REGISTERED NUMBER: 13316064 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Newgate Apartments Ltd

Page

Company Information

1

Report of the Accountant

2

Statement of Financial Position

3

Notes to the Financial Statements

4

DIRECTOR:

Mr D Rustambekov

REGISTERED OFFICE:

Flat 11 Dorchester Court

Buckingham Road

London

E18 2NG

REGISTERED NUMBER:

13316064 (England and Wales)

ACCOUNTANT:

Albacore Accounting Limited

The Maylands Building

Maylands Avenue

Hemel Hempstead

Hertfordshire

HP2 7TG

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages three to four and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

Albacore Accounting Limited

The Maylands Building

Maylands Avenue

Hemel Hempstead

Hertfordshire

HP2 7TG

Date: .............................................

FIXED ASSETS

Tangible assets

4

187

699

CURRENT ASSETS

Debtors

5

54,761

48,471

Cash at bank

1,483

1,122

56,244

49,593

CREDITORS

Amounts falling due within one year

6

26,547

20,412

NET CURRENT ASSETS

29,697

29,181

TOTAL ASSETS LESS CURRENT LIABILITIES

29,884

29,880

PROVISIONS FOR LIABILITIES

47

175

NET ASSETS

29,837

29,705

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

29,737

29,605

29,837

29,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 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 Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 December 2025 and were signed by:

Mr D Rustambekov - Director

1.	STATUTORY INFORMATION

Newgate Apartments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

2,047

DEPRECIATION

At 1 April 2024

1,348

Charge for year

512

At 31 March 2025

1,860

NET BOOK VALUE

At 31 March 2025

187

At 31 March 2024

699

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

480

2,160

Amounts owed by associates

54,281

46,311

54,761

48,471

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

17,451

11,777

Tax

121

1,935

Accruals and deferred income

8,975

6,700

26,547

20,412

7.

RESERVES

Retained

earnings

£

At 1 April 2024

29,605

Profit for the year

132

At 31 March 2025

29,737

8.	RELATED PARTY DISCLOSURES

Included in debtors is a loan balance of £10,281 (2024: £2,310) due from Newgate Partnership Ltd, the parent company. This amount is interest free and repayable on demand.

Included in debtors is a loan balance of £44,000 (2024: £44,000) due from Newgate Partners LLP, a company which shares a director. This amount is interest free and repayable on demand.