Newlands Holdings Limited

(Registration number: 02598822)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	28,002	37,865
Investment property	5	724,648	724,468
		752,650	762,333
Current assets
Debtors	6	222	548
Cash at bank and in hand		180,929	141,733
		181,151	142,281
Creditors: Amounts falling due within one year	7	(53,709)	(61,062)
Net current assets		127,442	81,219
Total assets less current liabilities		880,092	843,552
Provisions for liabilities		(7,468)	(7,194)
Net assets		872,624	836,358
Capital and reserves
Called up share capital	8	100	100
Revaluation reserve		52,148	52,148
Retained earnings		820,376	784,110
Shareholders' funds		872,624	836,358

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Newlands Holdings Limited

(Registration number: 02598822)
Balance Sheet as at 30 June 2025
(continued)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... William Martin Martin Griffiths Director

Newlands Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Newlands Farm
Garway Common
Garway
Hereford
Herefordshire
HR2 8RF

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Newlands Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
(continued)

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Newlands Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
(continued)

2	Accounting policies (continued)

Asset class	Depreciation method and rate
Leasehold property improvements	Nil
Motor vehicles	25% of written down value per annum
Computer equipment	33% of cost per annun

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.

Investment property has not been depreciated in line with Financial Reporting Standard number 15.

In the opinion of the directors the investment property is maintained to such a high standard that any depreciation charge would be immaterial and would be inconsistent with the requirements of the Companies Act 2006 to show a true and fair view.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Newlands Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
(continued)

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 2).

Newlands Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
(continued)

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2024	19,108	1,024	40,774	60,906
At 30 June 2025	19,108	1,024	40,774	60,906
Depreciation
At 1 July 2024	19,288	535	3,398	23,221
Charge for the year	-	338	9,345	9,683
At 30 June 2025	19,288	873	12,743	32,904
Carrying amount
At 30 June 2025	(180)	151	28,031	28,002
At 30 June 2024	-	489	37,376	37,865

5	Investment properties

	2025 £
At 1 July	724,648
At 30 June	724,648

There has been no valuation of investment property by an independent valuer.

Newlands Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
(continued)

6

Debtors

Current	2025 £	2024 £
Trade debtors	-	548
Prepayments	222	-
	222	548

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	10,238	271
Taxation and social security	13,202	2,042
Accruals and deferred income	14,482	26,550
Other creditors	15,787	32,199
	53,709	61,062

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100