1 April 2021 false No description of principal activity Taxfiler 2022.8.3 07189605business:PrivateLimitedCompanyLtd2021-04-012022-03-31 071896052021-03-31 071896052021-04-012022-03-31 07189605business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 07189605business:FullAccounts2021-04-012022-03-31 071896052022-03-31 07189605business:Director12021-04-012022-03-31 07189605business:Director22021-04-012022-03-31 07189605business:RegisteredOffice2021-04-012022-03-31 071896052021-03-31 07189605core:WithinOneYear2022-03-31 07189605core:WithinOneYear2021-03-31 07189605core:AfterOneYear2022-03-31 07189605core:AfterOneYear2021-03-31 07189605core:ShareCapital2022-03-31 07189605core:ShareCapital2021-03-31 07189605core:RetainedEarningsAccumulatedLosses2022-03-31 07189605core:RetainedEarningsAccumulatedLosses2021-03-31 07189605business:SmallEntities2021-04-012022-03-31 07189605countries:EnglandWales2021-04-012022-03-31 07189605core:ComputerEquipment2021-04-012022-03-31 07189605core:ComputerEquipment2021-03-31 07189605core:ComputerEquipment2022-03-31 071896052020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07189605 (England and Wales)
Newredo Ltd Unaudited accounts for the year ended 31 March 2022
Newredo Ltd Unaudited accounts Contents
Page
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Newredo Ltd Company Information for the year ended 31 March 2022
Directors
R D Brayshay P J Luby
Company Number
07189605 (England and Wales)
Registered Office
c/o Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton BD23 3SE
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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Newredo Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,452 
1,557 
Current assets
Inventories
19,450 
- 
Debtors
49,162 
18,330 
Cash at bank and in hand
120,893 
82,258 
189,505 
100,588 
Creditors: amounts falling due within one year
(128,019)
(45,791)
Net current assets
61,486 
54,797 
Total assets less current liabilities
62,938 
56,354 
Creditors: amounts falling due after more than one year
(40,602)
(50,000)
Net assets
22,336 
6,354 
Capital and reserves
Called up share capital
21 
21 
Profit and loss account
22,315 
6,333 
Shareholders' funds
22,336 
6,354 
For the year ending 31 March 2022 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2022 and were signed on its behalf by
R D Brayshay Director Company Registration No. 07189605
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Newredo Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Newredo Ltd is a private company, limited by shares, registered in England and Wales, registration number 07189605. The registered office is c/o Pearson & Associates, Suite E, Canal Wharf, Eshton Road, Gargrave, Skipton, BD23 3SE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2021
7,871 
Additions
367 
At 31 March 2022
8,238 
Depreciation
At 1 April 2021
6,314 
Charge for the year
472 
At 31 March 2022
6,786 
Net book value
At 31 March 2022
1,452 
At 31 March 2021
1,557 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
47,412 
17,580 
Accrued income and prepayments
1,000 
- 
Other debtors
750 
750 
49,162 
18,330 
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Newredo Ltd Notes to the Accounts for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
9,398 
- 
Trade creditors
874 
1,482 
Taxes and social security
62,431 
27,133 
Other creditors
18,260 
7,730 
Loans from directors
37,056 
9,446 
128,019 
45,791 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
40,602 
50,000 
8
Average number of employees
During the year the average number of employees was 5 (2021: 5).
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