Company Registration No. 08338929 (England and Wales)
New Enterprise Retail Ltd
Unaudited accounts
for the year ended 31 March 2025
New Enterprise Retail Ltd
Unaudited accounts
Contents
New Enterprise Retail Ltd
Company Information
for the year ended 31 March 2025
Directors
DAVID WINSTON PLAYER
David Winston Player
Company Number
08338929 (England and Wales)
Registered Office
22 Regent st Kingswood
Bristol
BS15 8JN
Accountants
Pearson Associates Ltd
31 Meareway
Meare
Glastonbury
BA6 9TY
New Enterprise Retail Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
6,206
4,852
Cash at bank and in hand
20,267
29,092
Creditors: amounts falling due within one year
(68,723)
(92,198)
Net current assets
35,098
20,394
Total assets less current liabilities
41,304
25,246
Creditors: amounts falling due after more than one year
(47,821)
(35,344)
Provisions for liabilities
Net liabilities
(7,514)
(11,095)
Called up share capital
14,741
14,741
Profit and loss account
(21,255)
(25,836)
Shareholders' funds
(7,514)
(11,095)
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by
DAVID WINSTON PLAYER
Director
Company Registration No. 08338929
New Enterprise Retail Ltd
Notes to the Accounts
for the year ended 31 March 2025
New Enterprise Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 08338929. The registered office is 22 Regent st Kingswood, Bristol, BS15 8JN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
1,119
4,566
6,825
12,510
Additions
23
868
789
1,680
At 31 March 2025
1,142
5,434
7,614
14,190
At 1 April 2024
1,096
3,529
3,033
7,658
Charge for the year
12
314
-
326
At 31 March 2025
1,108
3,843
3,033
7,984
At 31 March 2025
34
1,591
4,581
6,206
At 31 March 2024
23
1,037
3,792
4,852
New Enterprise Retail Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
2,307
2,620
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
(4,548)
-
Trade creditors
71,991
30,354
Taxes and social security
1,280
2,250
Loans from directors
-
59,744
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
47,821
-
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Average number of employees
During the year the average number of employees was 3 (2024: 3).