REGISTERED NUMBER: 14799359 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NORWICH VICTORIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A J Zive

REGISTERED OFFICE:

84 Brook Street

Mayfair

London

W1K 5EH

REGISTERED NUMBER:

14799359 (England and Wales)

AUDITORS:

Menzies LLP

Chartered Accountants

Statutory Auditor

4th Floor, 95 Gresham Street

London

EC2V 7AB

CURRENT ASSETS

Stocks

8,209,936

6,222,168

Debtors

5

106,050

137,484

Cash at bank

88,853

1,038,511

8,404,839

7,398,163

CREDITORS

Amounts falling due within one year

6

(138,851

)

(46,775

)

NET CURRENT ASSETS

8,265,988

7,351,388

TOTAL ASSETS LESS CURRENT LIABILITIES

8,265,988

7,351,388

CAPITAL AND RESERVES

Called up share capital

8,370,002

7,386,451

Retained earnings

(104,014

)

(35,063

)

SHAREHOLDERS' FUNDS

8,265,988

7,351,388

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 4 September 2025 and were signed by:

A J Zive - Director

1.	STATUTORY INFORMATION

Norwich Victoria 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 (£).

The reporting period for the company is twelve months to 31 December 2024. The prior period was for a nine month period from incorporation on 13 April 2023 to the period end date 31 December 2023. As such, the two periods are not directly comparable.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Stocks

Stocks are valued at the lower of cost and net realisable value, At each reporting date, an assessment is made for impairment. Any excess of the carry amount of stock over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Going concern

The Director has assessed the company's ability to continue as a going concern for at least 12 months from the approval date of these financial statements. The accounts have been prepared on a going concern basis as the company continues to receive the Director's support to ensure that it meets all liabilities as they fall due.

4.	EMPLOYEES AND DIRECTORS

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

32,400

67,071

Other debtors

73,650

70,413

106,050

137,484

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

79,974

34,775

Other creditors

58,877

12,000

138,851

46,775

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sarah Hallam FCCA (Senior Statutory Auditor)

for and on behalf of Menzies LLP

8.	ULTIMATE CONTROLLING PARTY

Zive Capital - Norwich UK GP Limited is the ultimate controlling party for Norwich Victoria Limited.

9.	SUBSEQUENT EVENTS

As of the 15th of April 2025 the demolition has been completed and the contractors are currently on the final stage of clearing and levelling the site before vacating. A contract was signed with Euro Car Parks to operate the site as a temporary car park which is expected to commence later in April.