2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,950 1,950 73 73 1,877 xbrli:pure xbrli:shares iso4217:GBP 9029560 2023-06-01 2024-05-31 9029560 2024-05-31 9029560 2023-05-31 9029560 2022-06-01 2023-05-31 9029560 2023-05-31 9029560 2022-05-31 9029560 core:PlantMachinery 2023-06-01 2024-05-31 9029560 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 9029560 bus:Director1 2023-06-01 2024-05-31 9029560 core:PlantMachinery 2024-05-31 9029560 core:WithinOneYear 2024-05-31 9029560 core:WithinOneYear 2023-05-31 9029560 core:ShareCapital 2024-05-31 9029560 core:ShareCapital 2023-05-31 9029560 core:RetainedEarningsAccumulatedLosses 2024-05-31 9029560 core:RetainedEarningsAccumulatedLosses 2023-05-31 9029560 bus:SmallEntities 2023-06-01 2024-05-31 9029560 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 9029560 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 9029560 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 9029560 bus:FullAccounts 2023-06-01 2024-05-31
COMPANY REGISTRATION NUMBER: 9029560
NEW BLINDS, SHUTTERS & AWNINGS LTD
Filleted Unaudited Financial Statements
31 May 2024
NEW BLINDS, SHUTTERS & AWNINGS LTD
Financial Statements
Year ended 31 May 2024
Contents
Page
Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements
1
Statement of financial position
2
Notes to the financial statements
4
NEW BLINDS, SHUTTERS & AWNINGS LTD
Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of NEW BLINDS, SHUTTERS & AWNINGS LTD
Year ended 31 May 2024
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 May 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
HARPER SHELDON LIMITED Chartered accountants
Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ
25 June 2025
NEW BLINDS, SHUTTERS & AWNINGS LTD
Statement of Financial Position
31 May 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
1,877
Current assets
Debtors
6
78,949
47,051
Cash at bank and in hand
33,983
91,736
---------
---------
112,932
138,787
Creditors: amounts falling due within one year
7
( 27,589)
( 62,273)
---------
---------
Net current assets
85,343
76,514
--------
--------
Total assets less current liabilities
87,220
76,514
--------
--------
Net assets
87,220
76,514
--------
--------
NEW BLINDS, SHUTTERS & AWNINGS LTD
Statement of Financial Position (continued)
31 May 2024
2024
2023
Note
£
£
Capital and reserves
Called up share capital
100
100
Profit and loss account
87,120
76,414
--------
--------
Shareholders funds
87,220
76,514
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 25 June 2025 , and are signed on behalf of the board by:
E.L. Kent
Director
Company registration number: 9029560
NEW BLINDS, SHUTTERS & AWNINGS LTD
Notes to the Financial Statements
Year ended 31 May 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Midway House, Staverton Technology Park, Herrick Way, Staverton, Cheltenham, Glos, GL51 6TQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
15% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets
Plant and machinery
£
Cost
At 1 June 2023
Additions
1,950
-------
At 31 May 2024
1,950
-------
Depreciation
At 1 June 2023
Charge for the year
73
-------
At 31 May 2024
73
-------
Carrying amount
At 31 May 2024
1,877
-------
At 31 May 2023
-------
6. Debtors
2024
2023
£
£
Trade debtors
1,060
6,635
Other debtors
77,889
40,416
--------
--------
78,949
47,051
--------
--------
Other debtors include an amount of £76,894 (2023 - £40,416) due from a director's sole trader business.
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
2,728
15,184
Social security and other taxes
19,713
35,549
Other creditors
5,148
11,540
--------
--------
27,589
62,273
--------
--------