Company Registration No. SC726550 (Scotland)
Newton House Developments Limited
Unaudited accounts
for the year ended 31 March 2026
Newton House Developments Limited
Unaudited accounts
Contents
Newton House Developments Limited
Company Information
for the year ended 31 March 2026
Directors
Fraser Campbell
Kevin Campbell
Company Number
SC726550 (Scotland)
Registered Office
47 Main Street
Cairneyhill
Dunfermline
Fife
KY12 8QT
Scotland
Newton House Developments Limited
Statement of financial position
as at 31 March 2026
Called up share capital not paid
-
100
Investment property
58,327
58,327
Cash at bank and in hand
6,527
10,992
Creditors: amounts falling due within one year
(80,000)
(84,980)
Net current liabilities
(69,903)
(70,581)
Total assets less current liabilities
(1,576)
(2,154)
Creditors: amounts falling due after more than one year
(407)
(407)
Net liabilities
(1,983)
(2,561)
Called up share capital
100
100
Profit and loss account
(2,083)
(2,661)
Shareholders' funds
(1,983)
(2,561)
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by
Fraser Campbell
Director
Company Registration No. SC726550
Newton House Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
Newton House Developments Limited is a private company, limited by shares, registered in Scotland, registration number SC726550. The registered office is 47 Main Street, Cairneyhill, Dunfermline, Fife, KY12 8QT, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.
Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
The company incurred losses in the year and has a deficient Balance Sheet. The directors have prepared financial projections and considered the company’s cash flow requirements covering a period of at least 12 months from the date of approval of the accounts. The directors acknowledge the company’s future is reliant upon the continued support of its creditors. The directors are satisfied however, that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors consider it appropriate to prepare the accounts on a going concern basis.
Investments are initially recognised at cost.
Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
Fair value at 1 April 2025
58,327
5
Investments
Other investments
Valuation at 1 April 2025
10,000
Valuation at 31 March 2026
10,000
Newton House Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Amounts due from group undertakings etc.
163
-
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
40,480
40,480
Loans from directors
39,000
44,000
8
Creditors: amounts falling due after more than one year
2026
2025
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).