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Company Registration No. 13975815 (England and Wales)
NEW LIFE & NEW CHOICE LTD Unaudited accounts for the year ended 31 March 2025
NEW LIFE & NEW CHOICE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NEW LIFE & NEW CHOICE LTD Company Information for the year ended 31 March 2025
Directors
H N Fong
Company Number
13975815 (England and Wales)
Registered Office
6 GREEN STREET NEATH SA11 1DR WALES
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NEW LIFE & NEW CHOICE LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
7,000
8,000
Tangible assets
5
2,654
3,944
9,654
11,944
Current assets
Inventories
7,332
7,130
Cash at bank and in hand
2,529
1,479
9,861
8,609
Net current assets
9,861
8,609
Total assets less current liabilities
19,515
20,553
Creditors: amounts falling due after more than one year
6
(42,357)
(44,039)
Net liabilities
(22,842)
(23,486)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(22,843)
(23,487)
Shareholders' funds
(22,842)
(23,486)
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 31 December 2025 and were signed on its behalf by
H N Fong Director Company Registration No. 13975815
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NEW LIFE & NEW CHOICE LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
NEW LIFE & NEW CHOICE LTD is a private company, limited by shares, registered in England and Wales, registration number 13975815. The registered office is 6 GREEN STREET, NEATH, SA11 1DR, WALES.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 10 years.
Fixtures & fittings
20% SL
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
10,000
At 31 March 2025
10,000
Amortisation
At 1 April 2024
2,000
Charge for the year
1,000
At 31 March 2025
3,000
Net book value
At 31 March 2025
7,000
At 31 March 2024
8,000
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NEW LIFE & NEW CHOICE LTD Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
6,453
At 31 March 2025
6,453
Depreciation
At 1 April 2024
2,509
Charge for the year
1,290
At 31 March 2025
3,799
Net book value
At 31 March 2025
2,654
At 31 March 2024
3,944
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Taxes and social security
542
510
Loans from directors
41,134
43,529
Accruals
681
-
42,357
44,039
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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