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REGISTERED NUMBER: 09165348 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Intellum UK Limited

Intellum UK Limited (Registered number: 09165348)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Intellum UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: W Simpson



REGISTERED OFFICE: 303 Goring Road
Worthing
West Sussex
BN12 4NX



REGISTERED NUMBER: 09165348 (England and Wales)



SENIOR STATUTORY
AUDITOR:
Michelle Westbury FCCA



AUDITORS: WEST & BERRY LIMITED
Nile House
Nile Street
Brighton
East Sussex
BN1 1HW

Intellum UK Limited (Registered number: 09165348)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 727,345 772,152
Cash at bank - 3,731
727,345 775,883
CREDITORS
Amounts falling due within one year 5 181,497 252,660
NET CURRENT ASSETS 545,848 523,223
TOTAL ASSETS LESS CURRENT
LIABILITIES

545,848

523,223

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 545,748 523,123
SHAREHOLDERS' FUNDS 545,848 523,223

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 10 April 2025 and were signed by:





W Simpson - Director


Intellum UK Limited (Registered number: 09165348)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Intellum UK 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.

The financial statements are prepared in sterling, which is the functional currency of the limited company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. There are no material uncertainties that may cast significant doubt about the entity's ability to continue as a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from annual software contract sales is recognised when the services are rendered, using a percentage of completion method based on the actual contract provided as a proportion of the total contract remaining.

Taxation
Taxation for the year comprises current 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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. Gains and losses arising on translation in the period are included in profit or loss.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 14 ) .

Intellum UK Limited (Registered number: 09165348)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,518 46,558
Amounts owed by group undertakings 719,066 715,930
Other debtors 6,761 9,664
727,345 772,152

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 9,194 50,652
Other creditors 172,303 202,008
181,497 252,660

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michelle Westbury FCCA (Senior Statutory Auditor)
for and on behalf of WEST & BERRY LIMITED

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Intellum Inc., a US based company. On the 31st August 2019, Intellum Inc. purchased 100% of the shares in Intellum UK Limited, making it the ultimate controlling party by virtue of its holding.