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REGISTERED NUMBER: 11184868 (England and Wales)















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

New Chapter Property Consultants Ltd

New Chapter Property Consultants Ltd (Registered number: 11184868)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


New Chapter Property Consultants Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: J L Ryder-Smith





REGISTERED OFFICE: 11 The Crossing
Kingswinford
West Midlands
DY6 7AL





REGISTERED NUMBER: 11184868 (England and Wales)





ACCOUNTANTS: Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswinford
West Midlands
DY6 8BQ

New Chapter Property Consultants Ltd (Registered number: 11184868)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10 21

CURRENT ASSETS
Debtors 5 686 3,862
Cash at bank - 1,152
686 5,014
CREDITORS
Amounts falling due within one year 6 25,453 15,832
NET CURRENT LIABILITIES (24,767 ) (10,818 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(24,757

)

(10,797

)

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 (24,758 ) (10,798 )
SHAREHOLDERS' FUNDS (24,757 ) (10,797 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2024 and were signed by:





J L Ryder-Smith - Director


New Chapter Property Consultants Ltd (Registered number: 11184868)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

New Chapter Property Consultants Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 50% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

New Chapter Property Consultants Ltd (Registered number: 11184868)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023
and 29 February 2024 671
DEPRECIATION
At 1 March 2023 650
Charge for year 11
At 29 February 2024 661
NET BOOK VALUE
At 29 February 2024 10
At 28 February 2023 21

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Directors' current accounts - 3,862
VAT 686 -
686 3,862

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 23,815 11,705
Trade creditors 144 126
Tax 990 1,544
VAT - 2,067
Directors' current accounts 51 -
Accrued expenses 453 390
25,453 15,832

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
1 Ordinary £1 1 1

New Chapter Property Consultants Ltd (Registered number: 11184868)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. RESERVES
Retained
earnings
£   

At 1 March 2023 (10,798 )
Deficit for the year (2,460 )
Dividends (11,500 )
At 29 February 2024 (24,758 )

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J L Ryder-Smith.