REGISTERED NUMBER: 15183720 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

FOR

NPS PRISM EUROPE LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

J E Hadley

Registered office:

40 Strand

London

WC2N 5RW

Registered number:

15183720 (England and Wales)

Auditors:

Grant Thornton UK LLP

Waterloo House

71 Princess Road West

Leicester

LE1 6TR

FIXED ASSETS

Tangible assets

4

92

-

CURRENT ASSETS

Debtors

5

202,645

100

Cash at bank

25,889

-

228,534

100

CREDITORS

Amounts falling due within one year

6

(118,593

)

-

NET CURRENT ASSETS

109,941

100

TOTAL ASSETS LESS CURRENT LIABILITIES

110,033

100

CAPITAL AND RESERVES

Called up share capital

90,106

100

Retained earnings

19,927

-

110,033

100

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 30 September 2025 and were signed by:

J E Hadley - Director

1.	STATUTORY INFORMATION

NPS Prism Europe 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.

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 wholly owned subsidiaries within the group.

Turnover

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

Turnover represents amounts charged to the Company's parent under a sales and marketing agreement, excluding value added tax. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Useful Life

Asset Class Class Life in months

Furniture, Fixture & Art 84

Building Improvements Lease term

Computer Software 60

Computer Hardware & Data Centers 30 and 48

Office Equipment 60

Copiers 60

Phone and IT Equipment 60

Automobiles 60

Low Value Assets 1-12

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.

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.

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 period was 5 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

Additions

1,082

At 31 December 2024

1,082

Depreciation

Charge for period

990

At 31 December 2024

990

Net book value

At 31 December 2024

92

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/3/24

£

£

Amounts owed by group undertakings

196,511

100

Other debtors

6,134

-

202,645

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/3/24

£

£

Trade creditors

8,797

-

Taxation and social security

20,572

-

Other creditors

89,224

-

118,593

-

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

The Report of the auditors was unqualified.

Phil Sayers BSc BFP FCA (Senior Statutory Auditor)

for and on behalf of Grant Thornton UK LLP

8.	ULTIMATE CONTROLLING PARTY

The immediate company is NPS Prism LLC and ultimate parent undertaking of the company is Bain & Company, Inc, a company incorporated in United States of America.