31 March 2023 false No description of principal activity Taxfiler 2024.5 14771829business:PrivateLimitedCompanyLtd2023-03-312024-03-31 147718292023-03-30 147718292023-03-312024-03-31 14771829business:AuditExemptWithAccountantsReport2023-03-312024-03-31 14771829business:FilletedAccounts2023-03-312024-03-31 147718292024-03-31 14771829business:Director12023-03-312024-03-31 14771829business:RegisteredOffice2023-03-312024-03-31 14771829core:WithinOneYear2024-03-31 14771829core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14771829core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14771829core:PreviouslyStatedAmount2024-03-31 14771829business:SmallEntities2023-03-312024-03-31 14771829countries:EnglandWales2023-03-312024-03-31 14771829core:PlantMachinery2023-03-312024-03-31 14771829core:FurnitureFittings2023-03-312024-03-31 14771829core:PlantMachinery2023-03-30 14771829core:FurnitureFittings2023-03-30 14771829core:PlantMachinery2024-03-31 14771829core:FurnitureFittings2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14771829 (England and Wales)
New Garnant Ltd Unaudited accounts for the period from 31 March 2023 to 31 March 2024
New Garnant Ltd Unaudited accounts Contents
Page
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New Garnant Ltd Company Information for the period from 31 March 2023 to 31 March 2024
Director
AKHTER, Zahid
Company Number
14771829 (England and Wales)
Registered Office
Post Office, 103 Cwmamman Road Garnant Ammanford SA18 1ND United Kingdom
Accountants
XEN ACCOUNTANTS LTD 102 A COMMERCIAL STREET NEWPORT NP20 1LU
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New Garnant Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
42,325 
Current assets
Inventories
42,156 
Debtors
3,834 
Cash at bank and in hand
8,982 
54,972 
Creditors: amounts falling due within one year
(88,015)
Net current liabilities
(33,043)
Net assets
9,282 
Capital and reserves
Called up share capital
100 
Profit and loss account
9,182 
Shareholders' funds
9,282 
For the period ending 31 March 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 17 October 2024 and were signed on its behalf by
AKHTER, Zahid Director Company Registration No. 14771829
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New Garnant Ltd Notes to the Accounts for the period from 31 March 2023 to 31 March 2024
1
Statutory information
New Garnant Ltd is a private company, limited by shares, registered in England and Wales, registration number 14771829. The registered office is Post Office, 103 Cwmamman Road, Garnant, Ammanford, SA18 1ND, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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:
Plant & machinery
15% Straight Line
Fixtures & fittings
20% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 March 2023
- 
- 
- 
Additions
38,500 
12,000 
50,500 
At 31 March 2024
38,500 
12,000 
50,500 
Depreciation
Charge for the period
5,775 
2,400 
8,175 
At 31 March 2024
5,775 
2,400 
8,175 
Net book value
At 31 March 2024
32,725 
9,600 
42,325 
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New Garnant Ltd Notes to the Accounts for the period from 31 March 2023 to 31 March 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
3,834 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
8,815 
Trade creditors
26,133 
Taxes and social security
805 
Loans from directors
51,050 
Accruals
1,212 
88,015 
7
Average number of employees
During the period the average number of employees was 3.
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