REGISTERED NUMBER: 16146599 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 20 DECEMBER 2024 TO 31 MARCH 2026

FOR

NORTHDOWN DAHLEY (COMMERCIAL) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L A Smith

Mrs D Speed

REGISTERED OFFICE:

Charlton House

Dour Street

Dover

Kent

CT16 1BL

REGISTERED NUMBER:

16146599 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

CURRENT ASSETS

Debtors

4

2,475

Cash at bank

74,276

76,751

CREDITORS

Amounts falling due within one year

5

51,291

NET CURRENT ASSETS

25,460

TOTAL ASSETS LESS CURRENT LIABILITIES

25,460

CAPITAL AND RESERVES

Called up share capital

6

50

Retained earnings

25,410

SHAREHOLDERS' FUNDS

25,460

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 25 August 2026 and were signed on its behalf by:

Mrs D Speed - Director

Mrs L A Smith - Director

1.	STATUTORY INFORMATION

Northdown Dahley (Commercial) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Taxation

Taxation for the period 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 period 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

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

Turnover

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

Turnover represents commission and fees earned from mortgage and related finance broking, and is recognised on completion of the underlying loan or, in the case of advice and administration fees, on completion of the work to which the fee relates. Commission earned before the period end but not settled by that date is reported in the period it is earned.

Commission received through the company's network principal, or collected on the company's behalf by companies under the common control of the directors, is recognised gross, the company acting as principal in providing the advisory service.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

2,475

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

9,872

Tax

38,671

Directors' current accounts

1,789

Accrued expenses

959

51,291

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

50

Ordinary

£1

50

50 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

7.	RELATED PARTY DISCLOSURES

During the year Northdown Financial Services Limited and Dahley Financial Services Ltd, companies under common control of the directors, collected mortgage commission income on behalf of the Company while lender agency arrangements were being established in the new trading entity.

Gross commission income of £95,333 was collected by Northdown Financial Services Limited and remitted in full to the Company. £3,584 relating to gross commission income was collected by Dahley Financial Services Ltd and remitted in full to the Company. These amounts have been recognised as turnover by the Company, as it was the beneficial recipient of the commission income. No fees or commissions were charged by Northdown Financial Services Limited nor Dahley Financial Services Ltd in respect of these arrangements.

At the balance sheet date, there were no outstanding balances between the parties arising from these transactions.