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NORFOLK SHOWGROUND DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Norfolk Showground Developments Limited is a private company limited by shares and incorporated in England and Wales under the Companies Act 2006, company registration number 08977136. The address of its registered office is Norfolk Showground, Dereham Road, Costessey, Norwich, Norfolk, NR5 0TT. The principal activity is that of an investment company.
The financial statements are presented in Sterling, which is also the functional currency of the Company.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The Company will remain dormant with no further activity planned following the settlement of the remaining amount owed from the joint venture and subsequent clearing of the outstanding balance owed to group undertakings.
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The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
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Related party transactions
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The Company previously held an investment in ELC JV LLP, a joint venture created for a land transaction. During the year, no sales proceeds (2024 - £4,419) relating to the sale of land on 17 May 2021 were received. At the reporting date, no further unpaid profit allocation is outstanding.
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The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.
The audit report was signed on 20 April 2026 by Frank Shippam BSc FCA DChA (Senior statutory auditor) on behalf of MA Partners Audit LLP.
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