Davies Newman Property Ltd - Filleted accounts

Registered number

SC413508

Davies Newman Property Ltd

Filleted Accounts

31 December 2025

Davies Newman Property Ltd
Registered number:	SC413508
Balance Sheet
as at 31 December 2025

		2025			2024
£			£

Fixed assets		520,135			658,908
Current assets	83,633			101,424
Prepayments and accrued income	7,104			7,573
	90,737			108,997
Creditors: amounts falling due within one year	(10,902)			(9,540)
Net current assets		79,835			99,457
Total assets less current liabilities		599,970			758,365
Creditors: amounts falling due after more than one year		(2,891,665)			(2,891,305)
Accruals and deferred income		(19,684)			(22,672)
Net liabilities		(2,311,379)			(2,155,612)

Capital and reserves		(2,311,379)			(2,155,612)

Number			Number
Average number of employees		2			2

At 31 December 2024, there was £2,891,305 due to the directors. During the year there were advances made to the company totalling £360. As at 31 December 2025, the company owed the directors £2,891,665. This sum is unsecured and interest free with no set repayment date.

Going Concern
The company has net current liabilities at the balance sheet date. The directors have assessed the company's ability to continue as a going concern and have confirmed that they will continue to provide such financial support as may be necessary to enable the company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. The principal liability of the company is the balance due to the directors. The directors have confirmed that they will not seek repayment of amounts due to them unless the company has sufficient funds available to make such repayments without prejudicing its ability to meet its other liabilities as they fall due. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.

The company is a private company limited by shares and incorporated in Scotland. Its registered office is 6 Rubislaw Terrace, Aberdeen, AB10 1XE.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.






Mr M St J Newman
Director
Approved by the board on 3 July 2026