Abbreviated Company Accounts - NEWTECH BUILD LTD

07758235 NEWTECH BUILD LTD 2015-08-31 false 2014-09-01 2015-08-31 true 07758235 2014-09-01 2015-08-31 07758235 2015-08-31 07758235 2014-08-31 07758235 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 07758235 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 07758235

NEWTECH BUILD LTD

Abbreviated Accounts

31 August 2015

NEWTECH BUILD LTD Registered Number 07758235

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	35,577	19,849
		35,577	19,849
Current assets
Stocks		73,220	30,020
Cash at bank and in hand		11,041	42,363
		84,261	72,383
Creditors: amounts falling due within one year		(113,798)	(88,853)
Net current assets (liabilities)		(29,537)	(16,470)
Total assets less current liabilities		6,040	3,379
Total net assets (liabilities)		6,040	3,379
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		6,039	3,378
Shareholders' funds		6,040	3,379

For the year ending 31 August 2015 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 May 2016

And signed on their behalf by:
Lulzim Sadiku, Director

NEWTECH BUILD LTD Registered Number 07758235

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of good provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write of the assets over their estimated useful lives.
Plant and machinery - 20% reducing balance
Motor vehicles - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	27,364
Additions	24,622
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	51,986
Depreciation
At 1 September 2014	7,515
Charge for the year	8,894
On disposals	-
At 31 August 2015	16,409
Net book values
At 31 August 2015	35,577
At 31 August 2014	19,849

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1