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Registration number: 11858476

Newman Offices Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

Newman Offices Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Newman Offices Limited

Company Information

Director | Mr A H Robin

Registered office | 66-67 Newman Street London W1T 3EQ

Newman Offices Limited

(Registration number: 11858476)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 103,819 | 118,786
Current assets |  |  |
Debtors | 5 | 2,722,884 | 3,808,641
Investments | 6 | 200,000 | 200,000
Cash at bank and in hand |  | 938,591 | 864,135
|  | 3,861,475 | 4,872,776
Creditors: Amounts falling due within one year | 7 | (3,107,814) | (4,666,375)
Net current assets |  | 753,661 | 206,401
Net assets |  | 857,480 | 325,187
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 857,380 | 325,087
Shareholders' funds |  | 857,480 | 325,187

For the financial year ending 31 August 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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 director on 30 October 2025

......................................... Mr A H Robin Director

Newman Offices Limited

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

1 | General information

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

The address of its registered office is:
66-67 Newman Street
London
W1T 3EQ

These financial statements were authorised for issue by the director on 30 October 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.

Going concern

The financial statements have been prepared on a going concern basis.

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 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.

Newman Offices Limited

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

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.

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:

Asset class | Depreciation method and rate
Furniture, fittings and equipment | 20% reducing balance

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Newman Offices Limited

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 4).

Newman Offices Limited

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

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 September 2024 | 43,947 | 222,541 | 266,488
At 31 August 2025 | 43,947 | 222,541 | 266,488
Depreciation
At 1 September 2024 | - | 147,702 | 147,702
Charge for the year | - | 14,967 | 14,967
At 31 August 2025 | - | 162,669 | 162,669
Carrying amount
At 31 August 2025 | 43,947 | 59,872 | 103,819
At 31 August 2024 | 43,947 | 74,839 | 118,786

Included within the net book value of land and buildings above is £43,947 (2024 - £43,947) in respect of long leasehold land and buildings.

5 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 134,259 | 126,080
Amounts owed by related parties |  | 12,915 | 12,915
Prepayments |  | 475,439 | 375,600
Other debtors |  | 2,100,271 | 3,294,046
|  | 2,722,884 | 3,808,641

6 | Current asset investments

| 2025 £ | 2024 £
Other investments | 200,000 | 200,000

Newman Offices Limited

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

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 197,753 | 197,396
Taxation and social security | 94,910 | 1,451
Accruals and deferred income | 228,723 | 271,082
Other creditors | 2,586,428 | 4,196,446
| 3,107,814 | 4,666,375

Other creditors include loans from the controlling party of £2,199,794 (2023 - £3,782,841), which are secured by way of a fixed and floating charge against the company assets.

8 | Share capital

Allotted, called up and fully paid shares

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

9 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 1,965,000 | 1,965,000
Later than one year and not later than five years | 7,860,000 | 7,860,000
Later than five years | 21,381,250 | 23,346,250
| 31,206,250 | 33,171,250

The amount of non-cancellable operating lease payments recognised as an expense during the year was £2,390,040 (2024 - £2,127,972).