Northmount Limited Filleted accounts for Companies House (small and micro)
Northmount Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02546028
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FOR THE YEAR ENDED |
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STATEMENT OF FINANCIAL POSITION |
2020 |
2019 |
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Note |
£ |
£ |
£ |
£ |
FIXED ASSETS
Tangible assets |
5 |
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Investments |
6 |
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CURRENT ASSETS
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
8 |
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------------- |
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NET CURRENT ASSETS |
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------------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: amounts falling due after more than one year |
9 |
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PROVISIONS
Taxation including deferred tax |
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Other provisions |
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-------- |
-------- |
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65,452 |
64,416 |
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
2020 |
2019 |
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Note |
£ |
£ |
£ |
£ |
CAPITAL AND RESERVES
Called up share capital |
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Share premium account |
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Capital redemption reserve |
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Non distributable reserves |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
10 December 2021
, and are signed on behalf of the board by:
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Director |
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Company registration number:
02546028
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 DECEMBER 2020
1.
GENERAL INFORMATION
The company is a private limited company, limited by shares. The address of the registered office is Fulford Lodge, 1 Heslington Lane, Fulford, York, YO10 4HW.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
(a)
Basis of preparation
Plant and machinery | - |
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(h)
Stocks
(i)
Provisions
(j)
Financial instruments
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to
5
(2019:
4
).
5.
TANGIBLE ASSETS
Plant and machinery |
Total |
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£ |
£ |
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Cost |
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At 1 January 2020 and 31 December 2020 |
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-------- |
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Depreciation |
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At 1 January 2020 |
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Charge for the year |
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-------- |
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At 31 December 2020 |
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-------- |
-------- |
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Carrying amount |
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At 31 December 2020 |
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-------- |
-------- |
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At 31 December 2019 |
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6.
INVESTMENTS
Investment properties |
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£ |
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Cost/Valuation |
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At 1 January 2020 and 31 December 2020 |
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Impairment |
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At 1 January 2020 and 31 December 2020 |
– |
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Carrying amount |
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At 31 December 2020 |
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At 31 December 2019 |
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Investment properties were valued in December 2020 by the directors who have experience in the location and category of investment property being valued.
7.
DEBTORS
2020 |
2019 |
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£ |
£ |
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Other debtors |
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8.
CREDITORS:
amounts falling due within one year
2020 |
2019 |
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£ |
£ |
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Bank loans |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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Bank loans are secured by means of a fixed charge over the assets of the company.
9.
CREDITORS:
amounts falling due after more than one year
2020 |
2019 |
|
£ |
£ |
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Bank loans |
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Bank loans are secured by means of a fixed charge over the assets of the company.
10.
RELATED PARTY TRANSACTIONS
During the year
the director
made available loans to the company. The loans are interest free and repayable on demand. At the year end date the balance due to the director totalled £ 3,036
(2019 - £ 1,491
). During the year Portward Ltd
, a company under common control, made available loans to the company. The loans are interest free and repayable on demand. At the year end date the balance due to Portward Ltd totalled £ 410,929
(2019 - £ 585,929
).