Company Registration No. 12230659 (England and Wales)
NORFOLKYS LTD
Unaudited accounts
for the year ended 30 September 2024
NORFOLKYS LTD
Unaudited accounts
Contents
NORFOLKYS LTD
Company Information
for the year ended 30 September 2024
Company Number
12230659 (England and Wales)
Registered Office
143 WARGRAVE AVENUE
LONDON
N15 6TX
UNITED KINGDOM
NORFOLKYS LTD
Statement of financial position
as at 30 September 2024
Called up share capital not paid
1
1
Investment property
1,031,571
1,031,571
Investments
261,940
261,940
Cash at bank and in hand
19,655
48,268
Creditors: amounts falling due within one year
(656,873)
(685,716)
Net current liabilities
(533,218)
(547,448)
Total assets less current liabilities
760,294
746,064
Creditors: amounts falling due after more than one year
(723,234)
(723,426)
Called up share capital
1
1
Profit and loss account
37,059
22,637
Shareholders' funds
37,060
22,638
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 June 2024 and were signed on its behalf by
Y Silber
Director
Company Registration No. 12230659
NORFOLKYS LTD
Notes to the Accounts
for the year ended 30 September 2024
NORFOLKYS LTD is a private company, limited by shares, registered in England and Wales, registration number 12230659. The registered office is 143 WARGRAVE AVENUE, LONDON, N15 6TX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The financial statements have been prepared in accordance with the accounting principals appropriate to a going concern.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments in shares are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Fair value at 1 October 2023
1,031,571
At 30 September 2024
1,031,571
5
Investments
Other investments
Valuation at 1 October 2023
261,940
Valuation at 30 September 2024
261,940
Amounts falling due within one year
Other debtors
104,000
90,000
NORFOLKYS LTD
Notes to the Accounts
for the year ended 30 September 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,773
2,773
Taxes and social security
1,380
4,163
Other creditors
652,000
678,000
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
723,234
723,426
9
Transactions with related parties
Included in other creditors is £219,000 (2023: £245,000) due to companies with a director in common with this company.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).