Registered number
14936410
New Start Living Investments Limited
Filleted Accounts
31 March 2025
New Start Living Investments Limited
Registered number: 14936410
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 436,605 412,000
Investments 4 35,730 15,480
472,335 427,480
Current assets
Debtors 5 56,965 -
Cash at bank and in hand 167,434 112,603
224,399 112,603
Creditors: amounts falling due within one year 6 (774) (714)
Net current assets 223,625 111,889
Total assets less current liabilities 695,960 539,369
Creditors: amounts falling due after more than one year 7 (650,248) (525,491)
Net assets 45,712 13,878
Capital and reserves
Called up share capital 50 50
Profit and loss account 45,662 13,828
Shareholder's funds 45,712 13,878
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S C Ewers
Director
Approved by the board on 30 April 2025
New Start Living Investments Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land and buildings nil
Fixtures and fittings over 4 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Fixtures and fittings Total
£ £ £
Cost
At 1 April 2024 412,000 - 412,000
Additions - 2,140 2,140
Surplus on revaluation 23,000 - 23,000
At 31 March 2025 435,000 2,140 437,140
Depreciation
Charge for the year - 535 535
At 31 March 2025 - 535 535
Net book value
At 31 March 2025 435,000 1,605 436,605
At 31 March 2024 412,000 - 412,000
4 Investments
Other
investments
£
Cost
At 1 April 2024 15,480
Additions 20,250
At 31 March 2025 35,730
5 Debtors 2025 2024
£ £
Intercompany loan 56,965 -
6 Creditors: amounts falling due within one year 2025 2024
£ £
Other creditors 774 714
7 Creditors: amounts falling due after one year 2025 2024
£ £
Mortgages 219,891 219,891
Directors loan account 207,357 34,600
Intercompany loan 223,000 271,000
650,248 525,491
8 Controlling party
The company is controlled by the director.
9 Other information
New Start Living Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
Rotunda Buildings
Montpellier Exchange
Cheltenham
Glos
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