Company Registration No. 14698194 (England and Wales)
NEW HOPE ORGANISATION
Unaudited accounts
for the period from 1 March 2023 to 31 March 2024
NEW HOPE ORGANISATION
Unaudited accounts
Contents
NEW HOPE ORGANISATION
Company Information
for the period from 1 March 2023 to 31 March 2024
Directors
Jill Ngwerume
Lazarus Mutemachani
Company Number
14698194 (England and Wales)
Registered Office
SHOP 49, 13 MARKET PLACE
BRAINTREE
ESSEX
CM7 3HG
ENGLAND
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
NEW HOPE ORGANISATION
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
137
Creditors: amounts falling due within one year
(22,981)
Net current liabilities
(18,919)
Profit and loss account
(17,279)
Shareholders' funds
(17,279)
For the period 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.
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 30 November 2024 and were signed on its behalf by
Jill Ngwerume
Director
Company Registration No. 14698194
NEW HOPE ORGANISATION
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
NEW HOPE ORGANISATION is a private company, limited by shares, registered in England and Wales, registration number 14698194. The registered office is SHOP 49, 13 MARKET PLACE, BRAINTREE, ESSEX, CM7 3HG, ENGLAND.
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.
These financial statements for the period from 1 March 2023 to 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
The accounts are prepared on the going concern basis and have been supported by directors contributions.
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:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
NEW HOPE ORGANISATION
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
1,800
Loans from directors
21,181
7
Average number of employees
During the period the average number of employees was 0.