Company registration number 14884855 (England and Wales)
NV SIPS PLANT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
NV SIPS PLANT LIMITED
COMPANY INFORMATION
Director
Mr S Hirst
Company number
14884855
Registered office
Unit 17
Spalding Road Business Park
Spalding Road
Bourne
Lincolnshire
PE10 9LF
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Metro Bank Plc
1 Southampton Row
London
WC1B 5HA
NV SIPS PLANT LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
NV SIPS PLANT LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NV SIPS PLANT LIMITED FOR THE YEAR ENDED 30 NOVEMBER 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of NV Sips Plant Limited for the year ended 30 November 2025 which comprise, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of NV Sips Plant Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of NV Sips Plant Limited and state those matters that we have agreed to state to the b oard of d irectors of NV Sips Plant Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NV Sips Plant Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that NV Sips Plant Limited 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 loss of NV Sips Plant Limited. You consider that NV Sips Plant 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 financial statements of NV Sips Plant 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 f inancial statements.

Ormerod Rutter Limited
11 March 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
NV SIPS PLANT LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
150,771
158,485
Current assets
Debtors
4
6,866
-
0
Cash at bank and in hand
8,440
24,287
15,306
24,287
Creditors: amounts falling due within one year
5
(61,076)
(53,828)
Net current liabilities
(45,770)
(29,541)
Total assets less current liabilities
105,001
128,944
Provisions for liabilities
(22,379)
(25,360)
Net assets
82,622
103,584
Capital and reserves
Called up share capital
6
100
100
Revaluation reserve
7
78,366
100,084
Profit and loss reserves
4,156
3,400
Total equity
82,622
103,584

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 11 March 2026
Mr S Hirst
Director
Company registration number 14884855 (England and Wales)
NV SIPS PLANT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

NV Sips Plant Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 17, Spalding Road Business Park, Spalding Road, Bourne, Lincolnshire, PE10 9LF.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% on reducing balance
Computer equipment
33% on cost
Motor vehicles
25% on reducing balance
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

NV SIPS PLANT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost or valuation
At 1 December 2024
108,201
1,501
84,401
194,103
Additions
-
0
-
0
37,105
37,105
At 30 November 2025
108,201
1,501
121,506
231,208
Depreciation and impairment
At 1 December 2024
21,641
501
13,476
35,618
Depreciation charged in the year
17,312
500
27,007
44,819
At 30 November 2025
38,953
1,001
40,483
80,437
Carrying amount
At 30 November 2025
69,248
500
81,023
150,771
At 30 November 2024
86,560
1,000
70,925
158,485

Fixed assets with a carrying amount of £0 were revalued on 6 April 2024.

The revaluation surplus is disclosed in note 7.

If the assets were measured using the cost model, the carrying amounts would be as follows:

NV SIPS PLANT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
3
Tangible fixed assets
(Continued)
- 5 -
2025
2024
£
£
Cost
3
3
Accumulated depreciation
(3)
(3)
Carrying value
-
-
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
6,866
-
0
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
30,503
Amounts owed to group undertakings
59,886
17,246
Taxation and social security
-
0
5,190
Other creditors
1,190
889
61,076
53,828
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
100
100
100
100
7
Revaluation reserve
2025
2024
£
£
At the beginning of the year
100,084
-
0
Revaluation surplus arising in the year
-
0
157,700
Deferred tax movement on revalued tangible assets
5,094
(23,476)
Depreciation charged in the year
(26,812)
(34,140)
At the end of the year
78,366
100,084
NV SIPS PLANT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
8
Control

Ultimate parent company

The ultimate parent company is SRH Group Holdings Limited, a company registered in England and Wales.

Ultimate controlling party

The ultimate controlling party is Mr S Hirst, by virtue of his controlling interest in the ultimate parent company.

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