REGISTERED NUMBER: 03215146 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

NEW DAWN DEVELOPMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D C Eldridge

SECRETARY:

Mrs L A Eldridge

REGISTERED OFFICE:

Winch Hill House

Winch Hill

Luton

Beds

LU2 8PB

REGISTERED NUMBER:

03215146 (England and Wales)

ACCOUNTANTS:

Bradshaw Johnson

Chartered Accountants

Croft Chambers

11 Bancroft

Hitchin

Hertfordshire

SG5 1JQ

FIXED ASSETS

Tangible assets

3

627,157

51,056

CURRENT ASSETS

Stocks

468,629

218,639

Debtors

4

28,308

19,260

Cash at bank

1,301,993

2,200,369

1,798,930

2,438,268

CREDITORS

Amounts falling due within one year

5

38,030

20,640

NET CURRENT ASSETS

1,760,900

2,417,628

TOTAL ASSETS LESS CURRENT LIABILITIES

2,388,057

2,468,684

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,388,055

2,468,682

2,388,057

2,468,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2025 and were signed by:

D C Eldridge - Director

1.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

- 25% on reducing balance

Fixtures and fittings

- 25% on reducing balance

Motor vehicles

- 25% on reducing balance

Computer equipment

- 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 June 2024

-

869

84,378

Additions

580,000

-

7,233

At 31 May 2025

580,000

869

91,611

DEPRECIATION

At 1 June 2024

-

190

53,434

Charge for year

-

120

8,710

At 31 May 2025

-

310

62,144

NET BOOK VALUE

At 31 May 2025

580,000

559

29,467

At 31 May 2024

-

679

30,944

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

55,484

5,109

145,840

Additions

-

3,200

590,433

At 31 May 2025

55,484

8,309

736,273

DEPRECIATION

At 1 June 2024

38,256

2,904

94,784

Charge for year

4,307

1,195

14,332

At 31 May 2025

42,563

4,099

109,116

NET BOOK VALUE

At 31 May 2025

12,921

4,210

627,157

At 31 May 2024

17,228

2,205

51,056

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

28,308

19,260

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

17,469

1,606

Other creditors

20,561

19,034

38,030

20,640