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REGISTERED NUMBER: 05993087 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Newvue Facilities Management Limited

Newvue Facilities Management Limited (Registered number: 05993087)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Newvue Facilities Management Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: D G Tuthill





REGISTERED OFFICE: 8 Old Forge Court Colchester Road
Elmstead
Colchester
CO7 7EA





REGISTERED NUMBER: 05993087 (England and Wales)





ACCOUNTANTS: Goody Chartered Accountants and Tax Advisors
Unit 8 Old Forge Court
Colchester Road
Elmstead Market
Colchester
Essex
CO7 7EA

Newvue Facilities Management Limited (Registered number: 05993087)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,702 37,574

CURRENT ASSETS
Debtors 5 68,332 97,725
Cash at bank and in hand 5,701 37,257
74,033 134,982
CREDITORS
Amounts falling due within one year 6 68,684 90,206
NET CURRENT ASSETS 5,349 44,776
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,051

82,350

CREDITORS
Amounts falling due after more than one
year

7

42,839

30,703
NET ASSETS 1,212 51,647

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,112 51,547
1,212 51,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Newvue Facilities Management Limited (Registered number: 05993087)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 10 October 2024 and were signed by:





D G Tuthill - Director


Newvue Facilities Management Limited (Registered number: 05993087)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Newvue Facilities Management Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 23 ) .

Newvue Facilities Management Limited (Registered number: 05993087)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 97,720
Additions 14,439
Disposals (25,603 )
At 31 March 2024 86,556
DEPRECIATION
At 1 April 2023 60,146
Charge for year 8,087
Eliminated on disposal (20,379 )
At 31 March 2024 47,854
NET BOOK VALUE
At 31 March 2024 38,702
At 31 March 2023 37,574

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 31,628 32,340
Other debtors 36,704 65,385
68,332 97,725

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - 2,786
Taxation and social security 59,531 67,009
Other creditors 9,153 20,411
68,684 90,206

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 42,839 30,703