| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 August 2024 |
| for |
| Newbald Associates Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 August 2024 |
| for |
| Newbald Associates Limited |
| Newbald Associates Limited (Registered number: 06666349) |
| Contents of the Financial Statements |
| for the year ended 31 August 2024 |
| Page |
| Balance Sheet | 1 |
| Newbald Associates Limited (Registered number: 06666349) |
| Balance Sheet |
| 31 August 2024 |
| 2024 | 2023 |
| £ | £ | £ | £ |
| FIXED ASSETS |
| CURRENT ASSETS |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| NOTES TO THE FINANCIAL STATEMENTS |
| 1. | STATUTORY INFORMATION |
| Newbald Associates Limited is a |
| Registered number: |
| Registered office: |
| 2. | AVERAGE NUMBER OF EMPLOYEES |
| The average number of employees during the year was |
| 3. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023: |
| 2024 | 2023 |
| £ | £ |
| Balance outstanding at start of year | (9,793) | (21,623 | ) |
| Amounts advanced | 31,966 | 24,000 |
| Amounts repaid | (2,257) | (12,170 | ) |
| Balance outstanding at end of year | 19,916 | (9,793 | ) |
| Interest rate | 2.25% | 2.00% |
| During the period under review the company operated a current account facility with the related party, the facility has been provided on an unsecured basis and at all times the facility remains repayable up on demand of either party. |
| Interest is charged by the company in accordance with the prevailing H M Revenue & Customs rate above. Interest of £914 (2023 : £Nil) was charged during the year. |
| Newbald Associates Limited (Registered number: 06666349) |
| Balance Sheet - continued |
| 31 August 2024 |
| 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 were approved by the director and authorised for issue on |