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REGISTERED NUMBER: 05464059 (England and Wales)











S D NEWBURY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024






S D NEWBURY LIMITED (REGISTERED NUMBER: 05464059)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


S D NEWBURY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTOR: S. Newbury





SECRETARY: Mrs S C Newbury





REGISTERED OFFICE: 20 Eversley Road
Bexhill-on-Sea
East Sussex
TN38 4BN





REGISTERED NUMBER: 05464059 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

S D NEWBURY LIMITED (REGISTERED NUMBER: 05464059)

BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,367 12,493

CURRENT ASSETS
Debtors 5 28,659 69,352
Cash at bank 16,551 5,957
45,210 75,309
CREDITORS
Amounts falling due within one year 6 49,334 49,377
NET CURRENT (LIABILITIES)/ASSETS (4,124 ) 25,932
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,243

38,425

CREDITORS
Amounts falling due after more than
one year

7

(29,158

)

(34,565

)

PROVISIONS FOR LIABILITIES (2,342 ) (3,123 )
NET (LIABILITIES)/ASSETS (26,257 ) 737

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (26,357 ) 637
SHAREHOLDERS' FUNDS (26,257 ) 737

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

S D NEWBURY LIMITED (REGISTERED NUMBER: 05464059)

BALANCE SHEET - continued
31ST MAY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11th January 2025 and were signed by:





S. Newbury - Director


S D NEWBURY LIMITED (REGISTERED NUMBER: 05464059)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024


1. STATUTORY INFORMATION

S D Newbury Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures, fittings and equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

S D NEWBURY LIMITED (REGISTERED NUMBER: 05464059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024


4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1st June 2023
and 31st May 2024 41,076 39,819 80,895
DEPRECIATION
At 1st June 2023 31,532 36,870 68,402
Charge for year 2,388 738 3,126
At 31st May 2024 33,920 37,608 71,528
NET BOOK VALUE
At 31st May 2024 7,156 2,211 9,367
At 31st May 2023 9,544 2,949 12,493

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,316 56,653
Other debtors 17,343 12,699
28,659 69,352

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,407 5,274
Trade creditors 35,396 31,844
Taxation and social security 2,800 8,162
Other creditors 5,731 4,097
49,334 49,377

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,158 34,565

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,102 17,930

S D NEWBURY LIMITED (REGISTERED NUMBER: 05464059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2024 and 31st May 2023:

2024 2023
£    £   
S. Newbury
Balance outstanding at start of year (439 ) 24,782
Amounts advanced 33,900 -
Amounts repaid (28,226 ) (25,221 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,235 (439 )

At the date of the balance sheet the director owed the company £5,235, No interest has been charged and the loan has no fixed repayment date and no terms attached.