NEWPORT H LIMITED

Company Registration Number:
04211588 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

NEWPORT H LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NEWPORT H LIMITED

Company Information

for the Period Ended 31 May 2023




Director: DEWI JAMES
Secretary: COLIN SPENCE
Registered office: Cribau Mill
Llanvair Discoed
Chepstow
GB-WLS
NP16 6LN
Company Registration Number: 04211588 (England and Wales)

NEWPORT H LIMITED

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Additional information

No Dividend was paid

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
DEWI JAMES

Secretary
COLIN SPENCE

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: DEWI JAMES
Status: Director

NEWPORT H LIMITED

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 8,818 8,688
Gross Profit or (Loss) 8,818 8,688
Administrative Expenses ( 40,092 ) ( 35,096 )
Operating Profit or (Loss) ( 31,274 ) ( 26,408 )
Interest Receivable and Similar Income 9,290 173
Profit or (Loss) Before Tax ( 21,984 ) ( 26,235 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 21,984 ) ( 26,235 )

The notes form part of these financial statements

NEWPORT H LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 570,521 547,989
Total fixed assets: 570,521 547,989
Current assets
Debtors: 5 10,000 10,000
Cash at bank and in hand: 1,500,780 1,545,296
Total current assets: 1,510,780 1,555,296
Net current assets (liabilities): 1,510,780 1,555,296
Total assets less current liabilities: 2,081,301 2,103,285
Total net assets (liabilities): 2,081,301 2,103,285

The notes form part of these financial statements

NEWPORT H LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 2,081,299 2,103,283
Shareholders funds: 2,081,301 2,103,285

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: DEWI JAMES
Status: Director

The notes form part of these financial statements

NEWPORT H LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEWPORT H LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

NEWPORT H LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

NEWPORT H LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Land & buildings Plant & machinery Total
Cost £ £ £
At 01 June 2022 510,939 43,588 554,527
Additions 0 34,200 34,200
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 May 2023 510,939 77,788 588,727
Depreciation
At 01 June 2022 - 6,538 6,538
Charge for year - 11,668 11,668
On disposals - - -
Other adjustments - - -
At 31 May 2023 - 18,206 18,206
Net book value
At 31 May 2023 510,939 59,582 570,521
At 31 May 2022 510,939 37,050 547,989

Depreciation on plant and machinery is at 15% per year including the year of acquisition

NEWPORT H LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£

2022
£
Trade debtors 10,000 10,000
Total 10,000 10,000