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REGISTERED NUMBER: 05908897 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Natspec

Natspec (Registered number: 05908897)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Natspec

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Ms L Barrett
Ms T J Gillett
Ms J A Young
B A Bastin
A M Brown
P M Cook
Ms J A A Ferguson
Ms A Fisher
Ms K A Ford
Ms T A Forman
Ms M M Green
Ms C Phillips
M Shelton
A W Smith
S Dewing
B Murphy
D J P Welch





REGISTERED OFFICE: 11 Oak Street
Nottingham
NG5 2AT





REGISTERED NUMBER: 05908897 (England and Wales)





ACCOUNTANTS: HUB3 LIMITED
Market Place
Crich
Matlock
Derbyshire
DE45DD

Natspec (Registered number: 05908897)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 322 817
Investments 5 464,328 473,112
464,650 473,929

CURRENT ASSETS
Debtors 6 212,109 187,562
Cash at bank 152,471 87,684
364,580 275,246
CREDITORS
Amounts falling due within one year 7 264,201 212,261
NET CURRENT ASSETS 100,379 62,985
TOTAL ASSETS LESS CURRENT
LIABILITIES

565,029

536,914

RESERVES
Retained earnings 565,029 536,914
565,029 536,914

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

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

The directors acknowledge their 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.

Natspec (Registered number: 05908897)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:





Ms L Barrett - Director


Natspec (Registered number: 05908897)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Natspec is a private company , 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Natspec (Registered number: 05908897)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 5,141
DEPRECIATION
At 1 April 2024 4,324
Charge for year 495
At 31 March 2025 4,819
NET BOOK VALUE
At 31 March 2025 322
At 31 March 2024 817

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 473,112
Additions 6,560
Disposals (20,000 )
Revaluations 4,656
At 31 March 2025 464,328
NET BOOK VALUE
At 31 March 2025 464,328
At 31 March 2024 473,112

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2025 464,328

Natspec (Registered number: 05908897)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 187,556 164,909
Other debtors 24,553 22,653
212,109 187,562

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 26,802 34,093
Taxation and social security 40,992 30,658
Other creditors 196,407 147,510
264,201 212,261