NORTON ALUMINIUM LIMITED

NORTON ALUMINIUM LIMITED

NORTON ALUMINIUM LIMITED - Company Information

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NORTON ALUMINIUM LIMITED

Company Registration Number:
04057749 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2020

Period of accounts

Start date: 01 September 2019

End date: 31 August 2020

NORTON ALUMINIUM LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2020

Balance sheet
Notes

NORTON ALUMINIUM LIMITED

Balance sheet

As at 31 August 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 10,000 15,000
Tangible assets: 4 557,294 735,416
Total fixed assets: 567,294 750,416
Current assets
Stocks: 1,058,239 1,839,529
Debtors:   1,516,119 3,312,347
Cash at bank and in hand: 157,626 380,011
Total current assets: 2,731,984 5,531,887
Creditors: amounts falling due within one year:   (2,864,820) (4,501,565)
Net current assets (liabilities): (132,836) 1,030,322
Total assets less current liabilities: 434,458 1,780,738
Creditors: amounts falling due after more than one year:   (34,745) (59,861)
Total net assets (liabilities): 399,713 1,720,877
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:5785,235785,235
Profit and loss account: (385,622) 935,542
Shareholders funds: 399,713 1,720,877

The notes form part of these financial statements

NORTON ALUMINIUM LIMITED

Balance sheet statements

For the year ending 31 August 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 March 2022
and signed on behalf of the board by:

Name: Henry Dickinson
Status: Director

The notes form part of these financial statements

NORTON ALUMINIUM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NORTON ALUMINIUM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

2. Employees

2020 2019
Average number of employees during the period 35 46

NORTON ALUMINIUM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

3. Intangible Assets

Total
Cost £
At 01 September 2019 50,000
At 31 August 2020 50,000
Amortisation
At 01 September 2019 35,000
Charge for year 5,000
At 31 August 2020 40,000
Net book value
At 31 August 2020 10,000
At 31 August 2019 15,000

NORTON ALUMINIUM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

4. Tangible Assets

Total
Cost £
At 01 September 2019 1,673,322
Additions 37,624
Disposals (40,939)
At 31 August 2020 1,670,007
Depreciation
At 01 September 2019 937,906
Charge for year 204,456
On disposals (29,649)
At 31 August 2020 1,112,713
Net book value
At 31 August 2020 557,294
At 31 August 2019 735,416

NORTON ALUMINIUM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2020

5. Revaluation reserve

2020
£
Balance at 01 September 2019 785,235
Surplus or deficit after revaluation 0
Balance at 31 August 2020 785,235