REGISTERED NUMBER: 11723508 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

NARROW AISLE HOLDINGS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D J Houston

J B Maguire

J S Porter

C C Randle

P Wooldridge

SECRETARY:

Higgs Secretarial Limited

REGISTERED OFFICE:

3 Waterfront Business Park

Dudley Road

Brierley Hill

West Midlands

DY5 1LX

REGISTERED NUMBER:

11723508 (England and Wales)

SENIOR STATUTORY AUDITOR:

Ian Cattell FCA

AUDITORS:

Crombies Accountants Limited

Chartered Accountants and Statutory Auditor

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Intangible assets

5

790,408

843,102

Investments

6

13,402,265

13,402,265

14,192,673

14,245,367

CURRENT ASSETS

Debtors

7

-

583,014

Cash at bank

118

100

118

583,114

CREDITORS

Amounts falling due within one year

8

13,444,685

14,427,680

NET CURRENT LIABILITIES

(13,444,567

)

(13,844,566

)

TOTAL ASSETS LESS CURRENT LIABILITIES

748,106

400,801

CAPITAL AND RESERVES

Called up share capital

9,500

9,500

Retained earnings

738,606

391,301

SHAREHOLDERS' FUNDS

748,106

400,801

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 4 June 2026 and were signed on its behalf by:

D J Houston - Director

1.	STATUTORY INFORMATION

Narrow Aisle Holdings 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.

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

2.	STATEMENT OF COMPLIANCE

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 company is taking advantage of the exemption conferred by s400(1) CA2006 not to prepare group accounts.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

1,053,877

AMORTISATION

At 1 January 2025

210,775

Charge for year

52,694

At 31 December 2025

263,469

NET BOOK VALUE

At 31 December 2025

790,408

At 31 December 2024

843,102

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

13,402,265

NET BOOK VALUE

At 31 December 2025

13,402,265

At 31 December 2024

13,402,265

Cost or valuation at 31 December 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2020

874

Cost

13,401,391

13,402,265

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

583,014

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

13,382,164

14,332,169

Other creditors

62,521

95,511

13,444,685

14,427,680

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ian Cattell FCA (Senior Statutory Auditor)

for and on behalf of Crombies Accountants Limited

10.	CONTINGENT LIABILITIES

The company is party to a composite account agreement between Narrow Aisle Group Topco Limited and its bankers which provides unlimited cross guarantees by and between all parties to the agreement, secured by a cross company guarantee.

11.	ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Narrow Aisle Group Topco Limited, a company incorporated in England and Wales whose registered office is situated at 3 Waterfront Business Park, Dudley Road, Brierley Hill, West Midlands DY5 1LX.and this is the largest group of undertakings for which group financial statements are drawn up.

12.	ULTIMATE CONTROLLING PARTY

There is no one ultimate controlling party.