REGISTERED NUMBER: 10747578 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WRITER INFORMATION UK PRIVATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Dayle De Souza

REGISTERED OFFICE:

Magma House, 16 Davy Court

Castle Mound Way

Rugby

CV230UZ

REGISTERED NUMBER:

10747578 (England and Wales)

AUDITORS:

Magma Audit LLP

16 Davy Court

Castle Mound Way

Rugby, CV23 0UZ

Magma Audit LLP is part

Of the Dains Group

FIXED ASSETS

Investments

4

221,815

306,487

CURRENT ASSETS

Debtors: amounts falling due within one year

5

141,247

31,349

Debtors: amounts falling due after more than one year

5

387,027

79,208

Cash at bank

174,381

1,775

702,655

112,332

CREDITORS

Amounts falling due within one year

6

(59,686

)

(19,904

)

NET CURRENT ASSETS

642,969

92,428

TOTAL ASSETS LESS CURRENT LIABILITIES

864,784

398,915

CREDITORS

Amounts falling due after more than one year

7

(681,167

)

(102,970

)

NET ASSETS

183,617

295,945

CAPITAL AND RESERVES

Called up share capital

613,848

613,848

Retained earnings

(430,231

)

(317,903

)

183,617

295,945

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2025 and were signed by:

Mr Dayle De Souza - Director

1.	STATUTORY INFORMATION

Writer Information UK Private Limited is a limited company, registered in England and Wales. Its registered office address is Magma House, 16 Davy Court, Castle Mound Way, Rugby, United Kingdom, CV23 0UZ and the registered number is 10747578.

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 presentational currency of the financial statements is Pound Sterling (£) and figures are rounded to the nearest £1.

Going concern

The director has prepared the financial statements on a going concern basis. The director considers the company to have sufficient resources and support to meet its liabilities as they fall due for at least 12 months from the signing of these financial statements and have therefore prepared the financial statements on a going concern basis. Further to this, the parent company, Writer Business Services Private Limited, has the ability and the intention to continue supporting the company's operating activities for at least 12 months from the date of approval.

Preparation of consolidated financial statements

The financial statements contain information about Writer Information UK Private Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investment in the subsidiary company is held at cost less accumulated impairment losses.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Exchange differences are taken into account in arriving at the operating result.

Interest receivable and interest payable

Interest receivable is recognised when it falls due and recognised in the profit and loss account. Other similar income includes net foreign exchange income.

Interest payable and similar charges include net foreign exchange losses that are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2024

and 31 March 2025

555,272

PROVISIONS

At 1 April 2024

248,785

Provision for year

84,672

At 31 March 2025

333,457

NET BOOK VALUE

At 31 March 2025

221,815

At 31 March 2024

306,487

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Intellics Solutions Nigeria Limited

Registered office: Office No.5, Yinka -Oba Industrial Estate, Surulere Industrial Road, Off Adeniyi Jones, Ikeja, Lagos, Nigeria

Nature of business: Service Company

%

Class of shares:

holding

Ordinary

99.99

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

140,414

31,191

Other debtors

833

158

141,247

31,349

Amounts falling due after more than one year:

Amounts owed by group undertakings

387,027

79,208

Aggregate amounts

528,274

110,557

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

435

782

Amounts owed to group undertakings

48,737

10,400

Other creditors

10,514

8,722

59,686

19,904

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

681,167

102,970

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ryan Parkin (Senior Statutory Auditor)

for and on behalf of Magma Audit LLP

9.	RELATED PARTY DISCLOSURES

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.

At the year end £112,951 (2024: £110,399) was owed by Intelics Solutions Nigeria Limited, a subsidiary. During the year, interest of £5,438 (2024: £5,584) was charged on the outstanding loan balance.

At the year end £414,490 (2024: £nil) was owed by P N Writer & co UAE, a related party by virture of common ownership. During the year, interest of £27,463 (2024: £nil) was charged on the outstanding loan balance.

10.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking and controlling party is Writer Business Services Private Limited, registered at 105, Dr. B. Ambedkar Road, Lalbaug, Mumbai - 400 033, India.

Writer Business Services Private Limited has two ultimate beneficial owners:

Mr Denzil Vincent de Souza

Mrs Cynthia Maria de Souza

The consolidated accounts of the group are available to the public and may be obtained from Writer Business Services Private Limited., registered at 105, Dr. B. Ambedkar Road, Lalbaug, Mumbai - 400 033, India.