REGISTERED NUMBER: 04610450 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Norman C Sands Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N C Sands

SECRETARY:

Mrs D Sands

REGISTERED OFFICE:

333 Hagley Road

Pedmore

Stourbridge

West Midlands

DY9 0RF

REGISTERED NUMBER:

04610450 (England and Wales)

ACCOUNTANTS:

Norman C Sands Limited

Chartered Accountants

333 Hagley Road

Pedmore

Stourbridge

West Midlands

DY9 0RF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

38

267

38

267

CURRENT ASSETS

Debtors

6

37,233

41,295

Cash at bank

33,952

22,503

71,185

63,798

CREDITORS

Amounts falling due within one year

7

48,553

45,938

NET CURRENT ASSETS

22,632

17,860

TOTAL ASSETS LESS CURRENT LIABILITIES

22,670

18,127

PROVISIONS FOR LIABILITIES

8

54

NET ASSETS

22,662

18,073

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

22,562

17,973

SHAREHOLDERS' FUNDS

22,662

18,073

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 24 June 2025 and were signed by:

N C Sands - Director

1.	STATUTORY INFORMATION

Norman C Sands 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.

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.

Office equipment

-

25% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

72,000

AMORTISATION

At 1 January 2024

and 31 December 2024

72,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 January 2024

2,920

Disposals

(624

)

At 31 December 2024

2,296

DEPRECIATION

At 1 January 2024

2,653

Charge for year

56

Eliminated on disposal

(451

)

At 31 December 2024

2,258

NET BOOK VALUE

At 31 December 2024

38

At 31 December 2023

267

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

36,559

40,659

Other debtors

674

636

37,233

41,295

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

15,377

13,327

Other creditors

33,176

32,611

48,553

45,938

8.	RELATED PARTY DISCLOSURES

At 31 December 2024 the company owed Mr N C Sands £32,827.

9.	CONTROLLING PARTY

The controlling party is N C Sands.