Newcroft Investments Limited 31/03/2025 iXBRL

Company registration number: 07088499

Newcroft Investments Limited

Unaudited filleted financial statements

31 March 2025

Newcroft Investments Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Newcroft Investments Limited

Directors and other information


	Directors	Mr Allan Taylor
		Mrs Vivian Taylor
		Mr Simon Collins


	Secretary	Vivian Taylor


	Company number	07088499


	Registered office	2 Tolherst Court
		Turkey Mill Business Park, Ashford Road
		Maidstone
		Kent
		ME14 5SF


	Accountants	Couch Bright King & Co
		2 Tolherst Court
		Turkey Mill Business Park, Ashford Road
		Maidstone
		Kent
		ME14 5SF

Newcroft Investments Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Newcroft Investments Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Newcroft Investments Limited for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.

Couch Bright King & Co

Chartered Accountant

2 Tolherst Court

Turkey Mill Business Park, Ashford Road

Maidstone

Kent

ME14 5SF

31 December 2025

Newcroft Investments Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Investments	4	6,010,454		6,010,454
		_______		_______
			6,010,454		6,010,454

Current assets
Debtors	5	9,026,057		8,924,552
Cash at bank and in hand		528,789		127,959
		_______		_______
		9,554,846		9,052,511
Creditors: amounts falling due
within one year	6	( 12,018,236)		( 11,515,901)
		_______		_______
Net current liabilities			( 2,463,390)		( 2,463,390)
			_______		_______
Total assets less current liabilities			3,547,064		3,547,064

			_______		_______
Net assets			3,547,064		3,547,064
			_______		_______

Capital and reserves
Called up share capital			10,000		10,000
Share premium account			3,184,229		3,184,229
Profit and loss account			352,835		352,835
			_______		_______
Shareholders funds			3,547,064		3,547,064
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 31 December 2025 , and are signed on behalf of the board by:

Mr Simon Collins

Director

Company registration number: 07088499

Newcroft Investments Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Share premium account	Profit and loss account	Total
	£	£	£	£


At 1 April 2023	10,000	3,184,229	352,835	3,547,064

Profit for the year			-	-
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	-	-

	_______	_______	_______	_______
At 31 March 2024 and 1 April 2024	10,000	3,184,229	352,835	3,547,064

Profit for the year			-	-
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	-	-

	_______	_______	_______	_______
At 31 March 2025	10,000	3,184,229	352,835	3,547,064
	_______	_______	_______	_______

Newcroft Investments Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 2 Tolherst Court, Turkey Mill Business Park, Ashford Road, Maidstone, Kent, ME14 5SF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 reporting date that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	6,010,454	6,010,454
	_______	_______
Impairment
At 1 April 2024 and 31 March 2025	-	-
	_______	_______
Carrying amount
At 31 March 2025	6,010,454	6,010,454
	_______	_______
At 31 March 2024	6,010,454	6,010,454
	_______	_______

5. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	8,991,057	8,904,552
Other debtors	35,000	20,000
	_______	_______
	9,026,057	8,924,552
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,293,674	6,193,674
Amounts owed to group undertakings and undertakings in which the company has a participating interest	4,408,293	4,615,958
Other creditors	316,269	706,269
	_______	_______
	12,018,236	11,515,901
	_______	_______

7. Contingent assets and liabilities

The company is part of a cross guarantee arrangement securing the group's total borrowing facility with Lloyds Bank plc. At the balance sheet date the total loan liability amounted to £7,293,675 (2024: £6,156,101).

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Allan Taylor	( 696,326)	390,000	( 306,326)
		_______	_______	_______

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Allan Taylor	( 696,326)	-	( 696,326)
		_______	_______	_______