NYS Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09872287 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

NYS SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

9

DIRECTOR:

E R D Morgan

REGISTERED OFFICE:

45 Queen Street

Deal

Kent

CT14 6EY

REGISTERED NUMBER:

09872287 (England and Wales)

ACCOUNTANTS:

Higson & Co (Deal) Ltd

45 Queen Street

Deal

Kent

CT14 6EY

FIXED ASSETS

Tangible assets

4

207

591

Investments

5

91,256

62,460

91,463

63,051

CURRENT ASSETS

Debtors

6

115,598

466,497

Cash at bank

709

47,832

116,307

514,329

CREDITORS

Amounts falling due within one year

7

123,979

153,685

NET CURRENT (LIABILITIES)/ASSETS

(7,672

)

360,644

TOTAL ASSETS LESS CURRENT
LIABILITIES

83,791

423,695

PROVISIONS FOR LIABILITIES

8

8,891

3,434

NET ASSETS

74,900

420,261

CAPITAL AND RESERVES

Called up share capital

9

75

100

Capital redemption reserve

10

25

-

Fair value reserve

10

30,190

6,926

Retained earnings

10

44,610

413,235

SHAREHOLDERS' FUNDS

74,900

420,261

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

E R D Morgan - Director

1.	STATUTORY INFORMATION

NYS 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.

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

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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

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 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.

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 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 November 2024

and 31 October 2025

1,918

3,975

5,893

DEPRECIATION

At 1 November 2024

1,327

3,975

5,302

Charge for year

384

-

384

At 31 October 2025

1,711

3,975

5,686

NET BOOK VALUE

At 31 October 2025

207

-

207

At 31 October 2024

591

-

591

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST OR VALUATION

At 1 November 2024

20,001

42,459

62,460

Additions

75

-

75

Revaluations

-

28,721

At 31 October 2025

20,076

71,180

91,256

NET BOOK VALUE

At 31 October 2025

20,076

71,180

91,256

At 31 October 2024

20,001

42,459

62,460

Cost or valuation at 31 October 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

Valuation in 2023

-

1,433

Valuation in 2024

-

7,118

Valuation in 2025

-

28,721

Cost

20,076

33,908

53,984

20,076

71,180

91,256

The company's investments at the Balance Sheet date in the share capital of companies include the following:

SGate Limited

Registered office: Registered in the UK

Nature of business: Wholesale Marketing

%

Class of shares:

holding

Ordinary £1 shares

100.00

M & Co. Homes Limited

Registered office: Registered in the UK

Nature of business: Property development

%

Class of shares:

holding

Ordinary £1

100.00

The Street Hawkinge Ltd

Registered office:

Nature of business: Property Development

%

Class of shares:

holding

Ordinary £1 shares

75.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

240

311,149

Other debtors

78,108

87,698

Directors' current accounts

28,002

58,402

Tax

9,248

115,598

466,497

Others debtors includes:

A balance of £7,000 (2024: £7,000) owed by Eden Estates (UK) Limited, a company in which the director has a significant interest.

A balance of £70,248 (2024: £80,448) owed by a private third party and is expected to be repaid in full to the company in the forseeable future.

A balance of £860 (2024: £250) owed by R Linker Limited, a company in which the director has a significant interest.

Amounts due to group undertakings represents an amount due to The Street Hawkinge Ltd, a 75% owned subsidiary.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

-

360

Amounts owed to group undertakings

52,556

-

Tax

71,003

152,314

Social security and other taxes

(71

)

(71

)

Other creditors

-

859

Accrued expenses

491

223

123,979

153,685

Amounts owed to group undertakings at the year end were as follows;

A balance of £52,556 (2024 - £311,149 owed by M&Co Homes) is owed to M&Co Homes Limited.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

8,891

3,434

Deferred

tax

£

Balance at 1 November 2024

3,434

Provided during year

5,457

Balance at 31 October 2025

8,891

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

75

Ordinary

£1

75

100

10.

RESERVES

Capital

Fair

Retained

redemption

value

earnings

reserve

Totals

£

At 1 November 2024

413,235

-

6,926

420,161

Profit for the year

3,127

Dividends

(20,000

)

(20,000

)

Purchase of own shares

(328,488

)

-

(328,488

)

Cash share issue

-

25

-

25

Revaluations

(23,264

)

-

23,264

-

At 31 October 2025

44,610

25

30,190

74,825

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

E R D Morgan

Balance outstanding at start of year

58,402

15,034

Amounts advanced

1,846

43,680

Amounts repaid

(32,246

)

(312

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

28,002

58,402

12.	ULTIMATE CONTROLLING PARTY

The controlling party is E R D Morgan.

The ultimate controlling party is E R D Morgan.

13.	GOING CONCERN

The accounts have been prepared on a going concern basis. The Director intends to support the Company for the next 12 months.

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2025 set out on pages one to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Higson & Co (Deal) Ltd

45 Queen Street

Deal

Kent

CT14 6EY

Date: .............................................