REGISTERED NUMBER: 14210236 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 July 2026

for

North Land Property Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Wrigg

Mrs L Wrigg

REGISTERED OFFICE:

442 Wakefield Road

Crofton

Wakefield

WF4 1RW

REGISTERED NUMBER:

14210236 (England and Wales)

ACCOUNTANTS:

Equate Limited

Chartered Certified Accountants

The Hive Wakefield

142 Thornes Lane

Wakefield

West Yorkshire

WF2 7RE

FIXED ASSETS

Tangible assets

4

4,259

5,680

Investment property

5

280,000

280,000

284,259

285,680

CURRENT ASSETS

Debtors

6

2,010

2,433

Cash at bank

3,539

172

5,549

2,605

CREDITORS

Amounts falling due within one year

7

83,973

85,880

NET CURRENT LIABILITIES

(78,424

)

(83,275

)

TOTAL ASSETS LESS CURRENT LIABILITIES

205,835

202,405

CREDITORS

Amounts falling due after more than one year

8

(189,962

)

(192,994

)

PROVISIONS FOR LIABILITIES

(3,724

)

(1,788

)

NET ASSETS

12,149

7,623

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

12,147

7,621

12,149

7,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 31 August 2026 and were signed on its behalf by:

J Wrigg - Director

1.	STATUTORY INFORMATION

North Land Property Ltd 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.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 August 2025

and 31 July 2026

10,100

DEPRECIATION

At 1 August 2025

4,420

Charge for year

1,421

At 31 July 2026

5,841

NET BOOK VALUE

At 31 July 2026

4,259

At 31 July 2025

5,680

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2025

and 31 July 2026

280,000

NET BOOK VALUE

At 31 July 2026

280,000

At 31 July 2025

280,000

Fair value at 31 July 2026 is represented by:

£

Valuation in 2023

98,386

Valuation in 2024

181,614

280,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Prepayments and accrued income

2,010

2,433

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Hire purchase contracts

-

1,807

Directors' current accounts

81,648

81,748

Accruals and deferred income

2,325

2,325

83,973

85,880

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.26

31.7.25

£

£

Bank loans more 5 yr by instal

189,962

188,157

Hire purchase contracts

-

4,837

189,962

192,994

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

189,962

188,157