2023-01-01 09866119 2023-12-31 09866119 2023-01-01 2023-12-31 09866119 2022-12-31 09866119 2022-01-01 2022-12-31 09866119 uk-core:WithinOneYear 2022-12-31 09866119 uk-core:WithinOneYear 2023-12-31 09866119 uk-core:AfterOneYear 2022-12-31 09866119 uk-core:AfterOneYear 2023-12-31 09866119 uk-core:ShareCapital 2023-12-31 09866119 uk-core:ShareCapital 2022-12-31 09866119 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 09866119 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 09866119 uk-bus:Director1 2023-01-01 2023-12-31 09866119 uk-core:NetGoodwill 2023-01-01 2023-12-31 09866119 uk-core:Goodwill 2022-12-31 09866119 uk-core:Goodwill 2023-12-31 09866119 uk-core:Goodwill 2023-01-01 2023-12-31 09866119 uk-core:WithinOneYear 2023-12-31 09866119 uk-core:WithinOneYear 2022-12-31 09866119 uk-core:AfterOneYear uk-core:Secured 2023-12-31 09866119 uk-core:AfterOneYear uk-core:Secured 2022-12-31 iso4217:GBP xbrli:pure 09866119 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09866119 uk-bus:FRS102 2023-01-01 2023-12-31 09866119 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 09866119 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Newavon Arms Limited
Registered Number:09866119
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
09866119
As at 31 December 2023
Newavon Arms Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
8,598
12,897
2
Property, plant and equipment
24,527
27,491
3
33,125
40,388
Current assets
Inventories
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)
Capital and reserves
Called up share capital
1
1
Retained earnings
(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.
J Sivell Director
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
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.
Registered address:
16 Moor Grove
Lawrence Weston
Bristol
BS11 0LR
The presentation currency is £ sterling.
1. Accounting policies
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
Cost or valuation
£
At 01 January 2023
42,990
At 31 December 2023
42,990
Amortisation
At 01 January 2023
30,093
4,299
Charge for year
At 31 December 2023
34,392
Net book value
At 31 December 2023
8,598
At 31 December 2022
12,897
2 of 4
5
For the year ended 31 December 2023
Newavon Arms Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 January 2023
61,535
3,908
Additions
At 31 December 2023
65,443
Provision for depreciation and impairment
At 01 January 2023
34,044
Charge for year
6,872
At 31 December 2023
40,916
At 31 December 2023
Net book value
24,527
At 31 December 2022
27,491
4. Inventories
2022
2023
£
£
Stocks
60,202
59,104
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
10,000
10,000
Trade creditors
10,456
8,714
Taxation and social security
27,949
13,955
Other creditors
67,238
63,899
115,643
96,568
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
15,000
25,000
Other creditors
11,436
16,710
26,436
41,710
3 of 4
6
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