REGISTERED NUMBER: 09091908 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ARCSERVE (UK) LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

C J Babel

Secretary:

Vistra Company Secretaries Limited

Registered office:

Suite 1

7th Floor 50 Broadway

London

United Kingdom

SW1H 0BL

Registered number:

09091908 (England and Wales)

Auditors:

Zome (Statutory Auditor)

5th Floor

111 Charterhouse Street

London

EC1M 6AW

FIXED ASSETS

Tangible assets

4

45,996

104,546

CURRENT ASSETS

Debtors: amounts falling due within one year

5

1,440,622

1,403,212

Debtors: amounts falling due after more than one year

5

19,684

-

Cash at bank

25,361

37,290

1,485,667

1,440,502

CREDITORS

Amounts falling due within one year

6

(175,322

)

(236,432

)

NET CURRENT ASSETS

1,310,345

1,204,070

TOTAL ASSETS LESS CURRENT LIABILITIES

1,356,341

1,308,616

PROVISIONS FOR LIABILITIES

-

(4,624

)

NET ASSETS

1,356,341

1,303,992

CAPITAL AND RESERVES

Called up share capital

2

2

Share premium

528,834

528,834

Retained earnings

827,505

775,156

SHAREHOLDERS' FUNDS

1,356,341

1,303,992

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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 December 2025 and were signed by:

C J Babel - Director

1.	STATUTORY INFORMATION

Arcserve (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.

The Company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements and statement of compliance

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

The company is controlled by its immediate parent Arcserve Holdings Company LLC, to provide services within specific contracted regions. The company is remunerated by its parent for these services on a cost-plus basis. The total turnover of the company for the year has been derived from its principal activity undertaken in the UK and the rest of Europe.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is accrued at the cost plus profit rate as relevant expenses are recognised and recharged to group entities. Expenses are recognised as goods or services are delivered.

Tangible fixed assets

Assets being recorded at historical cost and depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer Equipment - 3 years, straight line basis.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Taxation

The tax expense represents the sum of the current tax expense and deferred tax expense. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax

Deferred corporation tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred corporation tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profits.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Defined contribution pension obligation

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 13 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

Cost

At 1 April 2024

184,716

Disposals

(18,709

)

At 31 March 2025

166,007

Depreciation

At 1 April 2024

80,170

Charge for year

57,852

Eliminated on disposal

(18,011

)

At 31 March 2025

120,011

Net book value

At 31 March 2025

45,996

At 31 March 2024

104,546

5.

DEBTORS

31/3/25

31/3/24

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

1,379,944

1,358,003

VAT

20,795

10,926

Prepayments

39,883

34,283

1,440,622

1,403,212

Amounts falling due after more than one year:

Deferred tax

19,684

-

Aggregate amounts

1,460,306

1,403,212

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

80,171

89,203

Tax

29,021

15,932

Social security and other taxes

-

5,562

Other creditors

10,122

9,969

Accrued expenses

56,008

115,766

175,322

236,432

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

The Report of the auditors was unqualified.

Roy Davis (Senior Statutory Auditor)

for and on behalf of Zome (Statutory Auditor)

8.	FIXED CHARGES

There is 1 outstanding fixed charge held over the assets of the company for Monroe Capital Management Advisors, Llc.

9.	ULTIMATE PARENT COMPANY

The immediate parent undertaking of the company is Arcserve UK Holding Limited, a company incorporated in the United Kingdom.

The ultimate parent company is Arcserve Cayman Topco LP, a company incorporated in Cayman Islands, with its principal place of business at Mourant Governance Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, PO Box 1348, Grand Cayman KY1-1108, Cayman Islands.