Norfolk & West Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10425387 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

NORFOLK & WEST PROPERTIES LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Report of the accountants

7

DIRECTORS:

E Lloyd Jones

M L Lloyd Jones

REGISTERED OFFICE:

2 Llys Onnen

Ffordd y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

REGISTERED NUMBER:

10425387 (England and Wales)

ACCOUNTANTS:

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

FIXED ASSETS

Tangible assets

4

-

Investment property

5

380,000

CURRENT ASSETS

Cash at bank

8,676

4,965

CREDITORS

Amounts falling due within one year

6

(230,789

)

(232,633

)

NET CURRENT LIABILITIES

(222,113

)

(227,668

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

157,887

152,332

CREDITORS

Amounts falling due after more than one
year

7

(46,751

)

(47,544

)

NET ASSETS

111,136

104,788

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

111,036

104,688

111,136

104,788

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 18 June 2026 and were signed on its behalf by:

E Lloyd Jones - Director

1.	STATUTORY INFORMATION

Norfolk & West Properties 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

2,276

DEPRECIATION

At 1 November 2024

and 31 October 2025

2,276

NET BOOK VALUE

At 31 October 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

380,000

NET BOOK VALUE

At 31 October 2025

380,000

At 31 October 2024

380,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2023

30,294

Valuation in 2024

(35,000

)

Cost

384,706

380,000

The valuation of the investment property was made as at 31 October 2025 by M. L. Lloyd Jones, who is a director of the company.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Bank loans and overdrafts

2,000

Taxation and social security

1,500

1,400

Other creditors

227,289

229,233

230,789

232,633

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans

46,751

47,544

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

38,751

39,544

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

Bank loans

48,751

49,544

9.	DIRECTORS LOANS

The directors loans £226,645 ( 31.10.24 - £228,757 ) are included in creditors falling due within one year.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E Lloyd Jones and M L Lloyd Jones, directors and equal shareholders.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 we have prepared for your approval the accounts of Norfolk & West Properties Limited for the year ended 31 October 2025 from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

18 June 2026