NEUERA PACKAGING LTD

Company Registration Number:
08885743 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

NEUERA PACKAGING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

NEUERA PACKAGING LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 43,902 0
Total fixed assets: 43,902 0
Current assets
Stocks: 29,393 26,642
Debtors:   75,230 74,299
Cash at bank and in hand: 364,822 299,759
Total current assets: 469,445 400,700
Creditors: amounts falling due within one year:   (194,402) (74,244)
Net current assets (liabilities): 275,043 326,456
Total assets less current liabilities: 318,945 326,456
Total net assets (liabilities): 318,945 326,456
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 318,845 326,356
Shareholders funds: 318,945 326,456

The notes form part of these financial statements

NEUERA PACKAGING LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 September 2024
and signed on behalf of the board by:

Name: Mr Cheng Ann Tan
Status: Director

The notes form part of these financial statements

NEUERA PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible fixed assets and depreciation policy

Intangible and tangible fixed assets are stated at cost less depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset evenly over their estimated useful life as follow Motor vehicle 20 percent straight line

Other accounting policies

Stock Stocks are measured at the lower of cost and selling price less cost to complete and sell. Cost is calculated on a first in, first out basis and includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. Debtors Short term debtors are measured at transaction price, less any impairment. Creditors Short term trade creditors are measured at the transaction price. Other financial liabilities are measured at fair value, net of transaction costs. Foreign currency translation Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

NEUERA PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

NEUERA PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 0
Additions 48,780
At 31 December 2023 48,780
Depreciation
At 01 January 2023 0
Charge for year 4,878
At 31 December 2023 4,878
Net book value
At 31 December 2023 43,902
At 31 December 2022 0