Company Registration No. 10470982 (England and Wales)
New Land Builds Ltd
Unaudited accounts
for the year ended 30 November 2020
New Land Builds Ltd
Unaudited accounts
Contents
New Land Builds Ltd
Company Information
for the year ended 30 November 2020
Directors
Mr B Mazzotta
Mrs C Mazzotta
Company Number
10470982 (England and Wales)
Registered Office
13 Collett Avenue
Swindon
Wiltshire
SN2 1NQ
United Kingdom
New Land Builds Ltd
Statement of financial position
as at 30 November 2020
Cash at bank and in hand
2,175
4,194
Creditors: amounts falling due within one year
(7,323)
(10,512)
Net current assets
689
1,520
Called up share capital
2
2
Profit and loss account
1,387
3,818
Shareholders' funds
1,389
3,820
For the year ending 30 November 2020 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 directors acknowledge their 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 of Directors and authorised for issue on 18 January 2021 and were signed on its behalf by
Mr B Mazzotta
Director
Company Registration No. 10470982
New Land Builds Ltd
Notes to the Accounts
for the year ended 30 November 2020
New Land Builds Ltd is a private company, limited by shares, registered in England and Wales, registration number 10470982. The registered office is 13 Collett Avenue, Swindon, Wiltshire, SN2 1NQ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25 % Reducing Balance Method
Motor vehicles
25 % Reducing Balance Method
Fixtures & fittings
25 % Reducing Balance Method
Computer equipment
25 % Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
Accrued income and prepayments
5,837
7,838
New Land Builds Ltd
Notes to the Accounts
for the year ended 30 November 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
6,490
9,618
Loans from directors
233
294
7
Average number of employees
During the year the average number of employees was 2 (2019: 2).