Northwick Park Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 02032784 (England and Wales)

Northwick Park Limited

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Pheasant

P J Cannan

C W Gregory

Mrs E Wisniewski

D Wade

SECRETARY:

P J Cannan

REGISTERED OFFICE:

17 Greenhill Street

Stratford upon Avon

CV37 6LF

REGISTERED NUMBER:

02032784 (England and Wales)

INDEPENDENT AUDITORS:

C Wiltshire & Co

Registered Auditor

17 Greenhill Street

Stratford upon Avon

CV37 6LF

SOLICITORS:

Shakespeare Martineau LLP

Somerset House

Temple Street

Birmingham

B2 5DJ

FIXED ASSETS

Tangible assets

4

17,334

18,671

CURRENT ASSETS

Debtors

5

41,730

36,678

Cash at bank

147,209

166,905

188,939

203,583

CREDITORS

Amounts falling due within one year

6

76,419

86,139

NET CURRENT ASSETS

112,520

117,444

TOTAL ASSETS LESS CURRENT LIABILITIES

129,854

136,115

CAPITAL AND RESERVES

Called up share capital

78

78

Reserve Fund

7

129,776

136,037

SHAREHOLDERS' FUNDS

129,854

136,115

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 8th November 2022 and were signed on its behalf by:

J Pheasant - Director

P J Cannan - Director

1.	STATUTORY INFORMATION

Northwick Park 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.	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.

Turnover

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

Tangible fixed assets

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

Freehold property

-

Buildings: Straight line over 15 years and Land: not provided

Taxation

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st July 2021

and 30th June 2022

20,001

DEPRECIATION

At 1st July 2021

1,330

Charge for year

1,337

At 30th June 2022

2,667

NET BOOK VALUE

At 30th June 2022

17,334

At 30th June 2021

18,671

Freehold property includes freehold land of £1 (2021 - £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: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Service charges receivable

41,730

36,160

Other debtors

-

518

41,730

36,678

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

6,697

19,485

Tax

(4

)

9

Deferred income

66,543

61,152

Accrued expenses

3,183

5,493

76,419

86,139

7.

RESERVES

Retained

Reserve

earnings

Fund

Totals

£

£

£

At 1st July 2021

-

136,037

136,037

Profit for the year

-

-

Reserve Fund contributions

for the year

-

59,204

59,204

Costs charged during the year

-

(59,769

)

(59,769

)

Operating service charge

deficit for the year

-

(5,696

)

(5,696

)

At 30th June 2022

-

129,776

129,776

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Wiltshire (Senior Statutory Auditor)

for and on behalf of C Wiltshire & Co

9.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10.	ULTIMATE CONTROLLING PARTY

The company has no shareholder(s) who may be regarded as having ultimate control.