Newcycle Investments Limited - Filleted accounts


NEWCYCLE INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2026



































Company Registration Number: 04405208

NEWCYCLE INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 8

NEWCYCLE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2026


DIRECTOR

I N H Allington


SECRETARY

I N H Allington


REGISTERED OFFICE

C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ


COMPANY REGISTRATION NUMBER

04405208 England and Wales

NEWCYCLE INVESTMENTS LIMITED

BALANCE SHEET
AS AT 31 JANUARY 2026


	Notes	2026		2025
				As restated
		£		£

FIXED ASSETS
Investments	6		960,100		1,300,100

CURRENT ASSETS
Debtors	7	278,674		136,992
Cash at bank and in hand		212,207		41,406


		490,881		178,398

CREDITORS: Amounts falling due within one year	8	333,698		371,021
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS / (LIABILITIES)			157,183		(192,623)


TOTAL ASSETS LESS CURRENT LIABILITIES			1,117,283		1,107,477

CREDITORS: Amounts falling due after more than one year	9		-		1,976
CREDITORS: Amounts falling due after more than one year

Provisions for liabilities and charges			53,700		72,789


NET ASSETS			1,063,583		1,032,712


CAPITAL AND RESERVES
Called up share capital			100		100
Distributable profit and loss account			574,063		562,281
Non distributable profit and loss account			489,420		470,331


SHAREHOLDER'S FUNDS			1,063,583		1,032,712

NEWCYCLE INVESTMENTS LIMITED

BALANCE SHEET
AS AT 31 JANUARY 2026


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

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.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board




I N H Allington
Director

Date approved by the board: 9 July 2026

NEWCYCLE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


1	GENERAL INFORMATION

	Newcycle Investments Limited is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business are:

	Registered office	Principal place of business
	C9 Glyme Court	81 Sheep Street
	Oxford Office Village	Bicester
	Langford Lane	Oxfordshire
	Kidlington	OX26 6JS
	Oxford
	OX5 1LQ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover represents rent receivable.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Investment properties

	Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

	Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss account in the period in which they arise.

	Investments

	Investments in subsidiaries are shown at cost less accumulated impairment losses.

NEWCYCLE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

NEWCYCLE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Deferred tax relating to land and investment properties that is measured at fair value is measured using the tax rates and allowances that apply to the sale of the asset.


	Current and deferred tax assets and liabilities are not discounted.

	Consolidation

	The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has therefore taken advantage of the option provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	The director has made key assumptions in determination of the fair value of its investment properties in respect of the state of the property market in the location where the properties are situated and in respect of the range of reasonable fair value estimates of these assets.

4	RESTATEMENT OF COMPARATIVES

	The comparative figures have been restated to reclassify £100 relating to the investment in the subsidiary from other debtors to fixed asset investments.

5	EMPLOYEES

	The average number of persons employed by the company (including the director) during the year was:

		2026	2025
	Average number of employees	1	1

NEWCYCLE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


6	FIXED ASSET INVESTMENTS
		Investment properties	Investment in subsidiary	Total
		£	£	£
	Cost
	At 1 February 2025 - as restated	1,300,000	100	1,300,100

	Disposals	(340,000)	-	(340,000)


	At 31 January 2026	960,000	100	960,100


	Net book value
	At 1 February 2025 - as restated	1,300,000	100	1,300,100


	At 31 January 2026	960,000	100	960,100


	In the opinion of the director, all investment properties have been stated at fair value.

7	DEBTORS
			2026	2025
				As restated
			£	£
	Other debtors		278,674	136,992


8	CREDITORS: Amounts falling due within one year
			2026	2025
			£	£
	Bank loans and overdrafts		1,976	2,578
	Taxation and social security		10,643	11,981
	Accruals and deferred income		3,316	3,315
	Other creditors		317,763	353,147


			333,698	371,021


9	CREDITORS: Amounts falling due after more than one year
			2026	2025
			£	£
	Bank loans and overdrafts		-	1,976

NEWCYCLE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


10	RELATED PARTY TRANSACTIONS

	The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:

	Newcycle Property Limited
	Subsidiary company

	During the year, the following transactions with related parties took place:

	I N H Allington
	Director		2026	2025
			£	£
	Advances to company	The director made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount:	23,000	38,656


	Broadribb Limited
	Company under common control		2026	2025
			£	£
	Advances from company	Amount due from company under common control at the year end:	134,886	136,221