5 01/09/2024 31/08/2025 2025-08-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-09-01 Sage Accounts Production 25.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 05205473 2024-09-01 2025-08-31 05205473 2025-08-31 05205473 2024-08-31 05205473 2023-09-01 2024-08-31 05205473 2024-08-31 05205473 2023-08-31 05205473 bus:Director1 2024-09-01 2025-08-31 05205473 core:LandBuildings core:OwnedOrFreeholdAssets 2025-08-31 05205473 core:WithinOneYear 2025-08-31 05205473 core:WithinOneYear 2024-08-31 05205473 core:ShareCapital 2025-08-31 05205473 core:ShareCapital 2024-08-31 05205473 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-31 05205473 bus:SmallEntities 2024-09-01 2025-08-31 05205473 bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 05205473 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 05205473 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 05205473 bus:FullAccounts 2024-09-01 2025-08-31
Company registration number: 05205473
12 Victoria Square (Newcastle) Management Company Limited
Pages for filing with Registrar
31 August 2025
12 Victoria Square (Newcastle) Management Company Limited
Contents
Statement of financial position
Notes to the financial statements
12 Victoria Square (Newcastle) Management Company Limited
Statement of financial position
31 August 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 14,719 |  |  |  | 14,719 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 14,719 |  |  |  | 14,719
Current assets |  |  |  |  |  |  |  |  |
Cash at bank and in hand |  |  | 615 |  |  |  | 683 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 615 |  |  |  | 683 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 6 | ( 15,329) |  |  |  | ( 15,397) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current liabilities |  |  |  |  | ( 14,714) |  |  |  | ( 14,714)
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 5 |  |  |  | 5
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 5 |  |  |  | 5
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 5 |  |  |  | 5
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 5 |  |  |  | 5
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 August 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.
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.
These financial statements were approved by the board of directors and authorised for issue on 22 May 2026 , and are signed on behalf of the board by:
Amanda Leigh Johnson
Director
Company registration number: 05205473
12 Victoria Square (Newcastle) Management Company Limited
Notes to the financial statements
Year ended 31 August 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 64 The Grove, Gosforth, Newcastle upon Tyne, NE3 1NJ.
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'.
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.
Going concern
The directors have made appropriate enquiries and formed a judgement at the time of approving the financial statements that there is a reasonable expectation that the company has adequate resourcesto continue in operational existence for the foreseeable future. For this reason the directors continue to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover represents the contributions made by the residents to fund company expenses for the year.
Tangible assets
tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
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.
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 or 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 5 (2024: 5 ).
5. Tangible assets

|  | Freehold property | Total |  |  |  |  |
|  | £ | £ |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 September 2024 and 31 August 2025 | 14,719 | 14,719 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 September 2024 and 31 August 2025 | - | - |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 August 2025 | 14,719 | 14,719 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| At 31 August 2024 | 14,719 | 14,719 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |

6. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Other creditors |  | 15,329 | 15,397
|  |  | _______ | _______