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REGISTERED NUMBER: 06538355 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

NEWMAN SOFTWARE LTD

NEWMAN SOFTWARE LTD (REGISTERED NUMBER: 06538355)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NEWMAN SOFTWARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: P J Newman
D J Saunders
M A Friend





SECRETARIES: P J Newman
C J Saunders





REGISTERED OFFICE: Bryant House
Bryant Road
Strood
Rochester
Kent
ME2 3EW





REGISTERED NUMBER: 06538355 (England and Wales)





ACCOUNTANTS: Friend & Grant Ltd
Bryant House
Bryant Road
Strood
Rochester
Kent
ME2 3EW

NEWMAN SOFTWARE LTD (REGISTERED NUMBER: 06538355)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 5 990,001 990,096

CURRENT ASSETS
Debtors 6 123,743 88,189
Cash at bank 2,346 9,125
126,089 97,314
CREDITORS
Amounts falling due within one year 7 380 528
NET CURRENT ASSETS 125,709 96,786
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,115,710

1,086,882

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 124,750 124,750
Retained earnings 989,960 961,132
SHAREHOLDERS' FUNDS 1,115,710 1,086,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:



D J Saunders - Director


NEWMAN SOFTWARE LTD (REGISTERED NUMBER: 06538355)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Newman Software 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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 presentation and disclosure requirements of Section 1A applicable to small companies, and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 3 ) .

NEWMAN SOFTWARE LTD (REGISTERED NUMBER: 06538355)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 December 2022 990,096
Disposals (95 )
At 30 November 2023 990,001
NET BOOK VALUE
At 30 November 2023 990,001
At 30 November 2022 990,096

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 123,743 88,189

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 102 250
Other creditors 278 278
380 528

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
P J Newman
Balance outstanding at start of year 86,257 (4,529 )
Amounts advanced 18,298 100,058
Amounts repaid (11,452 ) (9,272 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 93,103 86,257

NEWMAN SOFTWARE LTD (REGISTERED NUMBER: 06538355)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

D J Saunders
Balance outstanding at start of year 1,462 -
Amounts advanced 792 1,462
Amounts repaid (893 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,361 1,462

M A Friend
Balance outstanding at start of year (183 ) (183 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (183 ) (183 )

The loan from the director, M A Friend, to the company, is unsecured, interest free and repayable on demand.

The loan from the company to the director, D J Saunders, is unsecured, interest free and repayable on demand.

The loan from the company to the director, P J Newman, is unsecured and repayable on demand. Interest has been charged at the official HMRC rate of 2.25%.