Registration number: 03415375

Solution 7 Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 8

Solution 7 Limited

Company Information

Directors

T Kim C W Wonderling

Registered office

Magdalen Centre 1 Robert Robinson Avenue Oxford Oxfordshire OX4 4GA

Auditors

Wenn Townsend Chartered Accountants and Statutory Auditor30 St Giles' Oxford OX1 3LE

Solution 7 Limited

(Registration number: 03415375)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	2,986,988	-
Tangible assets	5	-	28,045
		2,986,988	28,045
Current assets
Debtors	6	3,656,730	748,090
Cash at bank and in hand		2,521,025	15,326,977
		6,177,755	16,075,067
Creditors: Amounts falling due within one year	7	(4,265,424)	(4,141,872)
Net current assets		1,912,331	11,933,195
Total assets less current liabilities		4,899,319	11,961,240
Creditors: Amounts falling due after more than one year	7	(111,144)	-
Net assets		4,788,175	11,961,240
Capital and reserves
Called up share capital	8	2	2
Capital redemption reserve		4	4
Retained earnings		4,788,169	11,961,234
Shareholders' funds		4,788,175	11,961,240

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 17 September 2025 and signed on its behalf by:
 

......................................... C W Wonderling Director

Solution 7 Limited

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
Magdalen Centre
1 Robert Robinson Avenue
Oxford
Oxfordshire
OX4 4GA

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 except that as disclosed in the accounting policies certain items are shown at fair value.

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

Disclosure of long or short period

These accounts cover a period longer than a year to align the year end with that of the acquiring group, and as a result the comparative figures are not entirely comparable.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 17 September 2025 was Mr Benjamin Hayes BSc FCA, who signed for and on behalf of Wenn Townsend.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable, net of sales/value added tax, for the sale of goods and provision of services in the ordinary course of the company’s activities.

Solution 7 Limited

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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, on a straight line basis over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	12 months
Office equipment	3 years
Fixtures and fittings	3 years
Vehicles	3 years

Intangible assets

Intangible assets are stated in the balance sheet at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation will be provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life. Amortisation will be applied when the intangible asset is available for use in the manner intended by management.

Asset class	Amortisation method and rate
Other intangible asset	Straight line over 5-10 years

Solution 7 Limited

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 9 (2023 - 9).

Solution 7 Limited

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	3,180,641	3,180,641
At 31 December 2024	3,180,641	3,180,641
Amortisation charge	193,653	193,653
At 31 December 2024	193,653	193,653
Carrying amount
At 31 December 2024	2,986,988	2,986,988

5	Tangible assets

	Fixtures and fittings £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2023	5,117	108,004	56,090	169,211
Additions	-	2,862	-	2,862
Disposals	-	-	(56,090)	(56,090)
At 31 December 2024	5,117	110,866	-	115,983
Depreciation
At 1 September 2023	5,117	108,004	28,045	141,166
Charge for the period	-	2,862	10,906	13,768
Eliminated on disposal	-	-	(38,951)	(38,951)
At 31 December 2024	5,117	110,866	-	115,983
Carrying amount
At 31 December 2024	-	-	-	-
At 31 August 2023	-	-	28,045	28,045

Solution 7 Limited

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

6

Debtors

	Note	2024 £	2023 £
Trade debtors		614,768	437,677
Amounts owed by related parties	10	2,659,176	-
Prepayments		200,394	307,178
Other debtors		182,392	3,235
		3,656,730	748,090

Details of non-current trade and other debtors

£99,766 (2023 - £Nil) of prepayments is classified as non current. This relates to the prepayment of commissions released over 5 years.

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	41,943	21,227
Taxation and social security	162,660	552,469
Accruals and deferred income	4,051,610	3,559,678
Other creditors	9,211	8,498
	4,265,424	4,141,872

Creditors: amounts falling due after more than one year

	2024 £	2023 £
Due after one year
Deferred income	111,144	-

Solution 7 Limited

Notes to the Financial Statements for the Period from 1 September 2023 to 31 December 2024

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £0.10 each	20	2.00	20	2.00

9

Dividends

		2024		2023
		£		£
Interim dividend of £474,884 (2023 - £7,350) per ordinary share		9,497,672		147,000

10	Related party transactions

As at 31st August 2024, the Directors owed £nil (2023: £3,235) to the company. During the year a balance of £2,821 due from a director was repaid preceding his resignation. As at 31st December 2024, receivables from a group company sharing common ownership were £2,659,176.

11	Parent and ultimate parent undertaking

During the year, the company was purchased by Zone Bidco Limited, a subsidiary of Zone & Company Software Consulting LLC.

 The company's immediate parent is Zone Bidco Limited, incorporated in England and Wales.

 The ultimate parent is ZS Holdco LLC, incorporated in United States of America.

 The most senior parent entity producing publicly available financial statements is ZS Holdco LLC. These financial statements are available upon request from 6 Liberty Square, PMB 6040, Boston, Massachusetts, 02109, USA.