Registered Number:09866119 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2023
Newavon Arms Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Newavon Arms Limited
Statement of Financial Position
2022
2023
8,598
12,897
2
Property, plant and equipment |
24,527
27,491
3
33,125
40,388
59,104
60,202
4
15,473
Cash and cash equivalents |
5,116
65,318
74,577
Trade and other payables: amounts falling due within one |
year |
(96,568)
(115,643)
5
(21,991)
(50,325)
Net current liabilities
Total assets less current liabilities |
(17,200)
18,397
Trade and other payables: amounts falling due after more |
than one year |
(41,710)
(26,436)
6
(43,636)
Net liabilities
(23,313)
1
1
(43,637)
(23,314)
(43,636)
(23,313)
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 02 July 2024 and were signed by: |
The notes form part of these financial statements |
1 of 4
For the year ended 31 December 2023
Newavon Arms Limited
Notes to the Financial Statements
Statutory Information
Newavon Arms Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 09866119. |
16 Moor Grove
Lawrence Weston
Bristol
BS11 0LR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant & Machinery 25% reducing balance. |
2. Intangible fixed assets |
Goodwill
42,990
42,990
30,093
4,299
Charge for year
34,392
8,598
12,897
2 of 4
For the year ended 31 December 2023
Newavon Arms Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
61,535
3,908
65,443
Provision for depreciation and impairment |
34,044
Charge for year
6,872
40,916
24,527
27,491
2022
2023
60,202
59,104
5. Trade and other payables: amounts falling due within one year |
2022
2023
10,000
10,000
10,456
8,714
Taxation and social security |
27,949
13,955
67,238
63,899
115,643
96,568
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
15,000
25,000
11,436
16,710
26,436
41,710
3 of 4
For the year ended 31 December 2023
Newavon Arms Limited
Notes to the Financial Statements Continued
7. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 2)
4 of 4