1 February 2022 false No description of principal activity Taxfiler 2023.10 NI635638business:PrivateLimitedCompanyLtd2022-02-012023-01-31 NI6356382022-01-31 NI6356382022-02-012023-01-31 NI635638business:AuditExempt-NoAccountantsReport2022-02-012023-01-31 NI635638business:FilletedAccounts2022-02-012023-01-31 NI6356382023-01-31 NI635638business:Director12022-02-012023-01-31 NI635638business:RegisteredOffice2022-02-012023-01-31 NI6356382022-01-31 NI635638core:WithinOneYear2023-01-31 NI635638core:WithinOneYear2022-01-31 NI635638core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 NI635638core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 NI635638core:PreviouslyStatedAmount2023-01-31 NI635638core:PreviouslyStatedAmount2022-01-31 NI635638business:SmallEntities2022-02-012023-01-31 NI635638countries:NorthernIreland2022-02-012023-01-31 NI635638core:PlantMachinery2022-01-31 NI635638core:PlantMachinery2022-02-012023-01-31 NI635638core:PlantMachinery2023-01-31 NI6356382021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. NI635638 (Northern Ireland)
NEWRATH CONSTRUCTION LTD Unaudited accounts for the year ended 31 January 2023
NEWRATH CONSTRUCTION LTD Unaudited accounts Contents
Page
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NEWRATH CONSTRUCTION LTD Company Information for the year ended 31 January 2023
Director
JOSEPH MC ALLISTER
Company Number
NI635638 (Northern Ireland)
Registered Office
44a Rathfriland Road, Newry Down BT341LD NI
Accountants
BYRNE PATTERSON & CO LTD 5 SUGARHOUSE QUAY NEWRY BT35 6HZ
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NEWRATH CONSTRUCTION LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,858 
2,488 
Current assets
Inventories
9,500 
9,500 
Debtors
2,334 
2,334 
Cash at bank and in hand
(1,847)
2,261 
9,987 
14,095 
Creditors: amounts falling due within one year
(14,170)
(15,742)
Net current liabilities
(4,183)
(1,647)
Net (liabilities)/assets
(2,325)
841 
Capital and reserves
Profit and loss account
(2,325)
841 
Shareholders' funds
(2,325)
841 
For the year ending 31 January 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 8 November 2023 and were signed on its behalf by
JOSEPH MC ALLISTER Director Company Registration No. NI635638
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NEWRATH CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
NEWRATH CONSTRUCTION LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI635638. The registered office is 44a Rathfriland Road, , Newry, Down, BT341LD, NI.
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 
£ 
Cost or valuation
At cost 
At 1 February 2022
4,146 
Additions
199 
At 31 January 2023
4,345 
Depreciation
At 1 February 2022
1,658 
Charge for the year
829 
At 31 January 2023
2,487 
Net book value
At 31 January 2023
1,858 
At 31 January 2022
2,488 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,334 
2,334 
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NEWRATH CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,795 
4,719 
Taxes and social security
371 
1,044 
Proposed dividends
2,065 
2,065 
Loans from directors
7,189 
7,189 
Accruals
750 
725 
14,170 
15,742 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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