ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 January 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Registered number: SC354270

DATUM360 LIMITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

DATUM360 LIMITED

COMPANY INFORMATION

Directors	D Mitchell (resigned 21 June 2024)
	S R Wilson (resigned 21 June 2024)
	J Michael (resigned 21 June 2024)
	R S Smith (resigned 21 June 2024)
	E M Kwong (appointed 21 June 2024)
	D C Holzer (appointed 21 June 2024)
	R D Fones (appointed 21 June 2024)


Company secretary	R D Fones


Registered number	SC354270


Registered office	C/O Brodies LLP Capital Square
	58 Morrison Street
	Edinburgh
	EH3 8BP


Trading Address	Fusion Hive
	North Shore Road
	Stockton-on-Tees
	TS18 2NB



Independent auditors	Ryecroft Glenton
	Chartered Accountants & Statutory Auditors
	32 Portland Terrace
	Newcastle upon Tyne
	Tyne and Wear
	NE2 1QP

DATUM360 LIMITED

CONTENTS

	Page
Directors' Report	1 - 2
Independent Auditors' Report	3 - 6
Statement of Income and Retained Earnings	7
Balance Sheet	8
Notes to the Financial Statements	9 - 16

DATUM360 LIMITED

DIRECTORS' REPORT

FOR THE PERIOD ENDED 31 JANUARY 2025

The directors present their report and the financial statements for the period ended 31 January 2025.

Directors

The directors who served during the period were:

D Mitchell (resigned 21 June 2024)

S R Wilson (resigned 21 June 2024)

J Michael (resigned 21 June 2024)

R S Smith (resigned 21 June 2024)

E M Kwong (appointed 21 June 2024)

D C Holzer (appointed 21 June 2024)

R D Fones (appointed 21 June 2024)

Directors' responsibilities statement

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Page 1

DATUM360 LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE PERIOD ENDED 31 JANUARY 2025

Auditors

The auditors, Ryecroft Glenton, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 7 October 2025 and signed on its behalf.

................................................

D C Holzer

Director

Page 2

DATUM360 LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DATUM360 LIMITED

Opinion

We have audited the financial statements of Datum360 Limited (the 'Company') for the period ended 31 January 2025, which comprise the Statement of Income and Retained Earnings, the Balance Sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Company's affairs as at 31 January 2025 and of its loss for the period then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 3

DATUM360 LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DATUM360 LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Directors' Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and

∙the Directors' Report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit; or

∙the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' Report and from the requirement to prepare a Strategic Report.

Page 4

DATUM360 LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DATUM360 LIMITED (CONTINUED)

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page 1, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which the audit was considered capable of detecting irregularities including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:
• the responsible individual ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
• we identified the laws and regulations applicable to the company through discussions with directors and
other management, and from our commercial knowledge and experience of the sector;
• we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including Companies Act 2006, taxation legislation, data protection, anti-bribery and employment legislation;
• we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence where available; and
• identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
• making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
• considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

Page 5

DATUM360 LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF DATUM360 LIMITED (CONTINUED)

To address the risk of fraud through management bias and override of controls, we:
• performed analytical procedures to identify any unusual or unexpected relationships; and
• tested journal entries to identify unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
• agreeing financial statement disclosures to underlying supporting documentation;
• reading the minutes of meetings of those charged with governance;
• enquiring of management as to actual and potential litigation and claims; and
• reviewing correspondence with HMRC, relevant regulators and the company’s legal advisors provided to
us.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing Standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Jon Routledge (Senior Statutory Auditor)

for and on behalf of

Ryecroft Glenton

Chartered Accountants

Statutory Auditors

32 Portland Terrace

Newcastle upon Tyne

Tyne and Wear

NE2 1QP

13 October 2025

Page 6

DATUM360 LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE PERIOD ENDED 31 JANUARY 2025

	2025	2024
Note	£	£


Turnover	1,856,028	2,977,692
Cost of sales	(3,095,473)	(870,882)
Gross (loss)/profit	(1,239,445)	2,106,810
Administrative expenses	(828,277)	(1,886,638)
Operating (loss)/profit	(2,067,722)	220,172
Interest receivable and similar income	19,282	30,733
Interest payable and similar expenses	(2,245)	(53,863)
(Loss)/profit before tax	(2,050,685)	197,042
Tax on (loss)/profit	(29)	-
(Loss)/profit after tax	(2,050,714)	197,042



Retained earnings at the beginning of the period	746,790	549,748
	746,790	549,748
(Loss)/profit for the period	(2,050,714)	197,042
Retained earnings at the end of the period	(1,303,924)	746,790

The notes on pages 9 to 16 form part of these financial statements.

Page 7

DATUM360 LIMITED

REGISTERED NUMBER: SC354270

BALANCE SHEET

AS AT 31 JANUARY 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		9,770		18,478
Investments	5		556		556
			10,326		19,034
Current assets
Debtors: amounts falling due within one year	6	1,981,736		1,419,440
Cash at bank and in hand	7	1,101,268		1,815,486
		3,083,004		3,234,926
Creditors: amounts falling due within one year	8	(4,076,159)		(1,866,763)
Net current (liabilities)/assets			(993,155)		1,368,163
Total assets less current liabilities			(982,829)		1,387,197
Creditors: amounts falling due after more than one year	9		-		(319,313)

Net (liabilities)/assets			(982,829)		1,067,884

Capital and reserves
Called up share capital	776	776
Share premium account	320,267	320,266
Capital redemption reserve	52	52
Profit and loss account	(1,303,924)	746,790
	(982,829)	1,067,884

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 October 2025.

D C Holzer

Director

The notes on pages 9 to 16 form part of these financial statements.

Page 8

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

1.	General information

Datum360 Limited is a private company limited by shares incorporated in Scotland, company number SC354270. The registered office is C/O Brodies LLP Capital Square, 58 Morrison Street, Edinburgh, EH3 8BP.
The financial year end has been changed from 31 March to 31 January. The reporting period covers the 10 months to 31 January 2025, therefore the comparatives are not entirely comparable.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption from preparing consolidated accounts.

2.3

Going concern

The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons.

At the period end the company had £1,101k (2024: £1,815k) of cash reserves, net current liabilities of £993k (2024: £1,368k assets) and net liabilities of £983k (2024: £1,068 assets). Autodesk Inc, the ultimate parent entity from 21 June 2024, has confirmed it will support the Company should it be needed, for a period covering 12 months from the date of approval of the financial statements.
Consequently, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.

Page 9

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

2.5

Revenue

Turnover from the rendering of services represents the value of services provided under licences and contracts. Where the company provides ongoing services under licences or contracts such as the SaaS licence, revenue is spread evenly over the term of the licence or contract. Turnover from consultancy and implementation represents the value of services provided and is recognised on delivery of the services.

2.6

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.7

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Page 10

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.9

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.11

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

2.12

Tangible fixed assets

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

Page 11

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.12

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

33%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.13

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.14

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.15

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.16

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 12

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

3.	Employees
		10 month period ended 31 January 2025	Year ended 31 March 2024
		£	£

Wages and salaries	373,287	1,388,960
Social security costs	131,756	348,858
Cost of defined contribution scheme	11,512	40,597
	516,555	1,778,415

	Following the acquisition of the Datum360 group by Autodesk Inc. on 21 June 2024, the Company's employees transferred to a fellow group company.
	The average monthly number of employees, including directors, during the period was 6 (2024 - 21).

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 April 2024	111,111
	Disposals	(3,392)
	At 31 January 2025	107,719
	Depreciation
	At 1 April 2024	92,633
	Charge for the period on owned assets	8,708
	Disposals	(3,392)
	At 31 January 2025	97,949
	Net book value
	At 31 January 2025	9,770
	At 31 March 2024	18,478

Page 13

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

5.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	At 1 April 2024	1,722
	At 31 January 2025	1,722
	Impairment
	At 1 April 2024	1,166
	At 31 January 2025	1,166
	Net book value
	At 31 January 2025	556
	At 31 March 2024	556

Debtors

					2025	2024
					£	£


Trade debtors	290,268	378,536
Amounts owed by group undertakings	1,275,617	840,559
Other debtors	398,414	7,026
Prepayments and accrued income	17,437	193,319
	1,981,736	1,419,440

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	1,101,268	1,815,486
	1,101,268	1,815,486

Page 14

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,984	57,167
Amounts owed to group undertakings	2,951,898	15,150
Other taxation and social security	-	57,950
Accruals and deferred income	1,122,277	1,736,496
	4,076,159	1,866,763

9.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Amounts owed to group undertakings	-	319,313
	-	319,313

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £11,513 (2024: £40,598) . Contributions totalling £nil (2024: £4,466) were payable to the fund at the balance sheet date and are included in creditors.

Not later than 1 year	-	22,829
Later than 1 year and not later than 5 years	-	23,524
	-	46,353

Page 15

DATUM360 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

12.	Related party transactions
	The company is a member of a group headed by Autodesk Inc. Transactions with wholly owned group undertakings are not disclosed as the company has taken advantage of the exemption available under FRS 102 on the grounds that all group companies are 100% owned.

13.	Controlling party

The company's immediate parent is Datum360 Holdco Limited, a company registered in England and Wales.
On 21 June 2024 the group of which the company is a member was acquired by Autodesk Inc, a corporation registered in the United States of America.
In the opinion of the directors, at the period end date, the ultimate parent company and ultimate controlling party is Autodesk Inc.

Page 16