2 New Street Property Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10920967 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

2 New Street Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Ms A E Scott

Mrs ELV Purcell

SECRETARY:

REGISTERED OFFICE:

2 New Street

Leicester

LE1 5NA

REGISTERED NUMBER:

10920967 (England and Wales)

ACCOUNTANTS:

Aktiv Accounts Limited

The Old Vicarage

Mount Pleasant

Ripley

Derbyshire

DE5 3DX

FIXED ASSETS

Tangible assets

4

265,000

CURRENT ASSETS

Cash at bank

1,021

451

CREDITORS

Amounts falling due within one year

5

67,374

63,678

NET CURRENT LIABILITIES

(66,353

)

(63,227

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

198,647

201,773

CREDITORS

Amounts falling due after more than one
year

6

(166,538

)

(177,871

)

PROVISIONS FOR LIABILITIES

(3,877

)

(3,877

)

NET ASSETS

28,232

20,025

RESERVES

Retained earnings

28,232

20,025

28,232

20,025

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 May 2026 and were signed on its behalf by:

Mrs ELV Purcell - Director

1.	STATUTORY INFORMATION

2 New Street Property Limited is a private company, limited by guarantee , 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 September 2024

and 31 August 2025

265,000

NET BOOK VALUE

At 31 August 2025

265,000

At 31 August 2024

265,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Other loans (see note 7)

65,426

61,864

Trade creditors

535

458

VAT

1,175

Accrued expenses

238

181

67,374

63,678

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Bank loans (see note 7)

126,538

137,871

Other loans (see note 7)

40,000

166,538

177,871

31.8.25

31.8.24

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

93,816

102,251

Bank loans more 5 yr by instal

32,722

35,620

126,538

137,871

7.

LOANS

An analysis of the maturity of loans is given below:

31.8.25

31.8.24

£

Amounts falling due within one year or on demand:

Other loans

65,426

61,864

Amounts falling due between two and five years:

Other loans - 2-5 years

40,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

93,816

102,251

Bank loans more 5 yr by instal

32,722

35,620

126,538

137,871

8.	NON DISTRIBUTABLE RESERVES

As at 31.08.2025 the company has non distributable reserves of £31,800 arising from property revaluation. (2024: £31,800)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2025 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Aktiv Accounts Limited

The Old Vicarage

Mount Pleasant

Ripley

Derbyshire

DE5 3DX

18 May 2026