Registration number: SC215320

Cambric Systems Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Cambric Systems Limited

Company Information

Directors

A Shams G Sherriff Z Olczak

Company secretary

G Sherriff

Registered office

Unit 26, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

Accountants

M&S Accountancy and Taxation Limited Unit 26, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

Cambric Systems Limited

(Registration number: SC215320)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	7,559	9,645
Current assets
Debtors	5	3,619,642	2,790,208
Cash at bank and in hand		263,273	458,964
		3,882,915	3,249,172
Creditors: Amounts falling due within one year	6	(1,436,309)	(1,329,206)
Net current assets		2,446,606	1,919,966
Total assets less current liabilities		2,454,165	1,929,611
Provisions for liabilities		(1,223)	(1,573)
Net assets		2,452,942	1,928,038
Capital and reserves
Called up share capital	7	60	60
Capital redemption reserve		60	60
Retained earnings		2,452,822	1,927,918
Shareholders' funds		2,452,942	1,928,038

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 December 2025 and signed on its behalf by:
 

......................................... G Sherriff Company secretary and director

Cambric Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Unit 26, Dunfermline Business Centre
Izatt Avenue
Dunfermline
Fife
KY11 3BZ

These financial statements were authorised for issue by the Board on 9 December 2025.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of VAT and trade discounts. Turnover is recognised on the accruals basis.

Tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Cambric Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment.

Depreciation

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Asset class	Depreciation method and rate
Fixtures and Fittings	25% Straight Line
Office Equipment	25% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past
event which it is more probable than not will result in an outflow of economic benefits that can be
reasonably estimated.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 15 (2024 - 15).

Cambric Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	4,342	17,915	22,257
Additions	-	4,292	4,292
Disposals	(1,035)	-	(1,035)
At 31 March 2025	3,307	22,207	25,514
Depreciation
At 1 April 2024	2,947	9,665	12,612
Charge for the year	826	5,552	6,378
Eliminated on disposal	(1,035)	-	(1,035)
At 31 March 2025	2,738	15,217	17,955
Carrying amount
At 31 March 2025	569	6,990	7,559
At 31 March 2024	1,395	8,250	9,645

5

Debtors

Current	2025 £	2024 £
Trade debtors	606,051	550,510
Prepayments	8,591	9,689
Other debtors	3,005,000	2,230,009
	3,619,642	2,790,208

Cambric Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	40,107	18,480
Taxation and social security	378,989	223,343
Accruals and deferred income	1,005,638	1,078,331
Other creditors	11,575	9,052
	1,436,309	1,329,206

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	50	50	50	50
Ordinary D shares of £1 each	10	10	10	10
	60	60	60	60

8	Related party transactions

At the balance sheet date entities with control, joint control or significant influence over the company were due the company £3,005,000 (2024 - £2,230,000).

The loan is interest free and is repayable on demand.

9	Parent and ultimate parent undertaking

The company's ultimate parent is Abingdon Software Group Limited, incorporated in England and Wales.