REGISTERED NUMBER: 07332221 (England and Wales)

Neworld Consultancy Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTORS:

T Ahmed

H Ahmed

REGISTERED OFFICE:

1 Hillside

Chesham

Buckinghamshire

HP5 2PQ

REGISTERED NUMBER:

07332221 (England and Wales)

ACCOUNTANTS:

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Neworld Consultancy Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Neworld Consultancy Limited, as a body, in accordance with the terms of our engagement letter dated 23 August 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Neworld Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of Neworld Consultancy Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Neworld Consultancy Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Neworld Consultancy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Neworld Consultancy Limited. You consider that Neworld Consultancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Neworld Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

Date: .............................................

FIXED ASSETS

Intangible assets

4

8,457

-

Tangible assets

5

47,853

48,588

56,310

48,588

CURRENT ASSETS

Debtors

6

59,919

86,127

Cash at bank

667

247,712

60,586

333,839

CREDITORS

Amounts falling due within one year

7

47,881

53,472

NET CURRENT ASSETS

12,705

280,367

TOTAL ASSETS LESS CURRENT LIABILITIES

69,015

328,955

CREDITORS

Amounts falling due after more than one year

8

35,440

28,750

NET ASSETS

33,575

300,205

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

33,565

300,195

SHAREHOLDERS' FUNDS

33,575

300,205

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

T Ahmed - Director

1.	STATUTORY INFORMATION

Neworld Consultancy 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.

Turnover

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

Goodwill

Intangibles, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

2% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

8,457

At 31 March 2025

8,457

NET BOOK VALUE

At 31 March 2025

8,457

5.	TANGIBLE FIXED ASSETS

Improvements

to

Motor

Computer

property

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

17,575

54,500

12,658

84,733

Additions

-

45,995

-

45,995

Disposals

-

(54,500

)

-

(54,500

)

At 31 March 2025

17,575

45,995

12,658

76,228

DEPRECIATION

At 1 April 2024

3,867

19,620

12,658

36,145

Charge for year

351

11,499

-

11,850

Eliminated on disposal

-

(19,620

)

-

(19,620

)

At 31 March 2025

4,218

11,499

12,658

28,375

NET BOOK VALUE

At 31 March 2025

13,357

34,496

-

47,853

At 31 March 2024

13,708

34,880

-

48,588

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

54,500

Disposals

(54,500

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

19,620

Eliminated on disposal

(19,620

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

34,880

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Trade debtors

119,919

111,127

Bad debt provision

(60,000

)

(25,000

)

59,919

86,127

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Hire purchase contracts

5,370

5,743

Amounts owed to participating interests

39,214

25,046

Corporation tax

(8,482

)

11,916

Social security and other taxes

5,644

4,633

Accruals and deferred income

6,135

6,134

47,881

53,472

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as

restated

£

£

Hire purchase contracts

35,440

28,750

9.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount due to Neworld Holdings Ltd. At the year end, the amount owed to Neworld Holdings Ltd was £39,214 (2024: £25,046). This loan is unsecured, interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Neworld Holdings Ltd. a company, which owns 100% of the share capital.