IRIS Accounts Production v24.2.0.383 09745670 Board of Directors 1.4.23 31.3.24 31.3.24 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097456702023-03-31097456702024-03-31097456702023-04-012024-03-31097456702022-03-31097456702022-04-012023-03-31097456702023-03-3109745670ns15:EnglandWales2023-04-012024-03-3109745670ns14:PoundSterling2023-04-012024-03-3109745670ns10:Director12023-04-012024-03-3109745670ns10:CompanyLimitedByGuarantee2023-04-012024-03-3109745670ns10:SmallEntities2023-04-012024-03-3109745670ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109745670ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109745670ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109745670ns10:FullAccounts2023-04-012024-03-3109745670ns5:CurrentFinancialInstruments2024-03-3109745670ns5:CurrentFinancialInstruments2023-03-3109745670ns5:RetainedEarningsAccumulatedLosses2024-03-3109745670ns5:RetainedEarningsAccumulatedLosses2023-03-3109745670ns10:RegisteredOffice2023-04-012024-03-3109745670ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3109745670ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 09745670 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Newcastle Under Lyme BID Ltd

Newcastle Under Lyme BID Ltd (Registered number: 09745670)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Newcastle Under Lyme BID Ltd (Registered number: 09745670)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 6,986 15,348
Cash at bank 160,762 147,629
167,748 162,977
CREDITORS
Amounts falling due within one year 5 44,678 36,659
NET CURRENT ASSETS 123,070 126,318
TOTAL ASSETS LESS CURRENT LIABILITIES 123,070 126,318

RESERVES
Income and expenditure account 123,070 126,318
123,070 126,318

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 directors acknowledge their 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 surplus or deficit 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:





Mr N Davies - Director


Newcastle Under Lyme BID Ltd (Registered number: 09745670)

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

1. STATUTORY INFORMATION

Newcastle Under Lyme BID Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09745670

Registered office: 4 Fogg Street
Newcastle-under-Lyme
Staffordshire
ST5 2RE

The presentation currency of the financial statements is the Pound Sterling (£).


The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,299 -
Other debtors 3,687 15,348
6,986 15,348

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,110
Taxation and social security 2,837 3,694
Other creditors 41,841 31,855
44,678 36,659

6. COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.