NetSecurity.IO Limited


Directors	Mrs J L Devlin
	Mrs V Frost
	Mr M S Devlin
	Mr I Frost


Registered Address	14 The Croft
	Barnet
	EN5 2TL


Registered Number	09350595 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		185,999		169,558
			185,999		169,558
Current assets
Debtors	4	8,586,460		7,836,885
Cash at bank and on hand		1,878,361		1,313,238
		10,464,821		9,150,123
Creditors amounts falling due within one year	5	(969,877)		(1,061,836)
Net current assets (liabilities)			9,494,944		8,088,287
Total assets less current liabilities			9,680,943		8,257,845
Provisions for liabilities	6		(37,144)		(33,034)
Net assets			9,643,799		8,224,811
Capital and reserves
Called up share capital			100		100
Profit and loss account			9,643,699		8,224,711
Shareholders' funds			9,643,799		8,224,811

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 7 July 2026, and are signed on its behalf by:

Mr M S Devlin
Director
Registered Company No. 09350595

NetSecurity.IO Limited

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Employee benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in accruals in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	33
Fixtures and fittings	-	5
Vehicles	25	-
Office Equipment	-	4

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		3

3.	Tangible fixed assets

	Land & buildings	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 February 25	57,924	124,000	16,775	38,313	237,012
Additions	-	82,153	-	3,732	85,885
Disposals	-	(61,000)	-	-	(61,000)
At 31 January 26	57,924	145,153	16,775	42,045	261,897
Depreciation and impairment
At 01 February 25	470	40,687	1,618	24,679	67,454
Charge for year	1,738	18,797	3,355	4,570	28,460
On disposals	-	(20,016)	-	-	(20,016)
At 31 January 26	2,208	39,468	4,973	29,249	75,898
Net book value
At 31 January 26	55,716	105,685	11,802	12,796	185,999
At 31 January 25	57,454	83,313	15,157	13,634	169,558

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	1,004,458	954,320
Other debtors	7,574,555	6,878,112
Prepayments and accrued income	7,447	4,453
Total	8,586,460	7,836,885


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included in other debtors are amounts due from NetInvestments.IO Limited of £4,014,514 (2025: £3,645,365) and from NetSec Investments Limited of £3,560,041 (2025: £3,232,682) which are companies under the control of the directors.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at
amortised cost determined using the effective interest method.

Included in other debtors are amounts due from NetInvestments.IO Limited of £4,014,514 (2025: £3,645,365) and from NetSec Investments Limited of £3,560,041 (2025: £3,232,682) which are companies under the control of the directors.

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	152,035	140,480
Taxation and social security	484,402	817,161
Other creditors	29,066	21,339
Accrued liabilities and deferred income	304,374	82,856
Total	969,877	1,061,836


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included in other creditors above is an amount due to the directors of £27,186 (2025: £21,339). The loan is interest free with no set repayment terms.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Included in other creditors above is an amount due to the directors of £27,186 (2025: £21,339). The loan is interest free with no set repayment terms.

6.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	37,144	33,034
Total	37,144	33,034

7.	Related party transactions
	No transactions with related parties were undertaken such as are required to be disclosed under FRS102 other than the directors loan accounts disclosed in note 5, and the loans to the companies under common control disclosed in note 4.