1 October 2022 false No description of principal activity Taxfiler 2023.14 13641827business:PrivateLimitedCompanyLtd2022-10-012023-09-30 136418272022-09-30 136418272022-10-012023-09-30 13641827business:AuditExemptWithAccountantsReport2022-10-012023-09-30 13641827business:FilletedAccounts2022-10-012023-09-30 136418272023-09-30 13641827business:Director12022-10-012023-09-30 13641827business:RegisteredOffice2022-10-012023-09-30 13641827core:WithinOneYear2023-09-30 13641827core:AfterOneYear2023-09-30 13641827core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 13641827core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 13641827core:PreviouslyStatedAmount2023-09-30 13641827business:SmallEntities2022-10-012023-09-30 13641827countries:EnglandWales2022-10-012023-09-30 13641827core:MotorVehicles2022-10-012023-09-30 13641827core:PlantMachinery2022-09-30 13641827core:PlantMachinery2023-09-30 13641827core:PlantMachinery2022-10-012023-09-30 iso4217:GBP xbrli:pure
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
Page
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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
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MS NEWPORT LTD Statement of financial position as at 30 September 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
19,600 
Current assets
Inventories
107,575 
Debtors
5,437 
Cash at bank and in hand
2,945 
115,957 
Creditors: amounts falling due within one year
(110,162)
Net current assets
5,795 
Total assets less current liabilities
25,395 
Creditors: amounts falling due after more than one year
(27,410)
Net liabilities
(2,015)
Capital and reserves
Called up share capital
1 
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
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MS NEWPORT LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2022
28,000 
At 30 September 2023
28,000 
Depreciation
At 1 October 2022
4,200 
Charge for the year
4,200 
At 30 September 2023
8,400 
Net book value
At 30 September 2023
19,600 
5
Debtors
2023 
£ 
Amounts falling due within one year
VAT
5,437 
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MS NEWPORT LTD Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
1,250 
Trade creditors
10,198 
Taxes and social security
752 
Loans from directors
97,782 
Accruals
180 
110,162 
7
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 
27,410 
8
Average number of employees
During the year the average number of employees was 1.
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