Registered Number: 06067775 Report of the Dlrettors and Unaudlted Flnanclal Statements for the year ended 31 December 2023 for NORTHERN CROSS
NORTHERN CROSS Contents Page For the year ended 31 December 2023 Company InforrT>ation Directors, report Accountants, report Income statement Statement of flnancial posltlo Notes to the flnanclal 5tstements Detalled Income Statement io 2oflO
NORTHERN CROSS Company Information For the year ended 31 December 2023 Dlrectors Fr D Tindall P J Baker T Hoban J Hughes P W Smith T Atkinson Registered Number 06067775 Reg15tered Offlce Collingwood House Church Square Hartlepool TS24 7EN Accountants Wm Fortune and Son Colllngwood House Church Square Hartlepool TS24 7EN Secrntary T Atklnson 3oflO
NORTHERN CROSS Directors, Report For the year ended 31 December 2023 Director'$ report and flnanclal statements The dlrectors present hislherltheir annual report and the flnanclal statements for the year ended 31 December 2023. Principal activities Principal activity of the company durlng the flnancial year was of the publication of a newspaper for the diocese of Hexham and Newcastle. Dlrectors The dlrectors who served the company throughout the year were as follows.. Fr D Tindall P J Baker T Hoban J Hughes P W Smith T Atklnson statement of dlrectors, responslbllltles The dlrectors are responslble for preparing the directors, report and the flnanclal statements In accordance wlth applicable law and regulations and In accordance wlth Unlted Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare flnancial statements for each financlal year. Under that law the directors have elected to prepare the flnanclal statements in accordance wlth Unlted Klngdom Generally Accepted Accountlng Practice Iunlted Klngdom Accounting Standards and appllcable law). Under company law the directors must not approve the flnanclal statements unle5S they are satisfied that they give a true and fair view of the state of affalrs of the company and the profit or loss of the company for that perS0d. In preparin9 these financial statements, the directors are required to select sultable accountlng policies and then apply them consistently make judgements and accounting estlmates that are reasonable and prudent state whether applicable UK Accounting Standards have been followed, subject to any materlol departures d15closed and explained In the financial statements and prepare the financial statements on the going concern basls unless It Is Inapproprlate to presume that the cornpany wlll contlnue In buslness. The dlrectors are responsbble for keeping adequate accounting records that are sufficlent to show and explain the company's transactions and disclose wlth reasonable accuracy at any time the financial PDSltion of the company and enable them to ensure that the financial statements comply with the Companles Act 2006. The dlrectors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detertion of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's webslte. Legislation in the United Kingdom, governlng the preparatlon and dissemination of financial statements, may differ from legSslation In other jurisdictions Thls report was approved by the board and signed on its behalf by.. Director Date approved: 17 April 2024 4oflO
NORTHERN CROSS Income Statement For the year ended 31 December 2023 Notes 2023 2022 Turnover 42,600 36,747 Cost of sales (36,866) 135,3721 Gr055 profit 5,734 1,375 Administrative expenses {4,440) 13,9931 Operatlng proflt/(105s) 1.294 (2,618) Proflt/(Loss) on ordinary activitiès before taxatlon 1,294 (2,618) Tax on profSt on ordlnary actlvities Proflt/(Loss) for the flnanclal year 1,294 {2,618) 6oflO
NORTHERN CROSS Accountants, Report For the year ended 31 December 2023 Accountant's report You conslder that the company is exempt from an audit for the year ended 31 December 2023 . You have acknowledged, on the balance sheet, your responsibllltles for complylno with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and falr vlew of the state of affairs of the company at the end of the financlal year and of its profit or1055 for the financial year. In accordance wlth your instructlons, we have prepared the accounts which comprise the Profit and Loss Account, the statement of Comprehenslve Income, the Balance Sheet, the Staternent of Changes in Equlty and the related notes from the accounting records of the company an¢ on the basls of Informatlon and explanations you have glven to us. We have not carrled out an audit or any other review, and consequently we do not express any opinion on these accounts, Wm Fortune and Son 31 December 2023 Wm Fortune and Son Colllngwood House Church Square Hartlepool TS24 7EN 17 Aprll 2024 sof 10
NORTHERN CROSS Statement of Financial Position As at 31 December 2023 Notes 2023 2022 Flxed assets Tanglble flxed assets 919 919 Current as$ets Debtors 820 2,511 Cash at bank and in hand 23,107 21,296 23,927 23,807 Credltors: amount falllng due wlthln one yejr Net current assets 19,7851 14,142 110,040) 13,767 Tot•1 Jssets less current Ilabllltles 15,061 13,767 Net assets 15,061 13,767 Capltal and reservo• Proflt and loss account 15,061 13,767 13,767 Shareholder•' fund¥ 15,061 For the year ended 31 December 2023 the company was entitled to èxernption frorn audlt under sectlon 477 of the Companies Act 2006 relating tg small companie5. Dlrectors. respon51bllltles: l. The members have not required the company to obtaln an audit of Its accounts for the year In questlon In accordance with section 476. 2. The dlrectors acknowledge their responsibilities for complying with the requirements of the Companles Act 2006 with respect to accounting records and the preparation of accounts. These financial statements have been prepared Sn accoréance with the provisions applicable to companies subJert to the small companies regime. The financial statements were approved by the board of dlrectors on 17 April 2024 and were Signed on its behalf by: Director 7of 10
NORTHERN CROSS Notes to the Financial Statements For the year ended 31 December 2023 Gener81 Inft•rmatlon Northern Cross is a private companyfft Ilmlted by shares, reglstered Sn , reglstratlon nmber 06067775, registration address Collingwood House, Church Square, Hartlepool, TS24 7EN. The presentation currency Is £ sterling. l. Accounting policies Significant accounting pollcles Statement of compliance These financial statement5 have been prepared In compliance wlth FRS 102 - The Flnanclal Reportlng Standard appllcable In the UK and Republic of Ireland and the Companle5 Act 2006. Bas1$ of preparatlon The flnanclal statements have been prepared under the hlstorlcal cost conventlen as mtsdlfied by the revaluatlon of land and bulldings and certaln flnanclal Instruments measured at fair value In accordance wlth the accounting pollcies. The financlal statements are prepared In sterllng whlch Is the functlonal currency of the tompany. 2. Operatlng proflt/(loss) 2023 2022 The operatlng pmfivlloss) is stated after charylng: Depreclatlon of tanglble flxed assets 306 3. Av¢rag¢ number of employees Average number of employees durlng the year was I 12022 . 1). 8oflO
NORTHERN CROSS Notes to the Financial Statements For the year ended 31 December 2023 4. Tangible fixed assets Cost or valuation Computer Equipment Total At 01 January 2023 Additions 1,225 1,225 Disposals At 31 December 2023 1,225 1,225 Depreclatlon At 01 January 2023 Charge for year On dlsposals At 31 December 2023 306 306 306 306 Net book value$ Closing balance as at 31 December 2023 Openlng balance as at 01 January 2023 919 919 5. Debtors: amounts lalllng du¢ wlthln ono year 2023 2022 Trade Debtor5 820 820 2,511 2,511 6. Credltors: amount falllng due withln one year 2023 2022 Trade Credltors other Creditors 255 9,785 10,040 9,785 9,785 7. Proflt and loss account 2023 Balance at 01 January 2023 Profit for the year Balance at 31 December 2023 13,767 1,294 15,061 9oflO