Newcastle Upon Tyne World Headquarters Limited 31/03/2025 iXBRL

Company registration number: 04050721

Newcastle Upon Tyne World Headquarters Limited

Unaudited filleted abridged financial statements

31 March 2025

Newcastle Upon Tyne World Headquarters Limited

Contents

Directors and other information

Accountants report

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Newcastle Upon Tyne World Headquarters Limited

Directors and other information


	Director	Mr Thomas Caulker




	Company number	04050721


	Registered office	1A Dinsdale Place
		Jesmond
		Newcastle Upon Tyne
		NE2 1BD


	Business address	Curtis Mayfield House
		Carliol Square
		East Pilgrim Street
		Newcastle upon Tyne
		NE1 6UF


	Accountants	T R Dixon & Co Ltd
		Chartered Certified Accountants
		Statutory Auditors
		Bermuda House
		1a Dinsdale Place
		Newcastle upon Tyne
		NE2 1BD




	Bankers	Barclays Bank PLC
		Grey Street
		Newcastle Upon Tyne
		Tyne & Wear
		NE99 1LG

Newcastle Upon Tyne World Headquarters Limited

Report to the director on the preparation of the

unaudited statutory financial statements of Newcastle Upon Tyne World Headquarters Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Newcastle Upon Tyne World Headquarters Limited for the year ended 31 March 2025 which comprise the abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements.

This report is made solely to the director of Newcastle Upon Tyne World Headquarters Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Newcastle Upon Tyne World Headquarters Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Newcastle Upon Tyne World Headquarters Limited and its director as a body for our work or for this report.

It is your duty to ensure that Newcastle Upon Tyne World Headquarters Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Newcastle Upon Tyne World Headquarters Limited. You consider that Newcastle Upon Tyne World Headquarters Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Newcastle Upon Tyne World Headquarters Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T R Dixon & Co Ltd

Chartered Certified Accountants

Statutory Auditors

Bermuda House

1a Dinsdale Place

Newcastle upon Tyne

NE2 1BD

19 September 2025

Newcastle Upon Tyne World Headquarters Limited

Abridged statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	1,467,086		1,486,662
		_______		_______
			1,467,086		1,486,662

Current assets
Debtors		6,113		4,429
Cash at bank and in hand		3,913		3,730
		_______		_______
		10,026		8,159
Creditors: amounts falling due
within one year		( 242,211)		( 240,517)
		_______		_______
Net current liabilities			( 232,185)		( 232,358)
			_______		_______
Total assets less current liabilities			1,234,901		1,254,304

Creditors: amounts falling due
after more than one year			( 340,958)		( 352,140)

Deferred tax			( 67,495)		( 67,495)

			_______		_______
Net assets			826,448		834,669
			_______		_______

Capital and reserves
Called up share capital			50,000		50,000
Profit and loss account			776,448		784,669
			_______		_______
Shareholders funds			826,448		834,669
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered 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 Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 19 September 2025 , and are signed on behalf of the board by:

Mr Thomas Caulker

Director

Company registration number: 04050721

Newcastle Upon Tyne World Headquarters Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Newcastle Upon Tyne World Headquarters Limited, 1A Dinsdale Place, Jesmond, Newcastle Upon Tyne, NE2 1BD.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	Straightline over 15 years
Fittings fixtures and equipment	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

4. Tangible assets


		£
	Cost
	At 1 April 2024 and 31 March 2025	1,987,438
		_______
	Depreciation
	At 1 April 2024	500,776
	Charge for the year	19,576
		_______
	At 31 March 2025	520,352
		_______
	Carrying amount
	At 31 March 2025	1,467,086
		_______
	At 31 March 2024	1,486,662
		_______

5. Going Concern

The Company's financial statements for the year ended 31 March 2025 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.