2024-02-012025-01-312025-01-31false13842575NGPTAX LIMITED2025-04-25falseiso4217:GBPxbrli:pure138425752024-02-01138425752025-01-31138425752024-02-012025-01-31138425752023-02-01138425752024-01-31138425752023-02-012024-01-3113842575bus:SmallEntities2024-02-012025-01-3113842575bus:AuditExempt-NoAccountantsReport2024-02-012025-01-3113842575bus:FullAccounts2024-02-012025-01-3113842575bus:PrivateLimitedCompanyLtd2024-02-012025-01-3113842575core:WithinOneYear2025-01-3113842575core:AfterOneYear2025-01-3113842575core:WithinOneYear2024-01-3113842575core:AfterOneYear2024-01-3113842575core:ShareCapital2025-01-3113842575core:SharePremium2025-01-3113842575core:RevaluationReserve2025-01-3113842575core:OtherReservesSubtotal2025-01-3113842575core:RetainedEarningsAccumulatedLosses2025-01-3113842575core:ShareCapital2024-01-3113842575core:SharePremium2024-01-3113842575core:RevaluationReserve2024-01-3113842575core:OtherReservesSubtotal2024-01-3113842575core:RetainedEarningsAccumulatedLosses2024-01-3113842575core:LandBuildings2025-01-3113842575core:PlantMachinery2025-01-3113842575core:Vehicles2025-01-3113842575core:FurnitureFittings2025-01-3113842575core:OfficeEquipment2025-01-3113842575core:NetGoodwill2025-01-3113842575core:IntangibleAssetsOtherThanGoodwill2025-01-3113842575core:ListedExchangeTraded2025-01-3113842575core:UnlistedNon-exchangeTraded2025-01-3113842575core:LandBuildings2024-01-3113842575core:PlantMachinery2024-01-3113842575core:Vehicles2024-01-3113842575core:FurnitureFittings2024-01-3113842575core:OfficeEquipment2024-01-3113842575core:NetGoodwill2024-01-3113842575core:IntangibleAssetsOtherThanGoodwill2024-01-3113842575core:ListedExchangeTraded2024-01-3113842575core:UnlistedNon-exchangeTraded2024-01-3113842575core:LandBuildings2024-02-012025-01-3113842575core:PlantMachinery2024-02-012025-01-3113842575core:Vehicles2024-02-012025-01-3113842575core:FurnitureFittings2024-02-012025-01-3113842575core:OfficeEquipment2024-02-012025-01-3113842575core:NetGoodwill2024-02-012025-01-3113842575core:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-3113842575core:ListedExchangeTraded2024-02-012025-01-3113842575core:UnlistedNon-exchangeTraded2024-02-012025-01-3113842575core:MoreThanFiveYears2024-02-012025-01-3113842575core:Non-currentFinancialInstruments2025-01-3113842575core:Non-currentFinancialInstruments2024-01-3113842575dpl:CostSales2024-02-012025-01-3113842575dpl:DistributionCosts2024-02-012025-01-3113842575core:LandBuildings2024-02-012025-01-3113842575core:PlantMachinery2024-02-012025-01-3113842575core:Vehicles2024-02-012025-01-3113842575core:FurnitureFittings2024-02-012025-01-3113842575core:OfficeEquipment2024-02-012025-01-3113842575dpl:AdministrativeExpenses2024-02-012025-01-3113842575core:NetGoodwill2024-02-012025-01-3113842575core:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-3113842575dpl:GroupUndertakings2024-02-012025-01-3113842575dpl:ParticipatingInterests2024-02-012025-01-3113842575dpl:GroupUndertakingscore:ListedExchangeTraded2024-02-012025-01-3113842575core:ListedExchangeTraded2024-02-012025-01-3113842575dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-02-012025-01-3113842575core:UnlistedNon-exchangeTraded2024-02-012025-01-3113842575dpl:CostSales2023-02-012024-01-3113842575dpl:DistributionCosts2023-02-012024-01-3113842575core:LandBuildings2023-02-012024-01-3113842575core:PlantMachinery2023-02-012024-01-3113842575core:Vehicles2023-02-012024-01-3113842575core:FurnitureFittings2023-02-012024-01-3113842575core:OfficeEquipment2023-02-012024-01-3113842575dpl:AdministrativeExpenses2023-02-012024-01-3113842575core:NetGoodwill2023-02-012024-01-3113842575core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113842575dpl:GroupUndertakings2023-02-012024-01-3113842575dpl:ParticipatingInterests2023-02-012024-01-3113842575dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3113842575core:ListedExchangeTraded2023-02-012024-01-3113842575dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3113842575core:UnlistedNon-exchangeTraded2023-02-012024-01-3113842575core:NetGoodwill2025-01-3113842575core:IntangibleAssetsOtherThanGoodwill2025-01-3113842575core:LandBuildings2025-01-3113842575core:PlantMachinery2025-01-3113842575core:Vehicles2025-01-3113842575core:FurnitureFittings2025-01-3113842575core:OfficeEquipment2025-01-3113842575core:AfterOneYear2025-01-3113842575core:WithinOneYear2025-01-3113842575core:ListedExchangeTraded2025-01-3113842575core:UnlistedNon-exchangeTraded2025-01-3113842575core:ShareCapital2025-01-3113842575core:SharePremium2025-01-3113842575core:RevaluationReserve2025-01-3113842575core:OtherReservesSubtotal2025-01-3113842575core:RetainedEarningsAccumulatedLosses2025-01-3113842575core:NetGoodwill2024-01-3113842575core:IntangibleAssetsOtherThanGoodwill2024-01-3113842575core:LandBuildings2024-01-3113842575core:PlantMachinery2024-01-3113842575core:Vehicles2024-01-3113842575core:FurnitureFittings2024-01-3113842575core:OfficeEquipment2024-01-3113842575core:AfterOneYear2024-01-3113842575core:WithinOneYear2024-01-3113842575core:ListedExchangeTraded2024-01-3113842575core:UnlistedNon-exchangeTraded2024-01-3113842575core:ShareCapital2024-01-3113842575core:SharePremium2024-01-3113842575core:RevaluationReserve2024-01-3113842575core:OtherReservesSubtotal2024-01-3113842575core:RetainedEarningsAccumulatedLosses2024-01-3113842575core:NetGoodwill2023-02-0113842575core:IntangibleAssetsOtherThanGoodwill2023-02-0113842575core:LandBuildings2023-02-0113842575core:PlantMachinery2023-02-0113842575core:Vehicles2023-02-0113842575core:FurnitureFittings2023-02-0113842575core:OfficeEquipment2023-02-0113842575core:AfterOneYear2023-02-0113842575core:WithinOneYear2023-02-0113842575core:ListedExchangeTraded2023-02-0113842575core:UnlistedNon-exchangeTraded2023-02-0113842575core:ShareCapital2023-02-0113842575core:SharePremium2023-02-0113842575core:RevaluationReserve2023-02-0113842575core:OtherReservesSubtotal2023-02-0113842575core:RetainedEarningsAccumulatedLosses2023-02-0113842575core:AfterOneYear2024-02-012025-01-3113842575core:WithinOneYear2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:CostValuation2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-012025-01-3113842575core:Non-currentFinancialInstrumentscore:CostValuation2025-01-3113842575core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2025-01-3113842575core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3113842575core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3113842575core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3113842575core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3113842575core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3113842575core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3113842575core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3113842575core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3113842575core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3113842575bus:Director12024-02-012025-01-31

NGPTAX LIMITED

Registered Number
13842575
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2025

NGPTAX LIMITED
Company Information
for the year from 1 February 2024 to 31 January 2025

Director

SINGH, Gagan

Registered Address

74 Pentland Road
Slough
SL2 1TN

Registered Number

13842575 (England and Wales)
NGPTAX LIMITED
Balance Sheet as at
31 January 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Intangible assets3260,733303,933
Tangible assets48,61710,862
269,350314,795
Current assets
Debtors5,58510,418
Cash at bank and on hand7,0693,173
12,65413,591
Creditors amounts falling due within one year5(258,780)(304,170)
Net current assets (liabilities)(246,126)(290,579)
Total assets less current liabilities23,22424,216
Net assets23,22424,216
Capital and reserves
Called up share capital11
Profit and loss account23,22324,215
Shareholders' funds23,22424,216
The financial statements were approved and authorised for issue by the Director on 25 April 2025, and are signed on its behalf by:
SINGH, Gagan
Director
Registered Company No. 13842575
NGPTAX LIMITED
Notes to the Financial Statements
for the year ended 31 January 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Land and buildings5
Plant and machinery5
Fixtures and fittings5
Vehicles5
Office Equipment5
2.Average number of employees

20252024
Average number of employees during the year01
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 February 24433,000433,000
At 31 January 25433,000433,000
Amortisation and impairment
At 01 February 24129,067129,067
Charge for year43,20043,200
At 31 January 25172,267172,267
Net book value
At 31 January 25260,733260,733
At 31 January 24303,933303,933
4.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 February 2412,6006,65019,250
Additions-1,9761,976
At 31 January 2512,6008,62621,226
Depreciation and impairment
At 01 February 244,6203,7688,388
Charge for year2,5201,7014,221
At 31 January 257,1405,46912,609
Net book value
At 31 January 255,4603,1578,617
At 31 January 247,9802,88210,862
5.Creditors: amounts due within one year

2025

2024

££
Trade creditors / trade payables71,14213,236
Bank borrowings and overdrafts187,638289,594
Taxation and social security-1,340
Total258,780304,170