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Company Registration No. 14438128 (England and Wales)
NORWAYMETAL LTD Unaudited accounts for the year ended 31 October 2025
NORWAYMETAL LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NORWAYMETAL LTD Company Information for the year ended 31 October 2025
Directors
Jo Are Rune Berner Raimonds Silins
Company Number
14438128 (England and Wales)
Registered Office
53 Chelsea Manor Street LONDON SW3 5RZ United Kingdom
Accountants
Braant Ltd 20 to 22 Wenlock Road London N1 7GU
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NORWAYMETAL LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
24,192
23,252
Current assets
Debtors
5
261,129
118,358
Cash at bank and in hand
170,734
139,960
431,863
258,318
Creditors: amounts falling due within one year
6
(403,378)
(230,390)
Net current assets
28,485
27,928
Net assets
52,677
51,180
Capital and reserves
Called up share capital
100
100
Profit and loss account
52,577
51,080
Shareholders' funds
52,677
51,180
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2026 and were signed on its behalf by
Jo Are Rune Berner Director Company Registration No. 14438128
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NORWAYMETAL LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
NORWAYMETAL LTD is a private company, limited by shares, registered in England and Wales, registration number 14438128. The registered office is 53 Chelsea Manor Street, LONDON, SW3 5RZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. No depreciation is charged in 2024 as the additions completed on the last day of the business year.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
23,252
-
23,252
Additions
2,713
902
3,615
At 31 October 2025
25,965
902
26,867
Depreciation
Charge for the year
2,506
169
2,675
At 31 October 2025
2,506
169
2,675
Net book value
At 31 October 2025
23,459
733
24,192
At 31 October 2024
23,252
-
23,252
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NORWAYMETAL LTD Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
205,849
90,049
Accrued income and prepayments
30,352
12,897
Other debtors
7,120
1,412
243,321
104,358
Amounts falling due after more than one year
Accrued income and prepayments
17,808
14,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
56,903
27,540
Trade creditors
28,606
29,649
Taxes and social security
4,662
8,553
Other creditors
304,032
164,648
Accruals
9,175
-
403,378
230,390
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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