IRIS Accounts Production v22.2.0.402 09345576 director 1.1.21 31.12.21 31.12.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093455762020-12-31093455762021-12-31093455762021-01-012021-12-31093455762019-12-31093455762020-01-012020-12-31093455762020-12-3109345576ns16:EnglandWales2021-01-012021-12-3109345576ns15:PoundSterling2021-01-012021-12-3109345576ns11:Director12021-01-012021-12-3109345576ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3109345576ns11:SmallEntities2021-01-012021-12-3109345576ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3109345576ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3109345576ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3109345576ns11:FullAccounts2021-01-012021-12-3109345576ns11:RegisteredOffice2021-01-012021-12-3109345576ns6:CurrentFinancialInstruments2021-12-3109345576ns6:CurrentFinancialInstruments2020-12-3109345576ns6:Non-currentFinancialInstruments2021-12-3109345576ns6:Non-currentFinancialInstruments2020-12-3109345576ns6:ShareCapital2021-12-3109345576ns6:ShareCapital2020-12-3109345576ns6:RetainedEarningsAccumulatedLosses2021-12-3109345576ns6:RetainedEarningsAccumulatedLosses2020-12-3109345576ns6:PlantMachinery2020-12-3109345576ns6:PlantMachinery2021-01-012021-12-3109345576ns6:PlantMachinery2021-12-3109345576ns6:PlantMachinery2020-12-3109345576ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3109345576ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-31
REGISTERED NUMBER: 09345576 (England and Wales)















Financial Statements for the Year Ended 31 December 2021

for

D P Newbound Limited

D P Newbound Limited (Registered number: 09345576)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D P Newbound Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: D P Newbound





REGISTERED OFFICE: 3 Theobalds Avenue
North Finchley
London
N12 8QG





REGISTERED NUMBER: 09345576 (England and Wales)






D P Newbound Limited (Registered number: 09345576)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 416 508

CURRENT ASSETS
Debtors 5 31,951 20,241
Cash at bank and in hand 12,740 28,992
44,691 49,233
CREDITORS
Amounts falling due within one year 6 27,972 18,568
NET CURRENT ASSETS 16,719 30,665
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,135

31,173

CREDITORS
Amounts falling due after more than one
year

7

-

25,000
NET ASSETS 17,135 6,173

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 17,125 6,163
SHAREHOLDERS' FUNDS 17,135 6,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

D P Newbound Limited (Registered number: 09345576)

Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 11 August 2022 and were signed by:





D P Newbound - Director


D P Newbound Limited (Registered number: 09345576)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

D P Newbound 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

D P Newbound Limited (Registered number: 09345576)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021
and 31 December 2021 619
DEPRECIATION
At 1 January 2021 111
Charge for year 92
At 31 December 2021 203
NET BOOK VALUE
At 31 December 2021 416
At 31 December 2020 508

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other debtors 31,951 20,241

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade creditors 2,276 1,619
Taxation and social security 22,462 16,729
Other creditors 3,234 220
27,972 18,568

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.21 31.12.20
£    £   
Bank loans - 25,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is D P Newbound.