IRIS Accounts Production v25.4.0.155 03901151 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03901151 2024-03-31 03901151 2025-03-31 03901151 2024-04-01 2025-03-31 03901151 2023-03-31 03901151 2023-04-01 2024-03-31 03901151 2024-03-31 03901151 ns15:EnglandWales 2024-04-01 2025-03-31 03901151 ns14:PoundSterling 2024-04-01 2025-03-31 03901151 ns10:Director1 2024-04-01 2025-03-31 03901151 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03901151 ns10:SmallEntities 2024-04-01 2025-03-31 03901151 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03901151 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03901151 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03901151 ns10:FullAccounts 2024-04-01 2025-03-31 03901151 ns10:Director2 2024-04-01 2025-03-31 03901151 ns10:CompanySecretary1 2024-04-01 2025-03-31 03901151 ns10:RegisteredOffice 2024-04-01 2025-03-31 03901151 ns5:CurrentFinancialInstruments 2025-03-31 03901151 ns5:CurrentFinancialInstruments 2024-03-31 03901151 ns5:Non-currentFinancialInstruments 2025-03-31 03901151 ns5:Non-currentFinancialInstruments 2024-03-31 03901151 ns5:ShareCapital 2025-03-31 03901151 ns5:ShareCapital 2024-03-31 03901151 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03901151 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03901151 ns5:PlantMachinery 2024-04-01 2025-03-31 03901151 ns5:MotorVehicles 2024-04-01 2025-03-31 03901151 ns5:PlantMachinery 2024-03-31 03901151 ns5:MotorVehicles 2024-03-31 03901151 ns5:ComputerEquipment 2024-03-31 03901151 ns5:ComputerEquipment 2024-04-01 2025-03-31 03901151 ns5:PlantMachinery 2025-03-31 03901151 ns5:MotorVehicles 2025-03-31 03901151 ns5:ComputerEquipment 2025-03-31 03901151 ns5:PlantMachinery 2024-03-31 03901151 ns5:MotorVehicles 2024-03-31 03901151 ns5:ComputerEquipment 2024-03-31 03901151 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-03-31 03901151 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 03901151 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2025-03-31 03901151 ns5:MotorVehicles ns5:LeasedAssetsHeldAsLessee 2024-03-31 03901151 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03901151 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 03901151 ns10:Director2 2 2024-03-31 03901151 ns10:Director2 2 2023-03-31 03901151 ns10:Director2 2 2024-04-01 2025-03-31 03901151 ns10:Director2 2 2023-04-01 2024-03-31 03901151 ns10:Director2 2 2025-03-31 03901151 ns10:Director2 2 2024-03-31

REGISTERED NUMBER: 03901151 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

NORMAN DAVIES INDUSTRIAL FLOORING

SPECIALISTS LTD

| NORMAN DAVIES INDUSTRIAL FLOORING |

| SPECIALISTS LTD (REGISTERED NUMBER: 03901151) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Chartered Accountants' Report | 6 |

| NORMAN DAVIES INDUSTRIAL FLOORING |

| SPECIALISTS LTD |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | N Davies

| I J Davies

| SECRETARY: | N Davies

| REGISTERED OFFICE: | 70 Miskin Street

| Treherbert

| Treorchy

| Mid Glamorgan

| CF42 5LR

| REGISTERED NUMBER: | 03901151 (England and Wales)

| ACCOUNTANTS: | James de Frias

| Chartered Accountants

| Llanover House

| Llanover Road

| Pontypridd

| Rhondda Cynon Taff

| CF37 4DY

| NORMAN DAVIES INDUSTRIAL FLOORING |

| SPECIALISTS LTD (REGISTERED NUMBER: 03901151) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 181,211 |  | 195,220 |  |

CURRENT ASSETS

Stocks | 3,500 |  | 3,095 |  |

Debtors | 5 | 60,073 |  | 137,098 |  |

Cash at bank and in hand | 137,398 |  | 126,132 |  |

200,971 |  | 266,325 |  |

CREDITORS

Amounts falling due within one year | 6 | 102,445 |  | 133,089 |  |

NET CURRENT ASSETS | 98,526 |  | 133,236 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 279,737 |  | 328,456 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (95,397 | ) | (95,254 | ) |

PROVISIONS FOR LIABILITIES | (44,537 | ) | (47,990 | ) |

NET ASSETS | 139,803 |  | 185,212 |  |

CAPITAL AND RESERVES

Called up share capital | 1,100 |  | 1,100 |  |

Retained earnings | 138,703 |  | 184,112 |  |

SHAREHOLDERS' FUNDS | 139,803 |  | 185,212 |  |

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 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 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 3 December 2025 and were signed on its behalf by:

I J Davies - Director

| NORMAN DAVIES INDUSTRIAL FLOORING |

| SPECIALISTS LTD (REGISTERED NUMBER: 03901151) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Norman Davies Industrial Flooring Specialists Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 25% on cost

| Motor vehicles | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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 9 (2024 - 8 ) .

| NORMAN DAVIES INDUSTRIAL FLOORING |

| SPECIALISTS LTD (REGISTERED NUMBER: 03901151) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 202,726 |  | 241,763 |  | 6,670 |  | 451,159 |  |

| Additions | - |  | 69,312 |  | - |  | 69,312 |  |

| Disposals | - |  | (42,879 | ) | - |  | (42,879 | ) |

| At 31 March 2025 | 202,726 |  | 268,196 |  | 6,670 |  | 477,592 |  |

| DEPRECIATION

| At 1 April 2024 | 176,223 |  | 75,045 |  | 4,671 |  | 255,939 |  |

| Charge for year | 16,598 |  | 44,259 |  | 750 |  | 61,607 |  |

| Eliminated on disposal | - |  | (21,165 | ) | - |  | (21,165 | ) |

| At 31 March 2025 | 192,821 |  | 98,139 |  | 5,421 |  | 296,381 |  |

| NET BOOK VALUE

| At 31 March 2025 | 9,905 |  | 170,057 |  | 1,249 |  | 181,211 |  |

| At 31 March 2024 | 26,503 |  | 166,718 |  | 1,999 |  | 195,220 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 April 2024 | 196,350 |  |

| Additions | 42,323 |  |

| Transfer to ownership | (38,660 | ) |

| At 31 March 2025 | 200,013 |  |

| DEPRECIATION

| At 1 April 2024 | 55,263 |  |

| Charge for year | 34,074 |  |

| Transfer to ownership | (30,276 | ) |

| At 31 March 2025 | 59,061 |  |

| NET BOOK VALUE

| At 31 March 2025 | 140,952 |  |

| At 31 March 2024 | 141,087 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 55,861 |  | 125,426 |  |

| Other debtors | 4,212 |  | 11,672 |  |

60,073 |  | 137,098 |  |

| NORMAN DAVIES INDUSTRIAL FLOORING |

| SPECIALISTS LTD (REGISTERED NUMBER: 03901151) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 6,275 |  | 6,275 |  |

| Hire purchase contracts | 37,393 |  | 28,893 |  |

| Trade creditors | 21,411 |  | 6,696 |  |

| Taxation and social security | 35,400 |  | 84,208 |  |

| Other creditors | 1,966 |  | 7,017 |  |

102,445 |  | 133,089 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 22,430 |  | 28,341 |  |

| Hire purchase contracts | 72,967 |  | 66,913 |  |

95,397 |  | 95,254 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 3,241 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

| 31.3.25 |  | 31.3.24

£ | £ |

| N Davies

| Balance outstanding at start of year | (5,257 | ) | (634 | ) |

| Amounts advanced | 19,873 |  | 5,377 |  |

| Amounts repaid | (14,500 | ) | (10,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 116 |  | (5,257 | ) |

9. | ULTIMATE CONTROLLING PARTY

| The controlling party is N Davies.

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Norman Davies Industrial Flooring

Specialists Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

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 Davies Industrial Flooring Specialists Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Norman Davies Industrial Flooring Specialists Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Norman Davies Industrial Flooring Specialists Ltd and state those matters that we have agreed to state to the Board of Directors of Norman Davies Industrial Flooring Specialists Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Norman Davies Industrial Flooring Specialists Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Norman Davies Industrial Flooring Specialists Ltd 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 Davies Industrial Flooring Specialists Ltd. You consider that Norman Davies Industrial Flooring Specialists Ltd 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 Davies Industrial Flooring Specialists Ltd. 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.

James de Frias

Chartered Accountants

Llanover House

Llanover Road

Pontypridd

Rhondda Cynon Taff

CF37 4DY

3 December 2025