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Company Registration No. 09431168 (England and Wales)
New Homes Place Limited Unaudited accounts for the year ended 29 February 2024
New Homes Place Limited Unaudited accounts Contents
Page
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New Homes Place Limited Company Information for the year ended 29 February 2024
Director
Sarah Clutton
Company Number
09431168 (England and Wales)
Registered Office
WOODBURY COMMONWOOD HOLT WREXHAM LL13 9JB WALES
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New Homes Place Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,274 
13,090 
Current assets
Debtors
367,037 
359,742 
Cash at bank and in hand
13,318 
102 
380,355 
359,844 
Creditors: amounts falling due within one year
(135,740)
(101,143)
Net current assets
244,615 
258,701 
Total assets less current liabilities
254,889 
271,791 
Creditors: amounts falling due after more than one year
(167,696)
(185,188)
Net assets
87,193 
86,603 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
87,093 
86,503 
Shareholders' funds
87,193 
86,603 
For the year ending 29 February 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 her 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 28 October 2024 and were signed on its behalf by
Sarah Clutton Director Company Registration No. 09431168
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New Homes Place Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
New Homes Place Limited is a private company, limited by shares, registered in England and Wales, registration number 09431168. The registered office is WOODBURY COMMONWOOD, HOLT, WREXHAM, LL13 9JB, WALES.
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 remained unchanged from the previous year, and also 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:
Land & buildings
20 % Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
16,206 
936 
8,133 
11,916 
7,403 
44,594 
At 29 February 2024
16,206 
936 
8,133 
11,916 
7,403 
44,594 
Depreciation
At 1 March 2023
7,100 
383 
4,702 
11,916 
7,403 
31,504 
Charge for the year
1,821 
138 
857 
- 
- 
2,816 
At 29 February 2024
8,921 
521 
5,559 
11,916 
7,403 
34,320 
Net book value
At 29 February 2024
7,285 
415 
2,574 
- 
- 
10,274 
At 28 February 2023
9,106 
553 
3,431 
- 
- 
13,090 
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New Homes Place Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,363 
58,901 
Other debtors
325,674 
300,841 
367,037 
359,742 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
63,615 
65,812 
VAT
63,401 
31,365 
Trade creditors
83 
546 
Taxes and social security
7,620 
3,411 
Other creditors
1,021 
9 
135,740 
101,143 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
88,356 
105,848 
Loans from directors
79,340 
79,340 
167,696 
185,188 
8
Average number of employees
During the year the average number of employees was 11 (2023: 11).
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