Newcav Developments Limited - Filleted accounts

Registered number

08946792

Newcav Developments Limited

Financial Statements

31 March 2025

Newcav Developments Limited
Registered number: 08946792
Balance Sheet
at 31 March 2025

Notes		2025		2024
£			£

Current assets
Joint venture investments	3	-		-
Debtors	4	225,148		225,148
Cash at bank and in hand		4,306		4,306
		229,454		229,454

Creditors: amounts falling due within one year		-		-

Net current assets and net assets		229,454		229,454

Capital and reserves
Called up share capital		2		2
Retained earnings		229,452		229,452

Shareholders' funds		229,454		229,454

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit of its financial statements under section 477 of the Companies Act 2006 ('the Act') for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Act, neither the profit and loss account nor the directors' report for the year ended 31 March 2025 are delivered.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.




M D Thompson
Director
Approved by the board on 12 December 2025

The notes on pages 2 to 3 form part of these financial statements.

Newcav Developments Limited
Notes to the Financial Statements
for the year ended 31 March 2025

1	Accounting policies

	Basis of preparation of financial statements
	The financial statements have been prepared in accordance with the provisions of FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland ("FRS 102") (as applied to small entities by section 1A of the standard) and the Companies Act 2006 ("the Act"). A summary of the material accounting policies, which have been consistently applied, and which have remained unchanged from the previous period, is given below.

	Investments in jointly controlled entities
	Joint venture investments in jointly controlled entities are stated at cost, less any accumulated impairment losses recognised in accordance with Section 27 of FRS 102. Such investments are classified as fixed asset investments where it is expected the investment will constitute a continuing long-term part of the company's activities. In the absence of such a long-term expectation, investments are classified as current asset investments. Income from jointly controlled entities is accounted for in the profit and loss account upon the earlier of being advised of quantified entitlement by the jointly controlled entities, and receipt of profit distributions from the jointly controlled entities.

	Jointly controlled assets
	Where the company considers the nature of its interest in a partnership amounts to joint control of the assets and liabilities of the partnership, the company recognises in its financial statements its shares of the assets, liabilities income and expenses of the partnership. Where the company does not consider the interest amounts to joint control of the assets and liabilities of the partnership, the investment is treated as a jointly controlled entity.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences arising from the recognition of income and expenses in the financial statements in periods different from those in which they are included in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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 balance sheet date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

2	Employees	2025		2024

	The average number of employees during the year, including directors, was	3		3


3	Joint venture investments	2025		2024
£			£

	Property trading business jointly controlled entity	-		-

4	Debtors	2025		2024
£			£
	Amounts owed by related parties	225,148		225,148
		225,148		225,148

5	Related party transactions

	Amounts owed by related parties shown in note 3 include an amount of £225,000 (2024 - £225,000) loaned by the company, on an interest-free basis, to a related company.

6	Statutory information

	Newcav Developments Limited is a private company limited by shares and incorporated in England and Wales, registration number 08946792. Its registered office is Treviot House, 186-192 High Road, Ilford, Essex, IG1 1LR.