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Company Registration No. 11444885 (England and Wales)
N.G.S.S Limited Unaudited accounts for the year ended 31 July 2025
N.G.S.S Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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N.G.S.S Limited Company Information for the year ended 31 July 2025
Director
Nicholas George Sheppard
Company Number
11444885 (England and Wales)
Registered Office
6 Alma Road Greater Manchester SK4 4PU United Kingdom
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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N.G.S.S Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,456
1,941
Investment property
5
1,132,181
854,999
1,133,637
856,940
Current assets
Debtors
6
17,966
17,619
Cash at bank and in hand
79,290
8,747
97,256
26,366
Creditors: amounts falling due within one year
7
(307,859)
(221,604)
Net current liabilities
(210,603)
(195,238)
Total assets less current liabilities
923,034
661,702
Creditors: amounts falling due after more than one year
8
(795,013)
(520,481)
Provisions for liabilities
Deferred tax
(33,084)
(33,089)
Net assets
94,937
108,132
Capital and reserves
Called up share capital
100
100
Revaluation reserve
139,489
139,489
Profit and loss account
(44,652)
(31,457)
Shareholders' funds
94,937
108,132
For the year ending 31 July 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 January 2026 and were signed on its behalf by
Nicholas George Sheppard Director Company Registration No. 11444885
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N.G.S.S Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
N.G.S.S Limited is a private company, limited by shares, registered in England and Wales, registration number 11444885. The registered office is 6 Alma Road, Greater Manchester, SK4 4PU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% RB
Computer equipment
25% RB
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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N.G.S.S Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
7,387
1,059
8,446
At 31 July 2025
7,387
1,059
8,446
Depreciation
At 1 August 2024
5,634
871
6,505
Charge for the year
438
47
485
At 31 July 2025
6,072
918
6,990
Net book value
At 31 July 2025
1,315
141
1,456
At 31 July 2024
1,753
188
1,941
5
Investment property
2025
£
Fair value at 1 August 2024
854,999
Additions
277,182
At 31 July 2025
1,132,181
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
347
-
Other debtors
17,619
17,619
17,966
17,619
7
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
307,859
221,604
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N.G.S.S Limited Notes to the Accounts for the year ended 31 July 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
790,013
520,481
Other creditors
5,000
-
795,013
520,481
Mortgages Payable: Mortgage - Riverside Trent lane : £194,900 Mortgage - Baltic View (TML) : £90,801.90 Mortgage - Deansgate Square (Keystone) : £326,041.26 This Section breaks down the total amount owed on mortgages, listing each individuals mortgage separately along with its respective balance. This provides a clear picture of the company at the end year 31 July 2025. Secured Debts Paragon Bank hold a charge dated 19th August 2025 Paragon Bank hold a charge dated 31st October 2025 Paragon Bank hold a charge dated 31st March 2025 Col Cap Financial UK Limited hold a charge dated 14th July 2023 One Savings Bank hold a charge dated 19th October 2022 Keystone Property Finance hold a charge dated 4th March 2020 All the persons entitled above created a fixed and floating charge over the property or undertaking of the entity. This charge contains a negative pledge and relates to shareholders' loans provided to the group.
9
Transactions with related parties
Included within other creditors is an amount of £5,000 (2024: Nil) owed from a company under common control. This balance represents an interest free loan, repayable on demand.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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