Company Registration No. 07737259 (England and Wales)
NEWFIELDS ENTERPRISE LIMITED
Unaudited accounts
for the year ended 31 August 2023
NEWFIELDS ENTERPRISE LIMITED
Unaudited accounts
Contents
NEWFIELDS ENTERPRISE LIMITED
Company Information
for the year ended 31 August 2023
Directors
MRS M BILLARD
MRS A STEER
C BILLARD
Company Number
07737259 (England and Wales)
Registered Office
NEWFIELDS ENTERPRISE LTD PEVERIL ROAD
ECKINGTON
SHEFFIELD
DERBYSHIRE
S21 4EW
NEWFIELDS ENTERPRISE LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
38,518
31,398
Cash at bank and in hand
149,207
140,232
Creditors: amounts falling due within one year
(27,019)
(25,482)
Net current assets
175,483
166,218
Net assets
214,001
197,616
Called up share capital
2
2
Profit and loss account
213,999
197,614
Shareholders' funds
214,001
197,616
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 8 December 2023 and were signed on its behalf by
MRS M BILLARD
Director
Company Registration No. 07737259
NEWFIELDS ENTERPRISE LIMITED
Notes to the Accounts
for the year ended 31 August 2023
NEWFIELDS ENTERPRISE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07737259. The registered office is NEWFIELDS ENTERPRISE LTD PEVERIL ROAD, ECKINGTON, SHEFFIELD, DERBYSHIRE, S21 4EW.
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:
Motor vehicles
20% reducing balance basis
Fixtures & fittings
20% reducing balance basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
40,549
27,718
68,267
Disposals
(8,195)
-
(8,195)
At 31 August 2023
54,349
27,718
82,067
At 1 September 2022
11,532
25,337
36,869
Charge for the year
9,154
476
9,630
On disposals
(2,950)
-
(2,950)
At 31 August 2023
17,736
25,813
43,549
At 31 August 2023
36,613
1,905
38,518
At 31 August 2022
29,017
2,381
31,398
NEWFIELDS ENTERPRISE LIMITED
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
53,295
51,468
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
22,285
21,406
Other creditors
4,734
4,076
7
Average number of employees
During the year the average number of employees was 17 (2022: 16).