Norbloc Construction Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC336380

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		510,449		386,517
Investments	5		4,750		4,750

			515,199		391,267
CURRENT ASSETS
Stocks	6	348,764		307,007
Debtors	7	312,788		306,985
Cash at bank and in hand		538,828		695,406

		1,200,380		1,309,398
Creditors: Amounts Falling Due Within One Year	8	(295,869 )		(486,220 )

NET CURRENT ASSETS (LIABILITIES)			904,511		823,178

TOTAL ASSETS LESS CURRENT LIABILITIES			1,419,710		1,214,445

PROVISIONS FOR LIABILITIES
Deferred Taxation			(71,721 )		(77,671 )

NET ASSETS			1,347,989		1,136,774

CAPITAL AND RESERVES
Called up share capital	9		1		1
Revaluation reserve	10		52,240		-
Profit and Loss Account			1,295,748		1,136,773

SHAREHOLDERS' FUNDS			1,347,989		1,136,774

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Norbloc Construction Ltd.

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr G Sinclair

Director

25/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Norbloc Construction Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC336380 . The registered office is Lower Fens, Camilla Street, Halkirk, Caithness, KW12 6YQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% Straight Line
Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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.

...CONTINUED

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Norbloc Construction Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 27 (2025: 26)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2025	82,760	612,780	339,590	1,035,130
Additions	88,567	4,660	61,412	154,639
Disposals	-	(6,691 )	-	(6,691 )
Revaluation	52,240	-	-	52,240

As at 31 March 2026	223,567	610,749	401,002	1,235,318

Depreciation
As at 1 April 2025	6,928	416,213	225,472	648,613
Provided during the period	-	44,890	41,559	86,449
Disposals	-	(3,265 )	-	(3,265 )
On revaluations	(6,928 )	-	-	(6,928 )

As at 31 March 2026	-	457,838	267,031	724,869

Net Book Value
As at 31 March 2026	223,567	152,911	133,971	510,449

As at 1 April 2025	75,832	196,567	114,118	386,517

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2025	4,750

As at 31 March 2026	4,750

Provision
As at 1 April 2025	-

As at 31 March 2026	-

...CONTINUED

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Norbloc Construction Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	4,750

As at 1 April 2025	4,750

6. Stocks

	2026	2025
	£	£
Stock	61,000	81,000
Work in progress	287,764	226,007

	348,764	307,007

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	193,168	190,402
Other debtors	119,620	116,583

	312,788	306,985

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	115,144	286,775
Other creditors	15,004	17,255
Taxation and social security	165,721	182,190

	295,869	486,220

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

10. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 April 2025	-	1,136,773
Profit for year	-	183,975

Surplus on revaluation	52,240	-

Other comprehensive income for the year	52,240	-

Total comprehensive income for the year	52,240	183,975

Dividends paid	-	(25,000)

As at 31 March 2026	52,240	1,295,748

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