New England Homes Limited in Hastings, TN35 4NY

Description

Data updated on: 01-11-2023

The firm is situated in Hastings under the following Company Registration No.: 00305992. This company was established in the year 1935. The main office of this firm is situated at Bridge Cottage Rock Lane. The postal code for this location is TN35 4NY. The firm's principal business activity number is 68209 which stands for Other letting and operating of own or leased real estate. New England Homes Ltd reported its account information for the financial year up to Mon, 31st Oct 2022. The business latest confirmation statement was filed on Tue, 17th Jan 2023.

1 transaction have been registered in 2013 with a sum total of £1,000. Cooperation with the Gravesham Borough Council council covered the following areas: Rent Deposit Scheme.

There's a team of two directors leading the firm now, namely Malcolm B. and Geraldine F. who have been performing the directors duties since 2017-04-01. What is more, the managing director's responsibilities are constantly supported by a secretary - Geraldine F..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31
Currency
Net Worth	5 423 614	5 921 022	6 414 268

Balance Sheet
Cash Bank On Hand			41 464	145 947	352 333
Current Assets	63 080	61 599	61 087	161 077	359 492
Debtors	11 269	16 995	19 623	15 130	7 159
Net Assets Liabilities			5 389 699	5 430 955	5 320 384
Other Debtors			5 580	3 738	1 876
Property Plant Equipment			25 554	22 998	20 699
Cash Bank In Hand	51 811	44 604	41 464
Tangible Fixed Assets	5 675 212	6 125 725	6 575 554
Trade Debtors	10 256	14 036	14 043

Capital & Reserves
Called Up Share Capital	6 000	6 000	6 000
Profit Loss Account Reserve	290 064	333 472	373 718
Shareholder Funds	5 423 614	5 921 022	6 414 268

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			22 400	24 956	27 255
Additions Other Than Through Business Combinations Investment Property Fair Value Model					12 993
Administrative Expenses	114 795	112 899	127 150	85 586
Average Number Employees During Period				1	1
Bank Borrowings Overdrafts			113 784	84 177	327 636
Creditors			113 784	84 177	327 636
Current Tax For Period			33 191	41 535
Depreciation Expense Property Plant Equipment			3 171	2 556
Dividends Paid				29 999	120 000
Fixed Assets			6 575 554	6 381 998	6 297 307
Increase From Depreciation Charge For Year Property Plant Equipment				2 556	2 299
Investment Property			6 550 000	6 359 000	6 276 608
Investment Property Fair Value Model			6 550 000	6 359 000	6 276 608
Net Current Assets Liabilities	-36 711	-38 183	-42 391	70 417	269 420
Operating Profit Loss	161 285	166 341	162 536	211 213
Other Creditors			11 519	7 626	6 978
Other Deferred Tax Expense Credit			61 531	-92 397
Other Interest Receivable Similar Income Finance Income			248	180
Other Taxation Social Security Payable			33 191	41 961	19 172
Payments Received On Account			12 394	11 466	11 387
Profit Loss			521 081	71 255	9 429
Profit Loss On Ordinary Activities Before Tax	161 696	166 760	615 784	20 393
Property Plant Equipment Gross Cost			47 954	47 954
Provisions For Liabilities Balance Sheet Subtotal			1 029 680	937 283	918 707
Tax Tax Credit On Profit Or Loss On Ordinary Activities			94 703	-50 862
Total Assets Less Current Liabilities	5 638 501	6 087 542	6 533 163	6 452 415	6 566 727
Total Current Tax Expense Credit			33 172	41 535
Trade Debtors Trade Receivables			14 043	11 392	5 283
Turnover Revenue			289 686	296 799
Director Remuneration Benefits Excluding Payments To Third Parties	37 805	39 256	39 770
Accruals Deferred Income Within One Year	5 100	5 300	9 950
Bank Borrowings	46 204	47 634	46 374
Bank Borrowings Overdrafts Secured	-46 204	-47 634	-46 374
Corporation Tax Due Within One Year	32 892	33 980	33 191
Creditors Due After One Year	208 514	160 775	113 784
Creditors Due Within One Year	99 791	99 782	103 478
Depreciation Tangible Fixed Assets Expense	3 838	3 487	3 171
Difference Between Accumulated Depreciation Amortisation Capital Allowances	6 373	5 745	5 111
Net Assets Liability Excluding Pension Asset Liability	5 423 614	5 921 022	6 414 268
Number Shares Allotted	6 000	6 000	6 000
Other Creditors Due Within One Year	4 726	469	1 569
Other Creditors Including Taxation Social Security Within One Year Subtotal	53 587	52 047	57 104
Other Interest Receivable Similar Income	411	419
Other Taxation Social Security Within One Year	807
Par Value Share		1	1
Payments Received On Account Within One Year	10 062	12 298	12 394
Prepayments Accrued Income Current Asset	1 013	2 959	5 580
Profit Loss For Period	129 357	133 408
Provisions Charged Credited To Profit Loss Account During Period	-553	-628	-634
Provisions For Liabilities Charges	6 373	5 745	5 111
Revaluation Reserve	5 127 550	5 581 550	6 034 550
Share Capital Allotted Called Up Paid	-6 000	-6 000	-6 000
Standard Nominal Tax Rate	20	20
Tangible Fixed Assets Cost Or Valuation	5 690 954	6 144 954	6 597 954
Tangible Fixed Assets Depreciation	15 742	19 229	22 400
Tangible Fixed Assets Depreciation Charged In Period		3 487	2 787
Tangible Fixed Assets Increase Decrease From Revaluations		454 000	453 000
Tax On Profit Or Loss On Ordinary Activities	32 339	33 352
Total Dividend Payment	150 000	90 000	90 000
Total Recognised Gain Loss For Period	1 085 357	587 408
Trade Creditors Within One Year		101
Turnover Gross Operating Revenue	276 080	279 240
U K Current Corporation Tax	32 892	33 980
U K Current Corporation Tax On Income For Period	32 892	33 980