REGISTERED NUMBER: 14600475 (England and Wales)

North London Gas Services Ltd

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

F Tarja

REGISTERED OFFICE:

32 Westgate Court

Waltham Cross

EN8 8RZ

REGISTERED NUMBER:

14600475 (England and Wales)

ACCOUNTANTS:

Happy Accountants

FIXED ASSETS

Tangible assets

4

20,125

21,764

CURRENT ASSETS

Debtors

5

9,441

5,354

Cash at bank and in hand

148,087

132,608

157,528

137,962

CREDITORS

Amounts falling due within one year

6

68,870

70,572

NET CURRENT ASSETS

88,658

67,390

TOTAL ASSETS LESS CURRENT LIABILITIES

108,783

89,154

PROVISIONS FOR LIABILITIES

5,031

5,441

NET ASSETS

103,752

83,713

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

103,652

83,613

SHAREHOLDERS' FUNDS

103,752

83,713

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 8 June 2026 and were signed by:

F Tarja - Director

1.	STATUTORY INFORMATION

North London Gas Services 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.

Turnover

Revenue represents the net value of invoiced services provided, being net of value added tax, returns, rebates and discounts.

Revenue for services is recognised when it is probable that the economic benefit of the transaction will flow to the entity, and the revenue and costs related to the transaction can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured using the percentage of completion method.

Tangible fixed assets

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

Motor vehicles

-

10% on reducing balance

Computer equipment

-

20% on cost

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 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

26,893

Additions

957

At 31 December 2025

27,850

DEPRECIATION

At 1 January 2025

5,129

Charge for year

2,596

At 31 December 2025

7,725

NET BOOK VALUE

At 31 December 2025

20,125

At 31 December 2024

21,764

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

973

1,176

Other debtors

8,468

4,178

9,441

5,354

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

13,524

6,575

Taxation and social security

21,933

32,722

Other creditors

33,413

31,275

68,870

70,572

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is F Tarja.