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REGISTERED NUMBER: 07392498 (England and Wales)
























NEWDECADE AUDIO VISUAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024






NEWDECADE AUDIO VISUAL LIMITED (REGISTERED NUMBER: 07392498)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


NEWDECADE AUDIO VISUAL LIMITED (REGISTERED NUMBER: 07392498)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,966 2,621

CURRENT ASSETS
Cash at bank 2,497 94

CREDITORS
Amounts falling due within one year 5 28,248 28,151
NET CURRENT LIABILITIES (25,751 ) (28,057 )
TOTAL ASSETS LESS CURRENT LIABILITIES (23,785 ) (25,436 )

CREDITORS
Amounts falling due after more than one
year

6

800

1,418
NET LIABILITIES (24,585 ) (26,854 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (24,685 ) (26,954 )
(24,585 ) (26,854 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 8 July 2025 and were signed by:





J Saunders - Director


NEWDECADE AUDIO VISUAL LIMITED (REGISTERED NUMBER: 07392498)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Newdecade Audio Visual Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07392498

Registered office: 6-7 Castle Gate
Castle Street
Hertford
Hertfordshire

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

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.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

NEWDECADE AUDIO VISUAL LIMITED (REGISTERED NUMBER: 07392498)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 4,384 15,996 20,380
DEPRECIATION
At 1 November 2023 3,186 14,573 17,759
Charge for year 299 356 655
At 31 October 2024 3,485 14,929 18,414
NET BOOK VALUE
At 31 October 2024 899 1,067 1,966
At 31 October 2023 1,198 1,423 2,621

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 844 -
Taxation and social security 1,730 436
Other creditors 25,674 27,715
28,248 28,151

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 800 1,418

7. RELATED PARTY DISCLOSURES

During the year, Mr Saunders (Director) loaned the company money with no set repayment date. At the year end the amount due from the company to the director was £26,655 (2022: £20,445).

8. ULTIMATE CONTROLLING PARTY

Mr J. J. Saunders is the ultimate controlling party by virtue of owning 100% of the issued ordinary share capital.

9. GOING CONCERN

The director recognises that the company has an insolvent balance sheet and confirms that they will support the company until it is in a solvent position again.