REGISTERED NUMBER: 05058771 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

New Avenue Projects Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Weiss

SECRETARY:

N Weiss

REGISTERED OFFICE:

Foxwood Hall Plaistow Road

Loxwood

Billingshurst

RH14 0TZ

REGISTERED NUMBER:

05058771 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Intangible assets

4

106,653

127,554

Tangible assets

5

10,994

14,659

117,647

142,213

CURRENT ASSETS

Debtors

6

568

79

Cash at bank

37,327

820,032

37,895

820,111

CREDITORS

Amounts falling due within one year

7

(58,028

)

(863,865

)

NET CURRENT LIABILITIES

(20,133

)

(43,754

)

TOTAL ASSETS LESS CURRENT LIABILITIES

97,514

98,459

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

97,508

98,453

SHAREHOLDERS' FUNDS

97,514

98,459

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 January 2026 and were signed by:

N Weiss - Director

1.	STATUTORY INFORMATION

New Avenue Projects 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

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

444,714

AMORTISATION

At 1 April 2024

317,160

Charge for year

20,901

At 31 March 2025

338,061

NET BOOK VALUE

At 31 March 2025

106,653

At 31 March 2024

127,554

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

18,942

5,219

24,161

DEPRECIATION

At 1 April 2024

4,735

4,767

9,502

Charge for year

3,552

113

3,665

At 31 March 2025

8,287

4,880

13,167

NET BOOK VALUE

At 31 March 2025

10,655

339

10,994

At 31 March 2024

14,207

452

14,659

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

VAT

568

79

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,408

16,452

Trade creditors

-

1,178

Tax

477

-

Other creditors

-

761,333

Directors' current accounts

44,833

81,442

Accrued expenses

2,310

3,460

58,028

863,865

8.	RELATED PARTY DISCLOSURES

At the year end the company owed N Weiss £44,833 (2024: £81,442)