Company Registration No. 13337533 (England and Wales)
Newton Sinclair Ltd
Unaudited accounts
for the year ended 31 March 2025
Newton Sinclair Ltd
Unaudited accounts
Contents
Newton Sinclair Ltd
Company Information
for the year ended 31 March 2025
Directors
Lucy Newton-Sinclair
Nicholas Sinclair
Company Number
13337533 (England and Wales)
Registered Office
3 Tarragon Avenue
Chichester
West Sussex
PO20 2NQ
England
Accountants
Cavill & Cruikshank Limited
7 Henderson Close
Hastings
East Sussex
TN34 2DU
Newton Sinclair Ltd
Statement of financial position
as at 31 March 2025
Investment property
1,280,000
1,808,146
Cash at bank and in hand
35,669
8,483
Creditors: amounts falling due within one year
(1,242,508)
(1,159,116)
Net current liabilities
(1,192,979)
(1,122,913)
Total assets less current liabilities
87,021
685,233
Creditors: amounts falling due after more than one year
(450,000)
(790,000)
Net liabilities
(362,979)
(104,767)
Called up share capital
100
100
Revaluation reserve
(13,365)
64,781
Profit and loss account
(349,714)
(169,648)
Shareholders' funds
(362,979)
(104,767)
For the 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. 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
Nicholas Sinclair
Director
Company Registration No. 13337533
Newton Sinclair Ltd
Notes to the Accounts
for the year ended 31 March 2025
Newton Sinclair Ltd is a private company, limited by shares, registered in England and Wales, registration number 13337533. The registered office is 3 Tarragon Avenue, Chichester, West Sussex, PO20 2NQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the
directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover represents income derived from rent from furnished holiday letting properties. Any outstanding rent receivable at the year end is accrued for at full value.
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business.
Fair value at 1 April 2024
1,808,146
Net loss from fair value adjustments
(78,146)
At 31 March 2025
1,280,000
The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2025 by directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
Newton Sinclair Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due after more than one year
Other debtors
13,860
27,720
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
607,994
501,261
Loans from directors
634,514
657,855
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
450,000
790,000
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).