Registration number: 12575293

National Retrofit Solutions Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

National Retrofit Solutions Limited

(Registration number: 12575293)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	10,935	-
Current assets
Debtors	6	119,808	1
Cash at bank and in hand		36,253	-
		156,061	1
Creditors: Amounts falling due within one year	7	(355,402)	(1,020)
Net current liabilities		(199,341)	(1,019)
Total assets less current liabilities		(188,406)	(1,019)
Provisions for liabilities		(19,000)	-
Net liabilities		(207,406)	(1,019)
Capital and reserves
Called up share capital		1	1
Retained earnings		(207,407)	(1,020)
Shareholders' deficit		(207,406)	(1,019)

For the financial year ending 31 December 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.

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 22 September 2026 and signed on its behalf by:
 

E J Lake Director

National Retrofit Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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:
St James House First Floor
St James House
St James' Square
Cheltenham
Gloucestershire
GL50 3PR

These financial statements were authorised for issue by the Board on 22 September 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.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The company has ceased to trade after the year end. Accordingly, the financial statements have been prepared on a basis other than that of the going concern basis, with assets being stated at their recoverable values, and liabilities reported in full.

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Revenue is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue from the provision of services in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
a) the amount of revenue can be reliably measured;
b) it is probable that future economic benefit will flow to the entity;
c) the stage of completion of the contract at the end of the reporting period can be reliably measured; and
d) the costs incurred and the costs to complete the contract can be reliably measured.

National Retrofit Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the Balance Sheet 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	Straight-line over 5 years

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
Other intangible assets	Straight-line over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The company had an average of 3 (2024 - 2) directors during the year.

The average number of persons employed by the company during the year was 2 (2024 - 0).

National Retrofit Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	6,950	6,950
At 31 December 2025	6,950	6,950
Amortisation
Amortisation charge	348	348
Impairment	6,602	6,602
At 31 December 2025	6,950	6,950
Carrying amount
At 31 December 2025	-	-

5	Tangible assets

	Office equipment £	Total £
Cost or valuation
Additions	11,510	11,510
At 31 December 2025	11,510	11,510
Depreciation
Charge for the year	575	575
At 31 December 2025	575	575
Carrying amount
At 31 December 2025	10,935	10,935

6

Debtors

	Note	2025 £	2024 £
Amounts owed by related parties	8	-	1
Other debtors		21,147	-
Prepayments		15,389	-
Accrued income		83,272	-
		119,808	1

National Retrofit Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Due within one year	Note	2025 £	2024 £
Trade creditors		18,355	-
Amounts due to related parties	8	309,106	-
Social security and other taxes		11,909	-
Other creditors		3,726	-
Accruals		12,306	1,020
		355,402	1,020