REGISTERED NUMBER: 13550484 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Network Scaffolding Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

S J Guthrie

Mrs A Guthrie

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GU

REGISTERED NUMBER:

13550484 (England and Wales)

ACCOUNTANTS:

Innes & Partners Limited

Chartered Certified Accountants

9 Ardross Street

Inverness

IV3 5NN

FIXED ASSETS

Tangible assets

4

150,156

262,913

Investments

5

236,495

236,495

Investment property

6

90,331

-

476,982

499,408

CURRENT ASSETS

Debtors

7

850,986

2,273

Cash at bank

952,470

969,011

1,803,456

971,284

CREDITORS

Amounts falling due within one year

8

109,503

111,132

NET CURRENT ASSETS

1,693,953

860,152

TOTAL ASSETS LESS CURRENT LIABILITIES

2,170,935

1,359,560

PROVISIONS FOR LIABILITIES

1,870

4,035

NET ASSETS

2,169,065

1,355,525

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,169,064

1,355,524

SHAREHOLDERS' FUNDS

2,169,065

1,355,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 16 June 2026 and were signed on its behalf by:

S J Guthrie - Director

1.	STATUTORY INFORMATION

Network Scaffolding Group 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

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 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

vehicles

Totals

£

£

£

COST

At 1 April 2025

186,250

107,916

294,166

Reclassification/transfer

(93,125

)

-

(93,125

)

At 31 March 2026

93,125

107,916

201,041

DEPRECIATION

At 1 April 2025

5,588

25,665

31,253

Charge for year

1,863

20,563

22,426

Reclassification/transfer

(2,794

)

-

(2,794

)

At 31 March 2026

4,657

46,228

50,885

NET BOOK VALUE

At 31 March 2026

88,468

61,688

150,156

At 31 March 2025

180,662

82,251

262,913

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

236,495

NET BOOK VALUE

At 31 March 2026

236,495

At 31 March 2025

236,495

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Reclassification/transfer

90,331

At 31 March 2026

90,331

NET BOOK VALUE

At 31 March 2026

90,331

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

90,331

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

-

230

Amounts owed by group undertakings

850,138

71

Prepayments and accrued income

848

1,972

850,986

2,273

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

605

96

Tax

77,255

74,148

Social security and other taxes

683

471

VAT

16,951

31,143

Directors' current accounts

8

7

Accruals and deferred income

14,001

5,267

109,503

111,132

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/26

31/3/25

£

£

Within one year

5,008

5,008

Between one and five years

-

5,008

5,008

10,016

10.	RELATED PARTY DISCLOSURES

During the year, the company received management fees of £298,000 (2025 : £398,000), Service charges of £20,874 (2025: £21,948), rent of £15,000 (2025: £12,500) from Network Scaffolding Contractors Limited.

During the year, the company received dividends of £850,067 from Network Scaffolding Contractors Limited (2025: £970,004).

At the year end, the balance owing to the company from Network Scaffolding Contractors Limited was £850,138 (2025: £71).

Network Scaffolding Contractors Limited is a subsidiary company of Network Scaffolding Group Limited.

Group accounts have not been prepared as the company is exempt from preparing group accounts under S.401 of the Companies Act 2006.

During the year, S J Guthrie, director, had underpaid dividends of £1 (2025: £2). The balance owing to S J Guthrie from the company at the year end was £8 (2025: £7).

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Network Scaffolding Group Ltd for the year ended 31 March 2026 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Network Scaffolding Group Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Network Scaffolding Group Ltd and state those matters that we have agreed to state to the Board of Directors of Network Scaffolding Group Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Network Scaffolding Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Network Scaffolding Group Ltd. You consider that Network Scaffolding Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Network Scaffolding Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Innes & Partners Limited

Chartered Certified Accountants

9 Ardross Street

Inverness

IV3 5NN

16 June 2026