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REGISTERED NUMBER: SC394137 (Scotland)















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Norrian Ltd.

Norrian Ltd. (Registered number: SC394137)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Norrian Ltd.

Company Information
for the year ended 29 February 2024







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
29 February 2024

2023 2024
£    £    Notes £    £   
FIXED ASSETS
20,000 Tangible assets 4 20,000

CURRENT ASSETS
215,489 Debtors 5 307,208

CREDITORS
73,701 Amounts falling due within one year 6 112,727
141,788 NET CURRENT ASSETS 194,481

161,788
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,481

CAPITAL AND RESERVES
1,000 Called up share capital 1,000
160,788 Retained earnings 213,481
161,788 214,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 25 November 2024 and were signed by:





N J Skea - Director


Norrian Ltd. (Registered number: SC394137)

Notes to the Financial Statements
for the year ended 29 February 2024

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 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2023
and 29 February 2024 20,000
NET BOOK VALUE
At 29 February 2024 20,000
At 28 February 2023 20,000

Norrian Ltd. (Registered number: SC394137)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 307,208 215,489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 67,894 35,775
Taxation 13,269 6,362
Other creditors 31,564 31,564
112,727 73,701