NEWLORDS LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01241641

NEWLORDS LIMITED

Filleted Unaudited Financial Statements

31 December 2025

NEWLORDS LIMITED

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	735,365	733,662
Investments	6	153,530	278,590
		---------	------------
		888,895	1,012,252

Current assets

Debtors	7	286,527	307,020
Cash at bank and in hand		343,928	45,911
		---------	---------
		630,455	352,931

Creditors: amounts falling due within one year	8	273,570		47,452
		---------		---------
Net current assets			356,885	305,479
			------------	------------
Total assets less current liabilities			1,245,780	1,317,731

Creditors: amounts falling due after more than one year	9		1,470,450	1,470,450

Provisions

Taxation including deferred tax	150	150
	------------	------------
Net liabilities	( 224,820)	( 152,869)
	------------	------------

Capital and reserves

Called up share capital	225,000	225,000
Profit and loss account	( 449,820)	( 377,869)
	---------	---------
Shareholder deficit	( 224,820)	( 152,869)
	---------	---------

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.

Director's responsibilities:

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

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

NEWLORDS LIMITED

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 1 September 2026 , and are signed on behalf of the board by:

Mr.A Meshiea
Director

Company registration number: 01241641

NEWLORDS 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 & Wales. The address of the registered office is Unit 6, Cambridge Court, Shepherds Bush Road, Hammersmith, London, W6 7NJ.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover shown in the profit and loss account represents amounts received for rents and fees during the year exclusive of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

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

Fixtures and fittings	-	25% reducing balance
Equipment	-	25% reducing balance

Investments

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

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 January 2025	732,977	7,134	6,442	746,553
Additions	–	–	2,498	2,498
	---------	-------	-------	---------
At 31 December 2025	732,977	7,134	8,940	749,051
	---------	-------	-------	---------
Depreciation
At 1 January 2025	–	7,032	5,859	12,891
Charge for the year	–	25	770	795
	---------	-------	-------	---------
At 31 December 2025	–	7,057	6,629	13,686
	---------	-------	-------	---------
Carrying amount
At 31 December 2025	732,977	77	2,311	735,365
	---------	-------	-------	---------
At 31 December 2024	732,977	102	583	733,662
	---------	-------	-------	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 January 2025	278,590
Additions	25,000
Disposals	( 150,060)
	---------
At 31 December 2025	153,530
	---------
Impairment
At 1 January 2025 and 31 December 2025	–
	---------

Carrying amount
At 31 December 2025	153,530
	---------
At 31 December 2024	278,590
	---------

This consists of seed investment in a technology company.

7. Debtors

	2025	2024
	£	£
Other debtors	286,527	307,020
	---------	---------

Other debtors include an amount of £283,575 (2024: £283,575) owed by Newlords International (UK) ltd, a company in which Mr A Meshiea is a director. Both companies are under common control.

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	6,206	–
Other creditors	267,364	47,452
	---------	--------
	273,570	47,452
	---------	--------

Included in other creditors is £236,225 (2024: £35,389) owed to director Mr A. Meshiea.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,470,450	1,470,450
	------------	------------

Long-term creditors include £1,470,450 (2024: £1,470,450) owed to the holding company Tappahanock Corporation.

10. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr.A Meshiea	( 35,389)	( 200,836)	( 236,225)
	--------	---------	---------

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr.A Meshiea	( 10,635)	( 24,754)	( 35,389)
	--------	--------	--------

11. Controlling party

The immediate and ultimate holding company is Tappahanock Corporation which is incorporated in Panama.