Northwick Park Limited

(Registration number: 02032784)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	13,334	14,668
Current assets
Debtors	5	61,383	63,893
Cash at bank and in hand		131,315	128,315
		192,698	192,208
Creditors: Amounts falling due within one year	6	(124,710)	(98,650)
Net current assets		67,988	93,558
Net assets		81,322	108,226
Capital and reserves
Called up share capital		78	78
Reserve Fund		81,244	108,148
Shareholders' funds		81,322	108,226

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Northwick Park Limited

(Registration number: 02032784)
Balance Sheet as at 30 June 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:
 

Mrs E Wisniewski Director

D Wade Director

Northwick Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Estate Office, William Emes Garden
Northwick Park
Blockley
Moreton in Marsh
GL56 9RL

These financial statements were authorised for issue by the Board on 29 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Revenue represents service charges receivable during the period from the principal activities of the company, and all arises from within the United Kingdom.

Finance income and costs policy

Investment income from bank deposits is recognised when it has been credited to the relevant bank accounts.

Tax

As a non-profit company, the company is not chargeable to corporation tax on its income other than on bank interest receivable. The provision for corporation tax is the tax payable on the company's bank interest receivable during the financial year.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Northwick Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

2	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold Buildings	Straight line over 15 years.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are service charge amounts due for services provided by the company in the ordinary course of business.

Trade debtors are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the service charges raised.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Northwick Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 July 2024	20,001	20,001
At 30 June 2025	20,001	20,001
Depreciation
At 1 July 2024	5,333	5,333
Charge for the year	1,334	1,334
At 30 June 2025	6,667	6,667
Carrying amount
At 30 June 2025	13,334	13,334
At 30 June 2024	14,668	14,668

Freehold property includes freehold land of £1 (2024 - £1) which is not depreciated.

The value of the company's land is included at the nominal value of its acquisition. In view of the nature of the ownership of the land acquired, the directors are of the opinion that the market value of the estate, were it to be sold, may or may not be significantly different from the value shown.

5

Debtors

Current	2025 £	2024 £
Trade debtors	61,383	63,893
	61,383	63,893

Northwick Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	14,091	14,507
Taxation and social security	650	497
Accruals	11,021	3,409
Deferred income	98,948	80,237
	124,710	98,650