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REGISTERED NUMBER: 09018275 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Norton Park (No1) Limited

Norton Park (No1) Limited (Registered number: 09018275)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Norton Park (No1) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr S S Gorman
Mrs B Gorman





REGISTERED OFFICE: 9 Wheatstone Court
Waterwells Business Park
Davy Way
Gloucester
Gloucestershire
GL2 2AQ





REGISTERED NUMBER: 09018275 (England and Wales)





ACCOUNTANTS: Stanbridge Accountancy Services Limited
9 Wheatstone Court
Waterwells Business Park
Davy Way
Gloucester
Gloucestershire
GL2 2AQ

Norton Park (No1) Limited (Registered number: 09018275)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 727,604 727,269

CURRENT ASSETS
Stocks 232,757 126,257
Debtors 5 1,969,430 1,282,840
Cash at bank 39,382 75,564
2,241,569 1,484,661
CREDITORS
Amounts falling due within one year 6 1,070,310 699,530
NET CURRENT ASSETS 1,171,259 785,131
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,898,863

1,512,400

RESERVES
Retained earnings 1,898,863 1,512,400
1,898,863 1,512,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

Norton Park (No1) Limited (Registered number: 09018275)

Balance Sheet - continued
30 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





Mr S S Gorman - Director


Norton Park (No1) Limited (Registered number: 09018275)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Norton Park (No1) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Norton Park (No1) Limited (Registered number: 09018275)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 727,269 92,127 819,396
Additions - 446 446
At 30 April 2024 727,269 92,573 819,842
DEPRECIATION
At 1 May 2023 - 92,127 92,127
Charge for year - 111 111
At 30 April 2024 - 92,238 92,238
NET BOOK VALUE
At 30 April 2024 727,269 335 727,604
At 30 April 2023 727,269 - 727,269

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 2,797 4,966
Amounts owed by group undertakings 1,966,633 1,277,874
1,969,430 1,282,840

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 327 4,234
Amounts owed to group undertakings 316,663 338,952
Tax 127,985 89,039
Other creditors 94,200 98,200
Directors' current accounts 263,726 167,740
Accrued expenses 267,409 1,365
1,070,310 699,530

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S S Gorman.

The ultimate controlling party is Mr S S Gorman.