0 01/08/2024 31/07/2025 2025-07-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-08-01 Sage Accounts Production 24.1 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP NI647144 2024-08-01 2025-07-31 NI647144 2025-07-31 NI647144 2024-07-31 NI647144 2023-08-01 2024-07-31 NI647144 2024-07-31 NI647144 2023-07-31 NI647144 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 NI647144 bus:Director1 2024-08-01 2025-07-31 NI647144 core:WithinOneYear 2025-07-31 NI647144 core:WithinOneYear 2024-07-31 NI647144 core:ShareCapital 2025-07-31 NI647144 core:ShareCapital 2024-07-31 NI647144 bus:OrdinaryShareClass1 core:ShareCapital 2025-07-31 NI647144 bus:OrdinaryShareClass1 core:ShareCapital 2024-07-31 NI647144 bus:SmallEntities 2024-08-01 2025-07-31 NI647144 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 NI647144 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 NI647144 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI647144 bus:AbridgedAccounts 2024-08-01 2025-07-31
Company registration number: NI647144
Downs Road (Newcastle) Management Company Limited
Unaudited filleted abridged financial statements
for the year ended
31 July 2025
Downs Road (Newcastle) Management Company Limited
Abridged statement of financial position
31 July 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Current assets |  |  |  |  |  |  |  |  |
Debtors |  |  | - |  |  |  | 1,457 |  |
Cash at bank and in hand |  |  | 15,107 |  |  |  | 8,924 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 15,107 |  |  |  | 10,381 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  |  | ( 9,336) |  |  |  | ( 5,164) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 5,771 |  |  |  | 5,217
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 5,771 |  |  |  | 5,217
Provisions for liabilities |  |  |  |  | ( 5,766) |  |  |  | ( 5,212)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 5 |  |  |  | 5
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  | 5 |  |  | 5 |  |  |  | 5
|  |  |  |  | _______ |  |  |  | _______
Shareholder funds |  |  |  |  | 5 |  |  |  | 5
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 27 March 2026 , and are signed on behalf of the board by:
Mr Deryck Brady
Director
Company registration number: NI647144
Downs Road (Newcastle) Management Company Limited
Notes to the financial statements
Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 126 Ballagh Road, Fivemiletown, Co. Tyrone, BT75 0LE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on a going concern basis under the historical cost convention.The company has availed of the exemption in FRS 102 from the requirement to prepare a Cash Flow Statement because it is classified as a small company.The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements:There are no critical judgements in applying the entity's accounting policies. Key sources of estimation uncertainty:There are no critical accounting estimates and assumptions.
Turnover
Turnover is measured at fair value of the consideration received or receivable from the provision of services, net of discounts and Value Added Tax.Revenue from the provision of services is recognised when the amount of revenue becomes receivable and 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.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
The company only enters into basic financial instruments transactions that result in recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short term instrument constitute a financing transaction, like the payment of trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an outright short term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank facilities, are initially valued at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest rate method.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: Nil).
5. Called up share capital
Issued, called up and fully paid

|  |  | 2025 |  |  |  | 2024 |  |
|  |  | No |  | £ |  | No |  | £
| Ordinary shares of £ 1.00 each |  | 5 |  | 5 |  | 5 |  | 5
|  |  | _______ |  | _______ |  | _______ |  | _______