Company Registration No. 11185102 (England and Wales)
Newsmart (london) Ltd
Unaudited accounts
for the year ended 29 February 2024
Newsmart (london) Ltd
Unaudited accounts
Contents
Newsmart (london) Ltd
Company Information
for the year ended 29 February 2024
Directors
Inderjeet SIngh Chopra
Petar Atanasov Petrov
Company Number
11185102 (England and Wales)
Registered Office
493 High Road
Wembley
HA0 2DH
England
Newsmart (london) Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
10,217
11,770
Cash at bank and in hand
63,203
54,649
Creditors: amounts falling due within one year
(33,712)
(47,411)
Net current assets
58,720
61,121
Total assets less current liabilities
68,937
72,891
Creditors: amounts falling due after more than one year
(23,028)
(33,252)
Called up share capital
100
100
Profit and loss account
45,809
39,539
Shareholders' funds
45,909
39,639
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 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 27 November 2024 and were signed on its behalf by
Petar Atanasov Petrov
Director
Company Registration No. 11185102
Newsmart (london) Ltd
Notes to the Accounts
for the year ended 29 February 2024
Newsmart (london) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11185102. The registered office is 493 High Road, Wembley, HA0 2DH, England.
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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
No Depreciation
Fixtures & fittings
20% on RBM
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Tangible fixed assets
Total
At 29 February 2024
23,770
At 29 February 2024
13,553
At 29 February 2024
10,217
At 28 February 2023
11,770
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Average number of employees
During the year the average number of employees was 2 (2023: 2).