Buy Local Norfolk

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06252785

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,720		-
Tangible Assets	5		-		474

			3,720		474
CURRENT ASSETS
Debtors	6	278		(2 )
Cash at bank and in hand		12,153		11,223

		12,431		11,221
Creditors: Amounts Falling Due Within One Year	7	(375 )		1

NET CURRENT ASSETS (LIABILITIES)			12,056		11,222

TOTAL ASSETS LESS CURRENT LIABILITIES			15,776		11,696

NET ASSETS			15,776		11,696

Income and Expenditure Account			15,776		11,696

MEMBERS' FUNDS			15,776		11,696

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Buy Local Norfolk

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Clair Abrey

Director

21/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Buy Local Norfolk is a private company, limited by guarantee, incorporated in England & Wales, registered number 06252785 . The registered office is The Willows Ipswich Road, Long Stratton, Norwich, NR15 2TG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are the cost of a new website which became live at the end of the year. It is amortised to income and expenditure account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	3 years straight line
Fixtures & Fittings	3 years straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	-
Additions	3,720

As at 31 December 2025	3,720

Net Book Value
As at 31 December 2025	3,720

As at 1 January 2025	-

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Buy Local Norfolk

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2025	6,865	634	7,499

As at 31 December 2025	6,865	634	7,499

Depreciation
As at 1 January 2025	6,391	634	7,025
Provided during the period	474	-	474

As at 31 December 2025	6,865	634	7,499

Net Book Value
As at 31 December 2025	-	-	-

As at 1 January 2025	474	-	474

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	278	(2 )

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	375	(1 )

8. Related Party Transactions

During the period £551 was paid to Clarity Digital a Company owned by Christopher Lewer for Web-Hosting, with a further £3,720 for a new website which went live at the end of the year, £1,400 was paid to James Martin for Business Development Consultancy, and £288 was paid to ABC Abacus Ltd a Company owned by Peter Bussey for accounting software subscription. There were no other transactions with Directors.

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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