Norman Wenn Limited 31/03/2025 iXBRL

Company registration number: 08187994

Norman Wenn Limited

Trading as Norman Wenn Skip Hire

Unaudited filleted financial statements

31 March 2025

Norman Wenn Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Norman Wenn Limited

Directors and other information


	Directors	Norman Wenn
		Jacqueline Wenn


	Company number	08187994


	Registered office	Unit 2, Frans Green Ind Estate
		Sandy Lane
		East Tuddenham
		Norfolk
		NR20 3JG


	Business address	Unit 2, Frans Greeen Ind Estate
		Sandy Lane
		East Tuddenham
		Norfolk
		NR20 3JG


	Accountants	i-Accounting Solutions Ltd
		The Enterprise Centre
		University of East Anglia
		Norwich
		Norfolk
		NR4 7TJ




	Bankers	HSBC
		1 Market Place
		Dereham
		Norfolk
		NR19 1DY

Norman Wenn Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Norman Wenn Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Norman Wenn Limited for the year ended 31 March 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Norman Wenn Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Norman Wenn Limited and state those matters that we have agreed to state to the board of directors of Norman Wenn Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Norman Wenn Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Norman Wenn Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Norman Wenn Limited. You consider that Norman Wenn Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Norman Wenn Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

i-Accounting Solutions Ltd

Chartered Certified Accountants

The Enterprise Centre

University of East Anglia

Norwich

Norfolk

NR4 7TJ

24 October 2025

Norman Wenn Limited

Statement of financial position

31 March 2025

			2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	23,493		32,891
Tangible assets	6	970,849		1,089,145
		_______		_______
			994,342		1,122,036

Current assets
Stocks		10,500		8,500
Debtors	7	358,503		352,080
Cash at bank and in hand		1,854,418		1,165,758
		_______		_______
		2,223,421		1,526,338
Creditors: amounts falling due
within one year	8	( 333,368)		( 145,321)
		_______		_______
Net current assets			1,890,053		1,381,017
			_______		_______
Total assets less current liabilities			2,884,395		2,503,053


Provisions for liabilities			( 188,009)		( 181,129)

			_______		_______
Net assets			2,696,386		2,321,924
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			2,696,286		2,321,824
			_______		_______
Shareholders funds			2,696,386		2,321,924
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 17 October 2025 , and are signed on behalf of the board by:

Norman Wenn Jacqueline Wenn

Director Director

Company registration number: 08187994

Norman Wenn Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Norman Wenn Skip Hire, Unit 2, Frans Green Ind Estate, Sandy Lane, East Tuddenham, Norfolk, NR20 3JG.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of capital allowance timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	15 year straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	4 %	straight line
Long leasehold property	-	10 %	straight line
Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price. The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 17 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	140,965	140,965
	_______	_______
Amortisation
At 1 April 2024	108,074	108,074
Charge for the year	9,398	9,398
	_______	_______
At 31 March 2025	117,472	117,472
	_______	_______
Carrying amount
At 31 March 2025	23,493	23,493
	_______	_______
At 31 March 2024	32,891	32,891
	_______	_______

6. Tangible assets

	Freehold property	Long leasehold property	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	72,322	166,138	1,918,019	30,907	2,187,386
Additions	19,396	-	53,978	2,618	75,992
Disposals	-	-	( 45,000)	-	( 45,000)
	_______	_______	_______	_______	_______
At 31 March 2025	91,718	166,138	1,926,997	33,525	2,218,378
	_______	_______	_______	_______	_______
Depreciation
At 1 April 2024	964	26,340	1,054,772	16,165	1,098,241
Charge for the year	2,958	8,780	178,495	2,392	192,625
Disposals	-	-	( 43,337)	-	( 43,337)
	_______	_______	_______	_______	_______
At 31 March 2025	3,922	35,120	1,189,930	18,557	1,247,529
	_______	_______	_______	_______	_______
Carrying amount
At 31 March 2025	87,796	131,018	737,067	14,968	970,849
	_______	_______	_______	_______	_______
At 31 March 2024	71,358	139,798	863,247	14,742	1,089,145
	_______	_______	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	293,887	226,179
Other debtors	64,616	125,901
	_______	_______
	358,503	352,080
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	45,893	63,714
Corporation tax	184,513	13,190
Social security and other taxes	89,599	54,887
Other creditors	13,363	13,530
	_______	_______
	333,368	145,321
	_______	_______

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Director	35,656	( 123,866)	88,360	150
	Director	36,077	( 107,287)	71,360	150
		_______	_______	_______	_______
		71,733	( 231,153)	159,720	300
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Director	( 3,999)	( 49,500)	89,155	35,656
	Director	( 3,578)	( 49,500)	89,155	36,077
		_______	_______	_______	_______
		( 7,577)	( 99,000)	178,310	71,733
		_______	_______	_______	_______