Company registration number: 07272365
Annual report and unaudited financial statements
for the year ended 30 June 2025
for
Domus Nova London
Pages for filing with the Registrar
Company registration number: 07272365
Domus Nova London
Balance sheet
as at 30 June 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 2 2
Tangible assets 5 116,252 115,975
116,254 115,977
Current assets
Debtors 1,899,392 1,665,944
Cash at bank and in hand 35,859 3,239
1,935,251 1,669,183
Creditors: amounts falling due within one
year 		(2,804,213) (2,655,370)
Net current liabilities (868,962) (986,187)
Total assets less current liabilities (752,708) (870,210)
Creditors: Amounts falling due after more
than one year 		(11,919) -
NET LIABILITIES (764,627) (870,210)
Capital and reserves
Called up share capital 2 2
Profit and loss account (764,629) (870,212)
TOTAL EQUITY (764,627) (870,210)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07272365
Domus Nova London
Balance sheet - continued
as at 30 June 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 11 June 2026 and signed on its behalf by:
Mr A Cheung, Director
11 June 2026
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Domus Nova London
Notes to the financial statements
for the year ended 30 June 2025
1 Company information
Domus Nova London is a private company registered in England and Wales. Its registered number is 07272365. The company is limited by shares. Its registered office is 78 Westbourne Grove, London, W2 5RT.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - Goodwill, being the amount paid in connection with the
acquisition of a business in 2016, is being amortised
evenly over its estimated useful life of ten years.
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Domus Nova London
Notes to the financial statements - continued
for the year ended 30 June 2025
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Short leasehold property -
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 35 (2024 - 35).
4 Intangible assets
Goodwill
£
Cost
At 1 July 2024 100,000
At 30 June 2025 100,000
Amortisation
At 1 July 2024 99,998
At 30 June 2025 99,998
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Domus Nova London
Notes to the financial statements - continued
for the year ended 30 June 2025
4 Intangible assets - continued
Net book value
At 30 June 2025 2
At 30 June 2024 2
5 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 July 2024 28,349 248,259 276,608
Additions - 28,971 28,971
At 30 June 2025 28,349 277,230 305,579
Depreciation
At 1 July 2024 - 160,633 160,633
Charge for year - 28,694 28,694
At 30 June 2025 - 189,327 189,327
Net book value
At 30 June 2025 28,349 87,903 116,252
At 30 June 2024 28,349 87,626 115,975
6 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024.
2025 2024
£ £
A G Cheung & R J Atkins
Balance outstanding at start of year 1,603,490 1,548,705
Amounts advanced 202,250 54,785
Balance outstanding at end of year 1,805,740 1,603,490
Balance 1 July 2024:
A G Cheung £1,276,839
R J Atkins £326,651
Balance as at 30 June 2025:
A G Cheung £1,276,839
R J Atkins £528,901
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