1 April 2023 false Taxfiler 2024.5 08290203business:PrivateLimitedCompanyLtd2023-04-012024-03-31 082902032023-03-31 082902032023-04-012024-03-31 08290203business:AuditExemptWithAccountantsReport2023-04-012024-03-31 08290203business:AbridgedAccounts2023-04-012024-03-31 082902032024-03-31 08290203business:Director12023-04-012024-03-31 08290203business:Director22023-04-012024-03-31 08290203business:CompanySecretary12023-04-012024-03-31 08290203business:RegisteredOffice2023-04-012024-03-31 082902032023-03-31 08290203core:WithinOneYear2024-03-31 08290203core:WithinOneYear2023-03-31 08290203core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08290203core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08290203core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08290203core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08290203core:PreviouslyStatedAmount2024-03-31 08290203core:PreviouslyStatedAmount2023-03-31 08290203business:SmallEntities2023-04-012024-03-31 08290203countries:EnglandWales2023-04-012024-03-31 08290203core:PlantMachinery2023-04-012024-03-31 082902032022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08290203 (England and Wales)
Newmans Solicitors Limited Unaudited accounts for the year ended 31 March 2024
Newmans Solicitors Limited Unaudited accounts Contents
Page
- 2 -
Newmans Solicitors Limited Company Information for the year ended 31 March 2024
Directors
Farida Goodman Saira Babar
Secretary
Melka Babar
Company Number
08290203 (England and Wales)
Registered Office
1 High Street Horley Surrey RH6 7BE
Accountants
Alpha Advisors 60 Woodcote Hurst Epsom Surrey KT18 7DT
- 3 -
Newmans Solicitors Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,631 
15,075 
Current assets
Inventories
16,151 
18,002 
Debtors
498,188 
43,153 
Cash at bank and in hand
553,371 
1,509,387 
1,067,710 
1,570,542 
Creditors: amounts falling due within one year
(606,245)
(1,160,754)
Net current assets
461,465 
409,788 
Net assets
475,096 
424,863 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
475,095 
424,862 
Shareholders' funds
475,096 
424,863 
For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
Saira Babar Director Company Registration No. 08290203
- 4 -
Newmans Solicitors Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Newmans Solicitors Limited is a private company, limited by shares, registered in England and Wales, registration number 08290203. The registered office is 1 High Street , Horley, Surrey, RH6 7BE.
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 on a reducing balance basis:-
Plant & machinery
20%
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
27,080 
Additions
1,571 
At 31 March 2024
28,651 
Depreciation
At 1 April 2023
12,005 
Charge for the year
3,015 
At 31 March 2024
15,020 
Net book value
At 31 March 2024
13,631 
At 31 March 2023
15,075 
5
Transactions with related parties
Included in Other Debtors is a loan of £452,171 to Miraj Properties Ltd., a company in which a Director of Newmans Solicitors, Saira Babar is a Director, and in which an Employee of Newmans Solicitors, Melkum Babar, is a Director and controlling Shareholder.
- 5 -
Newmans Solicitors Limited Notes to the Accounts for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 9 (2023: 9).
- 6 -