REGISTERED NUMBER: 10995761 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Newley Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D P Ridley

SECRETARY:

D P Ridley

REGISTERED OFFICE:

18 Chelsea Crescent

Chelsea Harbour

London

SW10 0XB

REGISTERED NUMBER:

10995761 (England and Wales)

ACCOUNTANTS:

King Hope

34 Romanby Road

NORTHALLERTON

North Yorkshire

DL7 8NF

CURRENT ASSETS

Debtors

4

-

99,577

Cash at bank

36

542

36

100,119

CREDITORS

Amounts falling due within one year

5

(1,547

)

(522,423

)

NET CURRENT LIABILITIES

(1,511

)

(422,304

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,511

)

(422,304

)

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

(1,513

)

(422,306

)

SHAREHOLDERS' FUNDS

(1,511

)

(422,304

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2026 and were signed by:

D P Ridley - Director

1.	STATUTORY INFORMATION

Newley Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing and cessation of trading

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 company ceased trading during the year. The director has resolved to apply for the voluntary strike-off of the company under section 1003 of the Companies Act 2006. The company's liabilities have been settled or waived and the director does not consider the going concern basis to be appropriate. Accordingly the financial statements have been prepared on a basis other than going concern.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 future taxable profits.

Website costs

The costs of website and app development are written off to the income statement as incurred unless there is a reasonable likelihood that an income stream will be generated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Deferred tax asset

Unused tax losses

-

99,577

-

99,577

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

-

276,063

Directors' current accounts

-

243,469

Accruals and deferred income

1,547

2,891

1,547

522,423

The loans from the current and former director were formally waived to facilitate the cessation of the company.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

7.	RELATED PARTY DISCLOSURES

During the year, the balance due to the director of £245,944 (£243,469 brought forward plus £2,475 incurred during the year) and the balance due to a former director of £276,063 were irrevocably waived. The waivers were made because the company had insufficient assets to repay the liabilities. Following the waiver, no amounts remained outstanding to either party at the balance sheet date.

The controlling party is D P Ridley.