NORWOOD PROPERTY MANAGEMENT LIMITED

Company Registration Number:
08425548 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

NORWOOD PROPERTY MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

NORWOOD PROPERTY MANAGEMENT LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Current assets
Stocks: 45,696 45,696
Debtors: 3 510,469 394,212
Cash at bank and in hand: 3,043 3,152
Total current assets: 559,208 443,060
Creditors: amounts falling due within one year: 4 (494,735) (381,022)
Net current assets (liabilities): 64,473 62,038
Total assets less current liabilities: 64,473 62,038
Total net assets (liabilities): 64,473 62,038
Capital and reserves
Called up share capital: 100,001 100,001
Profit and loss account: (35,528) (37,963)
Shareholders funds: 64,473 62,038

The notes form part of these financial statements

NORWOOD PROPERTY MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2025
and signed on behalf of the board by:

Name: A G Broadway
Status: Director

The notes form part of these financial statements

NORWOOD PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NORWOOD PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

NORWOOD PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
££
Debtors due after more than one year: 510,469 394,212

NORWOOD PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Bank loan & OD: £ 15,583 & Trade Creditors: £ 479,152 (Total £ 494,735)

NORWOOD PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party: Oval Estates (Bath) Limited
Relationship:
AG Broadway is a director of Norwood Property Management Limited & Oval Estates (Bath) Limited
Description of the Transaction: As at 31st December 2024, Norwood Property Limited is owed by Oval Estates (Bath) Limited £ 20,498 (In year 2023 it was £ 96,933). This is enclosed under debtors.
£
Balance at 01 January 2024 96,933
Balance at 31 December 2024 20,498