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REGISTERED NUMBER: SC394137 (Scotland)















Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Norrian Ltd.

Norrian Ltd. (Registered number: SC394137)






Contents of the Financial Statements
for the year ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Norrian Ltd.

Company Information
for the year ended 28 February 2023







DIRECTOR: N J Skea





SECRETARY:





REGISTERED OFFICE: Barns of Ayre
Deerness
Orkney
KW17 2QJ





REGISTERED NUMBER: SC394137 (Scotland)





ACCOUNTANTS: Foubister & Bain
4 Broad Street
Kirkwall
Orkney
KW15 1NX

Norrian Ltd. (Registered number: SC394137)

Balance Sheet
28 February 2023

2022 2023
£    £    Notes £    £   
FIXED ASSETS
20,000 Tangible assets 4 20,000

CURRENT ASSETS
171,796 Debtors 5 215,489

CREDITORS
57,130 Amounts falling due within one year 6 73,701
114,666 NET CURRENT ASSETS 141,788

134,666
TOTAL ASSETS LESS CURRENT
LIABILITIES

161,788

CAPITAL AND RESERVES
1,000 Called up share capital 1,000
133,666 Retained earnings 160,788
134,666 161,788

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 November 2023 and were signed by:





N J Skea - Director


Norrian Ltd. (Registered number: SC394137)

Notes to the Financial Statements
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Norrian Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2022
and 28 February 2023 20,000
NET BOOK VALUE
At 28 February 2023 20,000
At 28 February 2022 20,000

Norrian Ltd. (Registered number: SC394137)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 215,489 171,796

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 35,775 21,680
Taxation 6,362 3,886
Other creditors 31,564 31,564
73,701 57,130