REGISTERED NUMBER: 05696999 (England and Wales)

Financial Statements for the Year Ended 31 January 2025

for

Newsmarket (UK) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Guljit Singh

SECRETARY:

Mr Resham Singh

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

05696999 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

12,911

12,911

Property, plant and equipment

5

96,978

96,099

109,889

109,010

CURRENT ASSETS

Inventories

23,314

41,215

Debtors

6

641

3,013

Cash at bank and in hand

36,535

12,058

60,490

56,286

CREDITORS

Amounts falling due within one year

7

95,291

85,647

NET CURRENT LIABILITIES

(34,801

)

(29,361

)

TOTAL ASSETS LESS CURRENT LIABILITIES

75,088

79,649

CREDITORS

Amounts falling due after more than one year

8

31,488

37,040

NET ASSETS

43,600

42,609

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

43,500

42,509

SHAREHOLDERS' FUNDS

43,600

42,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 20 June 2025 and were signed by:

Mr Guljit Singh - Director

1.	STATUTORY INFORMATION

Newsmarket (UK) 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.

Turnover

Turnover represented net sales of goods,excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015.

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 each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

12,911

NET BOOK VALUE

At 31 January 2025

12,911

At 31 January 2024

12,911

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

72,362

46,882

119,244

Additions

-

5,223

5,223

At 31 January 2025

72,362

52,105

124,467

DEPRECIATION

At 1 February 2024

-

23,145

23,145

Charge for year

-

4,344

4,344

At 31 January 2025

-

27,489

27,489

NET BOOK VALUE

At 31 January 2025

72,362

24,616

96,978

At 31 January 2024

72,362

23,737

96,099

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

641

3,013

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

9,088

13,553

Taxation and social security

5,274

6,231

Other creditors

80,929

65,863

95,291

85,647

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

31,488

37,040

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

£1

100

100