BrightAccountsProduction v1.0.0 v1.0.0 2024-10-01 The company was not dormant during the period The company was trading for the entire period The principal activities are the provision of consultancy services in the parcel transport and delivery sector and property investment. 8 May 2026 NI664398 2025-09-30 NI664398 2024-09-30 NI664398 2023-09-30 NI664398 2024-10-01 2025-09-30 NI664398 2023-10-01 2024-09-30 NI664398 uk-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI664398 uk-curr:PoundSterling 2024-10-01 2025-09-30 NI664398 uk-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI664398 uk-bus:FullAccounts 2024-10-01 2025-09-30 NI664398 uk-bus:Director1 2024-10-01 2025-09-30 NI664398 uk-bus:RegisteredOffice 2024-10-01 2025-09-30 NI664398 uk-bus:Agent1 2024-10-01 2025-09-30 NI664398 uk-bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 NI664398 uk-core:ShareCapital 2025-09-30 NI664398 uk-core:ShareCapital 2024-09-30 NI664398 uk-core:RetainedEarningsAccumulatedLosses 2025-09-30 NI664398 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 NI664398 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-09-30 NI664398 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 NI664398 uk-bus:FRS102 2024-10-01 2025-09-30 NI664398 uk-core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 NI664398 uk-core:MotorVehicles 2024-10-01 2025-09-30 NI664398 uk-core:CurrentFinancialInstruments 2025-09-30 NI664398 uk-core:CurrentFinancialInstruments 2024-09-30 NI664398 uk-core:WithinOneYear 2025-09-30 NI664398 uk-core:WithinOneYear 2024-09-30 NI664398 uk-core:WithinOneYear 2025-09-30 NI664398 uk-core:WithinOneYear 2024-09-30 NI664398 uk-core:WithinOneYear 2025-09-30 NI664398 uk-core:WithinOneYear 2024-09-30 NI664398 uk-core:AfterOneYear 2025-09-30 NI664398 uk-core:AfterOneYear 2024-09-30 NI664398 uk-core:AfterOneYear 2025-09-30 NI664398 uk-core:AfterOneYear 2024-09-30 NI664398 uk-core:BetweenOneTwoYears 2025-09-30 NI664398 uk-core:BetweenOneTwoYears 2024-09-30 NI664398 uk-core:BetweenOneFiveYears 2025-09-30 NI664398 uk-core:BetweenOneFiveYears 2024-09-30 NI664398 uk-core:EmployeeBenefits 2024-09-30 NI664398 uk-core:EmployeeBenefits 2024-10-01 2025-09-30 NI664398 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-09-30 NI664398 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-09-30 NI664398 uk-core:OtherDeferredTax 2025-09-30 NI664398 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-09-30 NI664398 uk-core:EmployeeBenefits 2025-09-30 NI664398 uk-core:ParentEntities 2024-10-01 2025-09-30 NI664398 2024-10-01 2025-09-30 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI664398

Belfast Transport Solutions Limited

Unaudited Financial Statements

for the financial year ended 30 September 2025

Belfast Transport Solutions Limited

DIRECTOR AND OTHER INFORMATION

Director | Ciaran Dempsey
Company Registration Number | NI664398
Registered Office and Business Address | 25 Bristow Park
| Belfast
| BT9 6TF
| Northern Ireland
Accountants | Quarter
| Chartered Accountants
| St Anne's House
| 15 Church Street
| Cathedral Quarter
| BT1 1PG
Bankers | Revolut Business
| 7 Westferry Circus
| London
| E144HD

Belfast Transport Solutions Limited

CHARTERED ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of Belfast Transport Solutions Limited

for the financial year ended 30 September 2025

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 September 2025 as set out on pages to which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the director of Belfast Transport Solutions Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position for the year ended 30 September 2025 your duty to ensure that Belfast Transport Solutions 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 Belfast Transport Solutions Limited. You consider that Belfast Transport Solutions Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Belfast Transport Solutions Limited. For this reason, we have not verified the adequacy, 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 financial statements.

__________________________________

QUARTER

Chartered Accountants

St Anne's House

15 Church Street

Cathedral Quarter

BT1 1PG

8 May 2026

Belfast Transport Solutions Limited

Company Registration Number: NI664398

STATEMENT OF FINANCIAL POSITION

as at 30 September 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Non-Current Assets

Property, plant and equipment |  | 4 | 1,223,171 |  | 747,698
|  |  | ───────── |  | ─────────
Current Assets

Receivables |  | 5 | 577,768 |  | 480,279
Cash and cash equivalents |  |  | 25,923 |  | 123,091
|  |  | ───────── |  | ─────────
|  |  | 603,691 |  | 603,370
|  |  | ───────── |  | ─────────
Payables: amounts falling due within one year |  | 6 | (747,610) |  | (270,524)
|  |  | ───────── |  | ─────────
Net Current (Liabilities)/Assets |  |  | (143,919) |  | 332,846
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 1,079,252 |  | 1,080,544
Payables:

amounts falling due after more than one year |  | 7 | (153,580) |  | (113,073)
Provisions for liabilities |  | 10 | (10,405) |  | (24,458)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 915,267 |  | 943,013
|  |  | ═════════ |  | ═════════
Equity

Called up share capital |  |  | 50 |  | 50
Retained earnings |  |  | 915,217 |  | 942,963
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 915,267 |  | 943,013
|  |  | ═════════ |  | ═════════
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

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

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approved by the Director and authorised for issue on 8 May 2026

________________________________ |  |  |  |  |
Ciaran Dempsey |  |  |  |  |
Director |  |  |  |  |

Belfast Transport Solutions Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 September 2025

1. | General Information
| Belfast Transport Solutions Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI664398. The registered office of the company is 25 Bristow Park, Belfast, BT9 6TF, Northern Ireland which is also the principal place of business of the company. The principal activities are the provision of consultancy services in the parcel transport and delivery sector and property investment. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Revenue
| Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Property, plant and equipment and depreciation
| Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
|  | Fixtures, fittings and equipment | - | 20% Reducing Balance
|  | Motor vehicles | - | 25% Reducing Balance
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Income Statement.
| Leasing and hire purchases
| Property, plant and equipment held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Statement of Financial Position at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Income Statement.
| Trade and other receivables
| Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other payables
| Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including director, during the financial year was 2, (2024 - 1).
|  | 2025 | 2024
|  | Number | Number
| Director | 1 | 1
| Employees | 1 | -
|  | ───────── | ─────────
|  | 2 | 1
|  | ═════════ | ═════════

4. | Property, plant and equipment
|  | Investment | Fixtures, | Motor | Total
|  | properties | fittings and | vehicles |
|  |  | equipment |  |
|  | £ | £ | £ | £
| Cost
| At 1 October 2024 | 649,866 | 5,324 | 131,204 | 786,394
| Additions | 461,969 | 2,298 | 100,020 | 564,287
| Disposals | - | - | (65,000) | (65,000)
|  | ───────── | ───────── | ───────── | ─────────
| At 30 September 2025 | 1,111,835 | 7,622 | 166,224 | 1,285,681
|  | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 October 2024 | - | 1,598 | 37,098 | 38,696
| Charge for the financial year | - | 960 | 24,208 | 25,168
| On disposals | - | - | (1,354) | (1,354)
|  | ───────── | ───────── | ───────── | ─────────
| At 30 September 2025 | - | 2,558 | 59,952 | 62,510
|  | ───────── | ───────── | ───────── | ─────────
| Carrying amount
| At 30 September 2025 | 1,111,835 | 5,064 | 106,272 | 1,223,171
|  | ═════════ | ═════════ | ═════════ | ═════════
| At 30 September 2024 | 649,866 | 3,726 | 94,106 | 747,698
|  | ═════════ | ═════════ | ═════════ | ═════════

5. | Receivables | 2025 | 2024
|  | £ | £
| Director's current account (Note 13) | 431,975 | 359,086
| Taxation (Note 8) | 145,793 | 121,193
|  | ───────── | ─────────
|  | 577,768 | 480,279
|  | ═════════ | ═════════

6. | Payables | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank loan | 8,590 | 8,590
| Net obligations under finance leases
| and hire purchase contracts | 15,399 | 22,707
| Amounts owed to group undertakings (Note 12) | 659,516 | 101,903
| Taxation (Note 8) | 58,902 | 127,714
| Other creditors | 2,453 | 7,360
| Accruals | 2,750 | 2,250
|  | ───────── | ─────────
|  | 747,610 | 270,524
|  | ═════════ | ═════════

7. | Payables | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loan | 104,484 | 113,073
| Finance leases and hire purchase contracts | 49,096 | -
|  | ───────── | ─────────
|  | 153,580 | 113,073
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 6) | 8,590 | 8,590
| Repayable between one and two years | 104,484 | 113,073
|  | ───────── | ─────────
|  | 113,074 | 121,663
|  | ═════════ | ═════════
| Net obligations under finance leases
| and hire purchase contracts
| Repayable within one year | 15,399 | 22,707
| Repayable between one and five years | 49,096 | -
|  | ───────── | ─────────
|  | 64,495 | 22,707
|  | ═════════ | ═════════

8. | Taxation | 2025 | 2024
|  | £ | £
| Receivables:
| Corporation tax | 145,793 | 121,193
|  | ═════════ | ═════════
| Payables:
| Corporation tax | 58,902 | 124,435
| PAYE / NI | - | 3,279
|  | ───────── | ─────────
|  | 58,902 | 127,714
|  | ═════════ | ═════════

9. | Details of creditors
| Security given in respect of creditors
| Charge Code NI66 4398 0001 Belfast Transport Solutions Limited granted a negative pledge on 22 February 2024 to Kensington Mortgage Company Limited covering the property 40 Rodney Drive, Belfast, BT12 6DZ, being folio AN261537L in County antrim. Charge Code NI66 4398 0002 Belfast Transport Solutions Limited granted a negative pledge on 22 February 2024 to Kensington Mortgage Company Limited covering the property 27 Beechmount Crescent, Belfast, BT12 7NJ, being folio AN251072L, County Antrim.

10. | Provisions for liabilities
| The amounts provided for deferred taxation are analysed below:
|  | Capital | Total | Total
|  | allowances |  |
|  |  | 2025 | 2024
|  | £ | £ | £
| At financial year start | 24,458 | 24,458 | 27,953
| Charged to profit and loss | (14,053) | (14,053) | (3,495)
|  | ───────── | ───────── | ─────────
| At financial year end | 10,405 | 10,405 | 24,458
|  | ═════════ | ═════════ | ═════════

11. | Capital commitments
| The company had no material capital commitments at the financial year-ended 30 September 2025.

12. | Related party transactions
| Transactions with group companies include ...
| Citywide Group Holdings Limited and Belfast Transport Solutions Limited are group companies. The balance owed to Citywide Group Holdings Limited as at 1st October 2024 was £101,903. During the year there were net transactions of £557,613. As at 30th September 2025, Belfast Transport Solutions Limited owed Citywide Group Holdings Limited £659,516.

| Transactions and balances with group company:
|  |  | 2025 | 2024
|  |  | £ | £
| Group Undertaking Payables
| Citywide Group Holdings Limited |  | 659,516 | 101,903
|  |  | ═════════ | ═════════

13. | Director's advances, credits and guarantees
| At 1st October 2024, the director owed the company £359,086. Net transactions during the year amounted to £72,889. At 30th September 2025, the director owed the company £431,975.

14. | Parent company
| The company regards Citywide Group Holdings Limited as its parent company. The address of Citywide Group Holdings Limited is 25 Bristow Park, Belfast, BT9 6TF.

15. | Events After the End of the Reporting Period
| There have been no significant events affecting the company since the financial year-end.