2 false false false false false false false false false true false false false false false false No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2021 - FRS102_2021 1 1 1 xbrli:pure xbrli:shares iso4217:GBP 13003718 2022-12-01 2023-11-30 13003718 2023-11-30 13003718 2021-12-01 2022-11-30 13003718 2022-11-30 13003718 bus:Director2 2022-12-01 2023-11-30 13003718 core:WithinOneYear 2023-11-30 13003718 core:WithinOneYear 2022-11-30 13003718 core:ShareCapital 2023-11-30 13003718 core:ShareCapital 2022-11-30 13003718 core:RetainedEarningsAccumulatedLosses 2023-11-30 13003718 core:RetainedEarningsAccumulatedLosses 2022-11-30 13003718 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 13003718 core:Non-currentFinancialInstruments 2023-11-30 13003718 core:Non-currentFinancialInstruments 2022-11-30 13003718 bus:SmallEntities 2022-12-01 2023-11-30 13003718 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13003718 bus:FullAccounts 2022-12-01 2023-11-30 13003718 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13003718 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
COMPANY REGISTRATION NUMBER: 13003718
Newline Property (Commercial) Limited
Filleted Unaudited Financial Statements
30 November 2023
Newline Property (Commercial) Limited
Statement of Financial Position
30 November 2023
2023
2022
Note
£
£
Fixed assets
Investments
5
1
1
Current assets
Cash at bank and in hand
77,269
41,009
Creditors: amounts falling due within one year
6
( 9,932)
( 4,568)
----------
----------
Net current assets
67,337
36,441
----------
----------
Total assets less current liabilities
67,338
36,442
----------
----------
Net assets
67,338
36,442
----------
----------
Capital and reserves
Called up share capital
1
1
Profit and loss account
67,337
36,441
----------
----------
Shareholder funds
67,338
36,442
----------
----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 26 March 2024 , and are signed on behalf of the board by:
Mrs K T Travis
Director
Company registration number: 13003718
Newline Property (Commercial) Limited
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Westage Lane, Great Budworth, Northwich, Cheshire, CW9 6HJ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 1 ).
5. Investments
Loans to group undertakings
£
Cost
At 1 December 2022 and 30 November 2023
1
----------
Impairment
At 1 December 2022 and 30 November 2023
----------
Carrying amount
At 30 November 2023
1
----------
At 30 November 2022
1
----------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
8,667
3,651
Other creditors
1,265
917
----------
----------
9,932
4,568
----------
----------
7. Controlling party
The ultimate parent undertaking is Newline Property Limited, a company registered in the United Kingdom.