REGISTERED NUMBER: 03856449 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Netprotocol Ltd.

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

292,620

223,709

CURRENT ASSETS

Stocks

13,015

318

Debtors

5

1,155,359

453,247

Cash at bank and in hand

1,071,473

1,225,218

2,239,847

1,678,783

CREDITORS

Amounts falling due within one year

6

1,327,457

880,891

NET CURRENT ASSETS

912,390

797,892

TOTAL ASSETS LESS CURRENT LIABILITIES

1,205,010

1,021,601

CREDITORS

Amounts falling due after more than one year

7

(20,599

)

(30,829

)

PROVISIONS FOR LIABILITIES

(57,105

)

(55,194

)

NET ASSETS

1,127,306

935,578

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

1,126,106

934,378

SHAREHOLDERS' FUNDS

1,127,306

935,578

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 19 May 2026 and were signed on its behalf by:

P A Walker - Director

1.	STATUTORY INFORMATION

Netprotocol Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03856449

Registered office:

Imperial House

79-81 Hornby Street

Bury

BL9 5BN

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

629,755

Additions

179,776

At 31 October 2025

809,531

DEPRECIATION

At 1 November 2024

406,046

Charge for year

110,865

At 31 October 2025

516,911

NET BOOK VALUE

At 31 October 2025

292,620

At 31 October 2024

223,709

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 November 2024

92,488

Additions

82,396

At 31 October 2025

174,884

DEPRECIATION

At 1 November 2024

30,521

Charge for year

51,120

At 31 October 2025

81,641

NET BOOK VALUE

At 31 October 2025

93,243

At 31 October 2024

61,967

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,090,940

391,390

Other debtors

64,419

61,857

1,155,359

453,247

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Finance leases (see note 8)

58,221

30,829

Trade creditors

710,323

321,322

Taxation and social security

253,399

184,181

Other creditors

305,514

344,559

1,327,457

880,891

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Finance leases (see note 8)

20,599

30,829

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases

2025

2024

£

£

Net obligations repayable:

Within one year

58,221

30,829

Between one and five years

20,599

30,829

78,820

61,658

Non-cancellable

operating leases

2025

2024

£

£

Within one year

49,012

75,272

Between one and five years

5,263

59,987

54,275

135,259