Chris Norton Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC500634

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		105,584		106,152

			105,584		106,152
CURRENT ASSETS
Debtors	5	3,514		3,666
Cash at bank and in hand		18,625		18,097

		22,139		21,763
Creditors: Amounts Falling Due Within One Year	6	(39,672 )		(35,238 )

NET CURRENT ASSETS (LIABILITIES)			(17,533 )		(13,475 )

TOTAL ASSETS LESS CURRENT LIABILITIES			88,051		92,677

Creditors: Amounts Falling Due After More Than One Year	7		(75,256 )		(81,738 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(150 )		(258 )

NET ASSETS			12,645		10,681

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			12,644		10,680

SHAREHOLDERS' FUNDS			12,645		10,681

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Chris Norton Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Norton

Director

28/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Chris Norton Limited is a private company, limited by shares, incorporated in Scotland, registered number SC500634 . The registered office is 62 East Trinity Road, Edinburgh, Midlothian, EH5 3EY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Plant & Machinery	20% straight line
Fixtures & Fittings	25% reducing balance
Computer Equipment	33% straight line

2.4. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	104,793	2,534	2,796	2,612	112,735

As at 31 March 2025	104,793	2,534	2,796	2,612	112,735

Depreciation
As at 1 April 2024	-	1,770	2,201	2,612	6,583
Provided during the period	-	419	149	-	568

As at 31 March 2025	-	2,189	2,350	2,612	7,151

...CONTINUED

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Chris Norton Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	104,793	345	446	-	105,584

As at 1 April 2024	104,793	764	595	-	106,152

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	3,514	3,666

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	10,964	13,650
Other creditors	293	235
Taxation and social security	28,415	21,353

	39,672	35,238

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	75,256	81,738

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Related Party Transactions

The Royal Bank of Scotland PLC holds a floating charge over all the property, undertaking and assets of the company, and a standard security over the property 5A Newhaven Road, Edinburgh, EH6 5QA.

The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

10. Ultimate Controlling Party

The company's ultimate controlling party is Christopher Norton by virtue of his ownership of 100% of the issued share capital in the company.

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