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REGISTRAR OF COMPANIES

Registration number: 08875255

Newstead Associates Limited

Unaudited Financial Statements

30 November 2023

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Newstead Associates Limited

Contents

Accountants' Report

1

Balance Sheet

2

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Newstead Associates Limited
for the Year Ended 30 November 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Newstead Associates Limited for the year ended 30 November 2023 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Newstead Associates Limited, as a body, in accordance with the terms of our engagement letter dated 6 January 2022. Our work has been undertaken solely to prepare for your approval the accounts of Newstead Associates Limited and state those matters that we have agreed to state to the Board of Directors of Newstead Associates Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Newstead Associates Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Newstead Associates Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Newstead Associates Limited. You consider that Newstead Associates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Newstead Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

10 April 2024

 

Newstead Associates Limited

(Registration number: 08875255)
Balance Sheet as at 30 November 2023

2023
£

2022
£

Fixed assets

 

-

2,522

Current assets

 

3,449

19,302

Creditors: Amounts falling due within one year

 

(1,204)

(1,554)

Net current assets

 

2,245

17,748

Total assets less current liabilities

 

2,245

20,270

Accruals and deferred income

 

(2,410)

(2,031)

   

(165)

18,239

Capital and reserves

 

(165)

18,239

 

Newstead Associates Limited

(Registration number: 08875255)
Balance Sheet as at 30 November 2023 (continued)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Houghton Road
CARLISLE
CA3 0LA

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

3

Related party transactions

Transactions with directors

2023

At 1 December 2022
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 30 November 2023
£

P C Newstead

Loan

2,971

176

-

(2,971)

-

176

             
         

V Newstead

Loan

2,971

175

-

(2,971)

-

175

             
         

 

 

Newstead Associates Limited

(Registration number: 08875255)
Balance Sheet as at 30 November 2023 (continued)

2022

At 1 December 2021
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 30 November 2022
£

P C Newstead

Loan

10,745

15,618

(12,465)

(11,000)

73

2,971

             
         

V Newstead

Loan

10,745

15,619

(12,465)

(11,000)

72

2,971

             
         

 

Directors' advances are repayable on demand.

Interest has not been charged on advances to directors.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 April 2024 and signed on its behalf by:
 

.........................................
P C Newstead
Director

.........................................
V Newstead
Director