Company Registration No. 12934890 (England and Wales)
New Age Boiler Installations Limited
Unaudited accounts
for the year ended 31 October 2023
New Age Boiler Installations Limited
Unaudited accounts
Contents
New Age Boiler Installations Limited
Company Information
for the year ended 31 October 2023
Company Number
12934890 (England and Wales)
Registered Office
52 MANOR FARM ROAD
SOUTHAMPTON
HAMPSHIRE
SO18 1NQ
UNITED KINGDOM
New Age Boiler Installations Limited
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
2,104
(344)
Creditors: amounts falling due within one year
(7,232)
(4,575)
Net current assets
229
249
Called up share capital
100
100
Profit and loss account
414
235
Shareholders' funds
514
335
For the year ending 31 October 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 27 July 2024 and were signed on its behalf by
Mr A Bortier
Director
Company Registration No. 12934890
New Age Boiler Installations Limited
Notes to the Accounts
for the year ended 31 October 2023
New Age Boiler Installations Limited is a private company, limited by shares, registered in England and Wales, registration number 12934890. The registered office is 52 MANOR FARM ROAD, SOUTHAMPTON, HAMPSHIRE, SO18 1NQ, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% Reducing balance
Computer equipment
33% Straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
-
216
216
At 31 October 2023
363
216
579
At 1 November 2022
-
130
130
Charge for the year
91
73
164
At 31 October 2023
91
203
294
At 31 October 2023
272
13
285
At 31 October 2022
-
86
86
New Age Boiler Installations Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
10,563
5,556
Loans from directors
(18,700)
(6,973)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advance
6,973
48,351
36,624
18,700
6,973
48,351
36,624
18,700
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Average number of employees
During the year the average number of employees was 1 (2022: 1).