REGISTERED NUMBER: 02783505 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

NORWOOD CONSULTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Wood

Mrs W J Wood

J Hurn

REGISTERED OFFICE:

153 -155 London Road

Hemel Hempstead

Hertfordshire

HP3 9SQ

REGISTERED NUMBER:

02783505 (England and Wales)

FIXED ASSETS

Tangible assets

4

-

522

CURRENT ASSETS

Stocks

10,598

13,048

Debtors

5

187,501

165,889

Cash at bank

652,587

830,429

850,686

1,009,366

CREDITORS

Amounts falling due within one year

6

174,763

140,866

NET CURRENT ASSETS

675,923

868,500

TOTAL ASSETS LESS CURRENT LIABILITIES

675,923

869,022

CAPITAL AND RESERVES

Called up share capital

8

52

52

Capital redemption reserve

9

50

50

Retained earnings

9

675,821

868,920

SHAREHOLDERS' FUNDS

675,923

869,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 7 July 2026 and were signed on its behalf by:

R J Wood - Director

1.	STATUTORY INFORMATION

Norwood Consultants 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.

Going concern

The directors have reviewed cash flow projections and based on this have a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. Therefore, the accounts have been prepared on a going concern basis.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Operating leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

24,731

13,863

4,000

39,510

82,104

DEPRECIATION

At 1 April 2025

24,731

13,819

4,000

39,032

81,582

Charge for year

-

44

-

478

522

At 31 March 2026

24,731

13,863

4,000

39,510

82,104

NET BOOK VALUE

At 31 March 2026

-

-

-

-

-

At 31 March 2025

-

44

-

478

522

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

156,528

138,964

Other debtors

30,973

26,925

187,501

165,889

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

21,145

16,643

Taxation and social security

52,421

58,165

Other creditors

101,197

66,058

174,763

140,866

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

15,067

15,067

Between one and five years

35,002

32,506

50,069

47,573

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

50

Ordinary

£1

50

50

2

A Ordinary

£1

2

2

52

52

9.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2025

868,920

50

868,970

Deficit for the year

(77,235

)

(77,235

)

Dividends

(115,864

)

(115,864

)

At 31 March 2026

675,821

50

675,871

10.	RELATED PARTY DISCLOSURES

During the year, rent amounting to £15,000 (2025: £15,000) was paid to landlords R Wood and W Wood, directors of Norwood Consultants Ltd.