REGISTERED NUMBER: 06734247 (England and Wales)

NEWGATE INDUSTRIAL & COMMERCIAL SERVICES

LIMITED

Unaudited Financial Statements

For The Period 6 April 2024 to 18 August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

D J Watling

SECRETARY:

D J Watling

REGISTERED OFFICE:

Store House

Lead Road

Greenside

Ryton

Tyne and Wear

NE40 4SW

REGISTERED NUMBER:

06734247 (England and Wales)

ACCOUNTANTS:

Ron Joyce Ltd

Chartered Certified Accountant

18 Norham Road

Whitley Bay

Tyne and Wear

NE26 2SD

FIXED ASSETS

Tangible assets

4

-

35,022

CURRENT ASSETS

Debtors

5

-

97,631

Cash at bank

6,191

115,073

6,191

212,704

CREDITORS

Amounts falling due within one year

6

1,260

32,163

NET CURRENT ASSETS

4,931

180,541

TOTAL ASSETS LESS CURRENT LIABILITIES

4,931

215,563

CREDITORS

Amounts falling due after more than one year

7

-

(6,026

)

PROVISIONS FOR LIABILITIES

10

-

(3,626

)

NET ASSETS

4,931

205,911

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

4,811

205,791

SHAREHOLDERS' FUNDS

4,931

205,911

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 18 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 18 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2025 and were signed by:

D J Watling - Director

1.	STATUTORY INFORMATION

Newgate Industrial & Commercial Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements

There were no judgements made that were significant enough to warrant disclosure.

Turnover

Turnover is stated net of value added tax and represents the total receivable by the company. The revenue is recognised on the raising of a sales invoice on completion of work.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Significant estimates

There were no estimates made that were significant enough to warrant disclosure.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 15 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 6 April 2024

1,757

82,327

1,392

85,476

Additions

283

6,500

-

6,783

Disposals

(2,040

)

(88,827

)

(1,392

)

(92,259

)

At 18 August 2025

-

-

-

-

DEPRECIATION

At 6 April 2024

1,147

48,573

734

50,454

Charge for period

116

6,934

99

7,149

Eliminated on disposal

(1,263

)

(55,507

)

(833

)

(57,603

)

At 18 August 2025

-

-

-

-

NET BOOK VALUE

At 18 August 2025

-

-

-

-

At 5 April 2024

610

33,754

658

35,022

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

83,893

Other debtors

-

13,738

-

97,631

Included in Other debtors are CIS deductions not yet repaid of £0.00 (£11,450- 2024), prepayments of £0.00 (£2,253 - 2024).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

-

5,224

Trade creditors

-

22,928

Taxation and social security

(1,008

)

(13,279

)

Other creditors

2,268

17,290

1,260

32,163

Included in other creditors are amounts owed to the Directors, this year they were owed £312 (£6,734 - 2024).

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

-

6,026

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

-

5,224

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

6,026

The company received a Coronavirus Bounce Back Loan of £25,000. This was repaid in the year.

9.	FINANCIAL INSTRUMENTS

Debtors are shown at their impaired value (i.e. less doubtful debts) and trade creditors are at their carrying value.

Hire purchase contracts taken out by the company are valued at the carrying amount which is determined deducting capital repayments and by adding interest calculated using the effective interest method on an actuarial basis.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

-

3,626

Deferred

tax

£

Balance at 6 April 2024

3,626

Provided during period

(3,626

)

Balance at 18 August 2025

-

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 18 August 2025 set out on pages three to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ron Joyce Ltd

Chartered Certified Accountant

18 Norham Road

Whitley Bay

Tyne and Wear

NE26 2SD

20 November 2025