REGISTERED NUMBER: 16060948 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 5 NOVEMBER 2024 TO 31 MARCH 2026

FOR

NETWORK TRANSPORT SOLUTION LIMITED

Page

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Financial Statements

4

DIRECTOR:

Ms G L Radley

SECRETARY:

REGISTERED OFFICE:

10 London Mews

London

W2 1HY

REGISTERED NUMBER:

16060948 (England and Wales)

ACCOUNTANTS:

Stein Richards Limited

Chartered Accountants

10 London Mews

Paddington

LONDON

W2 1HY

FIXED ASSETS

Tangible assets

4

15,724

CURRENT ASSETS

Debtors

5

979,714

Cash at bank

28,928

1,008,642

CREDITORS

Amounts falling due within one year

6

967,101

NET CURRENT ASSETS

41,541

TOTAL ASSETS LESS CURRENT LIABILITIES

57,265

CREDITORS

Amounts falling due after more than one year

7

295,360

NET LIABILITIES

(238,095

)

CAPITAL AND RESERVES

Called up share capital

9

1,000

Retained earnings

(239,095

)

SHAREHOLDERS' FUNDS

(238,095

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 18 September 2026 and were signed by:

Ms G L Radley - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Changes in equity

Issue of share capital

1,000

-

1,000

Total comprehensive income

-

(239,095

)

(239,095

)

Balance at 31 March 2026

1,000

(239,095

)

(238,095

)

1.	STATUTORY INFORMATION

Network Transport Solution Limited 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.

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.

Extended period

These financial statements cover a period greater than 12 months from 5 November 2024 to 31 March 2026. The year end was extended to be co-terminus with the company's parent company's year end.

Going concern

After reviewing the company's forecasts and projections, the director believe that adequate cash resources will be available from trading activities and personal support to cover the company's requirements for working capital and capital expenditure for at least the next 12 months.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with members of the group in which the company is a wholly owned subsidiary.

Turnover

The turnover of the company for the period has been derived from provision of trucks and drivers and also recruitment services specialising in HGV driving jobs to the transport and logistics sector.

Turnover is recognised on completed provision of services to the end user within the financial period and excludes value added tax and discounts.

Other Operating income

This comprises of income streams from operating activities outside the company's principal revenue-generating operations. This includes providing operational advise to peer companies.

The income is recognised on an accruals basis as completed within the financial period.

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.

Plant and machinery etc

-

25% straight line

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical costs includes expenditure that us directly attributable to bring the asset to the location and condition necessary for it to be capable of operating in the manner intended by the management.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and trade and other creditors, loans from related parties and debt factoring from banks.

Financial assets

The company's financial assets include cash, accrued income and trade debtors. Trade debtors are measured initially at transaction price and subsequently at amortised cost.

Financial liabilities

The company's principal financial liabilities include trade creditors and other creditors which are measured initially at transaction price and subsequently at amortised cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

Additions

217,390

10,830

228,220

Disposals

(209,789

)

-

(209,789

)

At 31 March 2026

7,601

10,830

18,431

DEPRECIATION

Charge for period

84

2,707

2,791

Eliminated on disposal

(84

)

-

(84

)

At 31 March 2026

-

2,707

2,707

NET BOOK VALUE

At 31 March 2026

7,601

8,123

15,724

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

634,097

Other debtors

345,617

979,714

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

169,862

Trade creditors

583,010

Taxation and social security

40,885

Other creditors

173,344

967,101

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Amounts owed to group undertakings

295,360

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank overdraft

169,862

The company has an invoice discount facility with HSBC Invoice Finance (UK) Limited. Included within bank loans and overdrafts is £169,862 owed to HSBC INvoice Finance (UK) Limited as at 31 March 2026. This is secured by a fixed and floating charge over the assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100,000

Ordinary

£0.01

1,000

100,000 Ordinary shares of £0.01 each were allotted and fully paid for cash at par during the period.

10.	RELATED PARTY DISCLOSURES

During the period the company was loaned £7,000 from a UK incorporated company owned by the same ultimate controlling party. The loan is repayable on demand and no interest is payable. The balance is included within Other creditors.