Net Coverage Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05127651

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		290,058		245,363
Investments	5		-		100

			290,058		245,463
CURRENT ASSETS
Stocks	6	59,152		60,465
Debtors	7	4,501,393		3,564,571
Cash at bank and in hand		65,954		91,511

		4,626,499		3,716,547
Creditors: Amounts Falling Due Within One Year	8	(2,990,922 )		(2,432,981 )

NET CURRENT ASSETS (LIABILITIES)			1,635,577		1,283,566

TOTAL ASSETS LESS CURRENT LIABILITIES			1,925,635		1,529,029

PROVISIONS FOR LIABILITIES
Deferred Taxation			(61,419 )		(86,478 )

NET ASSETS			1,864,216		1,442,551

CAPITAL AND RESERVES
Called up share capital			424,009		424,001
Profit and Loss Account			1,440,207		1,018,550

SHAREHOLDERS' FUNDS			1,864,216		1,442,551

Page 1

Page 2

Net Coverage Solutions Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 Peter Morrell-Brown Director	Mrs Helen Sammon Director
31/10/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Net Coverage Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05127651 . The registered office is Craven Court, Stanhope Road, Camberley, Surrey, GU15 3BS.

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

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:

Mobile tower related assets - over 10 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss

Plant & Machinery	Over 3 years
Motor Vehicles	Over 3 years
Fixtures & Fittings	Over 3 years
Computer Equipment	Over 3 years

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Page 3

Page 4

Net Coverage Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 49 (2024: 48)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	62,289	23,450	72,753	558,981	717,473
Additions	1,976	-	4,682	133,639	140,297
Disposals	-	-	-	(20,300 )	(20,300 )

As at 31 March 2025	64,265	23,450	77,435	672,320	837,470

Depreciation
As at 1 April 2024	58,517	8,468	36,164	368,961	472,110
Provided during the period	3,002	7,817	15,042	69,741	95,602
Disposals	-	-	-	(20,300 )	(20,300 )

As at 31 March 2025	61,519	16,285	51,206	418,402	547,412

Net Book Value
As at 31 March 2025	2,746	7,165	26,229	253,918	290,058

As at 1 April 2024	3,772	14,982	36,589	190,020	245,363

Page 4

Page 5

Net Coverage Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investments

	Unlisted
	£
Cost
As at 1 April 2024	100
Disposals	(100 )

As at 31 March 2025	-

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	100

Net Coverage Solutions International Ltd was dissolved on 18th March 2025

6. Stocks

	2025	2024
	£	£
Stock	59,152	60,465

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,834,550	1,578,420
Amounts owed by group undertakings	410,926	420,230
Other debtors	2,255,917	1,565,921

	4,501,393	3,564,571

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	884,790	671,045
Bank loans and overdrafts	57,952	36,786
Other creditors	1,337,681	1,348,466
Taxation and social security	710,499	376,684

	2,990,922	2,432,981

9. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	568,229	-
Final dividend paid	-	1,147,732

	568,229	1,147,732

Page 5

Page 6

Net Coverage Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Share capital

During the financial year the Company issued 1,000 Ordinary B, C, D, E, F, G, H and I shares at a nominal value of £0.001 each

	2025	2024
Alloted, called up and fully paid:	£	£
424,001 Ordinary shares of £1 each	424,001	424,001
1,000 Ordinary B shares of £0.001 each	1	-
1,000 Ordinary C shares of £0.001 each	1	-
1,000 Ordinary D shares of £0.001 each	1	-
1,000 Ordinary E shares of £0.001 each	1	-
1,000 Ordinary F shares of £0.001 each	1	-
1,000 Ordinary G shares of £0.001 each	1	-
1,000 Ordinary H shares of £0.001 each	1	-
1,000 Ordinary I shares of £0.001 each	1	-
	424,009	424,001

Shares issued during the period:	£
1,000 Ordinary B shares of £0.001 each	1
1,000 Ordinary C shares of £0.001 each	1
1,000 Ordinary D shares of £0.001 each	1
1,000 Ordinary E shares of £0.001 each	1
1,000 Ordinary F shares of £0.001 each	1
1,000 Ordinary G shares of £0.001 each	1
1,000 Ordinary H shares of £0.001 each	1
1,000 Ordinary I shares of £0.001 each	1
	8

Page 6