REGISTERED NUMBER: 01893184 (England and Wales)

The Narrow Road Company Limited

Unaudited Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Ireson

Ms A Ireson

SECRETARY:

Mrs A G Ireson

REGISTERED OFFICE:

The Dutch House

First Floor

307 - 308 High Holborn

London

WC1V 7LL

REGISTERED NUMBER:

01893184 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,916

4,833

CURRENT ASSETS

Debtors

5

88,170

108,051

Cash at bank

394,247

430,413

482,417

538,464

CREDITORS

Amounts falling due within one year

6

(276,154

)

(288,600

)

NET CURRENT ASSETS

206,263

249,864

TOTAL ASSETS LESS CURRENT LIABILITIES

211,179

254,697

PROVISIONS FOR LIABILITIES

(1,201

)

(1,208

)

NET ASSETS

209,978

253,489

CAPITAL AND RESERVES

Called up share capital

9

3

Retained earnings

209,969

253,486

209,978

253,489

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

J Ireson - Director

1.	STATUTORY INFORMATION

The Narrow Road Company 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.

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

65,716

Additions

2,825

At 31 March 2025

68,541

DEPRECIATION

At 1 April 2024

60,883

Charge for year

2,742

At 31 March 2025

63,625

NET BOOK VALUE

At 31 March 2025

4,916

At 31 March 2024

4,833

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

65,413

96,515

Other debtors

22,757

11,536

88,170

108,051

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

97,258

112,948

Other creditors

178,896

175,652

276,154

288,600

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

62,770

27,325

Between one and five years

160,000

81,975

In more than five years

191,585

-

414,355

109,300

5 year lease is in place from 12th January 2023 with a mutual break option from 1st anniversary of the term with 12 months written notice. A mutual break option was exercised and the lease will cease in January 2026.

10 year lease is in place from 19th December 2024 with a mutual break option from 5th anniversary of the term with 6 months written notice.

At the year end the company had total commitments under operating leases expiring after 9 years of £414,354 (subject to break clause and notice being served).