Company registration number 324278 (England and Wales)
NO.451 NORWOOD ROAD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
NO.451 NORWOOD ROAD LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
NO.451 NORWOOD ROAD LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment properties
4
3,536,390
3,536,390
Investments
5
25
25
3,536,415
3,536,415
Current assets
Debtors
6
30,774
36,608
Investments
7
513,237
509,550
Cash at bank and in hand
489,235
208,274
1,033,246
754,432
Creditors: amounts falling due within one year
8
(86,124)
(76,080)
Net current assets
947,122
678,352
Total assets less current liabilities
4,483,537
4,214,767
Provisions for liabilities
9
(364,164)
(364,164)
Net assets
4,119,373
3,850,603
Capital and reserves
Called up share capital
1,000
1,000
Fair value reserve
10
1,552,487
1,552,487
Profit and loss reserves
2,565,886
2,297,116
Total equity
4,119,373
3,850,603

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

NO.451 NORWOOD ROAD LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 4 August 2026 and are signed on its behalf by:
SA Zilberstein
NR Jacobs
Director
Director
Company Registration No. 324278
NO.451 NORWOOD ROAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

No.451 Norwood Road Limited is a private company limited by shares incorporated in England and Wales. The registered office is North House, 198 High Street, Tonbridge, Kent, TN9 1BE.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Revenue

Turnover represents amounts receivable in respect of rental income. The company is not VAT registered.

1.3
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

NO.451 NORWOOD ROAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

NO.451 NORWOOD ROAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the fair value of investment properties. Fair value is estimated by the directors. Changes in fair value are recognised in the profit and loss account.

.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
4
Investment property
2025
£
Fair value
At 1 January 2025 and 31 December 2025
3,536,390

Investment property comprises a portfolio of residential properties.

5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
25
25
NO.451 NORWOOD ROAD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
1,149
Amounts owed by group undertakings
710
773
Other debtors
30,064
34,686
30,774
36,608
7
Current asset investments
2025
2024
£
£
Other investments
513,237
509,550
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
754
-
0
Corporation tax
82,670
73,380
Other creditors
2,700
2,700
86,124
76,080
9
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
364,164
364,164
10
Fair value reserve
2025
2024
£
£
At the beginning and end of the year
1,552,487
1,552,487
2025-12-31 2025-01-01 false false false 05 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Susan Zilberstein Nigel Jacobs LF Hommel 324278 2025-01-01 2025-12-31 324278 2025-12-31 324278 2024-12-31 324278 core:WithinOneYear 2025-12-31 324278 core:WithinOneYear 2024-12-31 324278 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 324278 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 324278 core:ShareCapital 2025-12-31 324278 core:ShareCapital 2024-12-31 324278 core:RevaluationReserve 2025-12-31 324278 core:RevaluationReserve 2024-12-31 324278 core:RetainedEarningsAccumulatedLosses 2025-12-31 324278 core:RetainedEarningsAccumulatedLosses 2024-12-31 324278 bus:Director1 2025-01-01 2025-12-31 324278 bus:Director2 2025-01-01 2025-12-31 324278 2024-01-01 2024-12-31 324278 2024-12-31 324278 core:CurrentFinancialInstruments 2025-12-31 324278 core:CurrentFinancialInstruments 2024-12-31 324278 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 324278 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 324278 bus:FRS102 2025-01-01 2025-12-31 324278 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 324278 bus:CompanySecretary1 2025-01-01 2025-12-31 324278 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP