REGISTERED NUMBER: 09540020 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

NR20 Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Seabright

Mrs E Seabright

REGISTERED OFFICE:

45a Norwich Road

Dereham

Norfolk

NR20 3AS

REGISTERED NUMBER:

09540020 (England and Wales)

FIXED ASSETS

Tangible assets

4

26,210

34,945

CURRENT ASSETS

Stocks

135,427

116,254

Debtors

5

9,496

33,120

Cash at bank

9,968

17,514

154,891

166,888

CREDITORS

Amounts falling due within one year

6

162,356

145,903

NET CURRENT (LIABILITIES)/ASSETS

(7,465

)

20,985

TOTAL ASSETS LESS CURRENT LIABILITIES

18,745

55,930

CREDITORS

Amounts falling due after more than one year

7

(325

)

(5,657

)

PROVISIONS FOR LIABILITIES

(3,513

)

(10,948

)

NET ASSETS

14,907

39,325

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

14,707

39,125

14,907

39,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 8 January 2026 and were signed on its behalf by:

Mr R Seabright - Director

1.	STATUTORY INFORMATION

NR20 Developments 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.

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.

Tangible fixed assets

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

Plant & Machinery - 25% reducing balance

Motor vehicles - 25% reducing balance

Computer equipment - 25% reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

85,185

16,483

2,226

103,894

DEPRECIATION

At 1 May 2024

56,743

10,398

1,808

68,949

Charge for year

7,110

1,521

104

8,735

At 30 April 2025

63,853

11,919

1,912

77,684

NET BOOK VALUE

At 30 April 2025

21,332

4,564

314

26,210

At 30 April 2024

28,442

6,085

418

34,945

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other debtors

9,496

33,120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

2,500

2,500

Hire purchase contracts

2,020

3,020

Trade creditors

15,328

14,218

Taxation and social security

-

378

Other creditors

142,508

125,787

162,356

145,903

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

325

2,917

Hire purchase contracts

-

2,740

325

5,657