2022-03-01 07527487 2023-02-28 07527487 2022-03-01 2023-02-28 07527487 2022-02-28 07527487 2021-03-01 2022-02-28 07527487 uk-core:WithinOneYear 2022-02-28 07527487 uk-core:WithinOneYear 2023-02-28 07527487 uk-core:ShareCapital 2023-02-28 07527487 uk-core:ShareCapital 2022-02-28 07527487 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 07527487 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 07527487 uk-bus:Director1 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure 07527487 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 07527487 uk-bus:FRS102 2022-03-01 2023-02-28 07527487 uk-bus:FullAccounts 2022-03-01 2023-02-28 07527487 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
New Generation Advertising Ltd
Registered Number:07527487
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
New Generation Advertising Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07527487
As at 28 February 2023
New Generation Advertising Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
3,864
4,545
2
3,864
4,545
Current assets
Trade and other receivables
270,000
-
3
172,050
Cash and cash equivalents
475,344
475,344
442,050
Trade and other payables: amounts falling due within one
year
(52,055)
(36,159)
4
389,995
439,185
Net current assets
Total assets less current liabilities
443,049
394,540
443,049
Net assets
394,540
Capital and reserves
Called up share capital
100
100
Retained earnings
442,949
394,440
443,049
394,540
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
John Cutler Director
These financial statements were approved and authorised for issue by the Board on 03 October 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 28 February 2023
New Generation Advertising Ltd
Notes to the Financial Statements
Statutory Information
New Generation Advertising Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07527487.
Registered address:
54 Wood Street
Lytham St Annes
Lancashire
FY8 1QG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 March 2022
12,052
At 28 February 2023
12,052
Provision for depreciation and impairment
At 01 March 2022
7,507
Charge for year
681
At 28 February 2023
8,188
At 28 February 2023
Net book value
3,864
At 28 February 2022
4,545
3. Trade and other receivables
2022
2023
£
£
Other debtors
-
270,000
2 of 3
5
For the year ended 28 February 2023
New Generation Advertising Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
11,538
50,156
Other creditors
24,621
1,899
36,159
52,055
5. Average number of persons employed
During the year the average number of employees was 0
3 of 3