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Company Registration No. 10640804 (England and Wales)
Newdeen Properties Ltd Unaudited accounts for the year ended 29 February 2024
Newdeen Properties Ltd Unaudited accounts Contents
Page
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Newdeen Properties Ltd Company Information for the year ended 29 February 2024
Director
Mr Richard Slade
Company Number
10640804 (England and Wales)
Registered Office
35 Barton Road Stretford Manchester M32 9FA ENGLAND
Accountants
Premier Accounts & Consultancy Ltd 76 Gloucester Road Urmston Manchester M41 9AE
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Newdeen Properties Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
386,000 
386,000 
Current assets
Debtors
3,020 
1,225 
Cash at bank and in hand
5,255 
6,365 
8,275 
7,590 
Creditors: amounts falling due within one year
(53,135)
(138,083)
Net current liabilities
(44,860)
(130,493)
Total assets less current liabilities
341,140 
255,507 
Creditors: amounts falling due after more than one year
(327,336)
(250,173)
Net assets
13,804 
5,334 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,704 
5,234 
Shareholders' funds
13,804 
5,334 
For the year ending 29 February 2024 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 28 August 2024 and were signed on its behalf by
Mr Richard Slade Director Company Registration No. 10640804
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Newdeen Properties Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Newdeen Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10640804. The registered office is 35 Barton Road, Stretford, Manchester, M32 9FA, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
386,000 
At 29 February 2024
386,000 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
386,000 
At 28 February 2023
386,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,020 
1,225 
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Newdeen Properties Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
828 
461 
Taxes and social security
1,987 
1,227 
Other creditors
261 
1,069 
Loans from directors
47,039 
131,101 
Accruals
3,020 
4,225 
53,135 
138,083 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
316,686 
227,373 
Loans from directors
10,650 
22,800 
327,336 
250,173 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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