REGISTERED NUMBER: 13074604 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Narbonne Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Bratt

REGISTERED OFFICE:

128 City Road

London

EC1V 2NX

REGISTERED NUMBER:

13074604 (England and Wales)

ACCOUNTANTS:

Shearers

Accountants & Chartered Tax Advisers

30 Brunswick Road

Shoreham-by-Sea

West Sussex

BN43 5WB

FIXED ASSETS

Tangible assets

4

30,877

41,169

Investments

5

1,014,226

647,413

1,045,103

688,582

CURRENT ASSETS

Debtors

6

428

414

Cash at bank

34,809

41,841

35,237

42,255

CREDITORS

Amounts falling due within one year

7

288,341

70,886

NET CURRENT LIABILITIES

(253,104

)

(28,631

)

TOTAL ASSETS LESS CURRENT LIABILITIES

791,999

659,951

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

791,899

659,851

791,999

659,951

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

P Bratt - Director

1.	STATUTORY INFORMATION

Narbonne Ltd 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.

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 etc

-

25% on reducing balance

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).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

73,591

DEPRECIATION

At 1 January 2024

32,422

Charge for year

10,292

At 31 December 2024

42,714

NET BOOK VALUE

At 31 December 2024

30,877

At 31 December 2023

41,169

5.	FIXED ASSET INVESTMENTS

The company has invested £970,951 (2023: £604,138) in an investment portfolio.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

428

414

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2

2

Taxation and social security

463

23,599

Other creditors

287,876

47,285

288,341

70,886