REGISTERED NUMBER: 03221489 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Computime Systems (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Pearson-Walker

Mr N S Pearson

REGISTERED OFFICE:

Unit 4 Woodside Mews

Clayton Wood Close

Leeds

West Yorkshire

LS16 6QE

REGISTERED NUMBER:

03221489 (England and Wales)

ACCOUNTANTS:

Northern Tonic Ltd

14 Clifton Moor

Business Village

James Nicolson Link

York

YO30 4XG

FIXED ASSETS

Intangible assets

4

177,361

202,541

Tangible assets

5

1,182

2,351

178,543

204,892

CURRENT ASSETS

Stocks

6

10,080

8,464

Debtors

7

360,567

288,678

Cash at bank

1,354

4,208

372,001

301,350

CREDITORS

Amounts falling due within one year

8

122,058

132,751

NET CURRENT ASSETS

249,943

168,599

TOTAL ASSETS LESS CURRENT LIABILITIES

428,486

373,491

CREDITORS

Amounts falling due after more than one year

9

(49,463

)

(5,895

)

PROVISIONS FOR LIABILITIES

10

(69

)

(251

)

NET ASSETS

378,954

367,345

CAPITAL AND RESERVES

Called up share capital

15,000

15,000

Share premium

80,000

80,000

Retained earnings

283,954

272,345

378,954

367,345

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by:

Mr A J Pearson-Walker - Director

1.	STATUTORY INFORMATION

Computime Systems (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.

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 £.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover and revenue recognition

Turnover comprises the fair value of the consideration receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns and discounts.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the company.

Intangible assets

Development costs are amortised over the expected sales life of the product.

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 etc

-

25% 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 Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Developmt

costs

£

COST

At 1 November 2024

664,623

Additions

49,586

At 31 October 2025

714,209

AMORTISATION

At 1 November 2024

462,082

Amortisation for year

74,766

At 31 October 2025

536,848

NET BOOK VALUE

At 31 October 2025

177,361

At 31 October 2024

202,541

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 November 2024

and 31 October 2025

21,439

DEPRECIATION

At 1 November 2024

19,088

Charge for year

1,169

At 31 October 2025

20,257

NET BOOK VALUE

At 31 October 2025

1,182

At 31 October 2024

2,351

6.

STOCKS

31.10.25

31.10.24

£

£

Stocks

10,080

8,464

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

8,177

13,871

Other debtors

348,597

269,757

Prepayments

3,793

5,050

360,567

288,678

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

27,832

32,464

Trade creditors

9,278

7,735

Trade debtor pmts on account

11,153

14,509

Tax

3,615

17,800

Social security and other taxes

6,098

6,097

VAT

35,949

32,314

Other creditors

114

-

Pension contributions unpaid

1,093

1,281

Directors' current accounts

17,056

12,407

Accruals and deferred income

9,870

8,144

122,058

132,751

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans - 1-2 years

10,514

5,895

Bank loans - 2-5 years

38,949

-

49,463

5,895

10.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

69

251

Deferred

tax

£

Balance at 1 November 2024

251

Provided during year

(182

)

Balance at 31 October 2025

69

11.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £2,000 (2024 - £2,000).

12.	ULTIMATE CONTROLLING PARTY

The immediate parent company is Computime Holdings Ltd, a company registered in England and

Wales.

The ultimate controlling parties are Mr A Pearson Walker and Mr N Pearson by virtue of their shares in Computime Holdings Ltd.