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Registered number: 05195998
Connect Network Services Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Nuvo Scotland Limited
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3—4
Statement of Changes in Equity 5
Notes to the Financial Statements 6—8
Page 1
Company Information
Director Mr C Law
Secretary Mrs V Law
Company Number 05195998
Registered Office Mansfield Business Centre,
Ashfield Avenue,
Mansfield
NG18 2AE
Accountants Nuvo Scotland Limited
Argent House
Hook Rise South Industrial Park
Surbiton
KT6 7LD
Page 1
Page 2
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Connect Network Services Limited for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Connect Network Services Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Connect Network Services Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Connect Network Services Limited and state those matters that we have agreed to state to the director of Connect Network Services Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Connect Network Services Limited and its director as a body for our work or for this report.
It is your duty to ensure that Connect Network Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Connect Network Services Limited . You consider that Connect Network Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Connect Network Services Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
1 December 2025
Nuvo Scotland Limited
Argent House
Hook Rise South Industrial Park
Surbiton
KT6 7LD
Page 2
Page 3
Balance Sheet
Registered number: 05195998
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,031 7,362
9,031 7,362
CURRENT ASSETS
Debtors 5 78,665 55,663
Cash at bank and in hand 252,672 201,148
331,337 256,811
Creditors: Amounts Falling Due Within One Year 6 (88,833 ) (81,218 )
NET CURRENT ASSETS (LIABILITIES) 242,504 175,593
TOTAL ASSETS LESS CURRENT LIABILITIES 251,535 182,955
Creditors: Amounts Falling Due After More Than One Year 7 - (7,907 )
NET ASSETS 251,535 175,048
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account 251,533 175,046
SHAREHOLDERS' FUNDS 251,535 175,048
Page 3
Page 4
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 C Law
Director
1 December 2025
The notes on pages 6 to 8 form part of these financial statements.
Page 4
Page 5
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 September 2023 2 144,247 144,249
Profit for the year and total comprehensive income - 69,483 69,483
Dividends paid - (38,684) (38,684)
As at 31 August 2024 and 1 September 2024 2 175,046 175,048
Profit for the year and total comprehensive income - 111,616 111,616
Dividends paid - (35,129) (35,129)
As at 31 August 2025 2 251,533 251,535
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Connect Network Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05195998 . The registered office is Mansfield Business Centre,, Ashfield Avenue,, Mansfield, NG18 2AE.
The presentation currency of the financial statements is the Pound Sterling (£).
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. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Assets held under finance leases are depreciated in the same way as owned assets.
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:
Fixtures & Fittings 25% on cost
Computer Equipment 25% reducing balance
The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period.  The effect of any change is accounted for prospectively.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 3)
4 3
Page 6
Page 7
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2024 - 17,222 17,222
Additions 1,017 3,666 4,683
Disposals - (7,555 ) (7,555 )
As at 31 August 2025 1,017 13,333 14,350
Depreciation
As at 1 September 2024 - 9,860 9,860
Provided during the period 77 2,248 2,325
Disposals - (6,866 ) (6,866 )
As at 31 August 2025 77 5,242 5,319
Net Book Value
As at 31 August 2025 940 8,091 9,031
As at 1 September 2024 - 7,362 7,362
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 72,712 50,363
Prepayments and accrued income 5,902 5,300
Other debtors 51 -
78,665 55,663
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 14,400 13,813
Bank loans and overdrafts 7,907 10,319
Corporation tax 34,589 20,269
VAT 29,087 29,385
Other creditors 2,080 7,203
Director's loan account 770 229
88,833 81,218
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 7,907
Page 7
Page 8
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 8,245 8,245
Later than one year and not later than five years 23 8,238
8,268 16,483
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mr Chris Law (230 ) (9,644 ) 9,104 - (777 )
The above loan is interest free and has no fixed repayment terms.
Page 8