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COMPANY REGISTRATION NUMBER: 12407113

NEOCORP ESTATES MANAGEMENT LTD

Filleted Unaudited Abridged Financial Statements

For the year ended

31 January 2025

NEOCORP ESTATES MANAGEMENT LTD

Abridged Financial Statements

Year ended 31 January 2025

Contents | Page

Officers and professional advisers | 1

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements | 2

Abridged statement of financial position | 3

Notes to the abridged financial statements | 5

NEOCORP ESTATES MANAGEMENT LTD

Officers and Professional Advisers

The board of directors | Mr N.A Neocleous
| Mr C. A Neocleous

Registered office | Woodside Constitution Hill
| Ipswich
| Suffolk
| IP1 3RH

Accountants | OMG CONSULTING LTD
| Chartered Certified Accountants
| 111a, George Lane
| London
| E18 1AN

NEOCORP ESTATES MANAGEMENT LTD

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of NEOCORP ESTATES MANAGEMENT LTD

Year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of NEOCORP ESTATES MANAGEMENT LTD for the year ended 31 January 2025, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the Board of Directors of NEOCORP ESTATES MANAGEMENT LTD, as a body, in accordance with the terms of our engagement letter dated 25 June 2021. Our work has been undertaken solely to prepare for your approval the abridged financial statements of NEOCORP ESTATES MANAGEMENT LTD and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NEOCORP ESTATES MANAGEMENT LTD and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that NEOCORP ESTATES MANAGEMENT LTD has kept adequate accounting records and to prepare statutory abridged financial statements that give a true and fair view of the assets, liabilities, financial position and profit of NEOCORP ESTATES MANAGEMENT LTD. You consider that NEOCORP ESTATES MANAGEMENT LTD is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the abridged financial statements of NEOCORP ESTATES MANAGEMENT LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory abridged financial statements.
OMG CONSULTING LTD Chartered Certified Accountants
111a, George Lane London E18 1AN
16 January 2026

NEOCORP ESTATES MANAGEMENT LTD

Abridged Statement of Financial Position

31 January 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 7 |  | 974 | 1,218

Current assets

Debtors | 120,251 |  | 95,888
Cash at bank and in hand | 9,423 |  | 1,408
| --------- |  | --------
| 129,674 |  | 97,296

Creditors: amounts falling due within one year | 8 | 78,967 |  | 21,348
| --------- |  | --------
Net current assets |  | 50,707 | 75,948
|  | -------- | --------
Total assets less current liabilities |  | 51,681 | 77,166

Creditors: amounts falling due after more than one year |  | 29,756 | 44,441
|  | -------- | --------
Net assets |  | 21,925 | 32,725
|  | -------- | --------

Capital and reserves

Called up share capital | 9 |  | 1,000 | 1,000
Profit and loss account |  | 20,925 | 31,725
|  | -------- | --------
Shareholders funds |  | 21,925 | 32,725
|  | -------- | --------

These abridged 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 abridged statement of income and retained earnings has not been delivered.
For the year ending 31 January 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 abridged 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 abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

NEOCORP ESTATES MANAGEMENT LTD

Abridged Statement of Financial Position (continued)

31 January 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 16 January 2026 , and are signed on behalf of the board by:

Mr C. A Neocleous
Director

Company registration number: 12407113

NEOCORP ESTATES MANAGEMENT LTD

Notes to the Abridged Financial Statements

Year ended 31 January 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 Woodside Constitution Hill, Ipswich, Suffolk, IP1 3RH.
2. Statement of compliance
These abridged 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 abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
As a result of their assessment the directors have concluded that there are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern. The accounts have therefore been prepared on a going concern basis and assume the continuation of the financial support of the directors.
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.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.
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:

| Equipment | - | 20% reducing balance

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.
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 are 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. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: Nil).
5. Tax on profit
Major components of tax expense

| 2025 | 2024
| £ | £

Current tax:

UK current tax expense | 1,338 | 2,187
| ------- | -------
Tax on profit | 1,338 | 2,187
| ------- | -------

6. Dividends
7. Tangible assets

| £
Cost |
At 1 February 2024 and 31 January 2025 | 2,714
| -------
Depreciation |
At 1 February 2024 | 1,496
Charge for the year | 244
| -------
At 31 January 2025 | 1,740
| -------
Carrying amount |
At 31 January 2025 | 974
| -------
At 31 January 2024 | 1,218
| -------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Accruals and deferred income | 1,315 | –
Corporation tax | 1,338 | 2,187
Other creditors | 76,314 | 19,161
| -------- | --------
| 78,967 | 21,348
| -------- | --------

9. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 1,000 | 1,000 | 1,000 | 1,000
| ------- | ------- | ------- | -------

10. Related party transactions
At the year end, the directors were owed an amount of £64,505 by the company (2024: £13,547). This amount is interest free and is repayable on demand.
11. Controlling party
The Company was under the control of its directors throughout the current period.