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REGISTERED NUMBER: 08214722 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30th September 2024

for

Newland Bar & Grill Limited

Newland Bar & Grill Limited (Registered number: 08214722)






Contents of the Financial Statements
for the year ended 30th September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Newland Bar & Grill Limited

Company Information
for the year ended 30th September 2024







DIRECTOR: K S Nagra



REGISTERED OFFICE: Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX



REGISTERED NUMBER: 08214722 (England and Wales)



ACCOUNTANTS: Sadofskys
Chartered Accountants
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX



BANKERS: Lloyds Bank plc
1 Grand Buildings
Jameson Street
Hull
East Yorkshire
HU1 3JX

Newland Bar & Grill Limited (Registered number: 08214722)

Abridged Balance Sheet
30th September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 350,000 350,000

CURRENT ASSETS
Debtors 5,691 3,826
Cash at bank 1,507 4,426
7,198 8,252
CREDITORS
Amounts falling due within one year 235,501 133,088
NET CURRENT LIABILITIES (228,303 ) (124,836 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,697

225,164

CREDITORS
Amounts falling due after more than one
year

1,000

119,670
NET ASSETS 120,697 105,494

CAPITAL AND RESERVES
Called up share capital 6 4 4
Fair value reserve 7 (124,664 ) (124,664 )
Retained earnings 245,357 230,154
SHAREHOLDERS' FUNDS 120,697 105,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 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.

Newland Bar & Grill Limited (Registered number: 08214722)

Abridged Balance Sheet - continued
30th September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26th June 2025 and were signed by:





K S Nagra - Director


Newland Bar & Grill Limited (Registered number: 08214722)

Notes to the Financial Statements
for the year ended 30th September 2024

1. STATUTORY INFORMATION

Newland Bar & Grill 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Rental income
Rental income is recognised using the accruals model and demonstrates the value of the consideration received or receivable, excluding any rebates.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Newland Bar & Grill Limited (Registered number: 08214722)

Notes to the Financial Statements - continued
for the year ended 30th September 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2023
and 30th September 2024 507,096
DEPRECIATION
At 1st October 2023
and 30th September 2024 157,096
NET BOOK VALUE
At 30th September 2024 350,000
At 30th September 2023 350,000

Fair value at 30th September 2024 is represented by:
£   
Valuation in 2019 (124,664 )
Cost 631,760
507,096

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   

The bank loans are secured by way of a fixed and floating charge over the company's assets.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4

7. RESERVES
Fair
value
reserve
£   
At 1st October 2023
and 30th September 2024 (124,664 )

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Newland Bar & Grill Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Newland Bar & Grill Limited for the year ended 30th September 2024 which comprise the Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Newland Bar & Grill Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Newland Bar & Grill Limited and state those matters that we have agreed to state to the director of Newland Bar & Grill Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Newland Bar & Grill Limited and its director for our work or for this report.

It is your duty to ensure that Newland Bar & Grill Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Newland Bar & Grill Limited. You consider that Newland Bar & Grill Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Newland Bar & Grill Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sadofskys
Chartered Accountants
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX


26th June 2025