Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30true2022-10-01falseNo description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13650924 2022-10-01 2023-09-30 13650924 2021-09-29 2022-09-30 13650924 2023-09-30 13650924 2022-09-30 13650924 c:CompanySecretary1 2022-10-01 2023-09-30 13650924 c:Director1 2022-10-01 2023-09-30 13650924 c:Director2 2022-10-01 2023-09-30 13650924 c:RegisteredOffice 2022-10-01 2023-09-30 13650924 d:CurrentFinancialInstruments 2023-09-30 13650924 d:CurrentFinancialInstruments 2022-09-30 13650924 d:Non-currentFinancialInstruments 2023-09-30 13650924 d:Non-currentFinancialInstruments 2022-09-30 13650924 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 13650924 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13650924 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 13650924 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 13650924 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 13650924 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-09-30 13650924 d:ShareCapital 2023-09-30 13650924 d:ShareCapital 2022-09-30 13650924 d:RetainedEarningsAccumulatedLosses 2023-09-30 13650924 d:RetainedEarningsAccumulatedLosses 2022-09-30 13650924 c:OrdinaryShareClass1 2022-10-01 2023-09-30 13650924 c:OrdinaryShareClass1 2023-09-30 13650924 c:OrdinaryShareClass1 2022-09-30 13650924 c:FRS102 2022-10-01 2023-09-30 13650924 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 13650924 c:FullAccounts 2022-10-01 2023-09-30 13650924 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13650924









NORMANDY LOANCO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
NORMANDY LOANCO LIMITED
 
 
COMPANY INFORMATION


Directors
A T John 
HW Directors Ltd 




Company secretary
Cossey Cosec Services Limited



Registered number
13650924



Registered office
4th Floor
24 Old Bond Street

London

W1S 4AW





 
NORMANDY LOANCO LIMITED
REGISTERED NUMBER: 13650924

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
370,286
570,286

Debtors: amounts falling due within one year
 4 
1
4,455

  
370,287
574,741

Creditors: amounts falling due within one year
 5 
(55)
(4,454)

Net current assets
  
 
 
370,232
 
 
570,287

Total assets less current liabilities
  
370,232
570,287

Creditors: amounts falling due after more than one year
 6 
(370,286)
(570,286)

  

Net (liabilities)/assets
  
(54)
1


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(55)
-

Shareholders' funds
  
(54)
1


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
NORMANDY LOANCO LIMITED
REGISTERED NUMBER: 13650924
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 September 2024.




A T John
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
NORMANDY LOANCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Normandy Loanco Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Revenue in respect of interest income is recognised over the period to which they relate.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is
Page 3

 
NORMANDY LOANCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.6
Financial instruments (continued)

measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£

Due after more than one year

Other debtors
370,286
570,286


2023
2022
£
£

Due within one year

Other debtors
1
1

Prepayments and accrued income
-
4,454

1
4,455


Page 4

 
NORMANDY LOANCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
1
-

Other creditors
54
-

Accruals and deferred income
-
4,454

55
4,454



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
370,286
570,286



7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£



Amounts falling due 2-5 years

Other loans
370,286
570,286



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares shares of £0.01 each
1
1


 
Page 5