For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Core Technology Systems (U.K.) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 9 Appold Street, London, EC2A 2AP.

The accounts have been prepared under the historical cost convention and in accordance with FRS102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover is recognised at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sales of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Intangible fixed assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulative impairment losses.

Interests in subsidiaries, associates and jointly controlled entities are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

The average monthly number of persons (including directors) employed by the company during the year was:

Software development has been written off in equal annual instalments over its estimated economic life of 3 years.

In March 2024 the Company acquired Velocity IT Limited, 2nd floor, 100 Avebury Blvd, Milton Keynes MK9 1FH.

The company is not required to produce consolidated accounts.

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date £2,923 (2023: £36,792) was due to the fund.

The company is controlled by Conor Callanan.

Core Technology Systems (U.K.) Limited is a private company limited by shares and incorporated in England.