Norris Maintenance Limited
Unaudited Financial Statements
For the year ended 28 February 2025
Pages for Filing with Registrar
Company Registration No. 04130993 (England and Wales)
Norris Maintenance Limited
Company Information
Directors
E M Turner
L P Turner
Secretary
L P Turner
Company number
04130993
Registered office
4 Victoria Square
St Albans
Hertfordshire
AL1 3TF
Accountants
Moore Kingston Smith LLP
4 Victoria Square
St Albans
Hertfordshire
AL1 3TF
Norris Maintenance Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
Norris Maintenance Limited
Balance Sheet
As at 28 February 2025
28 February 2025
Page 1
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
74,371
74,969
Cash at bank and in hand
-
0
131
Net current assets
74,371
75,100
Capital and reserves
Called up share capital
4
75,100
75,100
Profit and loss reserves
(729)
-
0
Total equity
74,371
75,100

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 5 January 2026 and are signed on its behalf by:
E M Turner
Director
Company Registration No. 04130993
Norris Maintenance Limited
Notes to the Financial Statements
For the year ended 28 February 2025
Page 2
1
Accounting policies
Company information

Norris Maintenance Limited is a private company limited by shares incorporated in England and Wales. The registered office is Nicholls Farm, Lybury Lane, Redbourn, St Albans, AL3 7JH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Norris Maintenance Limited
Notes to the Financial Statements (Continued)
For the year ended 28 February 2025
1
Accounting policies
(Continued)
Page 3
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
74,371
74,969

Included in other debtors is an amount of £74,969 (2024: £74,969) due from Bracey & Clarke (Properties) Limited a member of the group.

Norris Maintenance Limited
Notes to the Financial Statements (Continued)
For the year ended 28 February 2025
Page 4
4
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
75,100
75,100
75,100
75,100
2025-02-28 2024-02-29 false false false 05 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity E M Turner L P Turner L P Turner 04130993 2024-02-29 2025-02-28 04130993 bus:Director1 2024-02-29 2025-02-28 04130993 bus:CompanySecretaryDirector1 2024-02-29 2025-02-28 04130993 bus:CompanySecretary1 2024-02-29 2025-02-28 04130993 bus:Director2 2024-02-29 2025-02-28 04130993 2025-02-28 04130993 2024-02-28 04130993 core:ShareCapital 2025-02-28 04130993 core:ShareCapital 2024-02-28 04130993 core:RetainedEarningsAccumulatedLosses 2025-02-28 04130993 core:RetainedEarningsAccumulatedLosses 2024-02-28 04130993 core:ShareCapitalOrdinaryShareClass1 2025-02-28 04130993 core:ShareCapitalOrdinaryShareClass1 2024-02-28 04130993 2023-03-01 2024-02-28 04130993 bus:OrdinaryShareClass1 2024-02-29 2025-02-28 04130993 bus:OrdinaryShareClass1 2025-02-28 04130993 bus:OrdinaryShareClass1 2024-02-28 04130993 bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 04130993 bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 04130993 bus:FRS102 2024-02-29 2025-02-28 04130993 bus:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 04130993 bus:FullAccounts 2024-02-29 2025-02-28 xbrli:pure xbrli:shares iso4217:GBP