BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activities of the company are that of software development, hardware sales, training and IT support contracts within the security industry. 27 November 2025 15 15 NI616376 2025-03-31 NI616376 2024-03-31 NI616376 2023-03-31 NI616376 2024-04-01 2025-03-31 NI616376 2023-04-01 2024-03-31 NI616376 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI616376 uk-curr:PoundSterling 2024-04-01 2025-03-31 NI616376 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI616376 uk-bus:FullAccounts 2024-04-01 2025-03-31 NI616376 uk-bus:Director1 2024-04-01 2025-03-31 NI616376 uk-bus:Director2 2024-04-01 2025-03-31 NI616376 uk-bus:Director3 2024-04-01 2025-03-31 NI616376 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 NI616376 uk-bus:Agent1 2024-04-01 2025-03-31 NI616376 uk-core:ShareCapital 2025-03-31 NI616376 uk-core:ShareCapital 2024-03-31 NI616376 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI616376 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI616376 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI616376 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI616376 uk-bus:FRS102 2024-04-01 2025-03-31 NI616376 uk-core:Buildings 2024-04-01 2025-03-31 NI616376 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 NI616376 uk-core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 NI616376 uk-core:CurrentFinancialInstruments 2025-03-31 NI616376 uk-core:CurrentFinancialInstruments 2024-03-31 NI616376 uk-core:WithinOneYear 2025-03-31 NI616376 uk-core:WithinOneYear 2024-03-31 NI616376 uk-core:AfterOneYear 2025-03-31 NI616376 uk-core:AfterOneYear 2024-03-31 NI616376 uk-core:WithinOneYear 2025-03-31 NI616376 uk-core:WithinOneYear 2024-03-31 NI616376 uk-core:BetweenTwoFiveYears 2025-03-31 NI616376 uk-core:BetweenTwoFiveYears 2024-03-31 NI616376 uk-core:OtherMiscellaneousReserve 2024-03-31 NI616376 uk-core:OtherMiscellaneousReserve 2024-04-01 2025-03-31 NI616376 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 NI616376 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-03-31 NI616376 uk-core:OtherDeferredTax 2025-03-31 NI616376 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-03-31 NI616376 uk-core:OtherMiscellaneousReserve 2025-03-31 NI616376 2024-04-01 2025-03-31 NI616376 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI616376

The Lava Group (NI) Limited

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 March 2025

The Lava Group (NI) Limited

DIRECTORS AND OTHER INFORMATION

Directors | Mr. Gareth Morrison
| Mr. Edward Hanna
| Mrs. Annette Murray
Company Registration Number | NI616376
Registered Office and Business Address | 17 Falcon Road
| Belfast
| BT12 6RD
Accountants | Muldoon
| Chartered Accountants
| 16 Mount Charles
| Belfast
| BT7 1NZ
Bankers | First Trust Bank
| 31-35 High Street
| Belfast
| BT1 2AA
| Co-operative Bank
| P O Box 250
| Skelmerdale
| BT1 5UB
Solicitors | Mills Selig
| 21 Arthur Street
| Belfast
| BT1 4GA

The Lava Group (NI) Limited

DIRECTORS' REPORT

for the financial year ended 31 March 2025

The directors present their report and the unaudited financial statements for the financial year ended 31 March 2025.

Principal Activity

The principal activities of the company are that of software development, hardware sales, training and IT support contracts within the security industry.

Results and Dividends

The (loss)/profit for the financial year after providing for depreciation and taxation amounted to £(7,684) (2024 - £136,639).

Directors

The directors who served during the financial year are as follows:

Mr. Gareth Morrison

Mr. Edward Hanna

Mrs. Annette Murray

Statement of Directors' Responsibilities

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 United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). 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 and apply them consistently;
- | make judgements 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 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.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr. Gareth Morrison

Director

27 November 2025

The Lava Group (NI) Limited

Company Registration Number: NI616376

BALANCE SHEET

as at 31 March 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 14,059 |  | 17,168
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  | 5 | 407,198 |  | 547,463
Cash and cash equivalents |  |  | 146,266 |  | 180,170
|  |  | ───────── |  | ─────────
|  |  | 553,464 |  | 727,633
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 6 | (77,054) |  | (113,598)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 476,410 |  | 614,035
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 490,469 |  | 631,203
Creditors:

amounts falling due after more than one year |  | 7 | (1,498) |  | (11,702)
Provisions for liabilities |  | 9 | (3,003) |  | (4,293)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 485,968 |  | 615,208
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 3 |  | 3
Retained earnings |  |  | 485,965 |  | 615,205
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 485,968 |  | 615,208
|  |  | ═════════ |  | ═════════
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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 27 November 2025 and signed on its behalf by

________________________________ |  |  |  |  |
Mr. Gareth Morrison |  |  |  |  |
Director |  |  |  |  |

The Lava Group (NI) Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

1. | General Information
| The Lava Group (NI) Limited is a private company limited by shares incorporated in Northern Ireland. 17 Falcon Road, Belfast, BT12 6RD is the registered office, which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report.. The company registration number is NI616376. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax. When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Short leasehold property | - | 10% Straight line
|  | Fixtures, fittings and equipment | - | 25% Reducing Balance
|  | Office Equipment | - | 33.33% Straight Line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Employee benefits
| 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. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
| Pensions
| The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. Annual contributions payable to the company's pension scheme are charged to the Profit and Loss Account in the period to which they relate.
| Research and development
| Research expenditure is written off to the Profit and Loss Account in the year in which it is incurred.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
|  | 2025 | 2024
|  | Number | Number
| Average number of employees | 15 | 15
|  | ═════════ | ═════════

4. | Tangible assets
|  | Short | Fixtures, | Office Equipment | Total
|  | leasehold | fittings and |  |
|  | property | equipment |  |
|  | £ | £ | £ | £
| Cost
| At 1 April 2024 | 22,665 | 12,764 | 71,475 | 106,904
| Additions | - | 3,745 | 2,417 | 6,162
|  | ───────── | ───────── | ───────── | ─────────
| At 31 March 2025 | 22,665 | 16,509 | 73,892 | 113,066
|  | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 April 2024 | 19,846 | 11,016 | 58,874 | 89,736
| Charge for the financial year | 1,523 | 1,217 | 6,531 | 9,271
|  | ───────── | ───────── | ───────── | ─────────
| At 31 March 2025 | 21,369 | 12,233 | 65,405 | 99,007
|  | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 31 March 2025 | 1,296 | 4,276 | 8,487 | 14,059
|  | ═════════ | ═════════ | ═════════ | ═════════
| At 31 March 2024 | 2,819 | 1,748 | 12,601 | 17,168
|  | ═════════ | ═════════ | ═════════ | ═════════

5. | Debtors | 2025 | 2024
|  | £ | £
| Trade debtors | 397,658 | 540,642
| Taxation (Note 8) | 6,343 | -
| Prepayments and accrued income | 3,197 | 6,821
|  | ───────── | ─────────
|  | 407,198 | 547,463
|  | ═════════ | ═════════

6. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank Loan | 10,648 | 10,648
| Trade creditors | 18,823 | 13,994
| Taxation (Note 8) | 30,710 | 68,827
| Credit card | 4,539 | 8,895
| Accruals:
| Pension accrual | 2,046 | 2,185
| Other accruals | 10,288 | 9,049
|  | ───────── | ─────────
|  | 77,054 | 113,598
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loan | 1,498 | 11,702
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 6) | 10,648 | 10,648
| Repayable between two and five years | 1,498 | 11,702
|  | ───────── | ─────────
|  | 12,146 | 22,350
|  | ═════════ | ═════════

8. | Taxation | 2025 | 2024
|  | £ | £
| Debtors:
| Corporation tax | 6,343 | -
|  | ═════════ | ═════════
| Creditors:
| VAT | 15,066 | 36,483
| Corporation tax | - | 15,934
| PAYE / NI | 15,644 | 16,410
|  | ───────── | ─────────
|  | 30,710 | 68,827
|  | ═════════ | ═════════

9. | Provisions for liabilities
| The amounts provided for deferred taxation are analysed below:
|  | Capital | Total | Total
|  | allowances |  |
|  |  | 2025 | 2024
|  | £ | £ | £
| At financial year start | 4,293 | 4,293 | 3,056
| Charged to profit and loss | (1,290) | (1,290) | 1,237
|  | ───────── | ───────── | ─────────
| At financial year end | 3,003 | 3,003 | 4,293
|  | ═════════ | ═════════ | ═════════

10. | Pension costs - defined contribution
| 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. Pension costs amounted to £11,048 (2024 - £12,250).

11. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial year-end.