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Registration number: 08300299

Route One Network Limited
Annual Report and Unaudited Financial Statements
for the year ended 30 November 2025

Route One Network Limited

Contents

Statement of Financial Position | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Route One Network Limited

(Registration number: 08300299)
Statement of Financial Position
30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 2,887 | 6,824
Tangible assets | 5 | 756 | 2,885
Other financial assets | 6 | 56,877 | -
|  | 60,520 | 9,709
Current assets |  |  |
Debtors | 7 | 2,721 | 755
Cash at bank and in hand |  | 490,029 | 569,536
|  | 492,750 | 570,291
Creditors: Amounts falling due within one year | 8 | (23,310) | (24,943)
Net current assets |  | 469,440 | 545,348
Total assets less current liabilities |  | 529,960 | 555,057
Provisions for liabilities |  | (712) | (721)
Net assets |  | 529,248 | 554,336
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 529,148 | 554,236
Shareholders' funds |  | 529,248 | 554,336

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Route One Network Limited

(Registration number: 08300299)
Statement of Financial Position
30 November 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 July 2026 and signed on its behalf by:

......................................... D Banks Director

Route One Network Limited

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
United Kingdom

These financial statements were authorised for issue by the Board on 21 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Route One Network Limited

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | between 2 and 5 years
Fixtures and fittings | 15% reducing balance
Motor vehicles | over 4 years

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Route One Network Limited

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | over 5 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 3).

Route One Network Limited

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 December 2024 | 36,747 | 36,747
At 30 November 2025 | 36,747 | 36,747
Amortisation
At 1 December 2024 | 29,923 | 29,923
Amortisation charge | 3,937 | 3,937
At 30 November 2025 | 33,860 | 33,860
Carrying amount
At 30 November 2025 | 2,887 | 2,887
At 30 November 2024 | 6,824 | 6,824

Route One Network Limited

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 December 2024 | 25,948 | 25,948
At 30 November 2025 | 25,948 | 25,948
Depreciation
At 1 December 2024 | 23,063 | 23,063
Charge for the year | 2,129 | 2,129
At 30 November 2025 | 25,192 | 25,192
Carrying amount
At 30 November 2025 | 756 | 756
At 30 November 2024 | 2,885 | 2,885

Route One Network Limited

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

6 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Non-current financial assets
Cost or valuation
Fair value adjustments | 1,770 | 1,770
Additions | 55,107 | 55,107
At 30 November 2025 | 56,877 | 56,877
Impairment
Carrying amount
At 30 November 2025 | 56,877 | 56,877

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 2,661 | 384
Prepayments | 60 | 371
| 2,721 | 755

8 | Creditors

Creditors: amounts falling due within one year

Route One Network Limited

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 16,009 | 17,677
Accruals and deferred income | 1,165 | 1,130
Other creditors | 6,136 | 6,136
| 23,310 | 24,943