1 April 2022 false No description of principal activity Taxfiler 2023.9 NI660032business:PrivateLimitedCompanyLtd2022-04-012023-03-31 NI6600322022-03-31 NI6600322022-04-012023-03-31 NI660032business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 NI660032business:FilletedAccounts2022-04-012023-03-31 NI6600322023-03-31 NI660032business:Director12022-04-012023-03-31 NI660032business:RegisteredOffice2022-04-012023-03-31 NI6600322022-03-31 NI660032core:WithinOneYear2023-03-31 NI660032core:WithinOneYear2022-03-31 NI660032core:AfterOneYear2023-03-31 NI660032core:AfterOneYear2022-03-31 NI660032core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 NI660032core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 NI660032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 NI660032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 NI660032core:PreviouslyStatedAmount2023-03-31 NI660032core:PreviouslyStatedAmount2022-03-31 NI660032business:SmallEntities2022-04-012023-03-31 NI660032countries:NorthernIreland2022-04-012023-03-31 NI660032core:PlantMachinery2022-03-31 NI660032core:MotorVehicles2022-03-31 NI660032core:PlantMachinery2023-03-31 NI660032core:MotorVehicles2023-03-31 NI660032core:PlantMachinery2022-04-012023-03-31 NI660032core:MotorVehicles2022-04-012023-03-31 NI6600322021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. NI660032 (Northern Ireland)
NV Transport Newtown Ltd Unaudited accounts for the year ended 31 March 2023
NV Transport Newtown Ltd Unaudited accounts Contents
Page
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NV Transport Newtown Ltd Company Information for the year ended 31 March 2023
Director
Neil Vallely
Company Number
NI660032 (Northern Ireland)
Registered Office
21 DUNDALK ROAD NEWTOWNHAMILTON NEWRY COUNTY DOWN BT35 0JA NORTHERN IRELAND
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NV Transport Newtown Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,504 
49,380 
Current assets
Cash at bank and in hand
32,159 
35,638 
Creditors: amounts falling due within one year
(8,022)
(7,511)
Net current assets
24,137 
28,127 
Total assets less current liabilities
63,641 
77,507 
Creditors: amounts falling due after more than one year
(279,353)
(140,830)
Net liabilities
(215,712)
(63,323)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(215,713)
(63,324)
Shareholders' funds
(215,712)
(63,323)
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 13 October 2023 and were signed on its behalf by
Neil Vallely Director Company Registration No. NI660032
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NV Transport Newtown Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
NV Transport Newtown Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI660032. The registered office is 21 DUNDALK ROAD, NEWTOWNHAMILTON, NEWRY, COUNTY DOWN, BT35 0JA, NORTHERN IRELAND.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
26,500 
47,500 
74,000 
At 31 March 2023
26,500 
47,500 
74,000 
Depreciation
At 1 April 2022
15,140 
9,480 
24,620 
Charge for the year
2,272 
7,604 
9,876 
At 31 March 2023
17,412 
17,084 
34,496 
Net book value
At 31 March 2023
9,088 
30,416 
39,504 
At 31 March 2022
11,360 
38,020 
49,380 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
8,022 
8,022 
Trade creditors
- 
3,322 
Taxes and social security
- 
(3,833)
8,022 
7,511 
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NV Transport Newtown Ltd Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
44,000 
48,000 
Obligations under finance leases and hire purchase contracts
63,000 
68,000 
Loans from directors
172,353 
24,830 
279,353 
140,830 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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