ACCOUNTS - Final Accounts preparation

Registered number: 13121259

NETWORKS CENTRE INVESTMENTS LIMITED

AUDITED ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

NETWORKS CENTRE INVESTMENTS LIMITED

REGISTERED NUMBER: 13121259

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Current asset investments	4	519,385		475,595
Cash and cash equivalents		20,387		5,571
Current liabilities		539,772		481,166
Creditors: amounts falling due within one year		(494,265)		(467,984)
Net current assets			45,507		13,182
Total assets less current liabilities			45,507		13,182

Net assets			45,507		13,182

Capital and reserves
Called up share capital	6	1	1
Profit and loss account		45,506	13,181
		45,507	13,182

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 July 2025.

Mr D Lindsay

Director

Page 1

NETWORKS CENTRE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	Company information

Networks Centre Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bentley House, Wiston Business Park, London Road, Ashington, West Sussex, RH20 3DJ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost conversion, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

2.2

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered relevant information, including the annual budget, forecast future cash flows to June 2026 and the impact of subsequent events in making their assessment, benefiting from increased demand in the data centre space and intelligent buildings, the directors have performed a robust analysis of forecast future cash flows. This analysis also considers the effectiveness of available measures to assist in mitigating any potential impact.
The directors have a letter of support from Networks Centre Limited that the intercompany debt will not be called upon to be repaid before July 2026 (£493,769).
Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty in relation to the appropriateness of continuing to adopt the going concern basis in preparing the annual report and financial statements..

2.3

Current asset investments

Current asset investments comprise listed equity investments and cash or cash equivalents held within the investment account. Listed investments are remeasured to market value at each reporting date, with any gains or losses arising from remeasurement recognised in profit or loss. Cash and cash equivalents are stated at nominal value. All amounts are readily realisable within one year.

2.4

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

Page 2

NETWORKS CENTRE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statements of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at transaction price including transaction costs.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including trade and other payables and loans from fellow group companies that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2.6

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Employees

	The Company has no employees other than the Directors, who did not receive any remuneration (2023 - £NIL).
	The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

4.	Current asset investments
		2024	2023
		£	£

Investments	519,385	475,595
	519,385	475,595

Page 3

NETWORKS CENTRE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Financial instruments
		2024	2023
		£	£

	Carrying amount of financial assets
	Instruments measured at fair value through profit or loss	428,086	374,636

6.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 Ordinary share capital share of £1.00	1	1

7.	Related party transactions
	The company has taken advantage of the exemption under FRS102 section 33 paragraph 1a and therefore has not reported the related party transactions or balances of companies within the group.

8.	Ultimate controlling party

The immediate parent company is Networks Holding Company Limited (NHCL), a company registered in England and Wales.
The ultimate parent (owner of NHCL) is Alcadon Group AB, based in Sweden. Consolidated accounts are available at https://alcadongroup .se/en/investerare/finansiella -rapporter /. The smallest group that consolidates is Alcadon Group AB. Company address is: Segelbatsvagen 2, 112 64 Stockholm, Sweden.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 27 August 2025 by Hetal Mistry (Senior statutory auditor) on behalf of Nyman Libson Paul LLP.

Page 4