REGISTERED NUMBER: 06799855 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

N R ASPHALT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Riches

Miss J Daniels

SECRETARY:

Mrs S Riches

REGISTERED OFFICE:

Unit 1 Station Lane

Ketteringham

Norwich

Norfolk

NR9 3AZ

REGISTERED NUMBER:

06799855 (England and Wales)

ACCOUNTANTS:

Berry & Warren Ltd

Chartered Accountants

54 Thorpe Road

Norwich

Norfolk

NR1 1RY

FIXED ASSETS

Tangible assets

4

1,348,337

1,333,997

CURRENT ASSETS

Stocks

12,123

36,818

Debtors

5

1,097,299

863,879

Cash at bank

1,155,312

847,787

2,264,734

1,748,484

CREDITORS

Amounts falling due within one year

6

1,653,643

1,179,444

NET CURRENT ASSETS

611,091

569,040

TOTAL ASSETS LESS CURRENT LIABILITIES

1,959,428

1,903,037

CREDITORS

Amounts falling due after more than one year

7

(122,401

)

(307,890

)

PROVISIONS FOR LIABILITIES

(220,928

)

(187,354

)

NET ASSETS

1,616,099

1,407,793

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,615,999

1,407,693

1,616,099

1,407,793

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

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

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 Board of Directors and authorised for issue on 18th July 2025 and were signed on its behalf by:

N Riches - Director

1.	STATUTORY INFORMATION

N R Asphalt 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.

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.

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st February 2024

193,297

4,104,060

4,297,357

Additions

-

282,100

282,100

At 31st January 2025

193,297

4,386,160

4,579,457

DEPRECIATION

At 1st February 2024

-

2,963,360

2,963,360

Charge for year

-

267,760

267,760

At 31st January 2025

-

3,231,120

3,231,120

NET BOOK VALUE

At 31st January 2025

193,297

1,155,040

1,348,337

At 31st January 2024

193,297

1,140,700

1,333,997

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

551,574

468,949

Amounts owed by associates

164,073

129,073

Other debtors

381,652

265,857

1,097,299

863,879

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

56,818

45,456

Hire purchase contracts

211,025

128,663

Trade creditors

1,011,984

940,608

Taxation and social security

63,347

61,517

Other creditors

310,469

3,200

1,653,643

1,179,444

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

56,817

Hire purchase contracts

122,401

251,073

122,401

307,890