NTS UK PROPERTIES (NO2) LTD

	Page
Company Information	1
Directors' Report	2
Accountant's Report	3
Profit and Loss Account	4
Balance Sheet	5
Statement of Changes in Equity	6
Notes to the Financial Statements	7—9

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Company No. 12873140

Directors' Report For The Year Ended 31 March 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors

The directors who held office during the year were as follows:

Mrs SIVATHARGINI THAYAPARAN

Mr THAYAPARAN NALLIAH

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mr THAYAPARAN NALLIAH

Director

17/11/2025

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NTS UK PROPERTIES (NO2) LTD

Accountant's Report

For The Year Ended 31 March 2025

Accountant's Report

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of NTS UK PROPERTIES (NO2) LTD for the year ended 31 March 2025 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the directors of NTS UK PROPERTIES (NO2) LTD in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of NTS UK PROPERTIES (NO2) LTD and state those matters that we have agreed to state to the directors of NTS UK PROPERTIES (NO2) LTD in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that NTS UK PROPERTIES (NO2) LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of NTS UK PROPERTIES (NO2) LTD . You consider that NTS UK PROPERTIES (NO2) LTD 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 financial statements of NTS UK PROPERTIES (NO2) LTD . 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 statutory financial statements.

R Kalaiyalahan

17/11/2025

KS & CO ACCOUNTANTS

177 Hook Road

Surbiton

Surrey

KT6 5AR

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NTS UK PROPERTIES (NO2) LTD

Profit and Loss Account

For The Year Ended 31 March 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
Administrative expenses		(505,774 )	(44,963 )
Other operating income		545,272	388,201

OPERATING PROFIT		39,498	343,238
Interest payable and similar charges		(524,398 )	(380,174 )

LOSS BEFORE TAXATION		(484,900 )	(36,936 )
Tax on Loss		(28,591 )	-

LOSS AFTER TAXATION BEING LOSS FOR THE FINANCIAL YEAR		(513,491 )	(36,936 )

The notes on pages 7 to 9 form part of these financial statements.

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NTS UK PROPERTIES (NO2) LTD

Balance Sheet

As At 31 March 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,176,262		1,741,467
Tangible Assets	5		19,833,736		7,132,498

			22,009,998		8,873,965
CURRENT ASSETS
Debtors	6	16,770		50,024

		16,770		50,024
Creditors: Amounts Falling Due Within One Year	7	(532,364 )		(280,137 )

NET CURRENT ASSETS (LIABILITIES)			(515,594 )		(230,113 )

TOTAL ASSETS LESS CURRENT LIABILITIES			21,494,404		8,643,852

Creditors: Amounts Falling Due After More Than One Year	8		(22,027,072 )		(8,691,620 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(28,591 )		-

NET LIABILITIES			(561,259 )		(47,768 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(561,359 )		(47,868 )

SHAREHOLDERS' FUNDS			(561,259)		(47,768)

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 in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr THAYAPARAN NALLIAH

Director

17/11/2025

The notes on pages 7 to 9 form part of these financial statements.

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NTS UK PROPERTIES (NO2) LTD

Statement of Changes in Equity

For The Year Ended 31 March 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 April 2023	100	(10,932 )	(10,832)
Loss for the year and total comprehensive income	-	(36,936 )	(36,936)

As at 31 March 2024 and 1 April 2024	100	(47,868 )	(47,768)


Loss for the year and total comprehensive income	-	(513,491 )	(513,491)

As at 31 March 2025	100	(561,359 )	(561,259)

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NTS UK PROPERTIES (NO2) LTD

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

NTS UK PROPERTIES (NO2) LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12873140 . The registered office is 57 Blakes Avenue, New Malden, Surrey, KT3 6RF.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.

2.4. 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:

Freehold	N/A
Plant & Machinery	10% straight line

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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: NIL (2024: NIL)

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NTS UK PROPERTIES (NO2) LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 April 2024	1,395,000	371,835	1,766,835
Additions	-	536,772	536,772

As at 31 March 2025	1,395,000	908,607	2,303,607

Amortisation
As at 1 April 2024	-	25,368	25,368
Provided during the period	-	101,977	101,977

As at 31 March 2025	-	127,345	127,345

Net Book Value
As at 31 March 2025	1,395,000	781,262	2,176,262

As at 1 April 2024	1,395,000	346,467	1,741,467

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	6,929,998	225,000	7,154,998
Additions	12,932,015	-	12,932,015

As at 31 March 2025	19,862,013	225,000	20,087,013

Depreciation
As at 1 April 2024	-	22,500	22,500
Provided during the period	178,758	52,019	230,777

As at 31 March 2025	178,758	74,519	253,277

Net Book Value
As at 31 March 2025	19,683,255	150,481	19,833,736

As at 1 April 2024	6,929,998	202,500	7,132,498

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	-	48,200
VAT	16,770	1,824

	16,770	50,024

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	532,364	280,137

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NTS UK PROPERTIES (NO2) LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	13,021,708	5,477,296
Amounts owed to related parties	9,005,364	3,214,324

	22,027,072	8,691,620

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

NTS Motor Fuel Ltd

£7,905,364 owed to NTS Motor Fuel Ltd by NTS UK Properties (No2) Ltd

NTS Retail Ltd

£1,000,000 owed to NTS Retail Ltd by NTS UK Properties (No2) Ltd

11. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is NTS GLOBAL GROUP LTD . NTS GLOBAL GROUP LTD was incorporated in England and prepares the group financial statements. The registered office of NTS Holding Ltd is 93 Central Road, Worcester Park, KT4 8DY . The ultimate controlling party is NTS GLOBAL GROUP LTD who controls 100% of the shares of NTS UK PROPERTIES (NO2) LTD .

12. Audit Exemption

This Company is entitled to exemption from audit under Section 479 of the Companies Act 2006 relating to subsidiary companies for the period ended 31 March 2024.

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