NEWTEC ENGINEERING LIMITED

Company Registration Number:
13934809 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

NEWTEC ENGINEERING LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

NEWTEC ENGINEERING LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,200,125 102,922
Total fixed assets: 1,200,125 102,922
Current assets
Stocks: 387,291 277,382
Debtors:   276,317 165,272
Cash at bank and in hand: 498,239 209,832
Total current assets: 1,161,847 652,486
Creditors: amounts falling due within one year:   (217,321) (123,256)
Net current assets (liabilities): 944,526 529,230
Total assets less current liabilities: 2,144,651 632,152
Total net assets (liabilities): 2,144,651 632,152
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,144,650 632,151
Shareholders funds: 2,144,651 632,152

The notes form part of these financial statements

NEWTEC ENGINEERING LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 January 2025
and signed on behalf of the board by:

Name: Wyatt Reed
Status: Director

The notes form part of these financial statements

NEWTEC ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NEWTEC ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 9 4

NEWTEC ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 102,922
Additions 1,097,203
At 28 February 2024 1,200,125
Net book value
At 28 February 2024 1,200,125
At 28 February 2023 102,922