Company Registration No. 07627950 (England and Wales)
Newark Ltd
Unaudited accounts
for the year ended 31 May 2025
Newark Ltd
Unaudited accounts
Contents
Newark Ltd
Company Information
for the year ended 31 May 2025
Director
Mehul Ramanbhai Patel
Company Number
07627950 (England and Wales)
Registered Office
5, Central Parade
Station Road
BEXLEY
KENT
DA15 7DH
United Kingdom
Accountants
Relax Tax Limited
5 Central Parade
Station Road
Sidcup
Kent
DA15 7DH
Newark Ltd
Statement of financial position
as at 31 May 2025
Investments
395,643
451,364
Cash at bank and in hand
130,234
71,094
Creditors: amounts falling due within one year
(734)
(1,125)
Net current assets
527,143
521,333
Net assets
527,143
521,333
Called up share capital
100
100
Profit and loss account
527,043
521,233
Shareholders' funds
527,143
521,333
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 7 July 2025 and were signed on its behalf by
Mehul Ramanbhai Patel
Director
Company Registration No. 07627950
Newark Ltd
Notes to the Accounts
for the year ended 31 May 2025
Newark Ltd is a private company, limited by shares, registered in England and Wales, registration number 07627950. The registered office is 5, Central Parade, Station Road, BEXLEY, KENT, DA15 7DH, United Kingdom.
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:
Plant & machinery
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
2,000
-
6
Investments held as current assets
2025
2024
Listed investments
395,643
451,364
Newark Ltd
Notes to the Accounts
for the year ended 31 May 2025
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
165
Loans from directors
734
-
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).