Norban Estates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00537990

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		734,376		734,103
Investments	5		459		759

			734,835		734,862
CURRENT ASSETS
Stocks	6	24,629		24,629
Debtors	7	26,517		45,352
Investments	8	11,855		11,855
Cash at bank and in hand		6,121		9,913

		69,122		91,749
Creditors: Amounts Falling Due Within One Year	9	(738,652 )		(326,071 )

NET CURRENT ASSETS (LIABILITIES)			(669,530 )		(234,322 )

TOTAL ASSETS LESS CURRENT LIABILITIES			65,305		500,540

Creditors: Amounts Falling Due After More Than One Year	10		-		(450,288 )

NET ASSETS			65,305		50,252

CAPITAL AND RESERVES
Called up share capital	11		12,500		12,500
Revaluation reserve	12		50,930		50,930
Capital redemption reserve			7,500		7,500
Profit and Loss Account			(5,625 )		(20,678 )

SHAREHOLDERS' FUNDS			65,305		50,252

Page 1

Page 2

Norban Estates 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Nicholas Lees

Director

31/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Norban Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00537990 . The registered office is 65 West Street, Welford, Northampton, NN6 6HU.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	None
Plant & Machinery	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	734,271	1,918	416	736,605
Additions	-	273	-	273

As at 31 March 2025	734,271	2,191	416	736,878

Depreciation
As at 1 April 2024	168	1,918	416	2,502

As at 31 March 2025	168	1,918	416	2,502

...CONTINUED

Page 3

Page 4

Norban Estates Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	734,103	273	-	734,376

As at 1 April 2024	734,103	-	-	734,103

5. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2024	759
Disposals	(300 )

As at 31 March 2025	459

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	459

As at 1 April 2024	759

6. Stocks

	2025	2024
	£	£
Stock	24,629	24,629

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	13,848	24,615
Amounts owed by group undertakings	(7,680)	76
Other debtors	20,349	20,661

	26,517	45,352

8. Current Asset Investments

	2025	2024
	£	£
Unlisted investments	11,855	11,855

Page 4

Page 5

Norban Estates Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,314	10,614
Bank loans and overdrafts	634,423	210,630
Other loans	58,531	68,531
Other creditors	21,281	24,484
Taxation and social security	15,103	11,812

	738,652	326,071

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

	2025	2024
	£	£
Bank loans	-	450,288

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	12,500	12,500

12. Reserves

	Revaluation reserve	Capital Redemption	Profit and Loss Account
	£	£	£
As at 1 April 2024	50,930	7,500	(20,678 )
Profit for the year and total comprehensive income	-	-	15,053

As at 31 March 2025	50,930	7,500	(5,625 )

Page 5