1 December 2020 false No description of principal activity Taxfiler 2022.8.3 SC591232business:PrivateLimitedCompanyLtd2020-12-012021-11-30 SC5912322020-11-30 SC5912322020-12-012021-11-30 SC591232business:AuditExempt-NoAccountantsReport2020-12-012021-11-30 SC591232business:FullAccounts2020-12-012021-11-30 SC5912322021-11-30 SC591232business:Director12020-12-012021-11-30 SC591232business:Director22020-12-012021-11-30 SC591232business:RegisteredOffice2020-12-012021-11-30 SC5912322020-11-30 SC591232core:WithinOneYear2021-11-30 SC591232core:WithinOneYear2020-11-30 SC591232core:ShareCapital2021-11-30 SC591232core:ShareCapital2020-11-30 SC591232core:RetainedEarningsAccumulatedLosses2021-11-30 SC591232core:RetainedEarningsAccumulatedLosses2020-11-30 SC591232business:SmallEntities2020-12-012021-11-30 SC591232countries:Scotland2020-12-012021-11-30 SC591232core:AfterOneYear2021-11-30 SC591232core:AfterOneYear2020-11-30 SC5912322019-12-012020-11-30 iso4217:GBP xbrli:pure
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
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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
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NORTON PROPERTIES SCOTLAND LTD Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Investment property
2,171,870 
571,870 
Current assets
Debtors
27,353 
11,601 
Cash at bank and in hand
55,638 
25,743 
82,991 
37,344 
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 
Capital and reserves
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
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NORTON PROPERTIES SCOTLAND LTD Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
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.
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
Investment property
2021 
£ 
Fair value at 1 December 2020
571,870 
Additions
1,600,000 
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 
Other debtors
- 
5,000 
27,353 
11,601 
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 
2,071,288 
478,000 
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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