Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 October 2021 false 1 April 2023 31 March 2024 31 March 2024 12873140 Mrs SIVATHARGINI THAYAPARAN Mr THAYAPARAN NALLIAH NTS HOLDING LTD 53 Burlington Road, New Malden, KT3 4LP true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12873140 2023-03-31 12873140 2024-03-31 12873140 2023-04-01 2024-03-31 12873140 frs-core:CurrentFinancialInstruments 2024-03-31 12873140 frs-core:Non-currentFinancialInstruments 2024-03-31 12873140 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 12873140 frs-core:NetGoodwill 2024-03-31 12873140 frs-core:NetGoodwill 2023-04-01 2024-03-31 12873140 frs-core:NetGoodwill 2023-03-31 12873140 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 12873140 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12873140 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 12873140 frs-core:OtherResidualIntangibleAssets 2024-03-31 12873140 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 12873140 frs-core:OtherResidualIntangibleAssets 2023-03-31 12873140 frs-core:PlantMachinery 2024-03-31 12873140 frs-core:PlantMachinery 2023-04-01 2024-03-31 12873140 frs-core:PlantMachinery 2023-03-31 12873140 frs-core:ShareCapital 2024-03-31 12873140 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12873140 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12873140 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 12873140 frs-bus:SmallEntities 2023-04-01 2024-03-31 12873140 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12873140 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12873140 1 2023-04-01 2024-03-31 12873140 frs-bus:Director1 2023-04-01 2024-03-31 12873140 frs-bus:Director2 2023-04-01 2024-03-31 12873140 frs-countries:EnglandWales 2023-04-01 2024-03-31 12873140 2021-09-30 12873140 2023-03-31 12873140 2021-10-01 2023-03-31 12873140 frs-core:CurrentFinancialInstruments 2023-03-31 12873140 frs-core:Non-currentFinancialInstruments 2023-03-31 12873140 frs-core:ShareCapital 2023-03-31 12873140 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12873140
NTS UK PROPERTIES (NO2) LTD
Financial Statements
For The Year Ended 31 March 2024
KS & CO ACCOUNTANTS
177 Hook Road
Surbiton
Surrey
KT6 5AR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12873140
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,741,467 262,378
Tangible Assets 5 7,132,498 5,249,998
8,873,965 5,512,376
CURRENT ASSETS
Debtors 6 50,024 -
50,024 -
Creditors: Amounts Falling Due Within One Year 7 (280,137 ) (21,804 )
NET CURRENT ASSETS (LIABILITIES) (230,113 ) (21,804 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,643,852 5,490,572
Creditors: Amounts Falling Due After More Than One Year 8 (8,691,620 ) (5,501,404 )
NET LIABILITIES (47,768 ) (10,832 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (47,868 ) (10,932 )
SHAREHOLDERS' FUNDS (47,768) (10,832)
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr THAYAPARAN NALLIAH
Director
26/12/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
NTS UK PROPERTIES (NO2) LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12873140 . The registered office is 57 Blakes Avenue, New Malden, Surrey, KT3 6RF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold N/A
Plant & Machinery 10% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 April 2023 - 273,310 273,310
Additions 1,395,000 98,525 1,493,525
As at 31 March 2024 1,395,000 371,835 1,766,835
Amortisation
As at 1 April 2023 - 10,932 10,932
Provided during the period - 14,436 14,436
As at 31 March 2024 - 25,368 25,368
Net Book Value
As at 31 March 2024 1,395,000 346,467 1,741,467
As at 1 April 2023 - 262,378 262,378
Page 3
Page 4
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2023 5,249,998 - 5,249,998
Additions 1,680,000 225,000 1,905,000
As at 31 March 2024 6,929,998 225,000 7,154,998
Depreciation
As at 1 April 2023 - - -
Provided during the period - 22,500 22,500
As at 31 March 2024 - 22,500 22,500
Net Book Value
As at 31 March 2024 6,929,998 202,500 7,132,498
As at 1 April 2023 5,249,998 - 5,249,998
6. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Prepayments and accrued income 48,200 -
VAT 1,824 -
50,024 -
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Bank loans and overdrafts 280,137 21,804
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 March 2023
£ £
Bank loans 5,477,296 3,484,728
Other creditors - 2,016,676
Amounts owed to related parties 3,214,324 -
8,691,620 5,501,404
9. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
10. Related Party Transactions
NTS Motor Fuel Ltd£3,214,324 owed to NTS Motor Fuel Ltd by NTS UK Properties (No2) Ltd

NTS Motor Fuel Ltd

£3,214,324 owed to NTS Motor Fuel Ltd by NTS UK Properties (No2) Ltd

11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is NTS HOLDING LTD . NTS HOLDING LTD was incorporated in England and prepares the group financial statements. The registered office of NTS Holding Ltd is 53 Burlington Road, New Malden, KT3 4LP . The ultimate controlling party is NTS HOLDING LTD who controls 100% of the shares of NTS UK PROPERTIES (NO2) LTD .
12. Audit Exemption
This Company is entitled to exemption from audit under Section 479 of the Companies Act 2006 relating to subsidiary companies for the period ended 31 March 2024.
Page 5