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REGISTERED NUMBER: 11411662 (England and Wales)


















NARBERTH OLD SCHOOL DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024














NARBERTH OLD SCHOOL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11411662)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


NARBERTH OLD SCHOOL DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr A J Rees
Mr C L Salmon





REGISTERED OFFICE: Yelverton House
St John Street
Whitland
Carmarthenshire
SA34 0AW





REGISTERED NUMBER: 11411662 (England and Wales)





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NARBERTH OLD SCHOOL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11411662)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,065,472 2,981,851

CURRENT ASSETS
Debtors 12,682 27,322
Cash at bank and in hand 110,770 53,592
123,452 80,914
CREDITORS
Amounts falling due within one year 2,030,836 2,994,737
NET CURRENT LIABILITIES (1,907,384 ) (2,913,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
158,088
68,028

PROVISIONS FOR LIABILITIES 6,877 8,111
NET ASSETS 151,211 59,917

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 151,111 59,817
151,211 59,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 notes form part of these financial statements

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NARBERTH OLD SCHOOL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11411662)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2025 and were signed on its behalf by:




Mr A J Rees - Director



Mr C L Salmon - Director


The notes form part of these financial statements

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NARBERTH OLD SCHOOL DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11411662)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Narberth Old School Developments 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 2,997,911
Additions 15,115
Disposals (925,000 )
At 30 September 2024 2,088,026
DEPRECIATION
At 1 October 2023 16,060
Charge for year 6,494
At 30 September 2024 22,554
NET BOOK VALUE
At 30 September 2024 2,065,472
At 30 September 2023 2,981,851

5. RELATED PARTY DISCLOSURES

The company received financial assistance from C.L. Salmon Holding Ltd and A.J. Rees Ltd, companies controlled by the two directors. The amount owed to the two companies is £1,994,890. This loan is interest-free.

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