REGISTERED NUMBER: 05932138 (England and Wales)

NGA SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N Jones

Mrs A Palmer

REGISTERED OFFICE:

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

REGISTERED NUMBER:

05932138 (England and Wales)

ACCOUNTANTS:

P G ASSOCIATES

Accountants

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

FIXED ASSETS

Tangible assets

4

1,832

2,073

Investments

5

28

28

1,860

2,101

CURRENT ASSETS

Debtors

6

1,993

767

Cash at bank

565

4,405

2,558

5,172

CREDITORS

Amounts falling due within one year

7

12,351

15,392

NET CURRENT LIABILITIES

(9,793

)

(10,220

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,933

)

(8,119

)

CAPITAL AND RESERVES

Called up share capital

100

1

Retained earnings

(8,033

)

(8,120

)

SHAREHOLDERS' FUNDS

(7,933

)

(8,119

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 7 July 2026 and were signed on its behalf by:

Mr N Jones - Director

1.	STATUTORY INFORMATION

NGA Systems Limited 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The financial statements have been prepared on the going concern basis. At the balance sheet date the company had net current liabilities of £9,892, including a director's loan of £8,500 The company continues to be profitable and is generating cash. However, it is dependent on the support of its director. This support is expected to continue for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 February 2025

14,587

Additions

369

At 31 January 2026

14,956

DEPRECIATION

At 1 February 2025

12,514

Charge for year

610

At 31 January 2026

13,124

NET BOOK VALUE

At 31 January 2026

1,832

At 31 January 2025

2,073

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

and 31 January 2026

28

NET BOOK VALUE

At 31 January 2026

28

At 31 January 2025

28

On the 31 August 2014 the Company acquired 8,271 Ordinary Shares in Wine Tech Limited, an unlisted Investment. The shares are currently valued at £6,000 (2023 - £6,000)

On the 30 November 2015 the Company acquired 20 Ordinary Shares in 71 Construction Limited, an unlisted Investment which equates to 25% of the Share Capital. The shares are currently valued at £1,000.00.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

1,894

767

Other debtors

99

-

1,993

767

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

VAT

217

60

Other creditors

2,239

2,832

Directors' current accounts

8,500

11,105

Accrued expenses

1,395

1,395

12,351

15,392

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the 31 January 2025, the Company owed the Director, Mr N Jones £8,500 (2025- £11,104). This balance is interest free, repayable on demand and is included in Creditors due within one year.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N Jones.