Neocleous Limited

Registered Number: 16610299 Neocleous Limited
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £
Fixed assets
Intangible fixed assets	3	150,000
Tangible fixed assets	4	26,443
		176,443
Current assets
Stocks	5	1,000
Debtors	6	3,600
Cash at bank and in hand		51,928
		56,528
Creditors: amount falling due within one year		(206,752)
Net current assets		(150,224)

Total assets less current liabilities		26,219
Net assets		26,219

Capital and reserves
Called up share capital		100
Profit and loss account		26,119
Shareholders' funds		26,219

For the period ended 31 July 2026 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 accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 30 October 2026 and were signed on its behalf by:

-------------------------------
Costas Neocleous
Director

Neocleous Limited
Notes to the Financial Statements
For the Period 28 July 2025 to 31 July 2026

General Information

Neocleous Limited is a private company, limited by shares, registered in England and Wales, registration number 16610299, registration address First Floor, Hagley Court, 40 Vicarage Road, Birmingham, West Midlands, B15 3EZ. The trading address of the company is 37 Oxstalls Lane, Longlevens, Gloucester, GL2 9HP.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	10% Reducing Balance
Fixtures and Fittings	10% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 12.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 28 July 2025	-	-
Additions	150,000	150,000
Disposals	-	-
At 31 July 2026	150,000	150,000
Amortisation
At 28 July 2025	-	-
Charge for period	-	-
On disposals	-	-
At 31 July 2026	-	-
Net book values
At 31 July 2026	150,000	150,000
At 27 July 2025	-	-

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 28 July 2025	-	-	-
Additions	8,123	22,031	30,154
Disposals	-	-	-
At 31 July 2026	8,123	22,031	30,154
Depreciation
At 28 July 2025	-	-	-
Charge for period	812	2,899	3,711
On disposals	-	-	-
At 31 July 2026	812	2,899	3,711
Net book values
Closing balance as at 31 July 2026	7,311	19,132	26,443
Opening balance as at 28 July 2025	-	-	-

Stocks

	2026 £
Stocks	1,000
	1,000

Debtors: amounts falling due within one year

	2026 £
Trade Debtors	3,600
	3,600