Company Registration No. 10517253 (England and Wales)
New Embassy Ltd
Unaudited accounts
for the period from 1 January 2022 to 31 December 2023
New Embassy Ltd
Unaudited accounts
Contents
New Embassy Ltd
Company Information
for the period from 1 January 2022 to 31 December 2023
Company Number
10517253 (England and Wales)
Registered Office
Embassy News
16 Notting Hill Gate
London
London
W11 3JE
England
Accountants
SAMI & CO ACCOUNTANTS
48 BILTON ROAD
PERIVALE
MIDDLESEX
UB6 7DH
New Embassy Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
3,689
4,610
Cash at bank and in hand
271,338
252,549
Creditors: amounts falling due within one year
(37,773)
(23,452)
Net current assets
299,235
231,768
Total assets less current liabilities
302,924
236,378
Creditors: amounts falling due after more than one year
(164,196)
(164,196)
Called up share capital
100
100
Profit and loss account
138,628
72,082
Shareholders' funds
138,728
72,182
For the period ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
RUHULLAH NOORZAI
Director
Company Registration No. 10517253
New Embassy Ltd
Notes to the Accounts
for the period from 1 January 2022 to 31 December 2023
New Embassy Ltd is a private company, limited by shares, registered in England and Wales, registration number 10517253. The registered office is Embassy News, 16 Notting Hill Gate, London, London, W11 3JE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
8,500
9,000
17,500
At 31 December 2023
8,500
9,000
17,500
At 1 January 2022
6,272
6,618
12,890
Charge for the period
445
476
921
At 31 December 2023
6,717
7,094
13,811
At 31 December 2023
1,783
1,906
3,689
At 31 December 2021
2,228
2,382
4,610
New Embassy Ltd
Notes to the Accounts
for the period from 1 January 2022 to 31 December 2023
5
Creditors: amounts falling due within one year
2023
2021
Trade creditors
5,800
7,150
Taxes and social security
25,325
11,802
Other creditors
1,500
4,500
Loans from directors
2,358
-
6
Creditors: amounts falling due after more than one year
2023
2021
Bank loans
164,196
164,196
7
Average number of employees
During the period the average number of employees was 4 (2021: 4).