REGISTERED NUMBER: 09003457 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

NGS GRITTING SERVICES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr. M Karia

SECRETARY:

NGS Trading & Holdings Ltd

REGISTERED OFFICE:

NGS Group Offices

Rushington Business Park

Chapel Lane

Southampton

SO40 9AH

REGISTERED NUMBER:

09003457 (England and Wales)

ACCOUNTANTS:

Watergates Ltd

109 Coleman Road

Leicester

LE5 4LE

FIXED ASSETS

Tangible assets

4

985,587

509,001

CURRENT ASSETS

Stocks

225,318

38,201

Debtors

5

1,631,895

1,729,817

Cash at bank and in hand

104,507

80,919

1,961,720

1,848,937

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

(400,374

)

(311,834

)

NET CURRENT ASSETS

1,561,346

1,537,103

TOTAL ASSETS LESS CURRENT LIABILITIES

2,546,933

2,046,104

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

7

(679,878

)

(322,424

)

NET ASSETS

1,867,055

1,723,680

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

1,867,054

1,723,679

SHAREHOLDERS' FUNDS

1,867,055

1,723,680

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the Company to obtain an audit of its financial statements for the year ended 28th February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th September 2026 and were signed by:

Mr. M Karia - Director

1.	STATUTORY INFORMATION

NGS Gritting Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on cost

Motor vehicles

-

15% on cost

Office equipment

-

15% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st March 2025

72,463

647,328

15,462

735,253

Additions

-

656,367

-

656,367

Disposals

-

(106,952

)

-

(106,952

)

At 28th February 2026

72,463

1,196,743

15,462

1,284,668

DEPRECIATION

At 1st March 2025

52,530

163,191

10,531

226,252

Charge for year

6,108

123,144

1,371

130,623

Eliminated on disposal

-

(57,794

)

-

(57,794

)

At 28th February 2026

58,638

228,541

11,902

299,081

NET BOOK VALUE

At 28th February 2026

13,825

968,202

3,560

985,587

At 28th February 2025

19,933

484,137

4,931

509,001

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st March 2025

610,976

Additions

656,367

Disposals

(106,952

)

At 28th February 2026

1,160,391

DEPRECIATION

At 1st March 2025

145,869

Charge for year

120,514

Eliminated on disposal

(57,794

)

At 28th February 2026

208,589

NET BOOK VALUE

At 28th February 2026

951,802

At 28th February 2025

465,107

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade debtors

478,707

591,814

Amounts owed by group undertakings

1,153,188

1,133,837

Other debtors

-

4,166

1,631,895

1,729,817

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Hire purchase contracts

209,109

128,106

Trade creditors

47,295

76,365

Taxation and social security

139,262

95,513

Other creditors

4,708

11,850

400,374

311,834

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28/2/26

28/2/25

£

£

Bank loans

7,504

37,523

Hire purchase contracts

672,374

284,901

679,878

322,424

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28/2/26

28/2/25

value:

£

£

1

Ordinary

£1

1

1

9.	ULTIMATE CONTROLLING PARTY

The company Is a wholly owned subsidiary under the control of NGS Trading & Holdings Ltd registered in England & Wales, registered office:NGS Group Offices, Rushington Business Park, Chapel Lane, Southampton, SO40 9AH, UK.