23 September 2023 false No description of principal activity Taxfiler 2024.6 15159074business:PrivateLimitedCompanyLtd2023-09-232024-09-30 151590742023-09-22 151590742023-09-232024-09-30 15159074business:AuditExemptWithAccountantsReport2023-09-232024-09-30 15159074business:FilletedAccounts2023-09-232024-09-30 151590742024-09-30 15159074business:Director12023-09-232024-09-30 15159074business:RegisteredOffice2023-09-232024-09-30 15159074core:WithinOneYear2024-09-30 15159074core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 15159074core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 15159074core:PreviouslyStatedAmount2024-09-30 15159074business:SmallEntities2023-09-232024-09-30 15159074countries:EnglandWales2023-09-232024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 15159074 (England and Wales)
New Foundations Homes Ltd Unaudited accounts for the period from 23 September 2023 to 30 September 2024
New Foundations Homes Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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New Foundations Homes Ltd Company Information for the period from 23 September 2023 to 30 September 2024
Director
ABRAHAMS, Mark Ashley
Company Number
15159074 (England and Wales)
Registered Office
Three Gables Corner Hall Hemel Hempstead Hertfordshire HP3 9HN United Kingdom
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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New Foundations Homes Ltd Statement of financial position as at 30 September 2024
2024 
Notes
£ 
Current assets
Debtors
4
10,617 
Cash at bank and in hand
136,253 
146,870 
Creditors: amounts falling due within one year
5
(48,336)
Net current assets
98,534 
Net assets
98,534 
Capital and reserves
Called up share capital
1 
Profit and loss account
98,533 
Shareholders' funds
98,534 
For the period ending 30 September 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 24 August 2025 and were signed on its behalf by
ABRAHAMS, Mark Ashley Director Company Registration No. 15159074
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New Foundations Homes Ltd Notes to the Accounts for the period from 23 September 2023 to 30 September 2024
1
Statutory information
New Foundations Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 15159074. The registered office is Three Gables, Corner Hall, Hemel Hempstead, Hertfordshire, HP3 9HN, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
4
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
10,617 
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
3,161 
Trade creditors
565 
Taxes and social security
30,747 
Loans from directors
11,363 
Accruals
2,500 
48,336 
6
Average number of employees
During the period the average number of employees was 2.
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