REGISTERED NUMBER: 04245785 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

NORTON HALL (NORTON STOCKTON) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

C B Luke

M Binks

SECRETARY:

M Binks

REGISTERED OFFICE:

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

REGISTERED NUMBER:

04245785 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

The directors present their report with the financial statements of the company for the year ended 31st December 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2025 to the date of this report.

C B Luke

M Binks

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

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M Binks - Director

19th August 2026

INCOME

95,396

75,882

Service charge expenditure

96,672

93,809

OPERATING DEFICIT

(1,276

)

(17,927

)

Interest receivable and similar income

924

1,030

DEFICIT BEFORE TAXATION

(352

)

(16,897

)

Tax on deficit

4

1,492

1,507

DEFICIT FOR THE FINANCIAL YEAR

(1,844

)

(18,404

)

FIXED ASSETS

Tangible assets

5

53,639

53,639

CURRENT ASSETS

Debtors

6

115,600

118,673

CREDITORS

Amounts falling due within one year

7

112,732

116,620

NET CURRENT ASSETS

2,868

2,053

TOTAL ASSETS LESS CURRENT LIABILITIES

56,507

55,692

CREDITORS

Amounts falling due after more than one year

8

47,300

47,300

NET ASSETS

9,207

8,392

RESERVES

Income and expenditure account

9

9,207

8,392

9,207

8,392

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 surplus or deficit 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 19th August 2026 and were signed on its behalf by:

M Binks - Director

1.	STATUTORY INFORMATION

Norton Hall (Norton Stockton) Management Company Limited is a private company, limited by guarantee , 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.

Income

During the year the company received monies from lessees, as agents, in respect of service charges and related income, which are held on trust and do not constitute turnover.

Tangible fixed assets

No depreciation is provided on the cost of the freehold reversionary interest acquired in 2010 as reflected in note 5 to the accounts. In the opinion of the directors, no depreciation is required because, due to the nature of the asset, its value should be preserved by virtue of its source of ground rent income.

Presentation of the income statement

The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property.

3.	EMPLOYEES AND DIRECTORS

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

31/12/25

31/12/24

£

£

Directors' remuneration

-

-

4.

TAXATION

Analysis of the tax charge

The tax charge on the deficit for the year was as follows:

31/12/25

31/12/24

£

£

Current tax:

UK corporation tax

1,492

1,507

Tax on deficit

1,492

1,507

5.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st January 2025

and 31st December 2025

53,639

NET BOOK VALUE

At 31st December 2025

53,639

At 31st December 2024

53,639

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

237

2,775

Other debtors

1,368

1,308

Bank Balance held by Managing Agents

40,313

47,745

Service Charge Account Deficit

61,010

58,679

Prepayments

12,672

8,166

115,600

118,673

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

8,234

21,036

Tax

1,492

2,939

Service Charge Account

25,430

25,758

Reserve Fund

75,394

63,394

Accrued expenses

2,182

3,493

112,732

116,620

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Other loans more 5yrs non-inst

47,300

47,300

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

47,300

47,300

9.

RESERVES

Income

and

expenditure

account

£

At 1st January 2025

8,392

Deficit for the year

(1,844

)

Transfer (to)/from Service Charge Account

2,659

At 31st December 2025

9,207

10.	RELATED PARTY DISCLOSURES

The company is a mutual trading company and as such received income in the form of service charge from residents, some of whom are directors of the company. Service charges payable by the directors are on the same basis as for all of the other residents.

11.	LIMIT OF MEMBERS LIABILITY

The liability of the members of the company is limited by guarantee to £1 each.