Company Registration No. 10078779 (England and Wales)
Newback Limited
Unaudited accounts
for the year ended 31 March 2018
Newback Limited
Annual report and unaudited accounts
for the year ended 31 March 2018
Newback Limited
Company Information
for the year ended 31 March 2018
Company Number
10078779 (England and Wales)
Registered Office
2 Woodside Cottages
Udimore
Rye
East Sussex
TN31 6AE
Accountants
Kingfisher Business & Consultancy Services Limited
2 Woodside Cottages
Udimore
Rye
East Sussex
TN31 6AE
Newback Limited
Statement of Financial Position
as at 31 March 2018
Fixed assets
134,904
60,630
Creditors: amounts falling due within one year
(135,390)
(85,131)
Net current liabilities
(135,290)
(60,876)
Total assets less current liabilities
(386)
(246)
Accruals and deferred income
(250)
-
Net liabilities
(636)
(246)
Capital and reserves
(636)
(246)
1 Director's advances, credit and guarantees
During the period under review the Director authorised the reclassification of a Directors' Loan Account balance brought forward of £84,881 together with a further loan advance of £49,869 for the purchase of Fixed Asset Investments as an equity Share Premium account.
2 Average number of employees
During the year the average number of employees was 0 (2017: 0).
For the year ending 31 March 2018 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 21 August 2018
Mr P N Ellwood
Director
Company Registration No. 10078779