Registration number:
Newcastle Buttress Ltd
for the Year Ended 31 January 2022
Newcastle Buttress Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Newcastle Buttress Ltd
Company Information
Director |
Mr Stevie Lee Pattinson |
Registered office |
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Accountants |
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Newcastle Buttress Ltd
(Registration number: 06458889)
Balance Sheet as at 31 January 2022
Note |
2022 |
2021 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
1,651,886 |
274,176 |
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Shareholders' funds |
1,651,986 |
274,276 |
For the financial year ending 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Newcastle Buttress Ltd
(Registration number: 06458889)
Balance Sheet as at 31 January 2022 (continued)
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Newcastle Buttress Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
Basis of preparation
These financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and the investment property measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents rental income received. Rental income is recognised on an accruals basis.
Long leasehold investment property
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Newcastle Buttress Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022 (continued)
Tangible assets |
Long leasehold investment property |
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Cost or valuation |
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At 1 February 2021 |
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At 31 January 2022 |
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Depreciation |
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Carrying amount |
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At 31 January 2022 |
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At 31 January 2021 |
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Debtors |
Current |
2022 |
2021 |
Trade debtors |
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Prepayments |
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Newcastle Buttress Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022 (continued)
Creditors |
Creditors: amounts falling due within one year
Note |
2022 |
2021 |
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Due within one year |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Taxation and social security |
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Other creditors |
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Related party transactions |
Included in creditors due within one year is £240,418 (2021: £1,606,288) owed to the company director and his close family members.
During the year a loan from a related party of £1,325,870 has been written off to the profit and loss account.