REGISTERED NUMBER: 05738059 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NORTHWAY COMMUNICATIONS SERVICES (UK)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R P Bartlett

G Denning

D P Sutherland

REGISTERED OFFICE:

The Loft Suite

Deer Park Business Centre

Eckington

Pershore

Worcestershire

WR10 3DN

REGISTERED NUMBER:

05738059 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Tangible assets

4

97,255

174,404

CURRENT ASSETS

Stocks

755

2,020

Debtors

5

202,275

207,154

Cash at bank

566,695

503,264

769,725

712,438

CREDITORS

Amounts falling due within one year

6

271,006

244,357

NET CURRENT ASSETS

498,719

468,081

TOTAL ASSETS LESS CURRENT LIABILITIES

595,974

642,485

PROVISIONS FOR LIABILITIES

21,217

43,601

NET ASSETS

574,757

598,884

CAPITAL AND RESERVES

Called up share capital

731

731

Retained earnings

574,026

598,153

SHAREHOLDERS' FUNDS

574,757

598,884

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

G Denning - Director

R P Bartlett - Director

D P Sutherland - Director

1.	STATUTORY INFORMATION

Northway Communications Services (Uk) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised in accordance with the stage of contract completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

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

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern

The directors have considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern have been identified by them.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

8,622

91,522

240,525

340,669

Disposals

(8,622

)

(63,984

)

(34,740

)

(107,346

)

At 31 March 2025

-

27,538

205,785

233,323

DEPRECIATION

At 1 April 2024

8,622

63,805

93,838

166,265

Charge for year

-

9,064

51,446

60,510

Eliminated on disposal

(8,622

)

(60,700

)

(21,385

)

(90,707

)

At 31 March 2025

-

12,169

123,899

136,068

NET BOOK VALUE

At 31 March 2025

-

15,369

81,886

97,255

At 31 March 2024

-

27,717

146,687

174,404

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

48,539

84,613

Amounts owed by group undertakings

75,856

-

Other debtors

1,422

10,126

Directors' loan accounts

-

24,870

Accrued income

70,636

77,754

Prepayments

5,822

9,791

202,275

207,154

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

101,943

72,267

Amounts owed to group undertakings

-

7,644

Corporation Tax

100,668

112,751

Social security and other taxes

7,981

4,757

Pensions control

1,263

898

VAT

54,771

35,472

Other creditors

59

3,119

Directors' loan accounts

641

-

Accrued expenses

3,680

7,449

271,006

244,357

7.	OTHER FINANCIAL COMMITMENTS

The company had total commitments at the year end of £42,789 (2024 £70,196).

8.	TRANSACTIONS WITH DIRECTORS

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

G Denning

Balance outstanding at start of year

8,948

7,698

Amounts advanced

295

10,120

Amounts repaid

(9,260

)

(8,870

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(17

)

8,948

R P Bartlett

Balance outstanding at start of year

8,376

(312

)

Amounts advanced

-

9,000

Amounts repaid

(8,688

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(312

)

8,376

D P Sutherland

Balance outstanding at start of year

7,546

(1,142

)

Amounts advanced

-

9,000

Amounts repaid

(7,858

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(312

)

7,546

No interest is being charged on the loans and there are no set repayment terms.

9.	ULTIMATE PARENT COMPANY

During 2017, the shares in the company were acquired by Northway Communications Holdings Limited such that Northway Communications Services (UK) Limited is now a fully owned subsidiary of the company. The parent company's registered address is The Loft Suite, Deer Park Business Centre, Eckington, Pershore WR10 3DN.