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REGISTERED NUMBER: 13157700 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Newtube Ltd

Newtube Ltd (Registered number: 13157700)






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


Newtube Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: N Veniamin





REGISTERED OFFICE: Office 2514
321-323 High Road
Romford
RM6 6AX





REGISTERED NUMBER: 13157700 (England and Wales)





ACCOUNTANTS: AMC FINANCE LTD
76 WINDSOR ROAD
MAIDENHEAD
BERKSHIRE
SL6 2DJ

Newtube Ltd (Registered number: 13157700)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136,839 10,743

CURRENT ASSETS
Debtors 5 501,144 63,885
Cash at bank 86,469 410,445
587,613 474,330
CREDITORS
Amounts falling due within one year 6 202,431 176,512
NET CURRENT ASSETS 385,182 297,818
TOTAL ASSETS LESS CURRENT
LIABILITIES

522,021

308,561

CREDITORS
Amounts falling due after more than
one year

7

80,994

-
NET ASSETS 441,027 308,561

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 441,026 308,560
441,027 308,561

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.

Newtube Ltd (Registered number: 13157700)

Balance Sheet - continued
31 January 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 31 October 2024 and were signed by:





N Veniamin - Director


Newtube Ltd (Registered number: 13157700)

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

1. STATUTORY INFORMATION

Newtube Ltd 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Newtube Ltd (Registered number: 13157700)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 - 18,609 18,609
Additions 123,500 13,217 136,717
At 31 January 2024 123,500 31,826 155,326
DEPRECIATION
At 1 February 2023 - 7,866 7,866
Charge for year 4,631 5,990 10,621
At 31 January 2024 4,631 13,856 18,487
NET BOOK VALUE
At 31 January 2024 118,869 17,970 136,839
At 31 January 2023 - 10,743 10,743

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Veniamin Properties Ltd 334,001 13,689
Other debtors 116,947 -
Current asset investments 50,196 50,196
501,144 63,885

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 20,719 -
Tax 51,158 83,368
Social security and other taxes 420 671
Other creditors 129,334 91,673
Accrued expenses 800 800
202,431 176,512

Newtube Ltd (Registered number: 13157700)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 80,994 -