REGISTERED NUMBER: 00860507 (England and Wales)

NORMAN BENN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Miss A L Benn

Mr P C Benn

REGISTERED OFFICE:

Landgate Chambers

Rye

East Sussex

TN31 7LJ

REGISTERED NUMBER:

00860507 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

82 High Street

Tenterden

Kent

TN30 6JG

FIXED ASSETS

Tangible assets

4

431

565

Investment property

5

190,000

190,000

190,431

190,565

CURRENT ASSETS

Debtors

6

33,097

17,137

Cash at bank

37,860

63,786

70,957

80,923

CREDITORS

Amounts falling due within one year

7

5,958

6,169

NET CURRENT ASSETS

64,999

74,754

TOTAL ASSETS LESS CURRENT LIABILITIES

255,430

265,319

CREDITORS

Amounts falling due after more than one year

8

-

(73

)

PROVISIONS FOR LIABILITIES

(1,639

)

(2,024

)

NET ASSETS

253,791

263,222

CAPITAL AND RESERVES

Called up share capital

10

2,000

2,000

Revaluation reserve

11

9,013

8,628

Retained earnings

242,778

252,594

SHAREHOLDERS' FUNDS

253,791

263,222

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 5 May 2026 and were signed on its behalf by:

Mr P C Benn - Director

1.	STATUTORY INFORMATION

Norman Benn 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of investment properties.

The accounts have been prepared on a going concern basis. However as the bank loans become repayable in the next five years the company will sell investment properties in order meet its liabilities. As investment properties are put on the market to sell they will be transferred to current assets, no properties were being marketed for sale at the end of this financial year.

Turnover

Turnover represents gross rental income received by the company during the year.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the average exchange rate throughout the year. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

7,410

868

8,278

DEPRECIATION

At 1 December 2024

7,333

380

7,713

Charge for year

12

122

134

At 30 November 2025

7,345

502

7,847

NET BOOK VALUE

At 30 November 2025

65

366

431

At 30 November 2024

77

488

565

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

190,000

NET BOOK VALUE

At 30 November 2025

190,000

At 30 November 2024

190,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2007

(3,348

)

Valuation in 2008

(21,000

)

Valuation in 2009

15,000

Valuation in 2010

(8,500

)

Valuation in 2012

8,500

Valuation in 2013

10,000

Valuation in 2015

10,000

Valuation in 2020

5,000

Valuation in 2023

(5,000

)

Cost

179,348

190,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

33,097

17,137

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,360

1,571

Other creditors

4,598

4,598

5,958

6,169

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

73

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans of more than 5 years

-

73

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

-

73

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2,000

Ordinary

£1

2,000

2,000

11.

RESERVES

Revaluatio

reserve

£

At 1 December 2024

8,628

Deferred tax transfer

385

At 30 November 2025

9,013

12.	RELATED PARTY DISCLOSURES

Shareholder

As at 30 November 2025 a balance of £31,837 (2024 - £15,877) was owed by the shareholder to the company, and this amount is included in other debtors.

The above loan is made on an interest free basis and there are no terms for repayment.