 4PY

REGISTERED NUMBER:

01060668 (England and Wales)

ACCOUNTANTS:

Connaughton & Co

1st Floor

4 Jordan Street

Manchester

M15 4PY

BANKERS:

National Westminster Bank plc

P.O. Box 65

2 Chestergate

Macclesfield

SK11 6BS

FIXED ASSETS

Tangible assets

4

10,869

11,773

Investment property

5

233,300

225,400

244,169

237,173

CURRENT ASSETS

Stocks

6

117,652

104,731

Debtors

7

93,960

104,711

Cash at bank and in hand

11,756

13,188

223,368

222,630

CREDITORS

Amounts falling due within one year

8

191,380

122,583

NET CURRENT ASSETS

31,988

100,047

TOTAL ASSETS LESS CURRENT LIABILITIES

276,157

337,220

PROVISIONS FOR LIABILITIES

9

25,390

23,441

NET ASSETS

250,767

313,779

CAPITAL AND RESERVES

Called up share capital

10

70,000

70,000

Retained earnings

11

180,767

243,779

SHAREHOLDERS' FUNDS

250,767

313,779

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Mr D B Farrimond - Director

1.	STATUTORY INFORMATION

Northern & Central Macclesfield 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Office

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

9,816

26,582

45,000

94,317

175,715

Additions

-

-

-

3,030

3,030

At 31 January 2026

9,816

26,582

45,000

97,347

178,745

DEPRECIATION

At 1 February 2025

9,110

26,303

34,702

93,827

163,942

Charge for year

71

42

2,574

1,247

3,934

At 31 January 2026

9,181

26,345

37,276

95,074

167,876

NET BOOK VALUE

At 31 January 2026

635

237

7,724

2,273

10,869

At 31 January 2025

706

279

10,298

490

11,773

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

225,400

Revaluations

7,900

At 31 January 2026

233,300

NET BOOK VALUE

At 31 January 2026

233,300

At 31 January 2025

225,400

Fair value at 31 January 2026 is represented by:

£

Valuation in 2026

96,186

Cost

137,114

233,300

The directors deem this to be a fair value as at 31 January 2026.

6.

STOCKS

31.1.26

31.1.25

£

£

Goods for resale

117,652

104,731

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

86,055

95,298

Other debtors

2,286

2,286

Prepayments and accrued income

5,619

7,127

93,960

104,711

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

34,186

46,950

Social security and other taxes

4,701

4,007

VAT

5,776

12,324

Amounts owed to fellow subsidiaries

122,658

41,590

Amount owed to parent company

18,499

10,403

Accrued expenses

5,560

7,309

191,380

122,583

9.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

25,390

23,441

Deferred

tax

£

Balance at 1 February 2025

23,441

Provided during year

1,949

Balance at 31 January 2026

25,390

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

65,000

Ordinary

£1

65,000

65,000

5,000

Preference

£1

5,000

5,000

70,000

70,000

11.

RESERVES

Retained

earnings

£

At 1 February 2025

243,779

Deficit for the year

(63,012

)

At 31 January 2026

180,767

12.	RELATED PARTY DISCLOSURES

The company is controlled by its parent company N & C Group UK Limited. Transactions have taken place with the group companies listed below:

NAME

RELATIONSHIP

N & C Group UK Limited

Parent company

Northern & Central Wigan Limited

Fellow subsidiary

Northern & Central Ormskirk Limited

Fellow subsidiary

Northern & Central Buxton Limited

Fellow subsidiary

Consultancy fees of £nil (2025: £12,000) were payable to N & C Group UK Limited during the year. Other transactions which are considered to be material and which have not been disclosed elsewhere in the financial statements amounted to:

Sales

Purchases

2026

2025

2026

2025

£

£

£

£

Northern & Central Wigan Limited

34,792

50,262

25,733

(2,885

)

Northern & Central Ormskirk Limited

18,627

22,678

46,263

31,599

Northern & Central Buxton Limited

12,157

11,917

12,823

8,683

65,576

84,857

84,819

37,397

The above transactions were all performed at cost.

Amounts due to the ultimate parent company and amounts due to / from fellow subsidiaries are disclosed in notes 9 and 10 of the financial statements.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is N & C Group UK Limited.