Company registration number 02105475 (England and Wales)
NEWTON TESLA (ELECTRIC DRIVES) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
NEWTON TESLA (ELECTRIC DRIVES) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
6,665
6,530
Current assets
171,240
126,228
Prepayments and accrued income
1,042
842
Creditors: amounts falling due within one year
(85,904)
(89,404)
Net current assets
86,378
37,666
Total assets less current liabilities
93,043
44,196
Creditors: amounts falling due after more than one year
(20,000)
(30,000)
Net assets
73,043
14,196
Capital and reserves
73,043
14,196
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
4
4
Newton Tesla (Electric Drives) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Prestbury, 97 Chester Road, Middlewich, Cheshire, CW10 9EU.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
NEWTON TESLA (ELECTRIC DRIVES) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 14 November 2024 and are signed on its behalf by:
Mr George Newton
Director
Company registration number 02105475 (England and Wales)