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Company Registration No. 10750725 (England and Wales)
NEW AGE LETTINGS LIMITED Unaudited accounts for the year ended 30 May 2023
NEW AGE LETTINGS LIMITED Unaudited accounts Contents
Page
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NEW AGE LETTINGS LIMITED Company Information for the year ended 30 May 2023
Director
Chinedu Osaheni EVBUOMWAN
Company Number
10750725 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET LONDON WC1N 3AX ENGLAND
Accountants
TAX EXPRESS ACCOUNTING LTD 71-75 Shelton Street Covent Garden London WC2H 9JQ
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NEW AGE LETTINGS LIMITED Statement of financial position as at 30 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,958 
6,028 
Investments
40,000 
40,000 
46,958 
46,028 
Current assets
Debtors
105,949 
73,836 
Cash at bank and in hand
4,277 
2,729 
110,226 
76,565 
Creditors: amounts falling due within one year
(1,829)
(14,287)
Net current assets
108,397 
62,278 
Total assets less current liabilities
155,355 
108,306 
Creditors: amounts falling due after more than one year
(104,686)
(70,023)
Net assets
50,669 
38,283 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,569 
38,183 
Shareholders' funds
50,669 
38,283 
For the year ending 30 May 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 18 November 2023 and were signed on its behalf by
Chinedu Osaheni EVBUOMWAN Director Company Registration No. 10750725
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NEW AGE LETTINGS LIMITED Notes to the Accounts for the year ended 30 May 2023
1
Statutory information
NEW AGE LETTINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10750725. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, ENGLAND.
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:
Fixtures & fittings
20%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 May 2022
14,671 
- 
14,671 
Additions
- 
2,668 
2,668 
At 30 May 2023
14,671 
2,668 
17,339 
Depreciation
At 31 May 2022
8,643 
- 
8,643 
Charge for the year
1,205 
533 
1,738 
At 30 May 2023
9,848 
533 
10,381 
Net book value
At 30 May 2023
4,823 
2,135 
6,958 
At 30 May 2022
6,028 
- 
6,028 
5
Investments
Other investments 
£ 
Valuation at 31 May 2022
40,000 
Valuation at 30 May 2023
40,000 
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NEW AGE LETTINGS LIMITED Notes to the Accounts for the year ended 30 May 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
105,949 
73,836 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,829 
14,287 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,603 
45,853 
Obligations under finance leases and hire purchase contracts
2,010 
- 
Loans from directors
70,073 
24,170 
104,686 
70,023 
9
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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