Registration number: 03032928

New Leaf Publishing Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

New Leaf Publishing Limited

Company Information

Directors

Mr R A Bryant-Funnell Miss S E Bryant-Funnell Mrs O R Darcy

Company secretary

Mrs W N Bryant-Funnell

Registered office

Studio 2 Willowfield Studio 67A Willowfield Road Eastbourne East Sussex England BN22 8AP

New Leaf Publishing Limited

(Registration number: 03032928)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	3,815	4,233
Current assets
Stocks	5	40,244	36,913
Debtors	6	115,138	42,542
Cash at bank and in hand		9,170	35,520
		164,552	114,975
Creditors: Amounts falling due within one year	7	(459,236)	(570,227)
Net current liabilities		(294,684)	(455,252)
Net liabilities		(290,869)	(451,019)
Capital and reserves
Called up share capital		98	98
Retained earnings		(290,967)	(451,117)
Shareholders' deficit		(290,869)	(451,019)

For the financial year ending 31 March 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 year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 November 2026 and signed on its behalf by:
 

......................................... Mr R A Bryant-Funnell Director

New Leaf Publishing Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Studio 2 Willowfield Studio
67A Willowfield Road
Eastbourne
East Sussex
BN22 8AP
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

New Leaf Publishing Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Plant and equipment	10% reducing balance
Fixtures,fittings and equipment	10% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

New Leaf Publishing Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2025 - 8).

New Leaf Publishing Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2025	42,481	15,000	57,481
At 31 March 2026	42,481	15,000	57,481
Depreciation
At 1 April 2025	38,781	14,467	53,248
Charge for the year	365	53	418
At 31 March 2026	39,146	14,520	53,666
Carrying amount
At 31 March 2026	3,335	480	3,815
At 31 March 2025	3,700	533	4,233

5

Stocks

	2026 £	2025 £
Other inventories	40,244	36,913

6

Debtors

	Note	2026 £	2025 £
Trade debtors		-	164
Amounts owed by group undertakings and undertakings in which the company has a participating interest	8	90,294	-
Taxation and social security		22,639	11,020
Prepayments		-	29,850
Other debtors		2,205	1,508
		115,138	42,542

New Leaf Publishing Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	40,006	74,043
Taxation and social security	24	8,352
Accruals and deferred income	382,371	470,507
Other creditors	737	1,227
Director loan account	36,098	16,098
	459,236	570,227

8	Related party transactions

Summary of transactions with other related parties

Bryant-Funnell Limited
Oxfordian Archive Ltd Bryant-Funnell Ltd - Purchases made from company in which R A Bryant-Funnell and Mrs W N Bryant - Funnell have an interest as directors and shareholders.
Oxfordian Archive Ltd - R A Bryant-Funnell,Mrs W N Bryant- Funnell,S E Bryant-Funnell and O R Darcy all have an interest as directors and shareholders.

Income and receivables from related parties

2026	Other related parties £
Amounts receivable from related party	90,294

2025

Expenditure with and payables to related parties

2026	Other related parties £
Purchase of goods	5,000

2025	Other related parties £
Purchase of goods	6,772

New Leaf Publishing Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

9

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	24	-