Company Registration No. SC591232 (Scotland)
NORTON PROPERTIES SCOTLAND LTD
Unaudited accounts
for the year ended 30 November 2021
NORTON PROPERTIES SCOTLAND LTD
Unaudited accounts
Contents
NORTON PROPERTIES SCOTLAND LTD
Company Information
for the year ended 30 November 2021
Directors
Mark Grier
Gary Grier
Company Number
SC591232 (Scotland)
Registered Office
EASTCROFT HOUSE
25 WOODHALL ROAD
WISHAW
ML2 8PY
UNITED KINGDOM
NORTON PROPERTIES SCOTLAND LTD
Statement of financial position
as at 30 November 2021
Investment property
2,171,870
571,870
Cash at bank and in hand
55,638
25,743
Creditors: amounts falling due within one year
(2,071,288)
(478,000)
Net current liabilities
(1,988,297)
(440,656)
Net assets
183,573
131,214
Called up share capital
100
100
Profit and loss account
183,473
131,114
Shareholders' funds
183,573
131,214
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 5 May 2022 and were signed on its behalf by
Mark Grier
Director
Company Registration No. SC591232
NORTON PROPERTIES SCOTLAND LTD
Notes to the Accounts
for the year ended 30 November 2021
NORTON PROPERTIES SCOTLAND LTD is a private company, limited by shares, registered in Scotland, registration number SC591232. The registered office is EASTCROFT HOUSE, 25 WOODHALL ROAD, WISHAW, ML2 8PY, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 December 2020
571,870
At 30 November 2021
2,171,870
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
Trade debtors
27,353
6,601
6
Creditors: amounts falling due within one year
2021
2020
Amounts owed to group undertakings and other participating interests
200,000
-
Taxes and social security
14,481
14,110
Loans from directors
1,856,807
463,890
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).