REGISTERED NUMBER: 07535896 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

NPS Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Bennett

J Bennett

SECRETARY:

J Bennett

REGISTERED OFFICE:

4a Whitehouse Industrial Estate

Whitehouse Road

Newcastle Upon Tyne

NE15 6LN

REGISTERED NUMBER:

07535896 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Kepier House

Belmont Business Park

Durham

DH1 1TW

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

1,595,887

1,595,887

1,595,887

1,595,887

CURRENT ASSETS

Debtors

6

130,971

52,736

Cash at bank

468

490

131,439

53,226

CREDITORS

Amounts falling due within one year

7

(1,560,756

)

(1,687,951

)

NET CURRENT LIABILITIES

(1,429,317

)

(1,634,725

)

TOTAL ASSETS LESS CURRENT LIABILITIES

166,570

(38,838

)

CREDITORS

Amounts falling due after more than one year

8

(171,536

)

(298,638

)

NET LIABILITIES

(4,966

)

(337,476

)

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

(5,066

)

(337,576

)

SHAREHOLDERS' FUNDS

(4,966

)

(337,476

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2026 and were signed on its behalf by:

R Bennett - Director

1.	STATUTORY INFORMATION

NPS Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

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.

Going Concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.

Preparation of consolidated financial statements

The financial statements contain information about NPS Group Limited as an individual company and do not contain 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income recognition

Turnover is recognised at the point at which the risks and rewards of the goods are transferred to the customer and the services are rendered.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computers - 33% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Investments in subsidiaries

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and

subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

91

Disposals

(91

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

91

Eliminated on disposal

(91

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

1,595,887

NET BOOK VALUE

At 31 December 2025

1,595,887

At 31 December 2024

1,595,887

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

117,036

42,230

Prepayments and accrued income

13,935

10,506

130,971

52,736

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

108,332

108,331

Trade creditors

75

8,592

Amounts owed to group undertakings

-

174,714

Other creditors

35,778

28,156

Directors' current accounts

1,400,738

1,356,226

Accruals and deferred income

15,833

11,932

1,560,756

1,687,951

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

171,536

279,868

Other loans (see note 9)

-

18,770

171,536

298,638

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

108,332

108,331

2025

2024

£

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

108,331

108,331

Other creditors

-

18,770

108,331

127,101

Amounts falling due between two and five years:

Bank loans - 2-5 years

63,205

171,537

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

279,868

388,199

The bank loans are secured via fixed and floating charges over all the assets of the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

12.	RELATED PARTY DISCLOSURES

There were no related party transactions other than those concluded under normal market conditions, except for those shown below.

2025

2024

£

£

Amounts due to directors

1,400,738

1,356,226

Amounts due to related undertakings

-

174,714

Amounts due from related undertakings

117,036

42,230

No interest has been charged.