Company Registration No. 11456659 (England and Wales)
NEWARKSHOP LTD
Unaudited accounts
for the year ended 31 July 2023
NEWARKSHOP LTD
Unaudited accounts
Contents
NEWARKSHOP LTD
Company Information
for the year ended 31 July 2023
Director
KLISONIENE Jurgita
Company Number
11456659 (England and Wales)
Registered Office
21-23 SLEAFORD ROAD
NEWARK
NG24 1NF
UNITED KINGDOM
Accountants
R&S Activity Limited
9-17 Eastern Road
Queens Court
Romford
United Kingdom
RM1 3NH
NEWARKSHOP LTD
Statement of financial position
as at 31 July 2023
Tangible assets
6,616
15,166
Cash at bank and in hand
38,722
42,136
Creditors: amounts falling due within one year
(38,514)
(43,491)
Net current assets
8,021
9,831
Total assets less current liabilities
14,637
24,997
Creditors: amounts falling due after more than one year
(11,000)
(17,000)
Called up share capital
10
10
Profit and loss account
3,627
7,987
Shareholders' funds
3,637
7,997
For the year ending 31 July 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 13 April 2024 and were signed on its behalf by
KLISONIENE Jurgita
Director
Company Registration No. 11456659
NEWARKSHOP LTD
Notes to the Accounts
for the year ended 31 July 2023
NEWARKSHOP LTD is a private company, limited by shares, registered in England and Wales, registration number 11456659. The registered office is 21-23 SLEAFORD ROAD, NEWARK, NG24 1NF, UNITED KINGDOM.
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.
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.
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:
Fixtures & fittings
25%-33.33%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2022
7,102
30,110
26,545
703
64,460
At 31 July 2023
7,102
30,110
26,545
703
64,460
At 1 August 2022
6,862
15,891
26,147
394
49,294
Charge for the year
240
7,735
398
177
8,550
At 31 July 2023
7,102
23,626
26,545
571
57,844
At 31 July 2023
-
6,484
-
132
6,616
At 31 July 2022
240
14,219
398
309
15,166
NEWARKSHOP LTD
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
2,625
2,625
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
6,000
Taxes and social security
395
261
Proposed dividends
4,000
-
Other creditors
5,889
7,463
Loans from directors
22,230
28,137
7
Creditors: amounts falling due after more than one year
2023
2022
Bounce back loan received for 5 years
8
Average number of employees
During the year the average number of employees was 9 (2022: 11).