NEWLIFTS LTD

Company Registration Number:
12899661 (England and Wales)

Unaudited micro entity accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

NEWLIFTS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

NEWLIFTS LTD

Company Information

for the Period Ended 31 March 2025




Director: Iliya Shterev
Registered office: 87
Churchbury Road
London
England
SE9 5HX
Company Registration Number: 12899661 (England and Wales)

NEWLIFTS LTD

Directors' Report Period Ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal Activities

The company's principal activity during the period was the providing the provision of professional building services and maintenance and repairs of lift systems.

Political and charitable donations

The company's charitable donations during the period amounted to £0. No political donations were made.

Company policy on the employment of disabled persons

The company policy is to employ disabled people wherever practical. None full-time member of staff is registered disabled.

Directors

The directors shown below have held office during the whole of the period from 01 April 2024 to 31 March 2025
Iliya Shterev

This report was approved by the board of directors on 10 September 2025
And Signed On Behalf Of The Board By:

Name: Iliya Shterev
Status: Director

NEWLIFTS LTD

Profit and Loss Account

for the Period Ended 31 March 2025


2025
£

2024
£
Turnover 68,834 69,166
Cost of Materials ( 1,581 ) ( 2,719 )
Staff Costs ( 37,592 ) ( 36,000 )
Depreciation and Writeoffs ( 2,189 ) ( 2,493 )
Other charges ( 7,025 ) ( 8,218 )
Tax on Profit ( 4,301 ) ( 3,981 )
Profit or (Loss) for Period 16,146 15,755

NEWLIFTS LTD

Balance sheet

As at 31 March 2025


2025
£

2024
£
Fixed Assets: 6,567 8,756
Current assets: 35,674 47,937
Net current assets (liabilities): 35,674 47,937
Total assets less current liabilities: 42,241 56,693
Creditors: amounts falling due after more than one year: ( 2,500 ) ( 2,500 )
Provision for liabilities: ( 4,301 ) ( 3,981 )
Total net assets (liabilities): 35,440 50,212
Capital and reserves: 35,440 50,212

NEWLIFTS LTD

Balance sheet continued

For the year ending 31 March 2025 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 10 September 2025
And Signed On Behalf Of The Board By:

Name: Iliya Shterev
Status: Director

The notes form part of these financial statements

NEWLIFTS LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Employee Information

    Average number of employees: 3

NEWLIFTS LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Off balance sheet disclosure

    No