Norton Minster Estates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13405156

Norton Minster Estates Limited

Filleted Unaudited Financial Statements

Year ended

31 December 2025

Norton Minster Estates Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	3,336,111	975,604
Investments	6	2,269,275	712,839
		-------------	-------------
		5,605,386	1,688,443

Current assets

Debtors	7	11,313	2,038
Cash at bank and in hand		155,999	155,376
		----------	----------
		167,312	157,414

Creditors: amounts falling due within one year	8	5,568,013		1,825,540
		-------------		-------------
Net current liabilities			5,400,701		1,668,126
			-------------		-------------
Total assets less current liabilities			204,685		20,317
			----------		--------
Net assets			204,685		20,317
			----------		--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	204,585	20,217
	----------	--------
Shareholders funds	204,685	20,317
	----------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Norton Minster Estates Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 21 August 2026 , and are signed on behalf of the board by:

A Henderson

Director

Company registration number: 13405156

Norton Minster Estates Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Grange, Grange Lane, Bishop Norton, Market Rasen, England, LN8 2AY.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102 Secion 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of the investment property which is measured at fair value. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The Balance sheet on 31 December 2025 shows significant net current liabilities. This arises from funds loaned to the company by the directors (see note 9). The directors have expressed their willingness to continue to support the company and as such, the account have been prepared on a going concern basis.

(c) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of services is recognised when the significant risks and rewards of ownership of the services have transferred to the buyer, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

(d) Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

(e) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation. Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value recognised in the profit or loss.

(f) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office equipment	-	5 years straight line

(g) Investments

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Land and buildings	Equipment	Total
	£	£	£
Cost
At 1 January 2025	970,817	5,608	976,425
Additions	2,361,629	–	2,361,629
	-------------	-------	-------------
At 31 December 2025	3,332,446	5,608	3,338,054
	-------------	-------	-------------
Depreciation
At 1 January 2025	–	821	821
Charge for the year	–	1,122	1,122
	-------------	-------	-------------
At 31 December 2025	–	1,943	1,943
	-------------	-------	-------------
Carrying amount
At 31 December 2025	3,332,446	3,665	3,336,111
	-------------	-------	-------------
At 31 December 2024	970,817	4,787	975,604
	-------------	-------	-------------

Tangible assets held at valuation

Land and Buildings relates to investment properties. The investment properties were valued in December 2025 by the directors who have experience in the location and category of the investment properties being valued.

6. Investments

	Other investments other than loans
	£
Cost
At 1 January 2025	712,839
Additions	1,770,303
Disposals	( 314,354)
Revaluations	100,487
	-------------
At 31 December 2025	2,269,275
	-------------
Impairment
At 1 January 2025 and 31 December 2025	–
	-------------

Carrying amount
At 31 December 2025	2,269,275
	-------------
At 31 December 2024	712,839
	-------------

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

7. Debtors

	2025	2024
	£	£
Trade debtors	3,819	–
Other debtors	7,494	2,038
	--------	-------
	11,313	2,038
	--------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	15,100	515
Social security and other taxes	2,406	1,342
Directors loan accounts	5,505,232	1,813,157
Other creditors	45,275	10,526
	-------------	-------------
	5,568,013	1,825,540
	-------------	-------------

9. Related party transactions

During the year the directors made available loans to the company. The loan is interest free and repayable on demand. The balance at 31 December 2025 was £ 5,505,233 (2024: £1,813,157).