REGISTERED NUMBER: 09018275 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Norton Park (No1) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S S Gorman

Mrs B Gorman

REGISTERED OFFICE:

9 Wheatstone Court

Waterwells Business Park

Davy Way

Gloucester

Gloucestershire

GL2 2AQ

REGISTERED NUMBER:

09018275 (England and Wales)

ACCOUNTANTS:

Stanbridge Accountancy Services Limited

9 Wheatstone Court

Waterwells Business Park

Davy Way

Gloucester

Gloucestershire

GL2 2AQ

FIXED ASSETS

Tangible assets

4

727,666

727,604

CURRENT ASSETS

Stocks

117,943

232,757

Debtors

5

1,167,966

1,969,430

Cash at bank

338,667

39,382

1,624,576

2,241,569

CREDITORS

Amounts falling due within one year

6

656,267

1,070,310

NET CURRENT ASSETS

968,309

1,171,259

TOTAL ASSETS LESS CURRENT LIABILITIES

1,695,975

1,898,863

RESERVES

Income and expenditure account

1,695,975

1,898,863

1,695,975

1,898,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 surplus or deficit 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 16 October 2025 and were signed on its behalf by:

Mr S S Gorman - Director

1.	STATUTORY INFORMATION

Norton Park (No1) Limited is a private company, limited by guarantee , 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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

727,269

92,573

819,842

Additions

-

232

232

Disposals

-

(91,287

)

(91,287

)

At 30 April 2025

727,269

1,518

728,787

DEPRECIATION

At 1 May 2024

-

92,238

92,238

Charge for year

-

170

170

Eliminated on disposal

-

(91,287

)

(91,287

)

At 30 April 2025

-

1,121

1,121

NET BOOK VALUE

At 30 April 2025

727,269

397

727,666

At 30 April 2024

727,269

335

727,604

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

161

2,797

Amounts owed by group undertakings

1,167,805

1,966,633

1,167,966

1,969,430

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

52,428

327

Amounts owed to group undertakings

316,663

316,663

Tax

93,572

127,985

Other creditors

-

94,200

Directors' current accounts

166,259

263,726

Accrued expenses

27,345

267,409

656,267

1,070,310

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S S Gorman.

The ultimate controlling party is Mr S S Gorman.