New Love Limited 06340708 Retail of Womens Fashions false 1 July 2022 06340708 2022-07-01 2023-06-30 06340708 2022-06-30 06340708 2023-06-30 06340708 2021-07-01 2022-06-30 06340708 2021-06-30 06340708 2022-06-30 06340708 frs102-bus:FRS102 2022-07-01 2023-06-30 06340708 frs102-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06340708 frs102-bus:FullAccounts 2022-07-01 2023-06-30 06340708 frs102-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 06340708 frs102-core:CurrentFinancialInstruments 2023-06-30 06340708 frs102-core:CurrentFinancialInstruments 2022-06-30 06340708 frs102-core:Non-currentFinancialInstruments 2023-06-30 06340708 frs102-core:Non-currentFinancialInstruments 2022-06-30 06340708 frs102-core:ShareCapital 2023-06-30 06340708 frs102-core:ShareCapital 2022-06-30 06340708 frs102-core:RetainedEarningsAccumulatedLosses 2023-06-30 06340708 frs102-core:RetainedEarningsAccumulatedLosses 2022-06-30 06340708 frs102-bus:Director1 2022-07-01 2023-06-30 06340708 frs102-bus:OrdinaryShareClass1 2023-06-30 06340708 frs102-bus:OrdinaryShareClass1 2022-06-30 06340708 frs102-bus:OrdinaryShareClass1 2022-07-01 2023-06-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
06340708
New Love Limited
Unaudited Accounts
for the year ended
30 June 2023
New Love Limited
Balance Sheet
as at 30 June 2023
Notes
2023
£
2022
£
Current assets
Stocks 23,163 24,118
Cash at bank and in hand 68,647 48,298
91,810 72,416
Prepayments and accrued income: 9,359 8,242
Creditors: amounts falling due within one year (49,333) (35,597)
Net current assets / (liabilities) 51,836 45,061
Total assets less current liabilities 51,836 45,061
Creditors: amounts falling due after more than one year (32,919) (38,390)
Provisions for liabilities (840) (840)
Accruals and deferred income (2,913) (2,613)
Total net assets (liabilities) 15,164 3,218
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 15,162 3,216
Shareholders' funds 15,164 3,218

New Love Limited
Balance Sheet
as at 30 June 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 June 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.

Signed on behalf of the board of directors

...............................

Mrs A Joseph

Director


Approved by the board on 19 March 2024

Company Number: 06340708 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

193a Ashley Road
Hale
Altrincham
Cheshire
WA15 9SQ

New Love Limited
Notes to the Accounts
for the year ended 30 June 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
2. Employees
2023 2022
Average number of employees during the period 4 4

3. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
2 (2022: 2) Ordinary shares of £1.00 each 2 2
2 2