Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30No description of principal activity2023-05-01true33falsetrue 04214959 2023-05-01 2024-04-30 04214959 2022-05-01 2023-04-30 04214959 2024-04-30 04214959 2023-04-30 04214959 c:CompanySecretary1 2023-05-01 2024-04-30 04214959 c:Director1 2023-05-01 2024-04-30 04214959 c:Director2 2023-05-01 2024-04-30 04214959 c:Director3 2023-05-01 2024-04-30 04214959 c:RegisteredOffice 2023-05-01 2024-04-30 04214959 d:Buildings 2023-05-01 2024-04-30 04214959 d:Buildings 2024-04-30 04214959 d:Buildings 2023-04-30 04214959 d:CurrentFinancialInstruments 2024-04-30 04214959 d:CurrentFinancialInstruments 2023-04-30 04214959 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 04214959 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 04214959 d:ShareCapital 2024-04-30 04214959 d:ShareCapital 2023-04-30 04214959 d:RetainedEarningsAccumulatedLosses 2024-04-30 04214959 d:RetainedEarningsAccumulatedLosses 2023-04-30 04214959 c:OrdinaryShareClass1 2023-05-01 2024-04-30 04214959 c:OrdinaryShareClass1 2024-04-30 04214959 c:OrdinaryShareClass1 2023-04-30 04214959 c:EntityHasNeverTraded 2023-05-01 2024-04-30 04214959 c:FRS102 2023-05-01 2024-04-30 04214959 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04214959 c:FullAccounts 2023-05-01 2024-04-30 04214959 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04214959













NORSCOT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
NORSCOT LIMITED
 
 
COMPANY INFORMATION


Directors
W H Doig 
D M Doig 
I G Doig 




Company secretary
W H Doig



Registered number
04214959



Registered office
1st Floor Prospect House
Rouen Road

Norwich

Norfolk

NR1 1RE




Trading Address
Wiggs Barn
Elsing Lane

Etling Green

Dereham

NR20 3EZ






Accountants
Larking Gowen LLP
Chartered Accountants

1st Floor, Prospect House

Rouen Road

Norwich

NR1 1RE





 
NORSCOT LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
NORSCOT LIMITED
REGISTERED NUMBER:04214959

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
141,400
141,400

  
141,400
141,400

  

Creditors: amounts falling due within one year
 5 
(181,996)
(180,692)

Net current liabilities
  
 
 
(181,996)
 
 
(180,692)

Total assets less current liabilities
  
(40,596)
(39,292)

  

Net liabilities
  
(40,596)
(39,292)


Capital and reserves
  

Called up share capital 
 6 
90
90

Profit and loss account
  
(40,686)
(39,382)

  
(40,596)
(39,292)


Page 1

 
NORSCOT LIMITED
REGISTERED NUMBER:04214959
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

For the year ended 30 April 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



................................................
D M Doig
................................................
W H Doig
Director
Director


................................................
I G Doig
Director




Date: 15 October 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
NORSCOT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Norscot Ltd is a private company limited by shares registered in England and Wales, registration number 04214959. The registered office is 1st Floor, Prospect House, Rouen Road, Norwich, NR1 1RE. 

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 financial statements are presented in sterling, which is the functional currency of the company
and are rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set
out below. These policies have been consistently applied to all years presented unless otherwise
stated.

 
2.2

Going concern

Despite the net liability position shown on the balance sheet, the directors are of the opinion that the company is financially stable, and these accounts are therefore prepared on the going concern basis. The directors have confirmed that continued financial support will be received where necessary.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
NORSCOT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Freehold property
-
0%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 4

 
NORSCOT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Land and buildings

£



Cost or valuation


At 1 May 2023
141,400



At 30 April 2024

141,400






Net book value



At 30 April 2024
141,400



At 30 April 2023
141,400


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
181,011
179,748

Accruals and deferred income
985
944

181,996
180,692


Page 5

 
NORSCOT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



90 (2023 - 90) Ordinary shares of £1.00 each
90
90



7.


Related party transactions

At the year end the directors were owed £181,011 (2023: £179,748) which is repayable on demand.

Page 6