NORTHWOOD LIVERPOOL LIMITED


Director	FARRAR, Shaun


Registered Address	15-17 West Derby Village
	Liverpool
	L12 5HJ


Registered Number	05421499 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		4,500		9,000
Tangible assets	4		7,428		2,648
			11,928		11,648
Current assets
Debtors	5	171,588		178,951
Cash at bank and on hand		195,853		190,197
		367,441		369,148
Creditors amounts falling due within one year	6	(223,208)		(241,275)
Net current assets (liabilities)			144,233		127,873
Total assets less current liabilities			156,161		139,521
Provisions for liabilities	7		(2,982)		(2,870)
Net assets			153,179		136,651
Capital and reserves
Called up share capital			100		100
Profit and loss account			153,079		136,551
Shareholders' funds			153,179		136,651

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 August 2026, and are signed on its behalf by:

FARRAR, Shaun
Director
Registered Company No. 05421499

NORTHWOOD LIVERPOOL LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

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

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Patents and licences are being amortised evenly over their estimated useful life of five years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25
	Office Equipment	25

2.	Average number of employees


		2026		2025
	Average number of employees during the year	6		8

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 25	22,500	22,500
At 31 March 26	22,500	22,500
Amortisation and impairment
At 01 April 25	13,500	13,500
Charge for year	4,500	4,500
At 31 March 26	18,000	18,000
Net book value
At 31 March 26	4,500	4,500
At 31 March 25	9,000	9,000

4.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 25	340	78,879	44,170	123,389
Additions	-	4,978	1,004	5,982
At 31 March 26	340	83,857	45,174	129,371
Depreciation and impairment
At 01 April 25	340	77,655	42,746	120,741
Charge for year	-	826	376	1,202
At 31 March 26	340	78,481	43,122	121,943
Net book value
At 31 March 26	-	5,376	2,052	7,428
At 31 March 25	-	1,224	1,424	2,648

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	-	12,000
Amounts owed by group undertakings	112,550	164,872
Other debtors	59,038	2,079
Total	171,588	178,951

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	9,255	7,594
Amounts owed to related parties	52,552	71,033
Taxation and social security	49,823	47,478
Other creditors	106,812	110,504
Accrued liabilities and deferred income	4,766	4,666
Total	223,208	241,275

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	2,982	2,870
Total	2,982	2,870