REGISTERED NUMBER: 05827538 (England and Wales)

Financial Statements

for the Year Ended 31 May 2025

for

New Metropolis Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Elmes

Mrs A Elmes

SECRETARY:

Mrs A Elmes

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

05827538 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

289

362

Investment property

5

1,025,000

920,000

1,025,289

920,362

CURRENT ASSETS

Debtors

6

683

60

Cash at bank

11,676

6,915

12,359

6,975

CREDITORS

Amounts falling due within one year

7

391,196

404,530

NET CURRENT LIABILITIES

(378,837

)

(397,555

)

TOTAL ASSETS LESS CURRENT LIABILITIES

646,452

522,807

CREDITORS

Amounts falling due after more than one year

8

200

2,600

NET ASSETS

646,252

520,207

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

539,402

434,402

Retained earnings

106,750

85,705

SHAREHOLDERS' FUNDS

646,252

520,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 14 January 2026 and were signed on its behalf by:

J M Elmes - Director

Mrs A Elmes - Director

1.	STATUTORY INFORMATION

New Metropolis Limited 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 as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

5,135

DEPRECIATION

At 1 June 2024

4,773

Charge for year

73

At 31 May 2025

4,846

NET BOOK VALUE

At 31 May 2025

289

At 31 May 2024

362

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

920,000

Revaluations

105,000

At 31 May 2025

1,025,000

NET BOOK VALUE

At 31 May 2025

1,025,000

At 31 May 2024

920,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2025

1,025,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

683

60

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other creditors

391,196

404,530

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Other creditors

200

2,600

9.

RESERVES

Fair

value

reserve

£

At 1 June 2024

434,402

Property Revaluation

105,000

At 31 May 2025

539,402