Company Registration No. 02940132 (England and Wales)
Newland Promotions Limited
Financial Statements
for the year ended 30 September 2017
PAGES FOR FILING WITH REGISTRAR
Newland Promotions Limited
Company Information
Director
D Ashton
Secretary
D Ashton
Company number
02940132
Registered office
336 Skircoat Green Road
Halifax
West Yorkshire
HX3 0LX
Accountants
B M Howarth Ltd
West House
King Cross Road
Halifax
West Yorkshire
HX1 1EB
Newland Promotions Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Newland Promotions Limited
Statement of financial position
as at 30 September 2017
- 1 -
2017
2016
Notes
£
£
£
£
Current assets
Cash at bank and in hand
3,214
3,615
Creditors: amounts falling due within one year
2
-
(200)
Net current assets
3,214
3,415
Capital and reserves
Called up share capital
3
100
100
Profit and loss reserves
3,114
3,315
Total equity
3,214
3,415
The director of the company has elected not to include a copy of the income statement within the financial statements.
true
For the financial year ended 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and signed by the director and authorised for issue on 7 June 2018
D Ashton
Director
Company Registration No. 02940132
Newland Promotions Limited
Notes to the financial statements
for the year ended 30 September 2017
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Transition to FRS 102
These financial statements for the year ended 30 September 2017
are the
first
financial statements of Newland Promotions Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 October 2015. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
Cash at bank and in hand
Cash at bank and in hand
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Creditors: amounts falling due within one year
2017
2016
£
£
Trade creditors
-
200
3
Called up share capital
2017
2016
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of £1 each
100
100
100
100
4
Company information
Newland Promotions Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
336 Skircoat Green Road, Halifax, West Yorkshire, HX3 0LX.