2023-06-01 02359374 2024-05-31 02359374 2023-06-01 2024-05-31 02359374 2023-05-31 02359374 2022-06-01 2023-05-31 02359374 uk-core:WithinOneYear 2023-05-31 02359374 uk-core:WithinOneYear 2024-05-31 02359374 uk-core:ShareCapital 2024-05-31 02359374 uk-core:ShareCapital 2023-05-31 02359374 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 02359374 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 02359374 uk-bus:Director1 2023-06-01 2024-05-31 02359374 uk-core:WithinOneYear uk-core:Secured 2024-05-31 02359374 uk-core:WithinOneYear uk-core:Secured 2023-05-31 02359374 uk-core:WithinOneYear 2024-05-31 02359374 uk-core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure 02359374 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 02359374 uk-bus:FRS102 2023-06-01 2024-05-31 02359374 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 02359374 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Draft
Newfield Automation Limited
Registered Number:02359374
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 May 2024
Newfield Automation Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
02359374
As at 31 May 2024
Newfield Automation Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
6,602
9,902
2
6,602
9,902
Current assets
Inventories
38,409
106,578
3
Trade and other receivables
607,213
496,411
4
122,893
Cash and cash equivalents
-
602,989
768,515
Trade and other payables: amounts falling due within one
year
(744,125)
(586,875)
5
24,390
16,114
Net current assets
Total assets less current liabilities
22,716
34,292
22,716
Net assets
34,292
Capital and reserves
Called up share capital
20,051
20,051
Retained earnings
2,665
14,241
22,716
34,292
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Miss Jolene Meacham Director
These financial statements were approved and authorised for issue by the Board on 05 November 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 May 2024
Newfield Automation Limited
Notes to the Financial Statements
Statutory Information
Newfield Automation Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 02359374.
Registered address:
Newfield House
Brook Lane Astbury
Congleton
Cheshire
CW12 4TJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 June 2023
239,034
At 31 May 2024
239,034
Provision for depreciation and impairment
At 01 June 2023
229,132
Charge for year
3,300
At 31 May 2024
232,432
At 31 May 2024
Net book value
6,602
At 31 May 2023
9,902
3. Inventories
2023
2024
£
£
Stocks
106,578
38,409
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5
Draft
For the year ended 31 May 2024
Newfield Automation Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
453,229
605,080
Amounts owed by group undertakings and participating interests
10,000
-
Other debtors
33,182
2,133
607,213
496,411
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
83,334
120,000
Bank loans and overdraft
16,899
-
Trade creditors
130,323
59,654
Taxation and social security
103,010
35,222
Other creditors
253,309
529,249
586,875
744,125
6. Average number of persons employed
During the year the average number of employees was 0 (2023 : 18)
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