IRIS Accounts Production v25.1.4.42 12468318 director 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124683182024-03-31124683182025-03-31124683182024-04-012025-03-31124683182023-03-31124683182023-04-012024-03-31124683182024-03-3112468318ns15:EnglandWales2024-04-012025-03-3112468318ns14:PoundSterling2024-04-012025-03-3112468318ns10:Director12024-04-012025-03-3112468318ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3112468318ns10:SmallEntities2024-04-012025-03-3112468318ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3112468318ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3112468318ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3112468318ns10:FullAccounts2024-04-012025-03-3112468318ns10:OrdinaryShareClass12024-04-012025-03-3112468318ns10:RegisteredOffice2024-04-012025-03-3112468318ns5:CurrentFinancialInstruments2025-03-3112468318ns5:CurrentFinancialInstruments2024-03-3112468318ns5:ShareCapital2025-03-3112468318ns5:ShareCapital2024-03-3112468318ns5:RetainedEarningsAccumulatedLosses2025-03-3112468318ns5:RetainedEarningsAccumulatedLosses2024-03-3112468318ns5:PlantMachinery2024-04-012025-03-3112468318ns5:PlantMachinery2024-03-3112468318ns5:FurnitureFittings2024-03-3112468318ns5:ComputerEquipment2024-03-3112468318ns5:FurnitureFittings2024-04-012025-03-3112468318ns5:ComputerEquipment2024-04-012025-03-3112468318ns5:PlantMachinery2025-03-3112468318ns5:FurnitureFittings2025-03-3112468318ns5:ComputerEquipment2025-03-3112468318ns5:PlantMachinery2024-03-3112468318ns5:FurnitureFittings2024-03-3112468318ns5:ComputerEquipment2024-03-3112468318ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3112468318ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3112468318ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 12468318 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NORSE RADAR LIMITED

NORSE RADAR LIMITED (REGISTERED NUMBER: 12468318)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NORSE RADAR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: B Thorbjornsen





REGISTERED OFFICE: 6 Thruffle Way
CAMBRIDGE
Cambridgeshire
CB23 8TR





REGISTERED NUMBER: 12468318 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

NORSE RADAR LIMITED (REGISTERED NUMBER: 12468318)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,248 2,107

CURRENT ASSETS
Debtors 5 192,222 198,171
Cash at bank 56,616 99,415
248,838 297,586
CREDITORS
Amounts falling due within one year 6 17,981 71,561
NET CURRENT ASSETS 230,857 226,025
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,105

228,132

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 232,104 228,131
SHAREHOLDERS' FUNDS 232,105 228,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





B Thorbjornsen - Director


NORSE RADAR LIMITED (REGISTERED NUMBER: 12468318)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Norse Radar 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 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 1 (2024 - 1 ) .

NORSE RADAR LIMITED (REGISTERED NUMBER: 12468318)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 13,933 - 5,006 18,939
Additions - 313 155 468
At 31 March 2025 13,933 313 5,161 19,407
DEPRECIATION
At 1 April 2024 13,933 - 2,899 16,832
Charge for year - 43 1,284 1,327
At 31 March 2025 13,933 43 4,183 18,159
NET BOOK VALUE
At 31 March 2025 - 270 978 1,248
At 31 March 2024 - - 2,107 2,107

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 18,000
Other debtors 47,939 43,590
Directors' current accounts 143,860 130,821
VAT 390 5,727
Prepayments and accrued income 33 33
192,222 198,171

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 379 360
Tax 14,330 70,356
Other creditors 2,275 -
Directors' loan accounts 997 845
17,981 71,561

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1

8. RELATED PARTY DISCLOSURES

There were no material relate party transactions which were not concluded under normal market conditions