Norfolk Dry Wall (Essex) Limited 30/09/2025 iXBRL

Company registration number: 04282216

Norfolk Dry Wall (Essex) Limited

Unaudited abridged financial statements

30 September 2025

Norfolk Dry Wall (Essex) Limited

Contents

Directors and other information

Directors report

Accountants report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Norfolk Dry Wall (Essex) Limited

Directors and other information


	Directors	P. J. George
		S. V. C Scott
		M. P. Gilchrist


	Company number	04282216


	Registered office	The White House
		High Street
		Dereham
		Norfolk
		NR19 1DR


	Business address	Unit 6 Inworth Grange Farm
		Grange Road
		Tiptree
		Essex
		C05 0QQ


	Accountants	Jemmett Fox (UK) Limited
		The White House
		High Street
		Dereham
		Norfolk
		NR19 1DR




	Bankers	Barclays Bank Plc
		Magdalen Street
		Norwich
		Norfolk

Norfolk Dry Wall (Essex) Limited

Directors report

Year ended 30 September 2025

The directors present their report and the unaudited financial statements of the company for the year ended 30 September 2025.

Directors

The directors who served the company during the year were as follows:


P. J. George
S. V. C Scott
M. P. Gilchrist

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 26 November 2025 and signed on behalf of the board by:

S. V. C Scott

Director

Norfolk Dry Wall (Essex) Limited

Accountants report to the directors on the preparation of the

unaudited statutory financial statements of Norfolk Dry Wall (Essex) Limited

Year ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Norfolk Dry Wall (Essex) Limited for the year ended 30 September 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the directors of Norfolk Dry Wall (Essex) Limited, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Norfolk Dry Wall (Essex) Limited and state those matters that we have agreed to state to the directors of Norfolk Dry Wall (Essex) Limited, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Norfolk Dry Wall (Essex) Limited and its directors for our work or for this report.

It is your duty to ensure that Norfolk Dry Wall (Essex) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Norfolk Dry Wall (Essex) Limited. You consider that Norfolk Dry Wall (Essex) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Norfolk Dry Wall (Essex) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Jemmett Fox (UK) Limited

Accountants and Business Advisors

The White House

High Street

Dereham

Norfolk

NR19 1DR

27 November 2025

Norfolk Dry Wall (Essex) Limited

Abridged statement of comprehensive income

Year ended 30 September 2025

		2025	2024
	Note	£	£

Gross profit		816,065	485,346

Administrative expenses		( 519,313)	( 363,139)
		_______	_______
Operating profit		296,752	122,207

Other interest receivable and similar income		76	491
Interest payable and similar expenses		( 6,266)	( 5,417)
		_______	_______
Profit before taxation	5	290,562	117,281

Tax on profit		( 62,407)	( 26,657)
		_______	_______
Profit for the financial year and total comprehensive income		228,155	90,624
		_______	_______

All the activities of the company are from continuing operations.

Norfolk Dry Wall (Essex) Limited

Abridged statement of financial position

30 September 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	439,863		264,803
		_______		_______
			439,863		264,803

Current assets
Stocks		213,349		157,372
Debtors		1,508,740		1,138,478
Cash at bank and in hand		120,566		12,035
		_______		_______
		1,842,655		1,307,885
Creditors: amounts falling due
within one year		( 955,789)		( 545,026)
		_______		_______
Net current assets			886,866		762,859
			_______		_______
Total assets less current liabilities			1,326,729		1,027,662

Creditors: amounts falling due
after more than one year			( 146,970)		( 84,320)

Provisions for liabilities			( 68,279)		( 35,017)

			_______		_______
Net assets			1,111,480		908,325
			_______		_______

Capital and reserves
Called up share capital	7		99		99
Profit and loss account	8		1,111,381		908,226
			_______		_______
Shareholders funds			1,111,480		908,325
			_______		_______

For the year ending 30 September 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.

These financial statements have been prepared 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'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 26 November 2025 , and are signed on behalf of the board by:

S. V. C Scott

Director

Company registration number: 04282216

Norfolk Dry Wall (Essex) Limited

Statement of changes in equity

Year ended 30 September 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 October 2023	99	817,602	817,701

Profit for the year		90,624	90,624
	_______	_______	_______
Total comprehensive income for the year	-	90,624	90,624

	_______	_______	_______
At 30 September 2024 and 1 October 2024	99	908,226	908,325

Profit for the year		228,155	228,155
	_______	_______	_______
Total comprehensive income for the year	-	228,155	228,155

Dividends paid and payable		( 25,000)	( 25,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 25,000)	( 25,000)

	_______	_______	_______
At 30 September 2025	99	1,111,381	1,111,480
	_______	_______	_______

Norfolk Dry Wall (Essex) Limited

Notes to the financial statements

Year ended 30 September 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 Jemmett Fox, The White House, High Street, Dereham, Norfolk, NR19 1DR.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); 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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

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:


Freehold property	-	No depreciation
Plant and machinery	-	15 % per month of net book value
Office equipment	-	10 % per month of net book value
Motor vehicles	-	25% per month of net book value
Fixtures & fittings	-	10 % per month of net book value

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2024: 11 ).

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	38,576	36,330
	_______	_______

6. Tangible assets


		£
	Cost
	At 1 October 2024	482,775
	Additions	221,798
	Disposals	( 51,812)
		_______
	At 30 September 2025	652,761
		_______
	Depreciation
	At 1 October 2024	217,972
	Charge for the year	38,576
	Disposals	( 43,650)
		_______
	At 30 September 2025	212,898
		_______
	Carrying amount
	At 30 September 2025	439,863
		_______
	At 30 September 2024	264,803
		_______

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares shares of £ 1.00 each	99	99	99	99
	_______	_______	_______	_______

8. Reserves

Profit and loss account:This reserve records retained earnings and accumulated losses.

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	S. V. C Scott	3,310	60,000	( 2,150)	61,160
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	S. V. C Scott	6,010	-	( 2,700)	3,310
		_______	_______	_______	_______

10. Related party transactions

During the year the company has had business transactions with Norfolk Dry Wall Limited , a company in which Matthew Paul Gilchrist, is also a director. As at 30 September 2025 Norfolk Dry Wall Limited owed Norfolk Dry Wall (Essex) Limited £ 56,963 (2024: £ 7,151 ) in relation to these transactions. The company has also traded with Norfolk Drywall Group Limited , a company in which Steve Vincent Clive Scott is also a director. At the end of the accounting year, Norfolk Dry Wall (Essex) Limited owed Norfolk Drywall Group Limited £ 67,828 (2024: £Nil) in relation to these transactions.

11. Controlling party

The company is under the control of P.J. George, S.V.C. Scott and M.P. Gilchrist. No party has ultimate control of the company.