Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Laurel Wooten

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 December 2025

And signed on behalf of the board by:
Name: Laurel Wooten
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	223,120	219,802
Cost of sales:	( 223,929 )	( 211,058 )
Gross profit(or loss):	(809)	8,744
Administrative expenses:	( 11,902 )	( 8,982 )
Other operating income:	8,851	6,564
Operating profit(or loss):	(3,860)	6,326
Interest receivable and similar income:	1,055	1,040
Interest payable and similar charges:	( 2,494 )	( 1,103 )
Profit(or loss) before tax:	(5,299)	6,263
Tax:	135	( 168 )
Profit(or loss) for the financial year:	(5,164)	6,095

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Fixed assets
Intangible assets:	3	577	0
Tangible assets:	4	16,059	20,131
Investments:	5	7,917	7,917
Total fixed assets:		24,553	28,048
Current assets
Debtors:	6	72,294	65,370
Cash at bank and in hand:		772	7,239
Total current assets:		73,066	72,609
Prepayments and accrued income:		17,055	13,590
Creditors: amounts falling due within one year:	7	( 61,628 )	( 50,129 )
Net current assets (liabilities):		28,493	36,070
Total assets less current liabilities:		53,046	64,118
Provision for liabilities:		( 12,001 )	( 14,248 )
Accruals and deferred income:		( 23,406 )	( 27,260 )
Total net assets (liabilities):		17,639	22,610
Capital and reserves
Called up share capital:		1	1
Share premium account:		6,132	6,132
Other reserves:		(4,805)	(4,805 )
Profit and loss account:		16,311	21,282
Total Shareholders' funds:		17,639	22,610

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  The Company recognises revenue for performance obligation when or as it satisfies them, and control of the asset has passed to the customer in accordance with the terms of the contractual arrangement. Control of an asset is defined as the ability to direct the use of and obtain substantially all of the remaining benefits from the asset. In most instances, performance obligations are separately identifiable deliverables that a customer expects to receive. These are distinct within the context of the contract, and are accounted for as separate performance obligations, revenue is allocated to each of the performance obligations based on relative standalone selling prices. In time-based projects, clients are billed based on hours worked at the applicable billable rates. Revenue is recognised as hours are delivered, regardless of project size. This is an exception to the Company’s threshold approach for fixed-fee jobs. The Company’s policy is that it acts as the principal in its arrangements with third parties based on the conclusion that it obtains control of the services provided to its customers when another party is involved in providing goods or services. Under IFRS 15, the Company is a principal in a transaction if it obtains control of any one of the following: a) a good or another asset from the other party that it then transfers to the customer. b) a right to a service to be performed by the other party, which gives the entity the ability to direct that party to provide the service to the customer on the entity’s behalf. c) a good or service from the other party that it then combines with other goods or services in providing the specified good or service to the customer. For example, if an entity provides a significant service of integrating goods or services provided by another party into the specified good or service for which the customer has contracted, the entity controls the specified good or service before that good or service is transferred to the customer. This is because the entity first obtains control of the inputs to the specified good or service (which includes goods or services from other parties) and directs their use to create the combined output that is the specified good or service. The Company is primarily responsible for the fulfillment of the services provided under our contracts and our customers are not limited to the fee in the event we are required to indemnify them for non- performance. We meet the principal criteria outlined above and recognize third party costs on a gross basis (through cost of sales). The company recognises revenue in accordance with the provisions of IFRS15 Revenue from Contracts with Customers The five-step model framework contained within IFRS15 is fundamental to its revenue recognition process. The company will consider the identification of contract with a customer, the performance obligations within that contract, the transaction price of the contract, the allocation of transaction price to performance obligations and satisfaction of performance obligations.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected life.

  Intangible fixed assets amortisation policy

  Research expenditure is expensed as incurred. Development expenditure is also expensed, except where the directors are satisfied as to the technical, commercial and financial viability of individual projects. In such cases, the identifiable expenditure is deferred and amortised over the period during which the Company is expected to benefit. This period is between three and five years. Amortisation of other software is 33.3% or 20% straight-line method.

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	1,205	1,232