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Company Registration No. 09431168 (England and Wales)
New Homes Place Limited Unaudited accounts for the year ended 28 February 2023
New Homes Place Limited Unaudited accounts Contents
Page
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New Homes Place Limited Company Information for the year ended 28 February 2023
Director
Sarah Clutton
Company Number
09431168 (England and Wales)
Registered Office
WOODBURY COMMONWOOD HOLT WREXHAM LL13 9JB WALES
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New Homes Place Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,090 
18,674 
Current assets
Debtors
359,742 
406,825 
Cash at bank and in hand
102 
4,190 
359,844 
411,015 
Creditors: amounts falling due within one year
(101,143)
(112,170)
Net current assets
258,701 
298,845 
Total assets less current liabilities
271,791 
317,519 
Creditors: amounts falling due after more than one year
(185,188)
(209,933)
Net assets
86,603 
107,586 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
86,503 
107,486 
Shareholders' funds
86,603 
107,586 
For the year ending 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 her 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
Sarah Clutton Director Company Registration No. 09431168
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New Homes Place Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
New Homes Place Limited is a private company, limited by shares, registered in England and Wales, registration number 09431168. The registered office is WOODBURY COMMONWOOD, HOLT, WREXHAM, LL13 9JB, WALES.
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:
Land & buildings
20 % Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 March 2022
16,206 
562 
8,133 
11,916 
7,403 
44,220 
Additions
- 
374 
- 
- 
- 
374 
At 28 February 2023
16,206 
936 
8,133 
11,916 
7,403 
44,594 
Depreciation
At 1 March 2022
4,824 
323 
3,558 
10,802 
6,039 
25,546 
Charge for the year
2,276 
60 
1,144 
1,114 
1,364 
5,958 
At 28 February 2023
7,100 
383 
4,702 
11,916 
7,403 
31,504 
Net book value
At 28 February 2023
9,106 
553 
3,431 
- 
- 
13,090 
At 28 February 2022
11,382 
239 
4,575 
1,114 
1,364 
18,674 
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New Homes Place Limited Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
58,901 
32,358 
Accrued income and prepayments
- 
4,375 
Other debtors
300,841 
368,470 
359,742 
405,203 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
- 
1,622 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
65,812 
75,675 
VAT
31,365 
27,403 
Trade creditors
546 
154 
Taxes and social security
3,411 
8,497 
Other creditors
9 
441 
101,143 
112,170 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
105,848 
130,593 
Loans from directors
79,340 
79,340 
185,188 
209,933 
8
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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