Company Registration No. 14405229 (England and Wales)
Something New Enterprises Ltd
Unaudited accounts
for the year ended 31 October 2024
Something New Enterprises Ltd
Unaudited accounts
Contents
Something New Enterprises Ltd
Company Information
for the year ended 31 October 2024
Directors
N. Kalayci
D. Winkle
Company Number
14405229 (England and Wales)
Registered Office
Express Accounts
61 Albert Street
Rugby
Warwickshire
CV21 2SN
England
Accountants
Winkle and Co Accountants
61 Albert Street
Rugby
CV21 2SN
Something New Enterprises Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
29,737
34,887
Cash at bank and in hand
591
606
Creditors: amounts falling due within one year
(73,485)
(61,149)
Net current liabilities
(71,614)
(59,991)
Net liabilities
(41,877)
(25,104)
Called up share capital
100
100
Profit and loss account
(41,977)
(25,204)
Shareholders' funds
(41,877)
(25,104)
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by
D. Winkle
Director
Company Registration No. 14405229
Something New Enterprises Ltd
Notes to the Accounts
for the year ended 31 October 2024
Something New Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 14405229. The registered office is Express Accounts, 61 Albert Street, Rugby, Warwickshire, CV21 2SN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
6,015
39,699
45,714
At 31 October 2024
9,615
39,699
49,314
At 1 November 2023
902
9,925
10,827
Charge for the year
1,307
7,443
8,750
At 31 October 2024
2,209
17,368
19,577
At 31 October 2024
7,406
22,331
29,737
At 31 October 2023
5,113
29,774
34,887
Something New Enterprises Ltd
Notes to the Accounts
for the year ended 31 October 2024
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
13,233
19,850
Trade creditors
6,678
4,320
Loans from directors
53,574
36,979
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Average number of employees
During the year the average number of employees was 0 (2023: 0).