NRPG (F & V) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08783695

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		(15,236 )		(15,236 )
Investments	5		1		1

			(15,235 )		(15,235 )
CURRENT ASSETS
Debtors	6	1,103,587		1,103,587
Cash at bank and in hand		4,567		4,567

		1,108,154		1,108,154
Creditors: Amounts Falling Due Within One Year	7	(1,025,648 )		(1,025,648 )

NET CURRENT ASSETS (LIABILITIES)			82,506		82,506

TOTAL ASSETS LESS CURRENT LIABILITIES			67,271		67,271

Creditors: Amounts Falling Due After More Than One Year	8		14,045		14,045

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,830 )		(7,830 )

NET ASSETS			73,486		73,486

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			73,485		73,485

SHAREHOLDERS' FUNDS			73,486		73,486

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NRPG (F & V) 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 Shaun Adams

Director

31 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

NRPG (F & V) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08783695 . The registered office is 7, Jubilee Road, Waterlooville, Hampshire, PO7 7RD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Preparation of consolidated financial statements

The financial statements contain informaion about NRPG (F & V) Ltd as an individual company and do not contail consolidated financial information as the parent of a group. The company is exempt under Section 399 (2A) of the companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with other wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of financial statements requires the use of judgements, estimates and assumptions that affect

the reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses

during the reporting period. These judgements, estimates and assumptions are based on management's

historical experience, knowledge and other factors including expectations of future events or actions that are

believed to be reasonable under the circumstances. Actual results may differ from those amounts estimated.

In preparing these financial statements, management do not believe that they have made any critical

judgements in applying the company's accounting policies.

The following are estimates and assumptions that have a significant risk of causing a material adjustment to the

carrying amounts of assets and liabilities within the next financial year:

Amounts recoverable on contracts. As the directors consider that all contracts undertaken are long-term in

nature, income is recognised as those contracts progress. Estimates are required when considering the degree

of completion, expected margins on contracts and any provisions for foreseeable losses. Management base

these estimates on all information available, including both financial and operational data.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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:

Motor Vehicles

25% on reducing balance basis

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NRPG (F & V) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: 1)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 April 2024	(1,500 )

As at 31 March 2025	(1,500 )

Depreciation
As at 1 April 2024	13,736

As at 31 March 2025	13,736

Net Book Value
As at 31 March 2025	(15,236 )

As at 1 April 2024	(15,236 )

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2024	1

As at 31 March 2025	1

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1

As at 1 April 2024	1

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	25,895	25,895
Amounts owed by group undertakings	1,077,692	1,077,692

	1,103,587	1,103,587

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NRPG (F & V) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,209	9,209
Trade creditors	86,905	86,905
Corporation tax	7,366	7,366
Other creditors	3,000	3,000
Payments on account - current liabilities	663,668	663,668
Accruals and deferred income	120,000	120,000
Amounts owed to group undertakings	135,500	135,500

	1,025,648	1,025,648

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	(14,045 )	(14,045 )

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	9,209	9,209
Later than one year and not later than five years	(14,045 )	(14,045 )

	(4,836 )	(4,836 )

	(4,836 )	(4,836 )

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

11. Related Party Transactions

NRPG Management Ltd

An intermediate parent company

At the year end, the related party owes the company a total of £1,426.192 (2020: £2,108,042). No interest is charged on this amount.

A management charge of £65,000 (2020: £0) was levied by NRPG Management Ltd during the year.

12. Guarantees and Commitments

The company entered into an agreement with a third party in 2016. NRPG Management Limited, the intermediate parent company, is the guarantor on behalf of the company should it fall into default.

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