| NEWCYCLE PROPERTY LIMITED |
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| BALANCE SHEET |
| AS AT 31 JANUARY 2026 |
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| 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. |
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| For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. |
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| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
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| 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. |
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| 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. |
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| Signed on behalf of the board |
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| I N H Allington |
| Director |
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| Date approved by the board: 9 July 2026 |
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| NEWCYCLE PROPERTY LIMITED |
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| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
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| 1 |
GENERAL INFORMATION |
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Newcycle Property Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
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C9 Glyme Court |
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Oxford Office Village |
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Landford Lane |
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Kidlington |
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Oxford |
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OX5 1LQ |
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The company started to trade on 1 August 2025. |
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The financial statements are presented in Sterling, which is the functional currency of the company. |
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| 2 |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
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Basis of preparation of financial statements |
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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. |
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Going concern |
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…) |
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Financial Instruments |
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A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. |
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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. |
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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. |
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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. |
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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. |
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| NEWCYCLE PROPERTY LIMITED |
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| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2026 |
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| 7 |
CREDITORS: Amounts falling due after more than one year |
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2026 |
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2025 |
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£ |
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£ |
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Bank loans and overdrafts |
221,000 |
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- |
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Included in the amounts falling due after more than one year are the following amounts which are due in more |
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than five years: |
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2026 |
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2025 |
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£ |
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£ |
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Bank loans and overdrafts |
221,000 |
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- |
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| 8 |
SECURED DEBTS |
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The company has a commercial mortgage with Yorkshire Building Society which is secured by a legal charge over the leasehold property. The charge was created on 4 August 2025. |
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| 9 |
RELATED PARTY TRANSACTIONS |
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The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members: |
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Newcycle Investments Limited |
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Parent company |
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During the year, the following transactions with related parties took place: |
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Broadribb Limited |
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Company under common control |
2026 |
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2025 |
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£ |
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£ |
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Advances to company |
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Amount due to company under common control at the year / period end: |
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180 |
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- |
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