IRIS Accounts Production v23.3.1.45 SC159301 director 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC1593012022-06-30SC1593012023-06-30SC1593012022-07-012023-06-30SC1593012021-06-30SC1593012021-07-012022-06-30SC1593012022-06-30SC159301ns10:Originalns15:Scotland2022-07-012023-06-30SC159301ns14:PoundSterlingns10:Original2022-07-012023-06-30SC159301ns10:Originalns10:Director12022-07-012023-06-30SC159301ns10:Original2022-07-012023-06-30SC159301ns10:Original2023-06-30SC159301ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-30SC159301ns10:Originalns10:SmallEntities2022-07-012023-06-30SC159301ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-30SC159301ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-30SC159301ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-30SC159301ns10:Originalns10:FullAccounts2022-07-012023-06-30SC159301ns10:CompanySecretary1ns10:Original2022-07-012023-06-30SC159301ns10:Originalns10:RegisteredOffice2022-07-012023-06-30SC159301ns10:Original2022-06-30SC159301ns10:Originalns5:CurrentFinancialInstruments2023-06-30SC159301ns10:Originalns5:CurrentFinancialInstruments2022-06-30SC159301ns10:Originalns5:Non-currentFinancialInstruments2023-06-30SC159301ns10:Originalns5:Non-currentFinancialInstruments2022-06-30SC159301ns5:ShareCapitalns10:Original2023-06-30SC159301ns5:ShareCapitalns10:Original2022-06-30SC159301ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-30SC159301ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-30SC159301ns10:Originalns5:LandBuildings2022-07-012023-06-30SC159301ns10:Originalns5:PlantMachinery2022-07-012023-06-30SC159301ns10:Original2021-07-012022-06-30SC159301ns10:Originalns5:LandBuildings2022-06-30SC159301ns10:Originalns5:PlantMachinery2022-06-30SC159301ns10:Original2022-06-30SC159301ns10:Originalns5:LandBuildings2023-06-30SC159301ns10:Originalns5:PlantMachinery2023-06-30SC159301ns10:Originalns5:LandBuildings2022-06-30SC159301ns10:Originalns5:PlantMachinery2022-06-30SC159301ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30SC159301ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: SC159301 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

A D Norman Ltd

A D Norman Ltd (Registered number: SC159301)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A D Norman Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: A D Norman





SECRETARY: Mrs A M Norman





REGISTERED OFFICE: 10 Duckburn Business Park
Dunblane
Perthshire
FK15 0EW





REGISTERED NUMBER: SC159301 (Scotland)





ACCOUNTANTS: James Gunn
Chartered Accountants
10 Duckburn Business Park
Dunblane
FK15 0EW

A D Norman Ltd (Registered number: SC159301)

Balance Sheet
30 June 2023

30/6/23 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,217 20,232

CURRENT ASSETS
Debtors 5 8,395 18,454
Cash at bank 20,421 12,736
28,816 31,190
CREDITORS
Amounts falling due within one year 6 29,640 27,765
NET CURRENT (LIABILITIES)/ASSETS (824 ) 3,425
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,393

23,657

CREDITORS
Amounts falling due after more than one
year

7

(16,667

)

(472

)

PROVISIONS FOR LIABILITIES (9,487 ) (2,714 )
NET ASSETS 26,239 20,471

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 25,239 19,471
SHAREHOLDERS' FUNDS 26,239 20,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

A D Norman Ltd (Registered number: SC159301)

Balance Sheet - continued
30 June 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2023 and were signed by:





A D Norman - Director


A D Norman Ltd (Registered number: SC159301)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

A D Norman 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention on the going concern basis. They are presented in sterling, which is the functional currency of the company.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires the directors to exercise their judgement in the application of the company's accounting policies. They do not consider that there are any matters arising in this regard that are so significant to the financial statements as to require separate disclosure.

The principal accounting policies applied in the preparation of these financial statements are set out below. They have been applied consistently to all years presented, unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. It is recognized when the company becomes entitled to it.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - in accordance with the lease
Plant and machinery etc - at various rates

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

A D Norman Ltd (Registered number: SC159301)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors due within one year
Debtors, prepayments, creditors and provisions are recognised at the transaction value, after taking account of any discounts or impairments.

Cash and cash equivalents
Cash at bank and in hand includes cash, bank current accounts and bank deposits repayable without penalty on notice of not more than three months.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2022 22,494 52,049 74,543
Additions - 52,933 52,933
Disposals - (25,480 ) (25,480 )
At 30 June 2023 22,494 79,502 101,996
DEPRECIATION
At 1 July 2022 16,960 37,351 54,311
Charge for year 2,250 8,899 11,149
Eliminated on disposal - (16,681 ) (16,681 )
At 30 June 2023 19,210 29,569 48,779
NET BOOK VALUE
At 30 June 2023 3,284 49,933 53,217
At 30 June 2022 5,534 14,698 20,232

All amounts shown under land and buildings relate to short leasehold property.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Trade debtors 7,805 17,734
Other debtors 590 720
8,395 18,454

A D Norman Ltd (Registered number: SC159301)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Hire purchase contracts 6,250 5,660
Trade creditors - 39
Taxation and social security 11,529 17,715
Other creditors 11,861 4,351
29,640 27,765

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/6/23 30/6/22
£    £   
Hire purchase contracts 16,667 472