Company Registration No. 12798923 (England and Wales)
New Spring Lodge Int Ltd
Unaudited accounts
for the year ended 31 August 2024
New Spring Lodge Int Ltd
Unaudited accounts
Contents
New Spring Lodge Int Ltd
Company Information
for the year ended 31 August 2024
Company Number
12798923 (England and Wales)
Registered Office
1166 London Road
Derby
DE24 8QG
United Kingdom
New Spring Lodge Int Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
84,816
89,670
Cash at bank and in hand
854,153
505,523
Creditors: amounts falling due within one year
(354,682)
(367,883)
Net current assets
504,110
198,837
Total assets less current liabilities
588,926
288,507
Creditors: amounts falling due after more than one year
(242,034)
(44,151)
Net assets
346,892
244,356
Called up share capital
100
100
Profit and loss account
346,792
244,256
Shareholders' funds
346,892
244,356
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 28 August 2025 and were signed on its behalf by
Ghulam MURTAZA
Director
Company Registration No. 12798923
New Spring Lodge Int Ltd
Notes to the Accounts
for the year ended 31 August 2024
New Spring Lodge Int Ltd is a private company, limited by shares, registered in England and Wales, registration number 12798923. The registered office is 1166 London Road, Derby, DE24 8QG, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 Years
Computer equipment
5 Years
New Spring Lodge Int Ltd
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 September 2023
57,282
1,443
3,750
38,145
33,288
133,908
Additions
16,350
-
-
-
-
16,350
At 31 August 2024
73,632
1,443
3,750
38,145
33,288
150,258
At 1 September 2023
17,185
619
750
12,472
13,212
44,238
Charge for the year
11,289
165
600
5,135
4,015
21,204
At 31 August 2024
28,474
784
1,350
17,607
17,227
65,442
At 31 August 2024
45,158
659
2,400
20,538
16,061
84,816
At 31 August 2023
40,097
824
3,000
25,673
20,076
89,670
Amounts falling due within one year
Other debtors
4,226
60,926
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
33,092
29,586
Trade creditors
22,406
9,834
Taxes and social security
34,585
21,589
7
Creditors: amounts falling due after more than one year
2024
2023
Trade creditors
44,151
44,151
Loans from directors
165,290
-
Ghulam Murtaza the director, control the company by virtue of 100% of the issued ordinary share capital.
9
Average number of employees
During the year the average number of employees was 35 (2023: 30).