NEW LAND OPTIONS LIMITED

Company Registration Number:
11030492 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

NEW LAND OPTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

NEW LAND OPTIONS LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 45,000 0
Tangible assets: 4 634,248 238
Total fixed assets: 679,248 238
Current assets
Stocks: 441,336 160,500
Debtors:   47,532 7,786
Cash at bank and in hand: 101,273 52,575
Total current assets: 590,141 220,861
Creditors: amounts falling due within one year:   (1,186,119) (175,082)
Net current assets (liabilities): (595,978) 45,779
Total assets less current liabilities: 83,270 46,017
Total net assets (liabilities): 83,270 46,017
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 83,170 45,917
Shareholders funds: 83,270 46,017

The notes form part of these financial statements

NEW LAND OPTIONS LIMITED

Balance sheet statements

For the year ending 31 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 April 2024
and signed on behalf of the board by:

Name: L Rivers14
Status: Director

The notes form part of these financial statements

NEW LAND OPTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEW LAND OPTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 5 2

NEW LAND OPTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 0
Additions 50,000
At 31 October 2023 50,000
Amortisation
At 01 November 2022 0
Charge for year 5,000
At 31 October 2023 5,000
Net book value
At 31 October 2023 45,000
At 31 October 2022 0

NEW LAND OPTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 424
Additions 646,562
At 31 October 2023 646,986
Depreciation
At 01 November 2022 186
Charge for year 12,552
At 31 October 2023 12,738
Net book value
At 31 October 2023 634,248
At 31 October 2022 238

NEW LAND OPTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Related party transactions

Name of the related party: Rivers Building and Design Limited
Relationship:
Company under common control via shareholding
Description of the Transaction: Intercompany loan from Rivers Building and Design Limited to New Land Options Limited
£
Balance at 01 November 2022 5,718
Balance at 31 October 2023 222,109