Company Registration No. 10328357 (England and Wales)
NEW PROPERTY SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 August 2023
NEW PROPERTY SOLUTIONS LIMITED
Unaudited accounts
Contents
NEW PROPERTY SOLUTIONS LIMITED
Company Information
for the year ended 31 August 2023
Company Number
10328357 (England and Wales)
Registered Office
Office 17
Regent House, 2 Regent Road
Lowestoft
SUFFOLK
NR32 1PA
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
NEW PROPERTY SOLUTIONS LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
1,391,750
1,391,750
Cash at bank and in hand
53,656
25,109
Creditors: amounts falling due within one year
(11,399)
(4,210)
Net current assets
113,133
91,775
Total assets less current liabilities
1,504,883
1,483,525
Creditors: amounts falling due after more than one year
(1,336,878)
(1,360,305)
Net assets
168,005
123,220
Called up share capital
1
1
Profit and loss account
168,004
123,219
Shareholders' funds
168,005
123,220
For the year ending 31 August 2023 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 director acknowledges his 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 and authorised for issue on 30 November 2023 and were signed on its behalf by
Mr F Worman
Director
Company Registration No. 10328357
NEW PROPERTY SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
NEW PROPERTY SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10328357. The registered office is Office 17, Regent House, 2 Regent Road, Lowestoft, SUFFOLK, NR32 1PA.
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:
4
Tangible fixed assets
Land & buildings
At 1 September 2022
1,391,750
At 31 August 2023
1,391,750
At 31 August 2023
1,391,750
At 31 August 2022
1,391,750
Amounts falling due within one year
Other debtors
70,876
70,876
NEW PROPERTY SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
10,724
3,535
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
400,000
446,250
Other creditors
936,878
914,055
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
