REGISTERED NUMBER: 10573294 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Camera Telematics (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E D K Mcnamee

REGISTERED OFFICE:

Consort House

42 Bone Lane

Newbury

Berkshire

RG14 5RD

REGISTERED NUMBER:

10573294 (England and Wales)

ACCOUNTANTS:

K H Accounting

12 Montgomery Road

Newbury

Berkshire

RG14 6HU

CURRENT ASSETS

Stocks

5

4,503

7,283

Debtors

6

221,391

221,598

Cash at bank

353

5,949

226,247

234,830

CREDITORS

Amounts falling due within one year

7

241,331

200,075

NET CURRENT (LIABILITIES)/ASSETS

(15,084

)

34,755

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,084

)

34,755

CREDITORS

Amounts falling due after more than one year

8

4,946

14,946

NET (LIABILITIES)/ASSETS

(20,030

)

19,809

CAPITAL AND RESERVES

Called up share capital

10

1,100

1,100

Retained earnings

(21,130

)

18,709

SHAREHOLDERS' FUNDS

(20,030

)

19,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 17 October 2025 and were signed by:

E D K Mcnamee - Director

1.	STATUTORY INFORMATION

Camera Telematics (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.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 February 2024

and 31 January 2025

773

DEPRECIATION

At 1 February 2024

and 31 January 2025

773

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.

STOCKS

31.1.25

31.1.24

£

£

Stocks

4,503

7,283

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

30,540

30,747

Amounts owed by group undertakings

188,871

188,871

Prepayments

1,980

1,980

221,391

221,598

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

206,013

180,577

Tax

-

717

Social security and other taxes

11,709

3,619

VAT

9,909

4,444

Other creditors

3,000

118

Accrued expenses

700

600

241,331

200,075

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans - 2-5 years

4,946

14,946

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.25

31.1.24

£

£

Within one year

1,950

4,566

Between one and five years

14,850

9,392

16,800

13,958

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

1,100

Ordinary

£1

1,100

1,100

11.	RELATED PARTY DISCLOSURES

Included in trade creditors is £177,598 (2024: £152,003), in trade debtors £16,878 (2024: £16,927) and in group undertaking £187,871 (2024: £187,871), these are balances with Camera Telematics Limited (incorporated in Ireland).

Included in trade creditors £23,774 (2024: £23,774) and £1000 (2024: £1000) in group undertakings owed by Parent Company Premblue Limited, a company incorporated in Ireland.

These transactions were made at arms length and are unsecured.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Premblue Limited (companyincorporated in Ireland).