2023-03-01 11111354 2024-04-23 11111354 2023-03-01 2024-04-23 11111354 2023-02-28 11111354 2022-03-01 2023-02-28 11111354 uk-core:WithinOneYear 2023-02-28 11111354 uk-core:WithinOneYear 2024-04-23 11111354 uk-core:ShareCapital 2024-04-23 11111354 uk-core:ShareCapital 2023-02-28 11111354 uk-core:RetainedEarningsAccumulatedLosses 2024-04-23 11111354 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 11111354 uk-bus:Director1 2023-03-01 2024-04-23 11111354 uk-core:PlantMachinery 2023-03-01 2024-04-23 11111354 uk-core:CommercialMotorVehicles 2023-03-01 2024-04-23 11111354 uk-core:FurnitureFittings 2023-03-01 2024-04-23 11111354 uk-core:CommercialMotorVehicles 2023-02-28 11111354 uk-core:PlantMachinery 2023-02-28 11111354 uk-core:PlantMachinery 2024-04-23 11111354 uk-core:CommercialMotorVehicles 2024-04-23 iso4217:GBP xbrli:pure 11111354 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-04-23 11111354 uk-bus:FRS102 2023-03-01 2024-04-23 11111354 uk-bus:FilletedAccounts 2023-03-01 2024-04-23 11111354 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-04-23
New Life Garments Ltd
Registered Number:11111354
For the period ended 23 April 2024
England and Wales
Unaudited Financial Statements
2
For the period ended 23 April 2024
New Life Garments Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11111354
As at 23 April 2024
New Life Garments Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,006
17,203
2
4,006
17,203
Current assets
Inventories
7,226
-
3
Trade and other receivables
44,869
5,180
4
39,239
Cash and cash equivalents
40,980
46,160
91,334
Trade and other payables: amounts falling due within one year
(12,136)
(38,537)
5
79,198
7,623
Net current assets
Total assets less current liabilities
11,629
96,401
11,629
Net assets
96,401
Capital and reserves
Called up share capital
100
100
Retained earnings
11,529
96,301
11,629
96,401
Shareholders' funds
For the period ended 23 April 2024 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 period ended 23 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
Kerry Kidd Director
These financial statements were approved and authorised for issue by the Board on 29 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the period ended 23 April 2024
New Life Garments Ltd
Notes to the Financial Statements
Statutory Information
New Life Garments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 11111354.
Registered address:
Unit 7 Gateway Court
Parkgate
Rotherham
S62 6LH
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.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Straight line
25% Straight line
Motor Vehicles
20% Straight line
Furniture and Fittings
2. Property, plant and equipment
Total
Motor Vehicles
Plant and
Machinery
£
£
£
Cost or valuation
At 01 March 2023
62,292
26,975
35,317
1,369
-
1,369
Additions
(8,700)
-
Disposals
(8,700)
At 23 April 2024
36,686
18,275
54,961
Provision for depreciation and impairment
At 01 March 2023
45,089
15,881
29,208
Charge for period
8,041
4,264
3,777
(2,175)
(2,175)
-
On disposal
At 23 April 2024
50,955
17,970
32,985
At 23 April 2024
Net book value
3,701
305
4,006
At 28 February 2023
6,109
11,094
17,203
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5
For the period ended 23 April 2024
New Life Garments Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
-
7,226
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
44,869
Other debtors
5,180
-
44,869
5,180
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
18,120
-
Taxation and social security
4,417
4,236
Other creditors
16,000
7,900
38,537
12,136
6. Average number of persons employed
During the year the average number of employees was 10 (2023 : 10)
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