PTP Accounts Production v24.3.2.46 02422080 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh024220802023-06-30024220802024-06-30024220802023-07-012024-06-30024220802022-06-30024220802022-07-012023-06-30024220802023-06-3002422080ns15:EnglandWales2023-07-012024-06-3002422080ns14:PoundSterling2023-07-012024-06-3002422080ns10:Director12023-07-012024-06-3002422080ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3002422080ns10:SmallEntities2023-07-012024-06-3002422080ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3002422080ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3002422080ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3002422080ns10:FullAccounts2023-07-012024-06-3002422080ns10:RegisteredOffice2023-07-012024-06-3002422080ns5:CurrentFinancialInstruments2024-06-3002422080ns5:CurrentFinancialInstruments2023-06-3002422080ns5:ShareCapital2024-06-3002422080ns5:ShareCapital2023-06-3002422080ns5:RetainedEarningsAccumulatedLosses2024-06-3002422080ns5:RetainedEarningsAccumulatedLosses2023-06-3002422080ns5:PlantMachinery2023-07-012024-06-3002422080ns5:PlantMachinery2023-06-3002422080ns5:PlantMachinery2024-06-3002422080ns5:PlantMachinery2023-06-3002422080ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3002422080ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 02422080 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

New Co-Ordinates Limited

New Co-Ordinates Limited (Registered number: 02422080)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


New Co-Ordinates Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: D M Bowie





REGISTERED OFFICE: Unit J15, Hastingwood Industrial Park
Wood Lane
Erdington
Birmingham
B24 9QR





REGISTERED NUMBER: 02422080 (England and Wales)





ACCOUNTANTS: Haes Cooper and Company Limited
3 Bakers Lane
Shutlanger
Northamptonshire
NN12 7RT

New Co-Ordinates Limited (Registered number: 02422080)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,031 700

CURRENT ASSETS
Stocks 61,048 23,501
Debtors 5 499,855 497,447
Cash at bank 230,337 221,624
791,240 742,572
CREDITORS
Amounts falling due within one year 6 35,148 17,063
NET CURRENT ASSETS 756,092 725,509
TOTAL ASSETS LESS CURRENT
LIABILITIES

757,123

726,209

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 757,023 726,109
SHAREHOLDERS' FUNDS 757,123 726,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 18 February 2025 and were signed by:





D M Bowie - Director


New Co-Ordinates Limited (Registered number: 02422080)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

New Co-Ordinates 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.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

New Co-Ordinates Limited (Registered number: 02422080)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 2,373
Additions 578
Disposals (1,525 )
At 30 June 2024 1,426
DEPRECIATION
At 1 July 2023 1,673
Charge for year 247
Eliminated on disposal (1,525 )
At 30 June 2024 395
NET BOOK VALUE
At 30 June 2024 1,031
At 30 June 2023 700

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 37,476 33,664
Amounts owed by group undertakings 443,859 443,860
Other debtors 18,520 19,923
499,855 497,447

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 12,033 7,602
Taxation and social security 21,181 7,797
Other creditors 1,934 1,664
35,148 17,063

7. ULTIMATE CONTROLLING PARTY

The entire share capital of the company is owned by JRDB Limited, a company controlled by the director.