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Company Registration No. 02703620 (England and Wales)
Newland Jem Limited Unaudited accounts for the year ended 31 March 2026
Newland Jem Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Newland Jem Limited Company Information for the year ended 31 March 2026
Directors
Jeffrey Jones Ross Badger
Company Number
02703620 (England and Wales)
Registered Office
Hall Cottages 2 The Cedars , Kirkby Fleetham Northallerton North Yorkshire DL7 0SU UK
Accountants
Ross Badger Limited 15 St Georges House Hanover Square London W1S 1HS
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Newland Jem Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Investment property
5
1,490,000
1,490,000
Current assets
Debtors
6
859
814
Cash at bank and in hand
60,931
44,818
61,790
45,632
Creditors: amounts falling due within one year
7
(4,082)
(6,171)
Net current assets
57,708
39,461
Total assets less current liabilities
1,547,708
1,529,461
Creditors: amounts falling due after more than one year
8
(1,237)
-
Provisions for liabilities
Deferred tax
(123,217)
(123,217)
Net assets
1,423,254
1,406,244
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,423,154
1,406,144
Shareholders' funds
1,423,254
1,406,244
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 21 August 2026 and were signed on its behalf by
Ross Badger Director Company Registration No. 02703620
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Newland Jem Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Newland Jem Limited is a private company, limited by shares, registered in England and Wales, registration number 02703620. The registered office is Hall Cottages, 2 The Cedars , Kirkby Fleetham, Northallerton, North Yorkshire, DL7 0SU, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2025
2,988
At 31 March 2026
2,988
Depreciation
At 1 April 2025
2,988
At 31 March 2026
2,988
Net book value
At 31 March 2026
-
5
Investment property
2026
£
Fair value at 1 April 2025
1,490,000
At 31 March 2026
1,490,000
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
859
814
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Newland Jem Limited Notes to the Accounts for the year ended 31 March 2026
7
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
210
139
Accruals
3,120
5,280
Deferred income
752
752
4,082
6,171
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Taxes and social security
1,237
-
9
Average number of employees
During the year the average number of employees was 2 (2025: 3).
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