Caseware UK (AP4) 2023.0.135 2023.0.135 false1falseNo description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-02-01falsetrue 02044741 2023-02-01 2024-01-31 02044741 2022-02-01 2023-01-31 02044741 2024-01-31 02044741 2023-01-31 02044741 c:Director2 2023-02-01 2024-01-31 02044741 d:CurrentFinancialInstruments 2024-01-31 02044741 d:CurrentFinancialInstruments 2023-01-31 02044741 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 02044741 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 02044741 d:ShareCapital 2024-01-31 02044741 d:ShareCapital 2023-01-31 02044741 d:RetainedEarningsAccumulatedLosses 2024-01-31 02044741 d:RetainedEarningsAccumulatedLosses 2023-01-31 02044741 c:FRS102 2023-02-01 2024-01-31 02044741 c:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 02044741 c:FullAccounts 2023-02-01 2024-01-31 02044741 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 02044741 2 2023-02-01 2024-01-31 02044741 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 02044741










Newminster Securities Limited








Unaudited

Financial statements

For the Year Ended 31 January 2024

 
Newminster Securities Limited
 
  
Chartered accountants' report to the director on the preparation of the unaudited statutory financial statements of Newminster Securities Limited for the Year Ended 31 January 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Newminster Securities Limited for the year ended 31 January 2024 which comprise  the balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Newminster Securities Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Newminster Securities Limited  and state those matters that we have agreed to state to the director of Newminster Securities Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Newminster Securities Limited and its director for our work or for this report. 

It is your duty to ensure that Newminster Securities Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Newminster Securities Limited. You consider that Newminster Securities Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Newminster Securities Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  




Kreston Reeves LLP
Chartered Accountants
2nd Floor
168 Shoreditch High Street
London
E1 6RA
18 November 2024
Page 1

 
Newminster Securities Limited
Registered number: 02044741

Balance sheet
As at 31 January 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
68,763
68,763

Cash at bank and in hand
 4 
299,083
299,100

  
367,846
367,863

Creditors: amounts falling due within one year
 5 
(349,156)
(337,500)

Net current assets
  
 
 
18,690
 
 
30,363

Total assets less current liabilities
  
18,690
30,363

  

Net assets
  
18,690
30,363


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
18,590
30,263

  
18,690
30,363


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the sole director and were signed on its behalf 18 November 2024.





Ms M Cohen
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
Newminster Securities Limited
 

 
Notes to the financial statements
For the Year Ended 31 January 2024

1.


General information

Newminster Securities Limited (the Company) is a limited company incorporated and domiciled in the United Kingdom.  The address of its registered office and principal place of business are disclosed on the company information page.  The company's principal activity is that of property management.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain accounting estimates. It also requires management to exercise judgment in applying the Company accounting policies.

The following principal accounting policies have been applied:

 
2.2

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. 

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty
on notice of not more than 24 hours.

 
2.4

Creditors

Short term creditors are measured at the transaction price.

 
2.5

Finance costs

Finance costs are charged to the statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 3

 
Newminster Securities Limited
 

 
Notes to the financial statements
For the Year Ended 31 January 2024

4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
299,083
299,100

299,083
299,100



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
347,056
335,400

Accruals and deferred income
2,100
2,100

349,156
337,500



6.


Related party transactions

During the year Aorangi Limited, a company under common control, paid expenses of £6,540 (2023: £3,540) on behalf of the company.
At the year end, there was a balance due to Aorangi Limited of £263,160 (2023: £256,620).


7.


Controlling party

The ultimate controlling party is Mr L H Cohen.


Page 4