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REGISTERED NUMBER: 00444123 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2024

for

Norma Chemicals Limited

Norma Chemicals Limited (Registered number: 00444123)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Norma Chemicals Limited

Company Information
for the Year Ended 31st December 2024







DIRECTORS: S R G Tate
Mrs M J Tate
R E Warriner





SECRETARY: Mrs M J Tate





REGISTERED OFFICE: 29a Crown Street
Brentwood
Essex
CM14 4BA





REGISTERED NUMBER: 00444123 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

Norma Chemicals Limited (Registered number: 00444123)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £ £ £
FIXED ASSETS
Intangible assets 4 585 183

CURRENT ASSETS
Debtors 5 60,647 68,810
Cash at bank 39,543 21,428
100,190 90,238
CREDITORS
Amounts falling due within one year 6 3,530 2,758
NET CURRENT ASSETS 96,660 87,480
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,245

87,663

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 96,245 86,663
SHAREHOLDERS' FUNDS 97,245 87,663

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 23rd May 2025 and were signed on its behalf by:





S R G Tate - Director


Norma Chemicals Limited (Registered number: 00444123)

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

1. STATUTORY INFORMATION

Norma Chemicals 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Trademarks are being amortised evenly over their estimated useful life of ten years,

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.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Norma Chemicals Limited (Registered number: 00444123)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1st January 2024 250
Additions 475
At 31st December 2024 725
AMORTISATION
At 1st January 2024 67
Charge for year 73
At 31st December 2024 140
NET BOOK VALUE
At 31st December 2024 585
At 31st December 2023 183

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Other debtors 60,647 68,810

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade creditors 344 -
Taxation and social security 3,186 2,538
Other creditors - 220
3,530 2,758

7. RELATED PARTY DISCLOSURES

During the year, the company purchased goods from Wallace Manufacturing Chemists Limited, a company under common control, amounting to £155,877 (2023: £147,516).

At the year end, the amount due to the company from Wallace Manufacturing Chemists Limited amounted to £59,488 (2023: £67,059).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Norma Chemicals 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 Norma Chemicals Limited for the year ended 31st December 2024 which comprise the Income Statement, 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 Norma Chemicals 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 Norma Chemicals Limited and state those matters that we have agreed to state to the Board of Directors of Norma Chemicals 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 Norma Chemicals Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Norma Chemicals 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 Norma Chemicals Limited. You consider that Norma Chemicals Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Norma Chemicals 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.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


23rd May 2025