Company registration number 13230542 (England and Wales)
NEW HOPE HOLDINGS LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2023
Pages For Filing With Registrar
New Hope Holdings Limited
NEW HOPE HOLDINGS LIMITED
Contents
Page
Balance sheet
2
Notes to the financial statements
3
New Hope Holdings Limited
NEW HOPE HOLDINGS LIMITED
Accountants' Report To The Director On The Preparation Of The Unaudited Statutory Financial Statements Of New Hope Holdings Limited For The Year Ended 31 March 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of New Hope Holdings Limited for the year ended 31 March 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of New Hope Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 1 August 2021. Our work has been undertaken solely to prepare for your approval the financial statements of New Hope Holdings Limited and state those matters that we have agreed to state to the board of directors of New Hope Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than New Hope Holdings Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that New Hope Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of New Hope Holdings Limited. You consider that New Hope Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of New Hope Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chavereys
11 October 2023
Chartered Accountants
The Goods Shed
Jubilee Way
Faversham
Kent
England
ME13 8GD
New Hope Holdings Limited
NEW HOPE HOLDINGS LIMITED
Balance Sheet
As At 31 March 2023
- 2 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
822,006
1,250,006
Cash at bank and in hand
452,049
50,000
Net current assets
1,274,055
1,300,006
Capital and reserves
Called up share capital
6
6
Profit and loss reserves
1,274,049
1,300,000
Total equity
1,274,055
1,300,006
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 11 October 2023
Mr DM Taylor
Director
Company Registration No. 13230542
New Hope Holdings Limited
NEW HOPE HOLDINGS LIMITED
Notes To The Financial Statements
For The Year Ended 31 March 2023
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1
Accounting policies
Company information
New Hope Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hope Farm, Crete Road East, Folkestone, Kent, England, CT18 7EG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
6
6
2023
2022
Amounts falling due after more than one year:
£
£
Amounts owed by group undertakings
822,000
1,250,000
Total debtors
822,006
1,250,006