JOHN NEWLANDS LIMITED

JOHN NEWLANDS LIMITED

JOHN NEWLANDS LIMITED - Company Information

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JOHN NEWLANDS LIMITED

Company Registration Number:
01098993 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

JOHN NEWLANDS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

JOHN NEWLANDS LIMITED

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Fixed assets
Investments: 3 3,244,714 3,889,393
Total fixed assets: 3,244,714 3,889,393
Current assets
Debtors: 4 701,829 5,386
Cash at bank and in hand: 269,868 40,536
Total current assets: 971,697 45,922
Creditors: amounts falling due within one year: 5 (21,033) (22,420)
Net current assets (liabilities): 950,664 23,502
Total assets less current liabilities: 4,195,378 3,912,895
Total net assets (liabilities): 4,195,378 3,912,895
Capital and reserves
Called up share capital: 50,000 50,000
Profit and loss account: 4,145,378 3,862,895
Shareholders funds: 4,195,378 3,912,895

The notes form part of these financial statements

JOHN NEWLANDS LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2022
and signed on behalf of the board by:

Name: John Bothamley
Status: Director

The notes form part of these financial statements

JOHN NEWLANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JOHN NEWLANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

JOHN NEWLANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Fixed investments

Listed investments 2022: £744,714 (2021: £1,389,393)Investment property 2022: £2,500,000 (2021: £2,500,000)Total investments 2022: £3,244,714 (2021: £3,889,393)

JOHN NEWLANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

JOHN NEWLANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Creditors: amounts falling due within one year note

Accruals 2022: £2,000 (2021: £2,450)Deferred income 2022: £19,033 (2021: £19,970)Total creditors 2022: £21,033 (2021: £22,420)

JOHN NEWLANDS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: John Bothamley, a director of John Newlands Limited, is a trustee of the charity Four Acre Trust. In the year ended 31 March 2022, John Newlands Limited made total donations to Four Acre Trust of £30,000 (2021: £1,912,677). John Newlands Limited made Four Acre Trust an interest free loan of £890,000 during the year, which was repaid by year end. A further interest free loan of £700,000 was made in March 2022 and is included in other debtors at 31 March 2022. This is repayable by May 2022.
£
Balance at 01 April 2021 0
Balance at 31 March 2022 700,000