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Company Registration No. 07189605 (England and Wales)
Newredo Ltd Unaudited accounts for the year ended 31 December 2024
Newredo Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Newredo Ltd Company Information for the year ended 31 December 2024
Director
R D Brayshay
Company Number
07189605 (England and Wales)
Registered Office
c/o Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton BD23 3SE
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
- 3 -
Newredo Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
18,896 
25,194 
Current assets
Inventories
28,772 
8,879 
Debtors
5
86,932 
109,305 
Cash at bank and in hand
(18,506)
11,321 
97,198 
129,505 
Creditors: amounts falling due within one year
6
(168,164)
(121,317)
Net current (liabilities)/assets
(70,966)
8,188 
Total assets less current liabilities
(52,070)
33,382 
Creditors: amounts falling due after more than one year
7
- 
(24,567)
Net (liabilities)/assets
(52,070)
8,815 
Capital and reserves
Called up share capital
8
11 
11 
Share premium
10 
10 
Profit and loss account
(52,091)
8,794 
Shareholders' funds
(52,070)
8,815 
For the year ending 31 December 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 23 September 2025 and were signed on its behalf by
R D Brayshay Director Company Registration No. 07189605
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Newredo Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Newredo Ltd is a private company, limited by shares, registered in England and Wales, registration number 07189605. The registered office is c/o Pearson & Associates, Suite E, Canal Wharf, Eshton Road, Gargrave, Skipton, BD23 3SE.
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 remained unchanged from the previous year, and also 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.
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:
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
22,057 
11,703 
33,760 
At 31 December 2024
22,057 
11,703 
33,760 
Depreciation
At 1 January 2024
15 
8,551 
8,566 
Charge for the year
5,510 
788 
6,298 
At 31 December 2024
5,525 
9,339 
14,864 
Net book value
At 31 December 2024
16,532 
2,364 
18,896 
At 31 December 2023
22,042 
3,152 
25,194 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,532 
38,275 
Accrued income and prepayments
2,225 
2,544 
Other debtors
75,175 
68,486 
86,932 
109,305 
- 5 -
Newredo Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
32,140 
9,600 
Trade creditors
13,229 
13,753 
Taxes and social security
111,666 
69,093 
Other creditors
16,380 
16,684 
Loans from directors
(17,438)
- 
Accruals
12,187 
12,187 
168,164 
121,317 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
24,567 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
11 Ordinary shares of £1 each
11 
11 
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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