NEWTY LTD - Filleted accounts

Registered number

15871712

NEWTY LTD

Unaudited Filleted Accounts

31 August 2026

NEWTY LTD
Registered number:		15871712
Balance Sheet
as at 31 August 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		9,710			4,252

Current assets
Debtors	4	2,433			2,270
Cash at bank and in hand		63,277			55,450
		65,710			57,720

Creditors: amounts falling due within one year	5	(34,516)			(36,674)

Net current assets			31,194			21,046

Net assets			40,904			25,298

Capital and reserves
Called up share capital			100			100
Profit and loss account			40,804			25,198

Shareholders' funds			40,904			25,298

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Peter Whelan
Director
Approved by the board on 14 October 2026

NEWTY LTD
Notes to the Accounts
for the year ended 31 August 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		0


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 September 2025				5,636
	Additions				9,123
	At 31 August 2026				14,759

	Depreciation
	At 1 September 2025				1,384
	Charge for the year				3,665
	At 31 August 2026				5,049

	Net book value
	At 31 August 2026				9,710
	At 31 August 2025				4,252


4	Debtors		2026		2025
£				£

	Other taxes and social security cost		163		-
	Other debtors		2,270		2,270
			2,433		2,270


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		1,890		1,536
	Corporation tax		8,667		10,238
	Other taxes and social security costs		1,359		-
	Directors loan		22,600		24,900
			34,516		36,674


6	Controlling party

	The company was controlled throughout the year by its director by virtue of the fact that he owns majority all of the share capital.


7	Other information

	NEWTY LTD is a private company limited by shares and incorporated in England. Its registered office is:
	90 Brixton Hill
	London
	SW2 1QN