13892162 2023-02-03 2023-02-28 13892162 uk-bus:Director1 2023-02-03 2023-02-28 13892162 uk-bus:AuditExemptWithAccountantsReport 2023-02-03 2023-02-28 13892162 uk-bus:SmallEntities 2023-02-03 2023-02-28 13892162 uk-bus:FullAccounts 2023-02-03 2023-02-28 13892162 uk-bus:PrivateLimitedCompanyLtd 2023-02-03 2023-02-28 13892162 2023-02-03 13892162 2023-02-28 13892162 2022-02-03 2022-02-28 13892162 2022-02-28 xbrli:pure iso4217:GBP 13892162 2022-02-03 2022-02-28
Company Registration Number : 13892162 (England and Wales)
13892162
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-02-28
false
NEW HAVEN REAL ESTATE LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-02-03
NEW HAVEN REAL ESTATE LIMITED
Unaudited financial statements and annual report
For 26 days period from 3 February 2023 to 28 February 2023
NEW HAVEN REAL ESTATE LIMITED
Contents
For 26 days period from 3 February 2023 to 28 February 2023

CONTENTS PAGE
Company Information 3
Director's Report 4
Director's Responsibilities Statement 5
Accountant's Report 5
Income Statement 6
Statement of Financial Position 7
Notes to the Financial Statements 8 - 10
Detailed Income Statement 11


NEW HAVEN REAL ESTATE LIMITED
Company Information
For 26 days period from 3 February 2023 to 28 February 2023

Company registration number 13892162 (England and Wales)
Director Perpetual Chigozie EZEABASILI
Registered office address 53 Naseby Road
Dagenham
RM10 7JR
Accountant












Accountant





NEW HAVEN REAL ESTATE LIMITED
Director's Report
For 26 days period from 3 February 2023 to 28 February 2023

The director presents his/her report and the Unaudited Financial Statements for 26 days period from 03 February 2023 to 28 February 2023.
Principal activity
The principal activity of the company continued to be that of letting of own property .
Director of the company
The following directors held office during the whole of the period:
Perpetual Chigozie Ezeabasili
Statement of director's responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 102 1A

Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent; and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Approved by the Board of directors and signed on its behalf by:
Perpetual Chigozie EZEABASILI (Director)
Date: 03 November 2023
This report was approved by the board on 2023-11-03 Date: 03 November 2023
NEW HAVEN REAL ESTATE LIMITED
Accountant's report
For 26 days period from 3 February 2023 to 28 February 2023

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of NEW HAVEN REAL ESTATE LIMITED for the period ended 28 February 2023.
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 HAVEN REAL ESTATE LIMITED for the period ended 28 February 2023.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.





2023-11-03 Date: 03 November 2023
5
NEW HAVEN REAL ESTATE LIMITED
Income Statement
For 26 days period from 3 February 2023 to 28 February 2023

2023 2023
Notes £ £
Turnover 5 1,150 6,809
Gross profit 1,150 6,809
Selling and distribution expenses - (13)
Administrative expenses (19) (1,420)
Operating profit 1,131 5,375
Interest payable and similar charges 7 (466) (3,508)
Profit on ordinary activities before taxation 665 1,867
Tax 8 (126) (355)
Profit for the year 539 1,513
/* == Copy of Frs105 Profit Loss for XML COntent ============================================================ */
Profit and loss account
2023 2023
£ £
NEW HAVEN REAL ESTATE LIMITED
Statement of Financial Position
For 26 days period from 3 February 2023 to 28 February 2023

2023 2023
Notes £ £
Fixed assets
Investment Property 9 251,373 251,373
251,373 251,373
Current assets
Cash and cash equivalents 10 3,334 2,698
3,334 2,698
Current liabilities
Creditors: Amounts falling due within one year 11 (4,194) (2,223)
Corporation tax payable (481) (355)
(4,676) (2,578)
Net current (liabilities)/assets (1,341) 120
Total assets less current liabilities 250,031 251,493
Non-current liabilities
Creditors: Amounts falling due after more than one year 12 (179,980) (179,980)
Net assets/(liabilities) 70,051 71,513
Capital and reserves
Called up share capital 13 70,000 70,000
Retained earnings 51 1,513
Shareholders' funds 70,051 71,513
For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
  • 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 in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 03 November 2023
.............................
Perpetual Chigozie EZEABASILI (Director)
Company registration number: 13892162
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-02-28 28 February 2023
2023 2023
£ £
Fixed Assets 251,373 251,373
Current Assets 3,334 2,698
Creditors: amounts falling due within one year (4,676) (2,578)
Net current assets (liabilities) (1,341) 120
Total assets less current liabilities 250,031 251,493
CREDITORS: Amounts falling due more than one year (179,980) (179,980)
Net Assets (liabilities) 70,051 71,513
Capital and Reserves 70,051 71,513
For the year ending 2/28/2023 the company was entitled to exemption 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. For the year ending 28-02-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the small companies provisions and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board of directors on 03 November 2023 2023-11-03 and signed on behalf of the board,
.............................
Perpetual Chigozie EZEABASILI
Director
Company registration number: 13892162
NEW HAVEN REAL ESTATE LIMITED
Notes to the Financial Statements
For 26 days period from 3 February 2023 to 28 February 2023

(1) General Information
NEW HAVEN REAL ESTATE LIMITED is a private company limited by shares, domiciled and incorporated in England and Wales. Its registered office is Petronne House, 31 Church Street, Dagenham RM10 9UR.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies regime.
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Turnover
The revenue from company's operations comprise:
2023 2023
£ £
Sales 1,150 6,809
1,150 6,809

(6) Employees
During the period, the average number of employees including director was 0 (2023 : 0).

(7) Interest payable and similar charges
2023 2023
£ £
Interest on bank loans and overdrafts 466 3,508
466 3,508

(8) Tax
Current tax
2023 2023
£ £
Corporation tax charge for current year 126 355
Total current tax 126 355

(9) Investment Property
Investment Properties
£
Cost
As at 03 February 2023251,373
As at 28 February 2023251,373
Depreciation
As at 28 February 2023-
Net book value
As at 28 February 2023251,373
As at 02 February 2023251,373

(10) Cash and cash equivalents
2023 2023
£ £
Bank balance 3,334 2,698
3,334 2,698

(11) Creditors: Amounts falling due within one year
2023 2023
£ £
Other creditors 4,194 2,223
4,194 2,223

(12) Creditors: Amounts falling due after more than one year
2023 2023
£ £
Bank loans and overdrafts 179,980 179,980
179,980 179,980

(13) Share capital and reserves
Alloted,called up and fully paid: 2023 2023
£ £
70,000 (2023 : 70,000) Ordinary Shares of £ 1 each70,00070,000
70,000 70,000
Ordinary shares hold equal voting rights.
Retained earnings 2023
£
At 3 February 2023 1,513
Profit of the year 539
Dividends paid (2,000)
At 28 February 2023 52
NEW HAVEN REAL ESTATE LIMITED
Detailed Income Statement
For 26 days period from 3 February 2023 to 28 February 2023

This section does not form part of the statutory accounts.

2023 2023
£ £
Turnover 1,150 6,809
Gross Profit 1,150 6,809
Less : Selling and distribution expenses
Advertising and Marketing - 13
- 13
Less : Administrative expenses
Insurance 19 151
IT Costs - 376
Legal and Professional Fees - 893
19 1,420
Operating profit 1,131 5,375
Less : Interest payable and similar charges
Hire Purchase, Mortgage and Other Interest 466 3,508
466 3,508
Profit on ordinary activities before taxation 665 1,867
Less : Tax
Corporation Tax 126 355
126 355
Net profit for the year after taxation 539 1,513
Less : Distributions
Dividends 2,000 -
2,000 -
Net loss for the year after dividends (1,461) 1,513
Retained profits brought forward 1,513 -
Retained profits carried forward 51 1,513