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REGISTERED NUMBER: 10732816 (England and Wales)















Financial Statements for the Period 20 April 2017 to 30 April 2018

for

Newhaven Developments Newco Limited

Newhaven Developments Newco Limited (Registered number: 10732816)






Contents of the Financial Statements
for the Period 20 April 2017 to 30 April 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Newhaven Developments Newco Limited

Company Information
for the Period 20 April 2017 to 30 April 2018







DIRECTORS: M Krantz
P G Milner
P F Temmerman
D Temmerman





REGISTERED OFFICE: The Roma Building
32/38 Scrutton Street
London
EC2A 4RQ





REGISTERED NUMBER: 10732816 (England and Wales)






Newhaven Developments Newco Limited (Registered number: 10732816)

Balance Sheet
30 April 2018

Notes £    £   
Fixed assets
Investments 3 100
Investment property 4 13,000,000
13,000,100

Current assets
Debtors 5 1,341,665
Cash at bank 40,247
1,381,912
Creditors
Amounts falling due within one year 6 2,824,514
Net current liabilities (1,442,602 )
Total assets less current liabilities 11,557,498

Capital and reserves
Called up share capital 7 16
Share premium 2,574,097
Retained earnings 8,983,385
Shareholders' funds 11,557,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 November 2018 and were signed on
its behalf by:





P F Temmerman - Director


Newhaven Developments Newco Limited (Registered number: 10732816)

Notes to the Financial Statements
for the Period 20 April 2017 to 30 April 2018

1. Statutory information

Newhaven Developments Newco Limited is a private company, limited by shares , registered in
England and Wales. The company's registered number and registered office address can be found on
the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive income or
directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the period end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Fixed asset investments
Other
investments
£   
Cost
Reclassification/transfer 100
At 30 April 2018 100
Net book value
At 30 April 2018 100

Newhaven Developments Newco Limited (Registered number: 10732816)

Notes to the Financial Statements - continued
for the Period 20 April 2017 to 30 April 2018

4. Investment property
Total
£   
Fair value
Revaluations 9,000,902
Transfer to ownership 3,999,098
At 30 April 2018 13,000,000
Net book value
At 30 April 2018 13,000,000

Included in fair value of investment property is freehold land of £ 13,000,000 which is not depreciated.

Fair value at 30 April 2018 is represented by:

£   
Valuation in 563 13,000,000

If Investment property had not been revalued they would have been included at the following historical
cost:

£   
Cost 3,000,000

Investment property was valued on an open market basis on 8 February 2018 by prospective buyer .

5. Debtors: amounts falling due within one year
£   
Trade debtors 8,880
Other debtors 1,332,785
1,341,665

6. Creditors: amounts falling due within one year
£   
Other creditors 2,824,514

7. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
16 Ordinary £1 16

16 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.