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Company Registration No. 10772103 (England and Wales)
NEW MODEL HOLDINGS LIMITED Unaudited accounts for the year ended 31 May 2025
NEW MODEL HOLDINGS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NEW MODEL HOLDINGS LIMITED Company Information for the year ended 31 May 2025
Directors
J Knight A Ivemey
Company Number
10772103 (England and Wales)
Registered Office
13 HERON FLIGHT AVENUE HERON FLIGHT AVENUE HORNCHURCH ESSEX RM12 5LN UNITED KINGDOM
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NEW MODEL HOLDINGS LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
320,500
320,500
Current assets
Cash at bank and in hand
80
1,582
Creditors: amounts falling due within one year
5
(1,312)
(2,920)
Net current liabilities
(1,232)
(1,338)
Total assets less current liabilities
319,268
319,162
Creditors: amounts falling due after more than one year
6
(315,700)
(315,700)
Net assets
3,568
3,462
Capital and reserves
Share premium
100
100
Profit and loss account
3,468
3,362
Shareholders' funds
3,568
3,462
For the year ending 31 May 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 8 January 2026 and were signed on its behalf by
A Ivemey Director Company Registration No. 10772103
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NEW MODEL HOLDINGS LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
NEW MODEL HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10772103. The registered office is 13 HERON FLIGHT AVENUE, HERON FLIGHT AVENUE, HORNCHURCH, ESSEX, RM12 5LN, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 June 2024
320,500
At 31 May 2025
320,500
Depreciation
At 31 May 2025
-
Net book value
At 31 May 2025
320,500
At 31 May 2024
320,500
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
25
131
Loans from directors
1,287
2,789
1,312
2,920
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NEW MODEL HOLDINGS LIMITED Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
315,700
315,700
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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