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Company Registration No. 11080896 (England and Wales)
Newesco Ltd Unaudited accounts for the year ended 30 November 2024
Newesco Ltd Unaudited accounts Contents
Page
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Newesco Ltd Company Information for the year ended 30 November 2024
Director
Simon Hayes
Company Number
11080896 (England and Wales)
Registered Office
Denmark House 143 High Street Chalfont St Peter Bucks SL9 9QL United Kingdom
Accountants
Lane Accounting Limited Denmark House, 143 High St, Chalfont St Peter, Gerrards Cross Buckinghamshire SL9 9QL
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Newesco Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,996 
26,245 
Current assets
Debtors
18 
18 
Cash at bank and in hand
38,850 
21,555 
38,868 
21,573 
Creditors: amounts falling due within one year
(9,723)
(3,046)
Net current assets
29,145 
18,527 
Net assets
50,141 
44,772 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
50,140 
44,771 
Shareholders' funds
50,141 
44,772 
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 7 February 2025 and were signed on its behalf by
Simon Hayes Director Company Registration No. 11080896
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Newesco Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Newesco Ltd is a private company, limited by shares, registered in England and Wales, registration number 11080896. The registered office is Denmark House 143 High Street, Chalfont St Peter, Bucks, SL9 9QL, United Kingdom.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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
20% Reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2023
115,379 
At 30 November 2024
115,379 
Depreciation
At 1 December 2023
89,134 
Charge for the year
5,249 
At 30 November 2024
94,383 
Net book value
At 30 November 2024
20,996 
At 30 November 2023
26,245 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
18 
18 
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Newesco Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
773 
Taxes and social security
8,355 
214 
Loans from directors
638 
1,329 
Accruals
730 
730 
9,723 
3,046 
7
Loans to directors
At 30 November 2024 Simon Hayes, director, had lent the company £638 (2023 - £1,329). This is an interest free loan repayable on demand.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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