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REGISTERED NUMBER: 05344156 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

NEWPORT SYSTEMS SOLUTIONS LIMITED

NEWPORT SYSTEMS SOLUTIONS LIMITED (REGISTERED NUMBER: 05344156)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEWPORT SYSTEMS SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr S Banjoh





SECRETARY: Ms C Adaja





REGISTERED OFFICE: 4 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 05344156 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

NEWPORT SYSTEMS SOLUTIONS LIMITED (REGISTERED NUMBER: 05344156)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,769 2,358

CURRENT ASSETS
Debtors 5 39,346 28,890
Cash at bank and in hand 635 308
39,981 29,198
CREDITORS
Amounts falling due within one year 6 26,789 10,116
NET CURRENT ASSETS 13,192 19,082
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,961

21,440

CREDITORS
Amounts falling due after more than one year 7 12,129 18,915
NET ASSETS 2,832 2,525

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,832 1,525
SHAREHOLDERS' FUNDS 2,832 2,525

NEWPORT SYSTEMS SOLUTIONS LIMITED (REGISTERED NUMBER: 05344156)

BALANCE SHEET - continued
31 JANUARY 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2024 and were signed by:





Mr S Banjoh - Director


NEWPORT SYSTEMS SOLUTIONS LIMITED (REGISTERED NUMBER: 05344156)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Newport Systems Solutions 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 28,084
DEPRECIATION
At 1 February 2023 25,726
Charge for year 589
At 31 January 2024 26,315
NET BOOK VALUE
At 31 January 2024 1,769
At 31 January 2023 2,358

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,908 -
Other debtors 27,438 28,890
39,346 28,890

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,000 6,000
Trade creditors 1,896 738
Taxation and social security 17,738 1,303
Other creditors 1,155 2,075
26,789 10,116

NEWPORT SYSTEMS SOLUTIONS LIMITED (REGISTERED NUMBER: 05344156)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,129 18,915

Amounts falling due in more than five years:

Repayable by instalments
Bounce back loan 12,129 18,915

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is an amount of £27,391 (2023;£27,775) owed to the company by the director.

Interest received on the loan was £614 (2023:£725) for the year.