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REGISTERED NUMBER: SC608416 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

NOROK LIMITED

NOROK LIMITED (REGISTERED NUMBER: SC608416)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NOROK LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Dr R J Schrama





REGISTERED OFFICE: 5 Carden Place
Aberdeen
AB10 1UT





REGISTERED NUMBER: SC608416 (Scotland)






NOROK LIMITED (REGISTERED NUMBER: SC608416)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 53 53
Tangible assets 5 421 1,141
474 1,194

CURRENT ASSETS
Debtors 6 710 196
Cash at bank 9,214 34,929
9,924 35,125
CREDITORS
Amounts falling due within one year 7 2,437 9,965
NET CURRENT ASSETS 7,487 25,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,961

26,354

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 7,957 26,350
SHAREHOLDERS' FUNDS 7,961 26,354

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

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

NOROK LIMITED (REGISTERED NUMBER: SC608416)

Balance Sheet - continued
30 September 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 director and authorised for issue on 9 June 2025 and were signed by:





Dr R J Schrama - Director


NOROK LIMITED (REGISTERED NUMBER: SC608416)

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


1. STATUTORY INFORMATION

Norok Limited 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.

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
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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 NIL (2023 - NIL).

NOROK LIMITED (REGISTERED NUMBER: SC608416)

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


4. INTANGIBLE FIXED ASSETS
Investments
£   
COST
At 1 October 2023
and 30 September 2024 53
NET BOOK VALUE
At 30 September 2024 53
At 30 September 2023 53

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 3,703
DEPRECIATION
At 1 October 2023 2,562
Charge for year 720
At 30 September 2024 3,282
NET BOOK VALUE
At 30 September 2024 421
At 30 September 2023 1,141

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 710 196

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 5,131
Other creditors 2,437 4,834
2,437 9,965

8. ULTIMATE CONTROLLING PARTY

The controlling party is Dr R J Schrama.