REGISTERED NUMBER: SC392389 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

New Street Trustees Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P A Wylie

SECRETARY:

P A Wylie

REGISTERED OFFICE:

26 New Street

Paisley

Renfrewshire

PA1 1YB

REGISTERED NUMBER:

SC392389 (Scotland)

ACCOUNTANTS:

Gerber Landa & Gee

Chartered Accountants

Pavilion 1

Finnieston Business Park

Minerva Way

GLASGOW

G3 8AU

FIXED ASSETS

Tangible assets

4

5,111

1,822

CURRENT ASSETS

Debtors

5

18,056

12,208

Cash at bank

6,322

56

24,378

12,264

CREDITORS

Amounts falling due within one year

6

72,529

42,645

NET CURRENT LIABILITIES

(48,151

)

(30,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(43,040

)

(28,559

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(43,140

)

(28,659

)

SHAREHOLDERS' FUNDS

(43,040

)

(28,559

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 April 2026 and were signed by:

P A Wylie - Director

1.	STATUTORY INFORMATION

New Street Trustees Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

- Plant & Machinery at 15% on cost

- Motor vehicles at 25% reducing balance

- Computer equipment at 25% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

34,265

Additions

4,680

At 30 April 2025

38,945

DEPRECIATION

At 1 May 2024

32,443

Charge for year

1,391

At 30 April 2025

33,834

NET BOOK VALUE

At 30 April 2025

5,111

At 30 April 2024

1,822

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other debtors

18,056

12,208

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

600

-

Taxation and social security

1,694

-

Other creditors

70,235

42,645

72,529

42,645