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REGISTERED NUMBER: 03135168 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 APRIL 2023 TO 4 APRIL 2024

FOR

NORBURY (NORTH WEST) LIMITED

NORBURY (NORTH WEST) LIMITED (REGISTERED NUMBER: 03135168)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 APRIL 2023 TO 4 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

NORBURY (NORTH WEST) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 6 APRIL 2023 TO 4 APRIL 2024







DIRECTORS: G L Stamper
W E M Stamper





REGISTERED OFFICE: 3 The Meadows
Rainhill
Merseyside
L35 0PQ





REGISTERED NUMBER: 03135168 (England and Wales)





ACCOUNTANTS: John Kerr - Chartered Accountants
375 Eaton Road
West Derby
Liverpool
Merseyside
L12 2AH

NORBURY (NORTH WEST) LIMITED (REGISTERED NUMBER: 03135168)

BALANCE SHEET
4 APRIL 2024

4.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,019 1,747
Investments 5 100 100
Investment properties 6 341,900 180,000
344,019 181,847

CURRENT ASSETS
Debtors 7 379,872 442,882
Cash at bank and in hand 104,653 154,117
484,525 596,999
CREDITORS
Amounts falling due within one year 8 197,156 141,285
NET CURRENT ASSETS 287,369 455,714
TOTAL ASSETS LESS CURRENT LIABILITIES 631,388 637,561

CREDITORS
Amounts falling due after more than one year 9 106,235 116,410
NET ASSETS 525,153 521,151

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 525,151 521,149
SHAREHOLDERS' FUNDS 525,153 521,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 4 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 4 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NORBURY (NORTH WEST) LIMITED (REGISTERED NUMBER: 03135168)

BALANCE SHEET - continued
4 APRIL 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:





G L Stamper - Director


NORBURY (NORTH WEST) LIMITED (REGISTERED NUMBER: 03135168)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 APRIL 2023 TO 4 APRIL 2024


1. STATUTORY INFORMATION

Norbury (North West) 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

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Norbury (North West) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents rents and service charges receivable from investment properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment properties
Investment properties are included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the properties are sold.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

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

Pension costs
The company operates defined contribution pension schemes. Contributions payable to the company's pension schemes are charged to profit or loss in the period to which they relate.

NORBURY (NORTH WEST) LIMITED (REGISTERED NUMBER: 03135168)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 APRIL 2023 TO 4 APRIL 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 6 April 2023 64,945 4,458 69,403
Additions - 1,199 1,199
At 4 April 2024 64,945 5,657 70,602
DEPRECIATION
At 6 April 2023 64,942 2,714 67,656
Charge for period - 927 927
At 4 April 2024 64,942 3,641 68,583
NET BOOK VALUE
At 4 April 2024 3 2,016 2,019
At 5 April 2023 3 1,744 1,747

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 6 April 2023
and 4 April 2024 100
NET BOOK VALUE
At 4 April 2024 100
At 5 April 2023 100

6. INVESTMENT PROPERTIES
Total
£   
FAIR VALUE
At 6 April 2023 180,000
Additions 161,900
At 4 April 2024 341,900
NET BOOK VALUE
At 4 April 2024 341,900
At 5 April 2023 180,000

NORBURY (NORTH WEST) LIMITED (REGISTERED NUMBER: 03135168)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 APRIL 2023 TO 4 APRIL 2024


6. INVESTMENT PROPERTIES - continued

Fair value at 4 April 2024 is represented by:
£   
Valuation in 2024 341,900

If investment property had not been revalued it would have been included at the following historical cost:

4.4.24 5.4.23
£    £   
Cost 353,126 191,226

Investment property was valued on an open market basis on 5 April 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4.4.24 5.4.23
£    £   
Trade debtors 72,647 122,902
Amounts owed by group undertakings 39,900 39,900
Other debtors 267,325 280,080
379,872 442,882

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4.4.24 5.4.23
£    £   
Bank loans 9,998 9,798
Trade creditors 36,865 35,986
Taxation and social security 1,409 2,255
Other creditors 148,884 93,246
197,156 141,285

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
4.4.24 5.4.23
£    £   
Bank loans 12,441 22,590
Mortgage loan 93,794 93,820
106,235 116,410

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage loan 93,794 93,820

NORBURY (NORTH WEST) LIMITED (REGISTERED NUMBER: 03135168)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 APRIL 2023 TO 4 APRIL 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

4.4.24 5.4.23
£    £   
Other loans 93,794 93,820

The mortgage loan borrowings are secured by a Mortgage Deed over an investment property.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following interest free advances and credits to directors subsisted during the period ended 4 April 2024 and the year ended 5 April 2023:

4.4.24 5.4.23
£    £   
W E M Stamper and G L Stamper
Balance outstanding at start of period 1,555 -
Amounts advanced - 1,555
Amounts repaid (1,555 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 1,555

Seel Street Estates LLP (a LLP in which G L Stamper & W E M Stamper are the members) owed £7,000 to the company at 6 April 2023 in respect of an interest free loan which, which was repaid during the year.

.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
NORBURY (NORTH WEST) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Norbury (North West) Limited for the period ended 4 April 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Norbury (North West) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Norbury (North West) Limited and state those matters that we have agreed to state to the Board of Directors of Norbury (North West) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Norbury (North West) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Norbury (North West) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Norbury (North West) Limited. You consider that Norbury (North West) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Norbury (North West) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






John Kerr - Chartered Accountants
375 Eaton Road
West Derby
Liverpool
Merseyside
L12 2AH


29 January 2025