NEWBY INVESTMENTS (YORK) LTD


Directors	NEWBY, Lisa Charlotte
	NEWBY, Oliver James


Registered Address	Red Barn Buttacre Lane
	Askham Richard
	York
	YO23 3PE


Registered Number	13861294 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	4		503,870		503,870
			503,870		503,870
Current assets
Cash at bank and on hand		29,682		18,419
		29,682		18,419
Creditors amounts falling due within one year	5	(174,703)		(175,439)
Net current assets (liabilities)			(145,021)		(157,020)
Total assets less current liabilities			358,849		346,850
Creditors amounts falling due after one year	6		(349,647)		(350,841)
Net assets			9,202		(3,991)
Capital and reserves
Profit and loss account			9,202		(3,991)
Shareholders' funds			9,202		(3,991)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 7 June 2025, and are signed on its behalf by:

NEWBY, Lisa Charlotte
Director

NEWBY, Oliver James
Director

Registered Company No. 13861294

NEWBY INVESTMENTS (YORK) LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Revaluation of property, plant and equipment
	Investment property (other than any investment property rented to another group entity that have been transferred to property, plant and equipment) must be measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

4.	Investment property


		£
	Fair value at 01 February 24	503,870
	At 31 January 25	503,870

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,000	2,000
Amounts owed to related parties	169,844	167,840
Taxation and social security	2,159	24
Payments received on account	200	5,075
Accrued liabilities and deferred income	500	500
Total	174,703	175,439

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	349,647	350,841
Total	349,647	350,841

7.	Other commitments
	At 31 January 2025, the company had total commitments under non-cancellable mortgages (held against the properties) of £351,647 (2024; £350,841)