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Company Registration No. 13091285 (England and Wales)
Newton Poplars Ltd Unaudited accounts for the period from 1 January 2023 to 15 April 2024
Newton Poplars Ltd Unaudited accounts Contents
Page
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Newton Poplars Ltd Company Information for the period from 1 January 2023 to 15 April 2024
Directors
Mr Jeremy James Greatorex Mrs Kara Jane Louise Greatorex
Company Number
13091285 (England and Wales)
Registered Office
Grove Farm Burton Dassett Southam CV47 2AB England
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Newton Poplars Ltd Statement of financial position as at 15 April 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
3,760 
Tangible assets
17,210 
- 
Investment property
555,000 
400,000 
572,210 
403,760 
Current assets
Cash at bank and in hand
8,374 
- 
Creditors: amounts falling due within one year
(137,111)
(631)
Net current liabilities
(128,737)
(631)
Total assets less current liabilities
443,473 
403,129 
Creditors: amounts falling due after more than one year
(249,980)
(249,980)
Net assets
193,493 
153,149 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
193,491 
153,147 
Shareholders' funds
193,493 
153,149 
For the period ending 15 April 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 7 January 2025 and were signed on its behalf by
Mr Jeremy James Greatorex Director Company Registration No. 13091285
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Newton Poplars Ltd Notes to the Accounts for the period from 1 January 2023 to 15 April 2024
1
Statutory information
Newton Poplars Ltd is a private company, limited by shares, registered in England and Wales, registration number 13091285. The registered office is Grove Farm, Burton Dassett, Southam, CV47 2AB, 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.
3
Accounting policies
These financial statements for the period from 1 January 2023 to 15 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. 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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Plant & machinery
Over 5 years
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Newton Poplars Ltd Notes to the Accounts for the period from 1 January 2023 to 15 April 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
12,000 
At 15 April 2024
12,000 
Amortisation
At 1 January 2023
8,240 
Charge for the period
3,760 
At 15 April 2024
12,000 
Net book value
At 15 April 2024
- 
At 31 December 2022
3,760 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
21,513 
At 15 April 2024
21,513 
Depreciation
Charge for the period
4,303 
At 15 April 2024
4,303 
Net book value
At 15 April 2024
17,210 
6
Investment property
2024 
£ 
Fair value at 1 January 2023
400,000 
Additions
555,000 
Disposals
(400,000)
At 15 April 2024
555,000 
7
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
- 
631 
Taxes and social security
3,550 
- 
Loans from directors
133,261 
- 
Accruals
300 
- 
137,111 
631 
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Newton Poplars Ltd Notes to the Accounts for the period from 1 January 2023 to 15 April 2024
8
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
249,980 
249,980 
9
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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