Northfield Development Consultants Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05456880 (England and Wales)

NORTHFIELD DEVELOPMENT CONSULTANTS

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R W B Cowling

J Cowling

SECRETARY:

R W B Cowling

REGISTERED OFFICE:

69-71 East Street

Epsom

Surrey

KT17 1BP

REGISTERED NUMBER:

05456880 (England and Wales)

ACCOUNTANTS:

Hakim Fry

Chartered Accountants

69-71 East Street

Epsom

Surrey

KT17 1BP

CURRENT ASSETS

Debtors

6

13,050

4,278

Cash at bank and in hand

465,628

59,574

478,678

63,852

CREDITORS

Amounts falling due within one year

7

217,791

40,639

NET CURRENT ASSETS

260,887

23,213

TOTAL ASSETS LESS CURRENT
LIABILITIES

260,887

23,213

CREDITORS

Amounts falling due after more than one
year

8

-

400

NET ASSETS

260,887

22,813

CAPITAL AND RESERVES

Called up share capital

750

Capital redemption reserve

250

Retained earnings

259,887

21,813

260,887

22,813

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 8 September 2026 and were signed on its behalf by:

R W B Cowling - Director

1.	STATUTORY INFORMATION

Northfield Development Consultants 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Revenue is recovered to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates and VAT. The following criteria must be also be met before revenue is recognised:

Consultancy

Revenue from consultancy is recognised as the company becomes entitled to consideration for the services supplied. Therefore, income includes the element of work completed but not yet invoiced.

Development

Revenue from development is recognised by reference to the stage of completion. Stage of completion is measured by reference to amount of works completed to date as a percentage of the total contract. Where the contract outcome cannot be measured reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Interest income

Revenue is recognised in the period earned.

Tangible fixed assets

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

Plant and machinery etc

-

Straight line over 3 years

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2025

and 31 May 2026

1,698

DEPRECIATION

At 1 June 2025

and 31 May 2026

1,698

NET BOOK VALUE

At 31 May 2026

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

Other debtors

13,050

4,278

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

Bank loans and overdrafts

400

1,200

Taxation and social security

215,537

36,214

Other creditors

1,854

3,225

217,791

40,639

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.5.26

31.5.25

£

Bank loans

-

400

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2026 and 31 May 2025:

31.5.26

31.5.25

£

R W B Cowling

Balance outstanding at start of year

-

4,500

Amounts advanced

-

13,850

Amounts repaid

-

(18,350

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

J Cowling

Balance outstanding at start of year

-

6,290

Amounts advanced

-

11,850

Amounts repaid

-

(18,140

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

10.	RELATED PARTY DISCLOSURES

Undergreen Ltd is related to Northfield Development Consultants Ltd by virtue of R Cowling being a director of both companies. At the balance sheet date a balance of £1,060 was owed to Undergreen Ltd

Ale Purveyors Ltd is related to Northfield Development Consultants Ltd by virtue of R Cowling being a director of both companies. At the balance sheet date a balance of £500 was owed to Ale Purveyors Ltd.

Worth House Properties Ltd is related to Northfield Development Consultants Ltd by virtue of R Cowling being a director of both companies. At the balance sheet date a balance of £12,275 was owed by Worth House Properties Ltd.

Peerland Homes Ltd is related to Northfield Development Consultants Ltd by virtue of R Cowling being a director of both companies. At the balance sheet date a balance of £25 was owed by Peerland Homes Ltd.

The company is controlled by the director R Cowling by virtue of his shareholding.