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REGISTERED NUMBER: 00930160 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Namron Ltd

Namron Ltd (Registered number: 00930160)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Namron Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr N Smith
Mrs J G Smith
Mr R M Smith





SECRETARY: Mrs J G Smith





REGISTERED OFFICE: 16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH





REGISTERED NUMBER: 00930160 (England and Wales)





ACCOUNTANTS: Lishmans LLP
16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH

Namron Ltd (Registered number: 00930160)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 13,000 13,000
Investment property 5 645,043 645,043
658,043 658,043

CURRENT ASSETS
Stocks - 11,735
Debtors 6 69,875 91,968
Cash at bank 24,878 12,990
94,753 116,693
CREDITORS
Amounts falling due within one year 7 97,622 60,646
NET CURRENT (LIABILITIES)/ASSETS (2,869 ) 56,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

655,174

714,090

CREDITORS
Amounts falling due after more than
one year

8

212,064

241,495
NET ASSETS 443,110 472,595

Namron Ltd (Registered number: 00930160)

Balance Sheet - continued
31 December 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Non distributable reserve 9 114,331 114,331
Retained earnings 328,679 358,164
SHAREHOLDERS' FUNDS 443,110 472,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 15 April 2025 and were signed on its behalf by:





Mrs J G Smith - Director


Namron Ltd (Registered number: 00930160)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Namron Ltd is a private company , limited by shares , registered in England and Wales. The company's registered number is 00930160 and registered office address is 4 Hall Farm Close, Aughton, Sheffield, South Yorkshire, S26 3XW.

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.

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.
Improvements to property - 25% on cost

Investment property
Investment property is shown at most recent fair valuation . Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss . Deferred taxation is provided on these gains at the rate expected to apply when the property is sold .The availability of indexation allowance results in there being no liability for deferred taxation.

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

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.


Namron Ltd (Registered number: 00930160)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to
property
£   
COST
At 1 January 2024
and 31 December 2024 21,657
DEPRECIATION
At 1 January 2024
and 31 December 2024 8,657
NET BOOK VALUE
At 31 December 2024 13,000
At 31 December 2023 13,000

Namron Ltd (Registered number: 00930160)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 645,043
NET BOOK VALUE
At 31 December 2024 645,043
At 31 December 2023 645,043

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2015 114,331
Cost 530,712
645,043

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

2024 2023
£    £   
Cost 492,520 492,520

The investment property was valued on an open market basis on 31 December 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,762
Other debtors 69,875 90,206
69,875 91,968

Namron Ltd (Registered number: 00930160)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 39,085 39,085
Trade creditors 1,991 1,962
Taxation and social security 1,441 2,818
Other creditors 55,105 16,781
97,622 60,646

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 212,064 241,495

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 23,945 44,864

9. RESERVES
Non
distributable
reserve
£   
At 1 January 2024
and 31 December 2024 114,331