REGISTERED NUMBER: 12237300 (England and Wales)

NEWCHAPTERPROPERTY LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J A Curry

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

12237300 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

2,605

2,615

Investment property

5

410,000

410,000

412,605

412,615

CURRENT ASSETS

Debtors

6

1,809

7,291

Cash at bank

2,651

4,037

4,460

11,328

CREDITORS

Amounts falling due within one year

7

36,169

45,512

NET CURRENT LIABILITIES

(31,709

)

(34,184

)

TOTAL ASSETS LESS CURRENT LIABILITIES

380,896

378,431

CREDITORS

Amounts falling due after more than one year

8

(327,150

)

(332,705

)

PROVISIONS FOR LIABILITIES

(10,627

)

(7,895

)

NET ASSETS

43,119

37,831

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

78,690

71,946

Retained earnings

(35,671

)

(34,215

)

SHAREHOLDERS' FUNDS

43,119

37,831

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 7th October 2026 and were signed by:

J A Curry - Director

1.	STATUTORY INFORMATION

Newchapterproperty Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st January 2025

2,798

Additions

849

At 31st December 2025

3,647

DEPRECIATION

At 1st January 2025

183

Charge for year

859

At 31st December 2025

1,042

NET BOOK VALUE

At 31st December 2025

2,605

At 31st December 2024

2,615

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2025

and 31st December 2025

410,000

NET BOOK VALUE

At 31st December 2025

410,000

At 31st December 2024

410,000

Fair value at 31st December 2025 is represented by:

£

Valuation in 2021

75,399

Valuation in 2022

13,425

Cost

321,176

410,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,500

6,735

Prepayments

309

556

1,809

7,291

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

2,980

-

Directors' current accounts

25,014

36,976

Accrued expenses

2,619

2,980

36,169

45,512

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

5,556

5,556

Bank loans - 2-5 years

16,667

16,667

Bank loans more 5 yr by instal

304,927

310,482

327,150

332,705

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

304,927

310,482

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

At 1st January 2025

71,946

Deferred tax movement

6,744

At 31st December 2025

78,690

11.	GOING CONCERN

The company and the director are committed to finding a viable solution to support the company's trading in the future, and on that basis the company is considered a going concern.