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Company Registration No. 10767748 (England and Wales)
New Look Traders Ltd Unaudited accounts for the year ended 31 May 2025
New Look Traders Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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New Look Traders Ltd Company Information for the year ended 31 May 2025
Director
Artem Bayzan
Company Number
10767748 (England and Wales)
Registered Office
186 Crofton Road Orpington Kent BR6 8JG England
Accountants
R&S Activity Limited 27-43 Eastern Road St James House Romford United Kingdom RM1 3NH
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New Look Traders Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Called up share capital not paid
1
1
Fixed assets
Tangible assets
4
2,437
3,562
Current assets
Debtors
5
2,242
787
Cash at bank and in hand
3,514
5,681
5,756
6,468
Creditors: amounts falling due within one year
6
(10,185)
(9,858)
Net current liabilities
(4,429)
(3,390)
Total assets less current liabilities
(1,991)
173
Creditors: amounts falling due after more than one year
7
(385)
(2,466)
Net liabilities
(2,376)
(2,293)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(2,377)
(2,294)
Shareholders' funds
(2,376)
(2,293)
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 25 February 2026 and were signed on its behalf by
Artem Bayzan Director Company Registration No. 10767748
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New Look Traders Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
New Look Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 10767748. The registered office is 186 Crofton Road, Orpington, Kent, BR6 8JG, England.
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:
Motor vehicles
25%
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 June 2024
4,500
At 31 May 2025
4,500
Depreciation
At 1 June 2024
938
Charge for the year
1,125
At 31 May 2025
2,063
Net book value
At 31 May 2025
2,437
At 31 May 2024
3,562
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
787
Trade debtors
2,242
-
2,242
787
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New Look Traders Ltd Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,000
2,000
VAT
52
-
Taxes and social security
140
-
Other creditors
2,260
2,358
Loans from directors
5,433
5,200
Accruals
300
300
10,185
9,858
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
385
2,466
8
Average number of employees
During the year the average number of employees was 1 (2024: 2).
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