REGISTERED NUMBER: 13634923 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NORFRAMLEY PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Stephen

REGISTERED OFFICE:

115c Milton Road

Cambridge

CB4 1XE

REGISTERED NUMBER:

13634923 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

2,497

3,749

Investment property

5

176,575

176,575

179,072

180,324

CURRENT ASSETS

Debtors

6

2,860

-

Cash at bank

1,856

2,616

4,716

2,616

CREDITORS

Amounts falling due within one year

7

3,408

3,204

NET CURRENT ASSETS/(LIABILITIES)

1,308

(588

)

TOTAL ASSETS LESS CURRENT LIABILITIES

180,380

179,736

CREDITORS

Amounts falling due after more than one year

8

183,450

190,950

NET LIABILITIES

(3,070

)

(11,214

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(3,071

)

(11,215

)

(3,070

)

(11,214

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2025 and were signed by:

J Stephen - Director

1.	STATUTORY INFORMATION

Norframley Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements include the results of the company's operations all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st March 2025 the company's net liabilities exceeded its total assets by £3,070 and total liabilities of the company were £186,858. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Investment property

Investment property is held at fair value.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

5,001

DEPRECIATION

At 1 April 2024

1,252

Charge for year

1,252

At 31 March 2025

2,504

NET BOOK VALUE

At 31 March 2025

2,497

At 31 March 2024

3,749

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

176,575

NET BOOK VALUE

At 31 March 2025

176,575

At 31 March 2024

176,575

Investment property is held at fair value. The director has reviewed this at the year end and considers that the initial purchase price, stamp duty, legal fees and development costs incurred to date represent the fair value of the property as at 31st March 2025.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

300

-

Prepayments and accrued income

2,560

-

2,860

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

821

Director's current account

2,470

1,858

Accruals and deferred income

938

525

3,408

3,204

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Director's long-term loan account

183,450

190,950

9.	ULTIMATE CONTROLLING PARTY

The controlling party is J Stephen.