1 June 2022 false No description of principal activity Taxfiler 2023.9.1 13416688business:PrivateLimitedCompanyLtd2022-06-012023-05-31 134166882022-05-31 134166882022-06-012023-05-31 13416688business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 13416688business:FilletedAccounts2022-06-012023-05-31 134166882023-05-31 13416688business:Director12022-06-012023-05-31 13416688business:RegisteredOffice2022-06-012023-05-31 134166882022-05-31 13416688core:WithinOneYear2023-05-31 13416688core:WithinOneYear2022-05-31 13416688core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 13416688core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 13416688core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 13416688core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 13416688core:PreviouslyStatedAmount2023-05-31 13416688core:PreviouslyStatedAmount2022-05-31 13416688business:SmallEntities2022-06-012023-05-31 13416688countries:EnglandWales2022-06-012023-05-31 13416688core:MotorVehicles2022-06-012023-05-31 13416688core:MotorVehicles2022-05-31 13416688core:MotorVehicles2023-05-31 134166882021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 13416688 (England and Wales)
Norfa ltd Filleted accounts for the year ended 31 May 2023
Norfa ltd Filleted accounts Contents
Page
- 2 -
Norfa ltd Company Information for the year ended 31 May 2023
Director
Rita Zebrauskiene
Company Number
13416688 (England and Wales)
Registered Office
62A CANONSLEIGH ROAD DAGENHAM RM9 4DJ ENGLAND
- 3 -
Norfa ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,920 
- 
Current assets
Inventories
8,500 
3,500 
Debtors
2,820 
2,426 
Cash at bank and in hand
3,931 
2,492 
15,251 
8,418 
Creditors: amounts falling due within one year
(31,035)
(9,090)
Net current liabilities
(15,784)
(672)
Net liabilities
(2,864)
(672)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(2,865)
(673)
Shareholders' funds
(2,864)
(672)
For the year ending 31 May 2023 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 her 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 23 October 2023 and were signed on its behalf by
Rita Zebrauskiene Director Company Registration No. 13416688
- 4 -
Norfa ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Norfa ltd is a private company, limited by shares, registered in England and Wales, registration number 13416688. The registered office is 62A CANONSLEIGH ROAD, DAGENHAM, RM9 4DJ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Straight line 20%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
- 
Additions
16,150 
At 31 May 2023
16,150 
Depreciation
Charge for the year
3,230 
At 31 May 2023
3,230 
Net book value
At 31 May 2023
12,920 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,522 
1,523 
Other debtors
1,298 
903 
2,820 
2,426 
- 5 -
Norfa ltd Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
233 
91 
Trade creditors
3,775 
- 
Loans from directors
27,027 
8,999 
31,035 
9,090 
7
Average number of employees
During the year the average number of employees was 2 (2022: 1).
- 6 -