REGISTERED NUMBER: 02644536 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Netacost Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N Assar

REGISTERED OFFICE:

c/o Ency Associates

Printware Court, Cumberland Business Ctr

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

REGISTERED NUMBER:

02644536 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

4

153,960

157,386

CURRENT ASSETS

Debtors

5

31,767

35,641

Cash at bank

2,561

274

34,328

35,915

CREDITORS

Amounts falling due within one year

6

27,303

27,402

NET CURRENT ASSETS

7,025

8,513

TOTAL ASSETS LESS CURRENT LIABILITIES

160,985

165,899

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

160,785

165,699

SHAREHOLDERS' FUNDS

160,985

165,899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 June 2026 and were signed by:

Mr N Assar - Director

1.	STATUTORY INFORMATION

Netacost 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures & fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

Motor

property

& fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

171,048

4,324

9,300

184,672

DEPRECIATION

At 1 October 2024

13,684

4,324

9,278

27,286

Charge for year

3,421

-

5

3,426

At 30 September 2025

17,105

4,324

9,283

30,712

NET BOOK VALUE

At 30 September 2025

153,943

-

17

153,960

At 30 September 2024

157,364

-

22

157,386

5.

DEBTORS

30.9.25

30.9.24

£

£

Amounts falling due within one year:

Other debtors

-

1,706

Amounts falling due after more than one year:

Other debtors

31,767

33,935

Aggregate amounts

31,767

35,641

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Taxation and social security

-

71

Other creditors

27,303

27,331

27,303

27,402

7.	RELATED PARTY DISCLOSURES

During the year the freehold property was rented to the director's son for no consideration.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr N Assar.