NS CONSULTING 1 LIMITED


Director	SPITERI, Nicholas


Registered Address	12a The Square
	Wickham
	PO17 5JQ


Registered Number	12201784 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		117,984		123,391
Investment property	4		312,367		312,367
			430,351		435,758
Current assets
Debtors	5	9,497		9,192
Cash at bank and on hand		7,401		16,887
		16,898		26,079
Creditors amounts falling due within one year	6	(172,046)		(188,692)
Net current assets (liabilities)			(155,148)		(162,613)
Total assets less current liabilities			275,203		273,145
Net assets			275,203		273,145
Capital and reserves
Called up share capital			1		1
Profit and loss account			275,202		273,144
Shareholders' funds			275,203		273,145

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 5 June 2026, and are signed on its behalf by:

SPITERI, Nicholas
Director
Registered Company No. 12201784

NS CONSULTING 1 LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. 

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 October 24	123,391	123,391
Revaluations	(5,407)	(5,407)
At 30 September 25	117,984	117,984
Net book value
At 30 September 25	117,984	117,984
At 30 September 24	123,391	123,391

4.	Investment property
	The investment property was valued on an open market basis on 30th September 2024. The value of the property is believed to be £275,000 (FY2022: £415,000) with no significant changes between the valuation date and the current period end. The cumulative cost of the capitalised fees and stamp duty is £31,767 (FY2023: £31,767) If the investment property was stated on an historical cost basis rather than a fair value basis, the amounts would be included as follows £396,500.

Investment property

The investment property was valued on an open market basis on 30th September 2024. The value of the property is believed to be £275,000 (FY2022: £415,000) with no significant changes between the valuation date and the current period end.
The cumulative cost of the capitalised fees and stamp duty is £31,767 (FY2023: £31,767)
If the investment property was stated on an historical cost basis rather than a fair value basis, the amounts would be included as follows £396,500.


		£
	Fair value at 01 October 24	312,367
	At 30 September 25	312,367

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	9,054	8,303
Prepayments and accrued income	443	889
Total	9,497	9,192

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,754	1,728
Amounts owed to related parties	92,460	99,574
Taxation and social security	605	437
Other creditors	37,243	46,969
Accrued liabilities and deferred income	39,984	39,984
Total	172,046	188,692

7.	Related party transactions
	The company's immediate parent undertaking is CannAnalytica Co Ltd, a company incorporated in Malta. The company's ultimate controlling party is N Spiteri. Included in Other Creditors is £52,196 owed to CannAnalytica Co Ltd (2024: £52,196). Included in Other Creditors are the following amounts owed to companies under common control: EST1985 £7,503 (2024: £14,617) MSSV Company Ltd £32,761 (2024: £32,761) The above loans are unsecured ,interest free and repayable on demand.

Related party transactions

The company's immediate parent undertaking is CannAnalytica Co Ltd, a company incorporated in Malta. The company's ultimate controlling party is N Spiteri.

Included in Other Creditors is £52,196 owed to CannAnalytica Co Ltd (2024: £52,196).

Included in Other Creditors are the following amounts owed to companies under common control:

EST1985 £7,503 (2024: £14,617)
MSSV Company Ltd £32,761 (2024: £32,761)

The above loans are unsecured ,interest free and repayable on demand.