NEWINTON ACCOUNTANCY LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11762796 (England and Wales)

Unaudited Financial Statements

for the Period 1 February 2020 to 30 November 2020

for

NEWINTON ACCOUNTANCY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N Nwafor-Orizu

REGISTERED OFFICE:

83 Langbrook Road

Blackheath

London

SE3 8QZ

REGISTERED NUMBER:

11762796 (England and Wales)

FIXED ASSETS

Intangible assets

4

3,700

-

CURRENT ASSETS

Debtors

5

2,423

2,949

Cash at bank and in hand

18,633

2,413

21,056

5,362

CREDITORS

Amounts falling due within one year

6

18,475

4,512

NET CURRENT ASSETS

2,581

850

TOTAL ASSETS LESS CURRENT LIABILITIES

6,281

850

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

6,181

750

SHAREHOLDERS' FUNDS

6,281

850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2020 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 1 April 2021 and were signed by:

N Nwafor-Orizu - Director

1.	STATUTORY INFORMATION

NEWINTON ACCOUNTANCY LTD is a private company, limited by shares , registered in England and Wales. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any

accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Taxation

Taxation for the period 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 period 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 period was 4 (2020 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2020

and 30 November 2020

3,700

NET BOOK VALUE

At 30 November 2020

3,700

At 31 January 2020

3,700

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

31.1.20

£

£

Trade debtors

2,423

-

Other debtors

-

2,949

2,423

2,949

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

31.1.20

£

£

Trade creditors

12,500

-

Taxation and social security

5,975

3,433

Other creditors

-

1,079

18,475

4,512

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.20

31.1.20

value:

£

£

100

Ordinary

1

100

100