2022-06-01 02359374 2023-05-31 02359374 2022-06-01 2023-05-31 02359374 2022-05-31 02359374 2021-06-01 2022-05-31 02359374 uk-core:WithinOneYear 2022-05-31 02359374 uk-core:WithinOneYear 2023-05-31 02359374 uk-core:ShareCapital 2023-05-31 02359374 uk-core:ShareCapital 2022-05-31 02359374 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 02359374 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 02359374 uk-bus:Director1 2022-06-01 2023-05-31 02359374 uk-core:WithinOneYear uk-core:Secured 2023-05-31 02359374 uk-core:WithinOneYear uk-core:Secured 2022-05-31 02359374 uk-core:WithinOneYear 2023-05-31 02359374 uk-core:WithinOneYear 2022-05-31 iso4217:GBP xbrli:pure 02359374 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 02359374 uk-bus:FRS102 2022-06-01 2023-05-31 02359374 uk-bus:FullAccounts 2022-06-01 2023-05-31 02359374 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Draft
Newfield Automation Limited
Registered Number:02359374
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 May 2023
Newfield Automation Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
02359374
As at 31 May 2023
Newfield Automation Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
9,902
362
2
9,902
362
Current assets
Inventories
304,849
38,409
3
Trade and other receivables
525,970
607,213
4
-
Cash and cash equivalents
122,893
768,515
830,819
Trade and other payables: amounts falling due within one
year
(818,273)
(744,125)
5
12,546
24,390
Net current assets
Total assets less current liabilities
34,292
12,908
34,292
Net assets
12,908
Capital and reserves
Called up share capital
20,051
20,051
Retained earnings
14,241
(7,143)
34,292
12,908
Shareholders' funds
For the year ended 31 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Miss Jolene Meacham Director
These financial statements were approved and authorised for issue by the Board on 09 August 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
Draft
For the year ended 31 May 2023
Newfield Automation Limited
Notes to the Financial Statements
Statutory Information
Newfield Automation Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 02359374.
Registered address:
Newfield House
Brook Lane Astbury
Congleton
Cheshire
CW12 4TJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 June 2022
232,586
13,198
Additions
Disposals
(6,750)
At 31 May 2023
239,034
Provision for depreciation and impairment
At 01 June 2022
232,224
Charge for year
3,657
(6,749)
On disposal
At 31 May 2023
229,132
At 31 May 2023
Net book value
9,902
At 31 May 2022
362
3. Inventories
2022
2023
£
£
Stocks
38,409
304,849
2 of 3
5
Draft
For the year ended 31 May 2023
Newfield Automation Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Trade debtors
605,080
525,711
Other debtors
2,133
259
525,970
607,213
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
120,000
160,000
Bank loans and overdraft
-
18,791
Trade creditors
59,654
83,090
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
-
126,000
Taxation and social security
35,222
75,693
Other creditors
529,249
354,699
744,125
818,273
6. Average number of persons employed
During the year the average number of employees was 18 (2022 : 18)
3 of 3