Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30true2true22022-12-01falseBuying and selling propertyThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08796428 2022-12-01 2023-11-30 08796428 2021-12-01 2022-11-30 08796428 2023-11-30 08796428 2022-11-30 08796428 c:Director1 2022-12-01 2023-11-30 08796428 d:LeaseholdInvestmentProperty 2023-11-30 08796428 d:LeaseholdInvestmentProperty 2022-11-30 08796428 d:CurrentFinancialInstruments 2023-11-30 08796428 d:CurrentFinancialInstruments 2022-11-30 08796428 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08796428 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08796428 d:ShareCapital 2023-11-30 08796428 d:ShareCapital 2022-11-30 08796428 d:RetainedEarningsAccumulatedLosses 2023-11-30 08796428 d:RetainedEarningsAccumulatedLosses 2022-11-30 08796428 c:OrdinaryShareClass1 2022-12-01 2023-11-30 08796428 c:OrdinaryShareClass1 2023-11-30 08796428 c:FRS102 2022-12-01 2023-11-30 08796428 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08796428 c:FullAccounts 2022-12-01 2023-11-30 08796428 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08796428 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08796428














THE NEWBY ORGANISATION LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 NOVEMBER 2023

 
THE NEWBY ORGANISATION LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
THE NEWBY ORGANISATION LIMITED
REGISTERED NUMBER:08796428

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
134,373
134,373

  
134,373
134,373

Current assets
  

Debtors: amounts falling due within one year
 5 
-
1,361

Bank and cash balances
  
14,134
19,724

  
14,134
21,085

Creditors: amounts falling due within one year
 6 
(131,697)
(131,278)

Net current liabilities
  
 
 
(117,563)
 
 
(110,193)

Total assets less current liabilities
  
16,810
24,180

  

Net assets
  
16,810
24,180


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
16,808
24,178

  
16,810
24,180


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 August 2024.




Page 1

 
THE NEWBY ORGANISATION LIMITED
REGISTERED NUMBER:08796428
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

P Hughes
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
THE NEWBY ORGANISATION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

The Newby Organisation Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company was that of buying and selling property.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of property sold during the year and rents receivable, exclusive of value added tax and trade discounts. 

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

Page 3

 
THE NEWBY ORGANISATION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Investment property


Short term leasehold investment property

£



Valuation


At 1 December 2022
134,373



At 30 November 2023
134,373

The 2023 valuations were made by the director, on an open market value for existing use basis.





5.


Debtors

2023
2022
£
£


Other debtors
-
1,361



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
129,297
129,058

Accruals and deferred income
2,400
2,220

131,697
131,278


Page 4

 
THE NEWBY ORGANISATION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1 each
2
2


 
Page 5