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Registration number: 07169924

New Move Estate Agency Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

New Move Estate Agency Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

New Move Estate Agency Ltd

Company Information

Directors | Mr Lee Gene Raymond Mr John Soteris Michael

Registered office | 235 Three Bridges Road Crawley RH10 1LS

Accountants | Blackman Terry Accountants Ltd Chartered Certified AccountantsBolney Place Cowfold Road Bolney Haywards Heath West Sussex RH17 5QT

New Move Estate Agency Ltd

(Registration number: 07169924)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 6,481 | 7,975
Current assets |  |  |
Debtors | 6 | 33,885 | 18,198
Cash at bank and in hand |  | 79,928 | 56,895
|  | 113,813 | 75,093
Creditors: Amounts falling due within one year | 7 | (51,264) | (27,110)
Net current assets |  | 62,549 | 47,983
Total assets less current liabilities |  | 69,030 | 55,958
Creditors: Amounts falling due after more than one year | 7 | (24,685) | (29,463)
Net assets |  | 44,345 | 26,495
Capital and reserves |  |  |
Called up share capital |  | 225 | 225
Retained earnings |  | 44,120 | 26,270
Shareholders' funds |  | 44,345 | 26,495

For the financial 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.

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 12 November 2025 and signed on its behalf by:

New Move Estate Agency Ltd

(Registration number: 07169924)
Balance Sheet as at 31 March 2025

......................................... Mr Lee Gene Raymond Director
......................................... Mr John Soteris Michael Director

New Move Estate Agency Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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:
235 Three Bridges Road
Crawley
RH10 1LS

These financial statements were authorised for issue by the Board on 12 November 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.

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.

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
Office equipment | 25% reducing balance
Fixture, Fittings & equipment | 25% reducing balance

New Move Estate Agency Ltd

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

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10 years straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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 directors) during the year, was 8 (2024 - 9).

New Move Estate Agency Ltd

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

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 April 2024 | 75,000 | 75,000
At 31 March 2025 | 75,000 | 75,000
Amortisation
At 1 April 2024 | 75,000 | 75,000
At 31 March 2025 | 75,000 | 75,000
Carrying amount
At 31 March 2025 | - | -

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 28,434 | 28,434
Additions | 666 | 666
At 31 March 2025 | 29,100 | 29,100
Depreciation
At 1 April 2024 | 20,459 | 20,459
Charge for the year | 2,160 | 2,160
At 31 March 2025 | 22,619 | 22,619
Carrying amount
At 31 March 2025 | 6,481 | 6,481
At 31 March 2024 | 7,975 | 7,975

6 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 33,885 | 18,198
| 33,885 | 18,198

New Move Estate Agency Ltd

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

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 50,760 | 26,759
Accruals and deferred income | 250 | 250
Other creditors | 254 | 101
| 51,264 | 27,110

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 24,685 | 29,463

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 24,685 | 29,463