Registration number: 13872830

New Place Freehold Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

New Place Freehold Ltd

(Registration number: 13872830)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	448,464	246,620
Current assets
Debtors	5	45	16,153
Cash at bank and in hand		4,492	39,773
		4,537	55,926
Creditors: Amounts falling due within one year	6	(466,124)	(309,820)
Net current liabilities		(461,587)	(253,894)
Total assets less current liabilities		(13,123)	(7,274)
Provisions for liabilities		(199)	(266)
Net liabilities		(13,322)	(7,540)
Capital and reserves
Called up share capital		5	5
Retained earnings		(13,327)	(7,545)
Shareholders' deficit		(13,322)	(7,540)

For the financial year ending 31 January 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.

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 27 October 2025 and signed on its behalf by:
 

......................................... Ms SL Brand Director

New Place Freehold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 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:
3 New Place
London Road
Sunningdale
Ascot
SL5 9SD
UK

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.

Tax

The tax expense for the period comprises 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.

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.

New Place Freehold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

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:

Asset class	Depreciation method and rate
Plant & machinery	25% on reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

4	Tangible assets

	Land and buildings £	Other tangible assets £	Total £
Cost or valuation
At 1 February 2024	245,221	2,415	247,636
Additions	202,194	-	202,194
At 31 January 2025	447,415	2,415	449,830
Depreciation
At 1 February 2024	-	1,016	1,016
Charge for the year	-	350	350
At 31 January 2025	-	1,366	1,366
Carrying amount
At 31 January 2025	447,415	1,049	448,464
At 31 January 2024	245,221	1,399	246,620

Included within the net book value of land and buildings above is £447,415 (2024 - £245,221) in respect of freehold land and buildings.
 

5

Debtors

Current	2025 £	2024 £
Other debtors	45	16,153
	45	16,153

New Place Freehold Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	1,260	1,200
Other creditors	354,864	278,620
Owed by/(from) group undertakings	110,000	30,000
	466,124	309,820