Newlands Store Limited

Newlands Store Limited
Statement of Financial Position
As at 31 January 2025

	2025		2024
	£	£	£	£
Fixed assets		67,913		83,202
Current assets	69,097		56,315
Creditors: amount falling due within one year	(60,376)		(61,665)
Net current assets		8,721		(5,350)
Total assets less current liabilities		76,634		77,852
Net assets		76,634		77,852


Capital and reserves		76,634		77,852

NOTES TO THE ACCOUNTS

General Information

Newlands Store Limited is a private company, limited by shares, registered in England and Wales, registration number 05292124, registration address 18 Albert Drive, Morley, Leeds, West Yorkshire, LS27 8SF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.	Director’s loan

Director's

At 31 January 2025, the Director's Loan Account of £53,068 (2024: £52,872) is unsecured, repayable on demand and currently interest free. During the period the director incurred the following transactions:

Director's Loan Account		Balance b/fwd £		Advances £		Credits £		Balance C/fwd £ £
Director		(52,872)		24,994		(25,140)		(53,068)

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 05 August 2025 and were signed by:

--------------------------------
J Patel
Director

Registered Number: 05292124
England and Wales
NEWLANDS STORE LIMITED

Abridged Accounts

Period of accounts Start date: 01 February 2024 End date: 31 January 2025