REGISTERED NUMBER: 02689666 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

N.S.I. (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A Shaw

Mrs D Shaw

Mrs M Littlewood

SECRETARY:

Mrs D Shaw

REGISTERED OFFICE:

James Nasmyth Way

Eccles

Manchester

Greater Manchester

M30 0SF

REGISTERED NUMBER:

02689666 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Bank of Scotland

P O Box 1000

BX2 1LB

FIXED ASSETS

Tangible assets

4

325,464

338,410

Investments

5

472,788

756,075

798,252

1,094,485

CURRENT ASSETS

Stocks

768,117

675,615

Debtors

6

2,166,171

2,057,641

Cash at bank

118,114

186,644

3,052,402

2,919,900

CREDITORS

Amounts falling due within one year

7

377,029

434,416

NET CURRENT ASSETS

2,675,373

2,485,484

TOTAL ASSETS LESS CURRENT LIABILITIES

3,473,625

3,579,969

CREDITORS

Amounts falling due after more than one year

8

6,667

16,667

NET ASSETS

3,466,958

3,563,302

CAPITAL AND RESERVES

Called up share capital

1

1

Capital redemption reserve

1

1

Retained earnings

3,466,956

3,563,300

SHAREHOLDERS' FUNDS

3,466,958

3,563,302

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

Mr J A Shaw - Director

1.	STATUTORY INFORMATION

N.S.I. (UK) Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Tangible fixed assets

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

Improvements to property

-

not depreciated

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

33% on cost, 25% on cost and 25% on reducing balance

Computer equipment

-

33% on cost and 25% on reducing balance

Tangible fixed assets are initially recorded at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 September 2024

and 31 August 2025

283,264

13,024

128,809

DEPRECIATION

At 1 September 2024

-

12,773

115,362

Charge for year

-

251

2,034

At 31 August 2025

-

13,024

117,396

NET BOOK VALUE

At 31 August 2025

283,264

-

11,413

At 31 August 2024

283,264

251

13,447

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

167,076

161,823

753,996

DEPRECIATION

At 1 September 2024

139,536

147,915

415,586

Charge for year

7,184

3,477

12,946

At 31 August 2025

146,720

151,392

428,532

NET BOOK VALUE

At 31 August 2025

20,356

10,431

325,464

At 31 August 2024

27,540

13,908

338,410

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST OR VALUATION

At 1 September 2024

756,075

Additions

80,567

Disposals

(428,116

)

Revaluations

64,262

At 31 August 2025

472,788

NET BOOK VALUE

At 31 August 2025

472,788

At 31 August 2024

756,075

Cost or valuation at 31 August 2025 is represented by:

Unlisted

investments

£

Valuation in 2024

756,075

Valuation in 2025

(283,287

)

472,788

The fixed asset revaluation amount represents unrealised gains held by the company in an investment portfolio that is managed by Hargreaves Lansdown.

6.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Trade debtors

175,074

179,014

Other debtors

30,445

111,047

205,519

290,061

Amounts falling due after more than one year:

Amounts owed by participating interests

1,960,652

1,767,580

Aggregate amounts

2,166,171

2,057,641

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

93,930

72,572

Taxation and social security

264,006

291,380

Other creditors

19,093

70,464

377,029

434,416

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Other creditors

6,667

16,667

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.8.25

31.8.24

£

£

Within one year

78,000

78,000

Between one and five years

172,250

250,250

250,250

328,250

10.	RELATED PARTY DISCLOSURES

Spenson Properties Ltd - Mr J A Shaw is a director of the company. At the year end date, there is a balance due from Spenson Properties Ltd totalling £1,767,580 (2024 - £1,767,580).

Roxi Nails Ltd - Mr J A Shaw is a director of the company. At the year end date, there is a balance due from Spenson Properties Ltd totalling £321,072 (2024 - £Nil).

11.	CONTROLLING PARTY

The controlling party is Mr J A Shaw.

Mr J A Shaw is a 100% shareholder and the managing director of the company.