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COMPANY REGISTRATION NUMBER: 03911191
Newvale Ventures Limited
Filleted Unaudited Financial Statements
31 March 2024
Newvale Ventures Limited
Statement of Financial Position
31 March 2024
2024
2023
£
£
£
Fixed assets
5,233
7,270
-------
-------
Current assets
98,485
120,344
Prepayments and accrued income
312
302
--------
---------
98,797
120,646
Creditors: amounts falling due within one year
87,589
89,024
--------
---------
Net current assets
11,208
31,622
--------
--------
Total assets less current liabilities
16,441
38,892
Creditors: amounts falling due after more than one year
11,667
32,177
Accruals and deferred income
3,880
3,210
--------
--------
894
3,505
--------
--------
Capital and reserves
894
3,505
----
-------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2023: 4 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr G P Prove
18,260
( 47,868)
60,954
31,346
--------
--------
--------
--------
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr G P Prove
( 1,635)
( 69,445)
89,340
18,260
-------
--------
--------
--------
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 13 January 2025 , and are signed on behalf of the board by:
Mr G P Prove
Director
Company registration number: 03911191
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 3, Bignell Park Barns, Chesterton, Nr Bicester, Oxon, OX26 1TD.