New Gen (UK) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07112929

New Gen (UK) Limited

Filleted Unaudited Financial Statements

31 December 2025

New Gen (UK) Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

New Gen (UK) Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	5,380	8,476
Investments	6	89,342	82,817
		--------	--------
		94,722	91,293

Current assets

Debtors	7	1,347,878	1,242,077
Cash at bank and in hand		112,970	62,477
		------------	------------
		1,460,848	1,304,554

Creditors: amounts falling due within one year	8	324,804		273,844
		------------		------------
Net current assets			1,136,044	1,030,710
			------------	------------
Total assets less current liabilities			1,230,766	1,122,003

Provisions

Taxation including deferred tax	1,335	2,113
	------------	------------
Net assets	1,229,431	1,119,890
	------------	------------

New Gen (UK) Limited

Statement of Financial Position (continued)

31 December 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	400	400
Profit and loss account	1,229,031	1,119,490
	------------	------------
Shareholders funds	1,229,431	1,119,890
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 August 2026 , and are signed on behalf of the board by:

R A Stevens
Director

Company registration number: 07112929

New Gen (UK) Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Box Bush Cottage, Wickridge Street, Ashleworth, Gloucester, GL19 4JW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% straight line
Office Furniture & Equipment	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2024: 11 ).

5. Tangible assets

	Plant and machinery	Office Furniture & Equipment	Total
	£	£	£
Cost
At 1 January 2025	10,500	7,444	17,944
Additions	–	829	829
Disposals	–	( 2,339)	( 2,339)
	--------	-------	--------
At 31 December 2025	10,500	5,934	16,434
	--------	-------	--------
Depreciation
At 1 January 2025	5,694	3,774	9,468
Charge for the year	2,625	1,300	3,925
Disposals	–	( 2,339)	( 2,339)
	--------	-------	--------
At 31 December 2025	8,319	2,735	11,054
	--------	-------	--------
Carrying amount
At 31 December 2025	2,181	3,199	5,380
	--------	-------	--------
At 31 December 2024	4,806	3,670	8,476
	--------	-------	--------

6. Investments

	Other investments other than loans
	£
Cost or valuation
At 1 January 2025	82,817
Revaluations	6,525
	--------
At 31 December 2025	89,342
	--------
Impairment
At 1 January 2025 and 31 December 2025	–
	--------

Carrying amount
At 31 December 2025	89,342
	--------
At 31 December 2024	82,817
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	152,275	131,085
Other debtors	1,195,603	1,110,992
	------------	------------
	1,347,878	1,242,077
	------------	------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	1,162,201	1,075,180
	------------	------------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	24,809	25,325
Social security and other taxes	69,764	73,125
Other creditors	230,231	175,394
	---------	---------
	324,804	273,844
	---------	---------

9. Other financial commitments

At the reporting date the company had commitments for future minimum lease payments under non-cancellable operating leases of £18,024 (2024 - £29,709).