Norman's Property Ltd |
Notes to the Accounts |
for the year ended 31 March 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Freehold buildings |
Held at cost |
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
0 |
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0 |
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3 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 1 April 2022 |
267,490 |
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At 31 March 2023 |
267,490 |
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Depreciation |
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At 31 March 2023 |
- |
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Net book value |
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At 31 March 2023 |
267,490 |
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At 31 March 2022 |
267,490 |
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4 |
Creditors: amounts falling due within one year |
2023 |
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2022 |
£ |
£ |
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Taxation and social security costs |
2,604 |
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2,191 |
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Other creditors |
283,824 |
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283,510 |
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286,428 |
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285,701 |
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5 |
Other information |
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Norman's Property Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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1 The Narrows |
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Harden |
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Bingley |
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BD16 1HY |