Newcastle Town FC Youth Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13917150

Newcastle Town FC Youth Limited

Filleted Unaudited Financial Statements

30 June 2025

Newcastle Town FC Youth Limited

Financial Statements

Year ended 30 June 2025

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 7

Newcastle Town FC Youth Limited

Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	882,805	873,292
Investments	6	1	1
		---------	---------
		882,806	873,293

Current assets

Stocks		4,250	5,865
Debtors	7	61,589	90,823
Cash at bank and in hand		36,924	13,807
		---------	---------
		102,763	110,495

Creditors: amounts falling due within one year	8	69,196	118,642
		---------	---------
Net current assets/(liabilities)		33,567	( 8,147)
		---------	---------
Total assets less current liabilities		916,373	865,146

Creditors: amounts falling due after more than one year	9	795,854	793,352
		---------	---------
Net assets		120,519	71,794
		---------	---------

Capital and reserves

Other reserves	88,394	88,394
Profit and loss account	32,125	( 16,600)
	---------	--------
Shareholders funds	120,519	71,794
	---------	--------

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 income and retained earnings has not been delivered.

For the year ending 30 June 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 .

Newcastle Town FC Youth Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 19 January 2026 , and are signed on behalf of the board by:

Mr G A Appleby

Director

Company registration number: 13917150

Newcastle Town FC Youth Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Newcastle Town Fc Roe Lane Playing Fields, Roe Lane, Newcastle Under Lyme, Staffordshire, ST5 3PH.

2. Statement of compliance

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

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	21 years
Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	20% reducing balance
Equipment	-	25% reducing balance

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 of fixed assets

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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: Nil).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost
At 1 July 2024	874,214	35,980	23,374	5,176	938,744
Additions	–	73,688	–	–	73,688
	---------	---------	--------	-------	------------
At 30 June 2025	874,214	109,668	23,374	5,176	1,012,432
	---------	---------	--------	-------	------------
Depreciation
At 1 July 2024	39,272	15,318	8,463	2,399	65,452
Charge for the year	41,629	18,870	2,982	694	64,175
	---------	---------	--------	-------	------------
At 30 June 2025	80,901	34,188	11,445	3,093	129,627
	---------	---------	--------	-------	------------
Carrying amount
At 30 June 2025	793,313	75,480	11,929	2,083	882,805
	---------	---------	--------	-------	------------
At 30 June 2024	834,942	20,662	14,911	2,777	873,292
	---------	---------	--------	-------	------------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 July 2024 and 30 June 2025	1
	----
Impairment
At 1 July 2024 and 30 June 2025	–
	----

Carrying amount
At 30 June 2025	1
	----
At 30 June 2024	1
	----

7. Debtors

	2025	2024
	£	£
Trade debtors	4,375	9,353
Amounts owed by group undertakings and undertakings in which the company has a participating interest	55,069	55,069
Other debtors	2,145	26,401
	--------	--------
	61,589	90,823
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	9,487	43,383
Social security and other taxes	2,883	9,516
Other creditors	213	–
Other creditors	56,613	65,743
	--------	---------
	69,196	118,642
	--------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Deferred grants	795,854	793,352
	---------	---------