Newhaven Court (Cromer) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12658670

Newhaven Court (Cromer) Limited

Unaudited financial statements

31 December 2025

Newhaven Court (Cromer) Limited

Statement of financial position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		3,250,000		3,250,000

Current assets

Cash at bank and in hand	28,653		65,686

Creditors: Amounts falling due within one year	6	( 95,201)		( 91,508)
		-------		-------
Net current liabilities			( 66,548)		( 25,822)
			-----------		-----------
Total assets less current liabilities			3,183,452		3,224,178

Provisions

Taxation including deferred tax		( 251,010)		( 251,010)

Accruals and deferred income	( 3,750)	( 3,400)
	-----------	-----------
Net assets	2,928,692	2,969,768
	-----------	-----------

Capital and reserves

Called up share capital	7	1,000	1,000
Revaluation reserve	8	753,030	753,030
Capital contribution reserve	8	750,000	750,000
Profit and loss account	8	1,424,662	1,465,738
		-----------	-----------
Shareholders funds		2,928,692	2,969,768
		-----------	-----------

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 comprehensive income 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 .

Newhaven Court (Cromer) Limited

Statement of financial position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 23 September 2026 , and are signed on behalf of the board by:

Mr K J Woodrow

Director

Company registration number: 12658670

Newhaven Court (Cromer) 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 company's registration number is 12658670 . The address of the registered office is 3 Arbor Road, Cromer, Norfolk, NR27 9DW. This is also the trading address of the company.

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 is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.

Income tax

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.

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.

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 employees during the year was 4 (2024: 4 ).

5. Tangible assets

	Investment property
	£
Cost
At 1 January 2025 and 31 December 2025	3,250,000
	-----------
Depreciation
At 1 January 2025 and 31 December 2025	–
	-----------
Carrying amount
At 31 December 2025	3,250,000
	-----------
At 31 December 2024	3,250,000
	-----------

At 31 December 2025 the directors considered the market value of investment properties to be £3,250,000 (2024: £3,250,000). No depreciation has been charged during the year on land and buildings as the directors consider there is no material difference between the carrying value and estimated residual value.

6. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	36,974	33,281
Other creditors	58,227	58,227
	-------	-------
	95,201	91,508
	-------	-------

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary 'A' shares of £ 1 each	150	150	150	150
Ordinary 'B' shares of £ 1 each	100	100	100	100
Ordinary 'C' shares of £ 1 each	150	150	150	150
Ordinary 'D' shares of £ 1 each	100	100	100	100
Ordianry 'E' shares of £ 1 each	150	150	150	150
Ordinary 'F' shares of £1 each	100	100	100	100
Ordinary 'G' shares of £1 each	150	150	150	150
Ordinary 'H' shares of £1 each	100	100	100	100
	------	------	------	------
	1,000	1,000	1,000	1,000
	------	------	------	------

8. Reserves

Profit and loss account Represents cumulative profit and losses, net of dividends paid and other adjustments. Capital contribution reserve The capital contribution reserve represents a one-half share received in the freehold of Newhaven Court, Cromer.

9. Directors' advances, credits and guarantees

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

	2025
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
A director	–	–	–
	----	----	----

	2024
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
A director	33,141	( 33,141)	–
	-------	-------	----