1 January 2024 v2025.28.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBPSC5408692024-01-012024-12-31SC5408692024-12-31SC5408692023-12-31SC540869core:WithinOneYear2024-12-31SC540869core:WithinOneYear2023-12-31SC540869core:ShareCapital2024-12-31SC540869core:ShareCapital2023-12-31SC540869core:RetainedEarningsAccumulatedLosses2024-12-31SC540869core:RetainedEarningsAccumulatedLosses2023-12-31SC540869bus:Director12024-01-012024-12-31SC540869bus:RegisteredOffice2024-01-012024-12-31SC540869core:PlantMachinery2024-01-01SC540869core:PlantMachinery2024-01-012024-12-31SC540869core:PlantMachinery2024-12-31SC540869core:PlantMachinery2023-12-31SC54086912024-01-012024-12-31SC5408692023-01-012023-12-31SC540869countries:Scotland2024-01-012024-12-31SC540869bus:AuditExempt-NoAccountantsReport2024-01-012024-12-31SC540869bus:PrivateLimitedCompanyLtd2024-01-012024-12-31SC540869bus:SmallEntities2024-01-012024-12-31SC540869bus:FullAccounts2024-01-012024-12-31
Company registration number:
SC540869
Newtown International Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2024
Newtown International Limited
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Tangible assets 5
24,358
 
59,325
 
Current assets    
Debtors 6
7,950
  -  
Cash at bank and in hand
2,273
 
1,403
 
10,223
 
1,403
 
Creditors: amounts falling due within one year 7
(34,107
)
(47,074
)
Net current liabilities
(23,884
)
(45,671
)
Total assets less current liabilities 474   13,654  
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
473
 
13,653
 
Shareholders funds
474
 
13,654
 
For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 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.
These
financial statements
were approved by the board of directors and authorised for issue on
14 May 2025
, and are signed on behalf of the board by:
S Swan
Director
Company registration number:
SC540869
Newtown International Limited
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
272 Bath Street
,
Glasgow
,
G2 4JR
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 January 2024
93,000
 
Disposals
(56,000
)
At
31 December 2024
37,000
 
Depreciation  
At
1 January 2024
33,675
 
Charge
3,700
 
Disposals
(24,733
)
At
31 December 2024
12,642
 
Carrying amount  
At
31 December 2024
24,358
 
At 31 December 2023
59,325
 

6 Debtors

20242023
££
Other debtors
7,950
  -  

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
9,340
 
11,960
 
Taxation and social security
24,092
 
18,576
 
Other creditors
675
 
16,538
 
34,107
 
47,074