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Company Registration No. 15436266 (England and Wales)
Newness Properties Ltd Unaudited accounts for the year ended 31 January 2026
Newness Properties Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Newness Properties Ltd Company Information for the year ended 31 January 2026
Directors
Olaniyi RABIU Oluwaseyi Oludayo Rabiu
Company Number
15436266 (England and Wales)
Registered Office
5 Kingston Hill Avenue Romford RM6 5QA England
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Newness Properties Ltd Statement of financial position as at 31 January 2026
2026
2025
Notes
£
£
Fixed assets
Investment property
4
418,000
188,000
Current assets
Cash at bank and in hand
1,114
3,216
Net current assets
1,114
3,216
Total assets less current liabilities
419,114
191,216
Creditors: amounts falling due after more than one year
5
(426,390)
(196,390)
Net liabilities
(7,276)
(5,174)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(7,376)
(5,274)
Shareholders' funds
(7,276)
(5,174)
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by
Olaniyi RABIU Director Company Registration No. 15436266
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Newness Properties Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Newness Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 15436266. The registered office is 5 Kingston Hill Avenue, Romford, RM6 5QA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2026
£
Fair value at 1 February 2025
188,000
Additions
230,000
At 31 January 2026
418,000
5
Creditors: amounts falling due after more than one year
2026
2025
£
£
Trade creditors
299,000
141,000
Other creditors
127,390
55,390
426,390
196,390
6
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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