Norton Bridges & Co. Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03357397 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2021

FOR

NORTON BRIDGES & CO. LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R T Duffy

REGISTERED OFFICE:

2 Mountside

Stanmore

Middlesex

HA7 2DT

REGISTERED NUMBER:

03357397 (England and Wales)

ACCOUNTANTS:

Mountsides Limited

Chartered Accountants

2 Mountside

Stanmore

Middlesex

HA7 2DT

FIXED ASSETS

Tangible assets

5

14,294

2,214

CURRENT ASSETS

Debtors

99,877

103,319

Cash at bank

169,630

77,961

269,507

181,280

CREDITORS

Amounts falling due within one year

(96,495

)

(53,644

)

NET CURRENT ASSETS

173,012

127,636

TOTAL ASSETS LESS CURRENT LIABILITIES

187,306

129,850

CREDITORS

Amounts falling due after more than one year

(51,169

)

-

NET ASSETS

136,137

129,850

CAPITAL AND RESERVES

Called up share capital

6

400

400

Retained earnings

135,737

129,450

SHAREHOLDERS' FUNDS

136,137

129,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 April 2022 and were signed by:

Mr R T Duffy - Director

1.	STATUTORY INFORMATION

Norton Bridges & Co. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover represents the value of services provided during the year, excluding value added tax. Turnover includes estimates of amounts not invoiced for on-going services at the balance sheet date and is recognised by reference to the stage of completion.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

GOVERNMENT GRANTS

Government grants are recognised at fair value when there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

Grants related to purchase of assets are treated as deferred income and allocated to income statement over the useful lives of the related assets while grants related to expenses are treated as other income in the income statement.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2020 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2020

16,256

Additions

16,845

At 30 April 2021

33,101

DEPRECIATION

At 1 May 2020

14,042

Charge for year

4,765

At 30 April 2021

18,807

NET BOOK VALUE

At 30 April 2021

14,294

At 30 April 2020

2,214

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

400

Ordinary

£1

400

400