Newhouse_Store_Ltd_30_Nov_2025_companies_house_set_of

Newhouse Store Ltd

Report to the board of directors on the preparation of the unaudited statutory financial statements of Newhouse Store Ltd

Period ended

30 November 2025

As described on the statement of financial position, the Board of Directors of

Newhouse Store Ltd

are responsible for the preparation of the

financial statements

for the period ended

30 November 2025

, which comprise the income statement, statement of financial position, statement of changes in equity and related notes.

You consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.

NKA Chartered Certified Accountants

4 Lynedoch Place

Glasgow

G3 6AB

United Kingdom

Date:

14 August 2026

Newhouse Store Ltd

Statement of Financial Position

30 November 2025

		30 Nov 2025
	Note	£
Fixed assets
Intangible assets	5	298,667
Tangible assets	6	10,910
		309,577
Current assets
Stocks		100,711
Debtors	7	10,220
Cash at bank and in hand		92,027
		202,958
Creditors: amounts falling due within one year	8	(185,709	)
Net current assets		17,249
Total assets less current liabilities		326,826
Capital and reserves
Called up share capital		10
Share premium		325,963
Profit and loss account		853
Shareholders funds		326,826

For the period ending

30 November 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

14 August 2026

, and are signed on behalf of the board by:



B Nijjer	R Nijjer
Director	Director

Company registration number:

SC829053

Newhouse Store Ltd

Notes to the Financial Statements

Period ended

30 November 2025

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is

4-6 Dalry Road

Kilbirnie

KA25 6HY

, Scotland.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.

Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation.

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill

15 years

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery	15% straight line
Fixtures and fittings	15% straight line
Office equipment	15% straight line
Motor vehicles	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the period was

5 Intangible assets

	Goodwill
	£
Cost
At 15 November 2024	-
Additions	320,000
At 30 November 2025	320,000
Amortisation
At 15 November 2024	-
Charge	21,333
At 30 November 2025	21,333
Carrying amount
At 30 November 2025	298,667

6 Tangible assets

	Plant and machinery etc.
	£
Cost
At 15 November 2024	-
Additions	13,339
At 30 November 2025	13,339
Depreciation
At 15 November 2024	-
Charge	2,429
At 30 November 2025	2,429
Carrying amount
At 30 November 2025	10,910

7 Debtors

	30 Nov 2025
	£
Trade debtors	10,220

8 Creditors: amounts falling due within one year

	30 Nov 2025
	£
Trade creditors	52,991
Taxation and social security	12,003
Other creditors	120,715
	185,709