Company Registration No. 10578261 (England and Wales)
New Sekai Ltd.
Unaudited accounts
for the year ended 31 January 2024
New Sekai Ltd.
Unaudited accounts
Contents
New Sekai Ltd.
Company Information
for the year ended 31 January 2024
Company Number
10578261 (England and Wales)
Registered Office
15 MORNINGTON AVENUE
ILFORD
IG1 3QT
UNITED KINGDOM
Accountants
Accountants4Less Limited
G1, 10 Cutter Lane
London
SE10 0XX
New Sekai Ltd.
Statement of financial position
as at 31 January 2024
Tangible assets
10,935
12,150
Inventories
122,291
109,327
Cash at bank and in hand
3,639
1,605
Creditors: amounts falling due within one year
(93,299)
(94,499)
Net current assets
32,631
16,433
Called up share capital
100
100
Profit and loss account
43,466
28,483
Shareholders' funds
43,566
28,583
For the year ending 31 January 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 30 September 2024 and were signed on its behalf by
Nabeel Ahmed
Director
Company Registration No. 10578261
New Sekai Ltd.
Notes to the Accounts
for the year ended 31 January 2024
New Sekai Ltd. is a private company, limited by shares, registered in England and Wales, registration number 10578261. The registered office is 15 MORNINGTON AVENUE, ILFORD, IG1 3QT, UNITED KINGDOM.
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 year, 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:
4
Tangible fixed assets
Land & buildings
Finished goods
122,291
109,327
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
New Sekai Ltd.
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
93,299
94,499
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).