NWTN Technologies Ltd 11337353 true 2024-05-01 2025-04-30 2025-04-30 The principal activity of the company is Manufacture of electric motors, generators and transformers Digita Accounts Production Advanced 6.30.9574.0 true Mr J R Green true 11337353 2024-05-01 2025-04-30 11337353 2025-04-30 11337353 core:RetainedEarningsAccumulatedLosses 2025-04-30 11337353 core:ShareCapital 2025-04-30 11337353 core:SharePremium 2025-04-30 11337353 core:CurrentFinancialInstruments 2025-04-30 11337353 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 11337353 core:Non-currentFinancialInstruments 2025-04-30 11337353 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 11337353 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-04-30 11337353 core:OtherRelatedParties 2025-04-30 11337353 bus:FRS102 2024-05-01 2025-04-30 11337353 bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11337353 bus:FullAccounts 2024-05-01 2025-04-30 11337353 bus:RegisteredOffice 2024-05-01 2025-04-30 11337353 bus:Director1 2024-05-01 2025-04-30 11337353 bus:EntityNoLongerTradingButTradedInPast 2024-05-01 2025-04-30 11337353 bus:Consolidated 2024-05-01 2025-04-30 11337353 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11337353 core:KeyManagementPersonnel 2024-05-01 2025-04-30 11337353 core:OtherRelatedParties 2024-05-01 2025-04-30 11337353 countries:EnglandWales 2024-05-01 2025-04-30 11337353 2024-04-30 11337353 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-30 11337353 core:OtherRelatedParties 2024-04-30 11337353 2023-05-01 2024-04-30 11337353 2024-04-30 11337353 core:RetainedEarningsAccumulatedLosses 2024-04-30 11337353 core:ShareCapital 2024-04-30 11337353 core:SharePremium 2024-04-30 11337353 core:CurrentFinancialInstruments 2024-04-30 11337353 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 11337353 core:Non-currentFinancialInstruments 2024-04-30 11337353 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 11337353 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-30 11337353 core:OtherRelatedParties 2024-04-30 11337353 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-05-01 2024-04-30 11337353 core:OtherRelatedParties 2023-05-01 2024-04-30 11337353 2023-04-30 11337353 core:OtherRelatedParties 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 11337353

NWTN Technologies Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

NWTN Technologies Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

NWTN Technologies Ltd

(Registration number: 11337353)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 1,394,409 | 1,394,409
Cash at bank and in hand |  | 469 | 469
|  | 1,394,878 | 1,394,878
Creditors: Amounts falling due within one year | 5 | (270,164) | (270,164)
Total assets less current liabilities |  | 1,124,714 | 1,124,714
Creditors: Amounts falling due after more than one year | 5 | (576,130) | (576,130)
Net assets |  | 548,584 | 548,584
Capital and reserves |  |  |
Called up share capital |  | 83 | 83
Share premium reserve |  | 1,101,419 | 1,101,419
Retained earnings |  | (552,918) | (552,918)
Shareholders' funds |  | 548,584 | 548,584

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 May 2026

Mr J R Green Director |  |

NWTN Technologies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Freshford House
Redcliffe Way
Bristol
Avon
BS1 6NL
England

These financial statements were authorised for issue by the director on 6 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. As at the date of signing the financial statements, the director confirms that the company is in a position to meet its liabilities for a period of 12 months and that there are no foreseeable events which may give rise to liabilities which exceeds the company’s ability to pay.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

NWTN Technologies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

NWTN Technologies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 7 | 1,394,354 | 1,394,354
Other debtors |  | 55 | 55
|  | 1,394,409 | 1,394,409

5 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 6 | 10,000 | 10,000
Trade creditors |  | 260,127 | 260,127
Amounts due to related parties | 7 | 37 | 37
|  | 270,164 | 270,164
Due after one year |  |  |
Loans and borrowings | 6 | 576,130 | 576,130

6 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 10,000 | 10,000

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 15,884 | 15,884
Other borrowings | 560,246 | 560,246
| 576,130 | 576,130

NWTN Technologies Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7 | Related party transactions

Loans to related parties

2025 | Other related parties £ | Total £
At start of period | 1,394,354 | 1,394,354
At end of period | 1,394,354 | 1,394,354

2024 | Other related parties £ | Total £
At start of period | 1,246,274 | 1,246,274
Advanced | 148,080 | 148,080
At end of period | 1,394,354 | 1,394,354

Terms of loans to related parties

Loans to other related parties are interest free and repayable on demand.

Loans from related parties

2025 | Key management £ | Total £
At start of period | 37 | 37
At end of period | 37 | 37

2024 | Key management £ | Total £
Advanced | 37 | 37
At end of period | 37 | 37

Terms of loans from related parties

Loans from key management are interest free and repayable on demand.