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REGISTERED NUMBER: 00763081 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

KEITH NORMAN (INVESTMENTS) LIMITED

KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KEITH NORMAN (INVESTMENTS) LIMITED

Company Information
for the year ended 31 December 2024







DIRECTORS: J Mitchell
Mrs A J Daniel





SECRETARY: J Mitchell





REGISTERED OFFICE: c/o Thorne Lancaster Parker
5th Floor, Palladium House
1-4 Argyll Street
London
W1F 7TA





REGISTERED NUMBER: 00763081 (England and Wales)





ACCOUNTANTS: Thorne Lancaster Parker
5th Floor
Palladium House
1-4 Argyll Street
London
W1F 7TA

KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 592,313 605,146
Investments 5 101 101
592,414 605,247

CURRENT ASSETS
Debtors 6 59,243 83,392
Cash at bank and in hand 47,242 81,797
106,485 165,189
CREDITORS
Amounts falling due within one year 7 (107,975 ) (154,829 )
NET CURRENT (LIABILITIES)/ASSETS (1,490 ) 10,360
TOTAL ASSETS LESS CURRENT
LIABILITIES

590,924

615,607

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 590,824 615,507
SHAREHOLDERS' FUNDS 590,924 615,607

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.

KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

Statement of Financial Position - continued
31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:





J Mitchell - Director


KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

Notes to the Financial Statements
for the year ended 31 December 2024


1. STATUTORY INFORMATION

Keith Norman (Investments) 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

Going concern
The directors are willing to support the company and are of the opinion that it is appropriate for the company to prepare accounts on a going concern basis.

Turnover and revenue recognition
Turnover consists of rents receivable from letting properties and ground rents receivable from freehold interests in the ordinary course of business.

Rental revenues are recognised on the accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on cost
Office equipments - 33.33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has chosen to adopt Section 11 of FRS 102 in respect of financial instruments as it has only basic financial instruments.

a) Basic financial assets

Trade and other debtors, and bank balances, which are due within one year are initially recognised at transaction price and subsequently carried at amortised cost being the transaction price less any amounts settled and any impairment losses.

At the end of each reporting period basic financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

A financial asset is derecognised only when the contractual rights to cash flows expire or are settled, or substantially all the risks and rewards of ownership are transferred to another party, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

b) Basic financial liabilities and equity

Financial liabilities are classified as liabilities and equity instruments according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Trade creditors, and other creditors are initially recognised at transaction price and subsequently carried at amortised cost, being transaction price less any amounts settled.

Other loans are initially recognised at the transaction price, including transaction costs and subsequently measured at amortised cost using the effective interest method. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and other similar charges.

Basic financial liabilities are derecognised when the contractual obligation is discharged, cancelled or expired.

c) Equity instruments

The ordinary share capital of the company is classified as equity and recorded at fair value of the cash or other resources received or receivable, net of direct costs of issuing the equity instruments.

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 statement of financial position date.


KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

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 statement of financial position 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.

Investment
Fixed asset investment is stated at cost less provision for diminution in value.

Dividend income is recognised when received.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Freehold Fixtures
Freehold & ground and
property rent fittings
£    £    £   
COST
At 1 January 2024 565,519 2,330 48,453
Additions - - -
At 31 December 2024 565,519 2,330 48,453
DEPRECIATION
At 1 January 2024 - - 47,381
Charge for year - - 164
At 31 December 2024 - - 47,545
NET BOOK VALUE
At 31 December 2024 565,519 2,330 908
At 31 December 2023 565,519 2,330 1,072

KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


4. PROPERTY, PLANT AND EQUIPMENT - continued

Motor Office
vehicles equipments Totals
£    £    £   
COST
At 1 January 2024 54,990 24,305 695,597
Additions - 1,099 1,099
At 31 December 2024 54,990 25,404 696,696
DEPRECIATION
At 1 January 2024 21,996 21,074 90,451
Charge for year 10,998 2,770 13,932
At 31 December 2024 32,994 23,844 104,383
NET BOOK VALUE
At 31 December 2024 21,996 1,560 592,313
At 31 December 2023 32,994 3,231 605,146

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 101
NET BOOK VALUE
At 31 December 2024 101
At 31 December 2023 101

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 56,443 56,443
Other debtors 2,800 26,949
59,243 83,392

KEITH NORMAN (INVESTMENTS) LIMITED (REGISTERED NUMBER: 00763081)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to related undertakings 72,998 87,762
Corporation tax 33,825 36,358
Social security and other taxes - 304
Other creditors - 29,362
Directors' loan accounts 1,152 1,043
107,975 154,829

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £120,000 (2023 - £120,000) were paid to the directors.