Company Registration No. 13641827 (England and Wales)
MS NEWPORT LTD
Unaudited accounts
for the year ended 30 September 2023
MS NEWPORT LTD
Unaudited accounts
Contents
MS NEWPORT LTD
Company Information
for the year ended 30 September 2023
Director
SHAFIQUE, Mohammad
Company Number
13641827 (England and Wales)
Registered Office
65 CORPORATION ROAD
NEWPORT
NP19 0AY
WALES
Accountants
XEN ACCOUNTANTS LTD
102 A COMMERCIAL STREET
NEWPORT
NP20 1LU
MS NEWPORT LTD
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
2,945
Creditors: amounts falling due within one year
(110,162)
Total assets less current liabilities
25,395
Creditors: amounts falling due after more than one year
(27,410)
Profit and loss account
(2,016)
Shareholders' funds
(2,015)
For the year ending 30 September 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 1 March 2024 and were signed on its behalf by
SHAFIQUE, Mohammad
Director
Company Registration No. 13641827
MS NEWPORT LTD
Notes to the Accounts
for the year ended 30 September 2023
MS NEWPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 13641827. The registered office is 65 CORPORATION ROAD, NEWPORT, NP19 0AY, WALES.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
15% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Tangible fixed assets
Plant & machinery
At 30 September 2023
28,000
At 30 September 2023
8,400
At 30 September 2023
19,600
Amounts falling due within one year
MS NEWPORT LTD
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
752
Loans from directors
97,782
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Creditors: amounts falling due after more than one year
2023
Obligations under finance leases and hire purchase contracts
27,116
Taxes and social security
294
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Average number of employees
During the year the average number of employees was 1.