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REGISTERED NUMBER: 10303840 (England and Wales)















Financial Statements for the Year Ended 31 May 2025

for

Norton Hall & Gold Limited

Norton Hall & Gold Limited (Registered number: 10303840)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Norton Hall & Gold Limited

Company Information
for the Year Ended 31 May 2025







DIRECTORS: R M Hall
W P Norton





REGISTERED OFFICE: Lumley House
St. Johns Road
Meadowfield Industrial Estate
Durham
Co. Durham
DH7 8XL





REGISTERED NUMBER: 10303840 (England and Wales)





ACCOUNTANTS: Surge Accounting
23 Woodland Road
Darlington
Co. Durham
DL3 7BJ

Norton Hall & Gold Limited (Registered number: 10303840)

Abridged Statement of Financial Position
31 May 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Investments 4 190,950 190,950

CURRENT ASSETS
Stocks 160,068 209,454
Debtors 92,975 73,374
Cash at bank 15,634 14,455
268,677 297,283
CREDITORS
Amounts falling due within one year 70,913 99,373
NET CURRENT ASSETS 197,764 197,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

388,714

388,860

CREDITORS
Amounts falling due after more than one
year

-

10,000
NET ASSETS 388,714 378,860

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 388,712 378,858
SHAREHOLDERS' FUNDS 388,714 378,860

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

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

Norton Hall & Gold Limited (Registered number: 10303840)

Abridged Statement of Financial Position - continued
31 May 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 July 2025 and were signed on its behalf by:




R M Hall - Director



W P Norton - Director


Norton Hall & Gold Limited (Registered number: 10303840)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

Norton Hall & Gold 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 2 ) .

Norton Hall & Gold Limited (Registered number: 10303840)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 June 2024
and 31 May 2025 190,950
NET BOOK VALUE
At 31 May 2025 190,950
At 31 May 2024 190,950

Cost or valuation at 31 May 2025 is represented by:
Totals
£   
Valuation in 2025 190,950

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1.00 2 2

6. RELATED PARTY DISCLOSURES

During the year the company maintained interest free loans to companies related by way of common directors and shareholders. At the balance sheet date the total amount outstanding was £69,504 (2024: £31,846).