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REGISTERED NUMBER: 04563930

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 NOVEMBER 2025 |

| FOR |

| ORIENTAL RUGS OF NORWICH LIMITED |

ORIENTAL RUGS OF NORWICH LIMITED (REGISTERED NUMBER: 04563930)

ABRIDGED BALANCE SHEET

30 November 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 28,098 |  | 35,397 |  |

28,098 |  | 35,397 |  |

CURRENT ASSETS

Stocks | 115,337 |  | 124,385 |  |

Debtors | 13,077 |  | 20,622 |  |

Cash at bank and in hand | 41,540 |  | 50,283 |  |

169,954 |  | 195,290 |  |

CREDITORS

Amounts falling due within one year | 127,858 |  | 119,950 |  |

NET CURRENT ASSETS | 42,096 |  | 75,340 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 70,194 |  | 110,737 |  |

CREDITORS

Amounts falling due after more than one year | (13,796 | ) | (18,813 | ) |

PROVISIONS FOR LIABILITIES | (5,339 | ) | (6,725 | ) |

NET ASSETS | 51,059 |  | 85,199 |  |

ORIENTAL RUGS OF NORWICH LIMITED (REGISTERED NUMBER: 04563930)

ABRIDGED BALANCE SHEET - continued

30 November 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 50,959 |  | 85,099 |  |

SHAREHOLDERS' FUNDS | 51,059 |  | 85,199 |  |

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.

All the members have consented to the preparation of an abridged Balance sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 May 2026 and were signed on its behalf by:

JR Durrant - Director

ORIENTAL RUGS OF NORWICH LIMITED (REGISTERED NUMBER: 04563930)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 30 November 2025

1. | STATUTORY INFORMATION

| Oriental Rugs of Norwich Limited is a private company, limited by shares, registered in England and Wales. The company's registered office is Towlers Court, 30A Elm Hill, Norwich, Norfolk, NR3 1HG with the principal trading address being 4 Bedford Street, Norwich, NR2 1AR.

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill is written off over twenty years being its estimated economic life.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the assets, less their residual value, over their expected useful lives at the following annual rates:

| Fixtures, fittings and equipment - 15% reducing balance basis

| Tenants capital outlay - 15% reducing balance basis

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its 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.

ORIENTAL RUGS OF NORWICH LIMITED (REGISTERED NUMBER: 04563930)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 November 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Basis of trading

| Some purchases of goods by the company are made on the terms that legal ownership shall not pass until payment. The financial statements have been drawn up on the basis that such ownership will be established in the normal course of trading.

| Operating leases

| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 December 2024

| and 30 November 2025 | 80,000 |  |

| AMORTISATION

| At 1 December 2024

| and 30 November 2025 | 80,000 |  |

| NET BOOK VALUE

| At 30 November 2025 | - |  |

| At 30 November 2024 | - |  |

ORIENTAL RUGS OF NORWICH LIMITED (REGISTERED NUMBER: 04563930)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 November 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 December 2024

| and 30 November 2025 | 63,845 |  |

| DEPRECIATION

| At 1 December 2024 | 28,448 |  |

| Charge for year | 7,299 |  |

| At 30 November 2025 | 35,747 |  |

| NET BOOK VALUE

| At 30 November 2025 | 28,098 |  |

| At 30 November 2024 | 35,397 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Totals

£ |

| COST

| At 1 December 2024

| and 30 November 2025 | 26,475 |  |

| DEPRECIATION

| At 1 December 2024 | 6,619 |  |

| Charge for year | 4,964 |  |

| At 30 November 2025 | 11,583 |  |

| NET BOOK VALUE

| At 30 November 2025 | 14,892 |  |

| At 30 November 2024 | 19,856 |  |