Northampton Commercial Limited

Northampton Commercial Limited

NORTHAMPTON COMMERCIAL LIMITED - Company Information

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1 April 2020 false Taxfiler 2021.20 12357211business:PrivateLimitedCompanyLtd2020-04-012021-03-31 123572112020-03-31 123572112020-04-012021-03-31 12357211business:AuditExemptWithAccountantsReport2020-04-012021-03-31 12357211business:FullAccounts2020-04-012021-03-31 123572112021-03-31 12357211business:Director12020-04-012021-03-31 12357211business:RegisteredOffice2020-04-012021-03-31 123572112020-03-31 12357211core:WithinOneYear2021-03-31 12357211core:WithinOneYear2020-03-31 12357211core:ShareCapital2021-03-31 12357211core:ShareCapital2020-03-31 12357211core:RetainedEarningsAccumulatedLosses2021-03-31 12357211core:RetainedEarningsAccumulatedLosses2020-03-31 12357211business:SmallEntities2020-04-012021-03-31 12357211countries:EnglandWales2020-04-012021-03-31 12357211business:OrdinaryShareClass12020-04-012021-03-31 12357211business:OrdinaryShareClass12019-12-102020-03-31 123572112019-12-102020-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12357211 (England and Wales)
Northampton Commercial Limited Unaudited accounts for the year ended 31 March 2021
Northampton Commercial Limited Unaudited accounts Contents
Page
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Northampton Commercial Limited Company Information for the year ended 31 March 2021
Director
Mr Y. Tal
Company Number
12357211 (England and Wales)
Registered Office
103 High Street Waltham Cross Herts. EN8 7AN
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross Herts. EN8 7AN
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Northampton Commercial Limited for the year ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Northampton Commercial Limited for the year ended 31 March 2021 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Northampton Commercial Limited, as a body, in accordance with the terms of our engagement letter dated 10 February 2020. Our work has been undertaken solely to prepare for your approval the accounts of Northampton Commercial Limited and state those matters that we have agreed to state to the Board of Directors of Northampton Commercial Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Northampton Commercial Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Northampton Commercial Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Northampton Commercial Limited. You consider that Northampton Commercial Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Northampton Commercial Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross Herts. EN8 7AN 26 January 2022
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Northampton Commercial Limited Statement of financial position as at 31 March 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
4
453 
- 
Cash at bank and in hand
32,528 
425 
32,981 
425 
Creditors: amounts falling due within one year
5
(156,175)
(2,930)
Net current liabilities
(123,194)
(2,505)
Net liabilities
(123,194)
(2,505)
Capital and reserves
Called up share capital
6
100 
100 
Profit and loss account
(123,294)
(2,605)
Shareholders' funds
(123,194)
(2,505)
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 January 2022 and were signed on its behalf by
Mr Y. Tal Director Company Registration No. 12357211
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Northampton Commercial Limited Notes to the Accounts for the year ended 31 March 2021
1
Statutory information
Northampton Commercial Limited is a private company, limited by shares, registered in England and Wales, registration number 12357211. The registered office is 103 High Street, Waltham Cross, Herts. , EN8 7AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
453 
- 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
2,431 
- 
Other creditors
151,894 
2,030 
Accruals
1,850 
900 
156,175 
2,930 
6
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Transactions with related parties
The company was under the control of Mr Y. Tal throughout the current period. Mr Y. Tal is personally interested in 100% of the company's share capital.
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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