Business Computer Projects Limited

	Page
Strategic Report	1
Directors' Report	2—3
Independent Auditor's Report	4—6
Statement of Income and Retained Earnings	7
Balance Sheet	8
Cash Flow Statement	9
Notes to the Cash Flow Statement	10
Notes to the Financial Statements	11—16

The directors present their strategic report for the year ended 30 September 2024.

Review of the Business

We have further refined our long-term strategy during 2023/24, utilizing our continued success in Supply Chain Management, B2B e-commerce and Retail Systems, thus enabling our customers to operate as truly Omnichannel businesses. Our focus continues to remain principally in the food and drink and other similar related sectors.

We continue to enhance Accord Connect as a key plank for an open system architecture and expanded our ecommerce offering with enhanced promotions and personalisation features to support more complex customer journeys. Considerable investment has been undertaken to build further on our capabilities and presence in the Azure and Amazon Web services space. This investment extends the capabilities for enterprises to use our full product suite on-premise, in the cloud or via our hybrid infrastructure.

Additionally, I am pleased to report that we have been able to continue our investment in R&D, adding both Accord functionality and new cutting-edge AI and Agentic capabilities.

With innovative products and services we manged to increase turnover by around 30% to £8.2m (2022/23 £6.3m) and increase pre-tax profits by 110% to £4.8m

Strong positive cash flows increased the strength of our balance sheet with zero gearing and high current and liquidity ratios.

With the management controls we have in place and the support from our loyal staff, I am confident that our established long term reinvestment policy and sector focus will allow us to continue to trade securely and grow successfully into an uncertain economic environment.

Principal Risks and Uncertainties

The directors have considered the principal risks and uncertainties facing the company. As a UK-based software and services business primarily serving the food and beverage sector, the company is exposed to general economic conditions and fluctuations in customer demand within that industry. Key risks include maintaining the performance, reliability and security of our IT systems, retaining skilled technical staff in a competitive market, and responding effectively to rapid technological change. The directors also recognise both the opportunities and challenges presented by recent developments in artificial intelligence, which have the potential to transform our markets and our service offerings. The company actively monitors these developments and invests heavily in R&D to ensure it remains competitive and compliant with emerging standards and regulations. Regular reviews of financial performance, operational controls, and customer relationships are undertaken to identify and mitigate risks as they arise.

On behalf of the board

Mr Peter Shield

Director

27 October 2025

Page 1

Page 2

Business Computer Projects Limited

Company No. 01813992

Directors' Report For The Year Ended 30 September 2024

Directors' Report

The directors present their report and the financial statements for the year ended 30 September 2024.

Principal Activity

The company's principal activity continues to be that of the design and installation of computer software and hardware.

Directors

The directors who held office during the year were as follows:

Mr Richard Marshall

Miss Zoe Halstead

Mr Peter Shield

Matters covered in the Strategic Report

Disclosures required under s416(4) of the Companies Act 2006 are commented upon in the Strategic Report as the directors consider them to be of strategic importance to the business.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, 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 United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). 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 the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
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 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.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Page 2

Page 3

Business Computer Projects Limited

Directors' Report (continued)

For The Year Ended 30 September 2024

Independent Auditors

The auditors, Bennett Verby Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr Peter Shield

Director

27 October 2025

Page 3

Page 4

Independent Auditor's Report

to the Members of

Business Computer Projects Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Business Computer Projects Limited for the year ended 30 September 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet, Cash Flow Statement 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 (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 30 September 2024 and of its profit/(loss) for the year 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 Auditor's 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 UK, including the FRC'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 entity's ability to continue as a going concern for a period of at least 12 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.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's 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. In connection with our audit of the financial statements, 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 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.

Opinions 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 Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

Page 4

Page 5

Independent Auditor's Report (continued)

to the Members of

Business Computer Projects Limited

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 Strategic Report or 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 or 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.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 2—3, 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.

Auditor's 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 auditor's 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 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 engagement partner 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 floor cleaning machines sector;

- we focussed 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 the Companies Act 2006, taxation legislation, data

protection, anti-bribery, employment, environmental and health and safety legislation;

- 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 whether they considered there was susceptibility to fraud, their knowledge

of actual, suspected and alleged fraud;

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify and unusual or unexpected relationships;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of

potential bias;

- investigated the rationale behind significant or 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;

- reviewing correspondence with HMRC, relevant regulators and the company's legal advisors.

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 www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Page 5

Page 6

Independent Auditor's Report (continued)

to the Members of

Business Computer Projects Limited

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 that we are required to state to them in an auditor's 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.

Bernard Verby (Senior Statutory Auditor)

for and on behalf of Bennett Verby Limited , Statutory Auditor

27 October 2025

Bennett Verby Limited

Chartered Certified Accountants

7 St Petersgate

Stockport

Cheshire

SK1 1EB

Page 6

Page 7

Business Computer Projects Limited

Statement of Income and Retained Earnings

For The Year Ended 30 September 2024

Statement of Income and Retained Earnings

		2024	2023
	Notes	£	£
TURNOVER	3	8,185,048	6,274,371
Cost of sales		(3,165,037 )	(2,086,082 )

GROSS PROFIT		5,020,011	4,188,289

Administrative expenses		(997,218 )	(2,100,969 )

OPERATING PROFIT	4	4,022,793	2,087,320
Profit on disposal of fixed assets		-	3,725
Other interest receivable and similar income	9	795,080	192,766
Interest payable and similar charges	10	(17,719 )	-

PROFIT BEFORE TAXATION		4,800,154	2,283,811
Tax on Profit	11	(1,194,857 )	(593,624 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		3,605,297	1,690,187
RETAINED EARNINGS
As at 1 October 2023		13,912,349	12,222,162
As at 30 September 2024		17,517,646	13,912,349

The notes on pages 10 to 16 form part of these financial statements.

Page 7

Page 8

Business Computer Projects Limited

Balance Sheet

As At 30 September 2024

Balance Sheet

Registered number: 01813992

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	12		193,956		212,145

			193,956		212,145
CURRENT ASSETS
Debtors	13	2,268,682		979,274
Cash at bank and in hand		19,761,845		15,686,211

		22,030,527		16,665,485
Creditors: Amounts Falling Due Within One Year	14	(4,607,109 )		(2,865,553 )

NET CURRENT ASSETS (LIABILITIES)			17,423,418		13,799,932

TOTAL ASSETS LESS CURRENT LIABILITIES			17,617,374		14,012,077

NET ASSETS			17,617,374		14,012,077

CAPITAL AND RESERVES
Called up share capital	15		3,894		3,894
Share premium account			92,093		92,093
Capital redemption reserve			3,741		3,741
Profit and Loss Account			17,517,646		13,912,349

SHAREHOLDERS' FUNDS			17,617,374		14,012,077

On behalf of the board

Mr Peter Shield

Director

27 October 2025

The notes on pages 10 to 16 form part of these financial statements.

Page 8

Page 9

Business Computer Projects Limited

Cash Flow Statement

For The Year Ended 30 September 2024

Cash Flow Statement

		2024	2023
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	3,368,809	2,322,990
Interest paid		(17,719 )	-
Tax paid		(564,536 )	-

Net cash generated from operating activities		2,786,554	2,322,990

Cash flows from investing activities
Purchase of tangible assets		-	(44,740 )
Proceeds from disposal of tangible assets		-	3,725
Interest received		795,080	192,766

Net cash generated from investing activities		795,080	151,751

Cash flows from financing activities
Amount introduced by directors		494,000	-



Increase in cash and cash equivalents		4,075,634	2,474,741
Cash and cash equivalents at beginning of year	2	15,686,211	13,211,470

Cash and cash equivalents at end of year	2	19,761,845	15,686,211

Page 9

Page 10

Business Computer Projects Limited

Notes to the Cash Flow Statement

For The Year Ended 30 September 2024

Notes to the Cash Flow Statement

1. Reconciliation of profit for the financial year to cash generated from operations

	2024	2023
	£	£
Profit for the financial year	3,605,297	1,690,187
Adjustments for:
Tax on profit	1,194,857	593,624
Interest expense	17,719	-
Interest income	(795,080 )	(192,766 )
Depreciation of tangible assets	18,189	8,697
Profit on disposal of tangible assets	-	(3,725)
Movements in working capital:
Increase in trade and other debtors	(1,289,408 )	(67,876 )
Increase in trade and other creditors	617,235	294,849

Net cash generated from operations	3,368,809	2,322,990

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2024	2023
	£	£
Cash at bank and in hand	19,761,845	15,686,211

3. Analysis of changes in net funds

	As at 1 October 2023	Cash flows	As at 30 September 2024
	£	£	£
Cash at bank and in hand	15,686,211	4,075,634	19,761,845

Page 10

Page 11

Business Computer Projects Limited

Notes to the Financial Statements

For The Year Ended 30 September 2024

Notes to the Financial Statements

1. General Information

Business Computer Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01813992 . The registered office is Bcp House, 151 Charles Street, Stockport, Cheshire, SK1 3JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

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 financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and othe

factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future

periods.

2.4. Turnover

Turnover is measured 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Straight line over fifty years
Motor Vehicles	25% straight line
Fixtures & Fittings	20% - 33.3% straight line

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

Page 11

Page 12

Business Computer Projects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

2.7. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.9. Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock of fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.10. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.11. Research and development expenditure

Research expenditure is written off against profits in the year in whch it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasablity can be demonstrated.

3. Turnover

Analysis of turnover by class of business is as follows:

	2024	2023
	£	£
Rendering of services	8,185,048	6,274,371

Analysis of turnover by geographical market is as follows:

Page 12

Page 13

Business Computer Projects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

	2024	2023
	£	£
United Kingdom	2,873,962	3,331,718
Europe	5,182,034	2,824,947
Rest of the world	129,052	117,706

	8,185,048	6,274,371

4. Operating Profit

The operating profit is stated after charging:

	2024	2023
	£	£
Bad debts	(369)	6,744
Exchange differences	(2,994 )	(4,371 )
Depreciation of tangible fixed assets	18,189	8,697

5. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2024	2023
	£	£
Audit Services
Audit of the company's financial statements	8,500	8,500

6. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2024	2023
	£	£
Wages and salaries	2,643,931	2,709,590
Social security costs	285,047	288,262
Other pension costs	111,427	117,385

	3,040,405	3,115,237

7. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2024	2023
Central services	6	6
Business unit	52	55

	58	61

Page 13

Page 14

Business Computer Projects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

8. Directors' remuneration

	2024	2023
	£	£
Emoluments	227,386	244,110
Company contributions to money purchase pension schemes	6,587	6,363

	233,973	250,473

Information regarding the highest paid director was as follows:

	2024	2023
	£	£
Emoluments	130,218	122,166
Company contributions to money purchase pension schemes	3,695	3,340

	133,913	125,506

The number of directors for whom retirement benefits are accruing under defined contribution schemes amounted to 2 (2023 - 2).

9. Interest Receivable and Similar Income

	2024	2023
	£	£
Bank interest receivable	795,080	192,766

10. Interest Payable and Similar Charges

	2024	2023
	£	£
Late payment tax charges	17,719	-

11. Tax on Profit

	Tax Rate		2024	2023
The tax charge on the profit for the year was as follows:
	2024	2023	£	£
Current tax
UK Corporation Tax	25.0%	22.0%	1,204,940	503,720
Prior period adjustment			(10,083 )	88,255

			1,194,857	591,975
Deferred Tax
Deferred taxation			-	1,649


Total tax charge for the period			1,194,857	593,624


The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:

...CONTINUED

Page 14

Page 15

Business Computer Projects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

	2024	2023
	£	£
Profit before tax	4,800,154	2,283,811

Tax on profit at 25% (UK standard rate)	1,200,038	502,667
Goodwill/depreciation not allowed for tax	4,547	1,053
Capital allowances	(220 )	-
Short term timing differences	575	-
Prior period adjustment	(10,083 )	88,255

Total tax charge for the period	1,194,857	591,975

12. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 October 2023	341,604	72,205	376,117	789,926

As at 30 September 2024	341,604	72,205	376,117	789,926

Depreciation
As at 1 October 2023	172,335	29,329	376,117	577,781
Provided during the period	7,004	11,185	-	18,189

As at 30 September 2024	179,339	40,514	376,117	595,970

Net Book Value
As at 30 September 2024	162,265	31,691	-	193,956

As at 1 October 2023	169,269	42,876	-	212,145

13. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	1,098,946	843,102
Amounts recoverable on contracts	13,836	53,184
Other debtors	1,155,900	82,988

	2,268,682	979,274

14. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	71,756	75,414
Other creditors	502,822	5,239
Corporation tax	1,222,296	591,975
Taxation and social security	198,314	211,669
Accruals and deferred income	2,611,921	1,981,256

	4,607,109	2,865,553

Page 15

Page 16

Business Computer Projects Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

15. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
3,894 Ordinary Shares of £ 1.00 each	3,894	3,894

The company has one class of orinary shares which carry no right to fixed income.

16. Pension Commitments

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.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £111,427 (2023: £117,385).

At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

17. Related Party Disclosures

During the year the company entered into the following transactions with UCC Systems Management Limited, a company of which Peter Shield is a director:

- management fees of £64,567 (2023 £65,116) were charged during the year;

- the outstandung amount as at 30 September 2024 was £31,733 (2023 £31,733) and is included within trade creditors and accruals.

These fees are not included within details of directors remuneration.

Creditors falling due within one year include a loan of £494,000 (2023 nil) from P Shield, director. This loan is interest free and repayable on demand.

Page 16