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Registered Number: 02233394
England and Wales

 

 

 

EUROPEAN NETWORK SERVICES LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Director Mr S Corangi
Registered Number 02233394
Registered Office Unit 4
Orpheus House
Aldermaston
Berkshire
RG7 8TA
Accountants Dove Marsh & Jones
1 Andromeda House
Calleva Park
Aldermaston
Berkshire
RG7 8AP
1
Report to the directors on the preparation of the unaudited statutory accounts of European Network Services Limited for the year ended 31 March 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of European Network Services Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity 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://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of European Network Services Limited, as a body, in accordance with the terms of our engagement letter dated 29 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of European Network Services Limited and state those matters that we have agreed to state to the Board of Directors of European Network Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than European Network Services Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that European 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 of European Network Services Limited. You consider that European 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 European 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 statutory accounts
31 March 2025.



....................................................
Dove Marsh & Jones
Dove Marsh & Jones

1 Andromeda House
Calleva Park
Aldermaston
Berkshire
RG7 8AP
29 December 2025
2
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 19,987    27,794 
Investments 4 167,165    167,165 
187,152    194,959 
Current assets      
Stocks 5 36,412    41,989 
Debtors 6 751,024    775,590 
Cash at bank and in hand 726,017    715,950 
1,513,453    1,533,529 
Creditors: amount falling due within one year 7 (104,781)   (117,262)
Net current assets 1,408,672    1,416,267 
 
Total assets less current liabilities 1,595,824    1,611,226 
Net assets 1,595,824    1,611,226 
 

Capital and reserves
     
Called up share capital 8,250    8,250 
Profit and loss account 1,587,574    1,602,976 
Shareholders' funds 1,595,824    1,611,226 
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 29 December 2025 and were signed by:


-------------------------------
Mr S Corangi
Director
3
General Information
European Network Services Limited is a private company, limited by shares, registered in England and Wales, registration number 02233394, registration address Unit 4, Orpheus House, Aldermaston, Berkshire, RG7 8TA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Straight Line
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 20% Straight Line
Computer Equipment 25% Straight Line
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 13 (2024 : 13).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £
At 01 April 2024 36,326    57,215    74,707    22,093    190,341 
Additions   (8,715)       (8,715)
Disposals        
At 31 March 2025 36,326    48,500    74,707    22,093    181,626 
Depreciation
At 01 April 2024 33,998    33,317    74,707    20,525    162,547 
Charge for year 748    5,958      1,036    7,742 
On disposals   (8,650)       (8,650)
At 31 March 2025 34,746    30,625    74,707    21,561    161,639 
Net book values
Closing balance as at 31 March 2025 1,580    17,875      532    19,987 
Opening balance as at 01 April 2024 2,328    23,898      1,568    27,794 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 April 2024 167,165    167,165 
Additions  
Disposals  
At 31 March 2025 167,165    167,165 

5.

Stocks

2025
£
  2024
£
Stocks 36,412    41,989 
36,412    41,989 

6.

Debtors: amounts falling due within one year

2025
£
  2024
£
Trade Debtors 371,349    400,407 
Amount Owed by Group Undertakings 81,850    83,710 
Prepayments & Accrued Income 23,515    23,617 
Other Debtors 274,310    267,856 
751,024    775,590 

7.

Creditors: amount falling due within one year

2025
£
  2024
£
Trade Creditors 14,383    27,556 
Corporation Tax 51,013    52,699 
PAYE & Social Security 5,060    6,518 
Accrued Expenses 11,683    6,598 
Other Creditors 5,669    5,589 
Directors' Current Accounts 70    471 
VAT 16,903    17,831 
104,781    117,262 

4