Northumberland Square Limited

Northumberland Square Limited
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	278,000	257,000
		278,000	257,000
Current assets
Debtors	4	105,945	114,584
Cash at bank and in hand		10,040	5,816
		115,985	120,400
Creditors: amount falling due within one year	5	(1,080)	(1,141)
Net current assets		114,905	119,259

Total assets less current liabilities		392,905	376,259
Creditors: amount falling due after more than one year	6	(355,000)	(355,000)
Net assets		37,905	21,259

Capital and reserves
Called up share capital		100	100
Revaluation Reserves	7	132,598	0
Profit and loss account		(94,793)	21,159
Shareholders' funds		37,905	21,259

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small group companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 29 October 2026 and were signed on its behalf by:

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Jacqueline Pamela McGuire
Director

Northumberland Square Limited
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

Northumberland Square Limited is a private company, limited by shares, registered in England and Wales, registration number 13116926, registration address 20 Northumberland Square, North Shields, Tyne & Wear, NE30 1PX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Investment properties	Improvements to property	Total
	£	£	£
At 01 February 2025	72,922	51,480	124,402
Additions	-	-	-
Disposals	-	-	-
Revaluations	153,598	-	153,598
At 31 January 2026	226,520	51,480	278,000
Depreciation
At 01 February 2025	-	-	-
Charge for year	-	-	-
On disposals	-	-	-
At 31 January 2026	-	-	-
Net book values
Closing balance as at 31 January 2026	226,520	51,480	278,000
Opening balance as at 01 February 2025	205,520	51,480	257,000

Debtors: amounts falling due within one year

	2026 £		2025 £
Directors' Current Accounts	4,334		0
	4,334		0

Debtors: amounts falling due after one year

	2026 £		2025 £
Amount Owed by Group Undertakings	101,611		114,584
	101,611		114,584

Creditors: amount falling due within one year

	2026 £	2025 £
Accrued Expenses	1,080	1,080
Directors' Current Accounts	0	61
	1,080	1,141

Creditors: amount falling due after more than one year

	2026 £	2025 £
Loan 2	180,000	180,000
Mortgage	175,000	175,000
	355,000	355,000

Revaluation Reserves

	2026 £		2025 £
Revaluation Reserve b/fwd	132,598		0
	132,598		0

8.	Directors advances, credits and guarantees Included in debtors: amounts due within one year, are amounts owed by the Director of £4,334 (2025 - Creditors - £61)