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
New Homes Place Limited
Company Information
for the year ended 29 February 2024
Company Number
09431168 (England and Wales)
Registered Office
WOODBURY COMMONWOOD
HOLT
WREXHAM
LL13 9JB
WALES
New Homes Place Limited
Statement of financial position
as at 29 February 2024
Tangible assets
10,274
13,090
Cash at bank and in hand
13,318
102
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)
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
New Homes Place Limited
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 29 February 2024
7,285
415
2,574
-
-
10,274
At 28 February 2023
9,106
553
3,431
-
-
13,090
New Homes Place Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
41,363
58,901
Other debtors
325,674
300,841
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
63,615
65,812
Taxes and social security
7,620
3,411
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
79,340
79,340
8
Average number of employees
During the year the average number of employees was 11 (2023: 11).