NAGLOTECH LTD


Directors	BOOTH, Andrew Armstrong
	BOOTH, Samantha Lorraine


Company Secretary	BOOTH, Samantha Lorraine


Registered Address	2 Colchester Road
	St. Osyth
	Clacton-On-Sea
	CO16 8HA


Registered Number	05326296 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		227,859		176,914
			227,859		176,914
Current assets
Debtors	4	239,106		165,161
Cash at bank and on hand		126,752		52,053
		365,858		217,214
Creditors amounts falling due within one year	5	(258,620)		(186,962)
Net current assets (liabilities)			107,238		30,252
Total assets less current liabilities			335,097		207,166
Creditors amounts falling due after one year	6		(123,230)		(63,052)
Provisions for liabilities	8		(42,637)		(44,229)
Net assets			169,230		99,885
Capital and reserves
Called up share capital			2		1,002
Profit and loss account			169,228		98,883
Shareholders' funds			169,230		99,885

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 11 September 2026, and are signed on its behalf by:

BOOTH, Andrew Armstrong
Director

BOOTH, Samantha Lorraine
Director

Registered Company No. 05326296

NAGLOTECH LTD

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.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

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

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Revenue from rendering of services
	Revenue 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 is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	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 or valuation less depreciation. Depreciation is provided on all tangible fixed assets at the following rates:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	15
	Vehicles	20
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	20		15

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 February 25	30,141	147,332	216,303	393,776
Additions	-	107,630	24,728	132,358
Disposals	-	(57,000)	-	(57,000)
At 31 January 26	30,141	197,962	241,031	469,134
Depreciation and impairment
At 01 February 25	18,379	57,876	140,607	216,862
Charge for year	2,942	39,417	16,683	59,042
On disposals	-	(34,629)	-	(34,629)
At 31 January 26	21,321	62,664	157,290	241,275
Net book value
At 31 January 26	8,820	135,298	83,741	227,859
At 31 January 25	11,762	89,456	75,696	176,914

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	33,640	33,722
Other debtors	190,453	110,883
Prepayments and accrued income	15,013	20,556
Total	239,106	165,161


	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, less any impairment losses for bad and doubtful debt

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, less any impairment losses for bad and doubtful debt

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	44,603	21,667
Bank borrowings and overdrafts	-	120
Taxation and social security	104,426	54,015
Finance lease and HP contracts	8,254	40,392
Other creditors	79,354	32,892
Accrued liabilities and deferred income	21,983	37,876
Total	258,620	186,962


	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.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	81,766	13,333
Other creditors	41,464	49,719
Total	123,230	63,052

7.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	49,718		90,111

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	42,637	44,229
Total	42,637	44,229

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
BOOTH, Andrew Armstrong	27,588	207,712	200,778	34,522
Joint Director Loan account
	27,588	207,712	200,778	34,522


	At the end of the financial year, the entity owed the directors £34,522. No interest has been calculated on this outstanding balance.