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REGISTERED NUMBER: 02111170 (England and Wales)















Newenden Associates Ltd

Unaudited Financial Statements for the Year Ended 31 July 2024






Newenden Associates Ltd (Registered number: 02111170)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Newenden Associates Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: C C Moore
Mrs K Z Moore





REGISTERED OFFICE: 57 Bower Place
Maidstone
Kent
ME16 8BG





REGISTERED NUMBER: 02111170 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Newenden Associates Ltd (Registered number: 02111170)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 369 594
369 594

CURRENT ASSETS
Inventories 4,000 4,839
Debtors 6 5,569 6,331
Cash at bank 4,384 2,365
13,953 13,535
CREDITORS
Amounts falling due within one year 7 66,426 63,421
NET CURRENT LIABILITIES (52,473 ) (49,886 )
TOTAL ASSETS LESS CURRENT LIABILITIES (52,104 ) (49,292 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (52,204 ) (49,392 )
(52,104 ) (49,292 )

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

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

The directors acknowledge their 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.

Newenden Associates Ltd (Registered number: 02111170)

Statement of Financial Position - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





C C Moore - Director


Newenden Associates Ltd (Registered number: 02111170)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Newenden Associates Ltd 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.

Significant judgements - going concern
When preparing the financial statements, the directors have assessed whether there are significant doubts about the company's ability to continue as a going concern, particularly as there are net current liabilities. There are no material uncertainties of which the directors are aware in making their assessment.

Other creditors include £58,440 owed to the directors who have indicated that repayment will only be sought when cash flow and profitability allow. Therefore, the directors consider that the company has sufficient cash reserves to enable it to meet its obligations as they fall due for a period of at least 12 months from the date of signing of these financial statements. As such, they are satisfied that the company has adequate resources to continue to operate for the foreseeable future and they continue to adopt the going concern basis for preparing these financial statements.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Plant and machinery etc - 25% on cost and 25% on reducing balance

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

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans to and from banks, other third parties and related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

Newenden Associates Ltd (Registered number: 02111170)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 9,500
AMORTISATION
At 1 August 2023
and 31 July 2024 9,500
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 11,747
DEPRECIATION
At 1 August 2023 11,153
Charge for year 225
At 31 July 2024 11,378
NET BOOK VALUE
At 31 July 2024 369
At 31 July 2023 594

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,569 6,331

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,109 1,439
Taxation and social security 1,016 1,629
Other creditors 63,301 60,353
66,426 63,421