REGISTERED NUMBER: 03316781 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

INFOTEAM INTERNATIONAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Glen James Coffey

REGISTERED OFFICE:

Chessington Business Centre

Cox Lane

Chessington

KT9 1SD

REGISTERED NUMBER:

03316781 (England and Wales)

ACCOUNTANTS:

Simmons Gainsford Professional Services Limited

14th Floor

33 Cavendish Square

London

W1G 0PW

FIXED ASSETS

Intangible assets

4

726,140

603,613

Tangible assets

5

51,172

33,053

777,312

636,666

CURRENT ASSETS

Stocks

177,544

156,432

Debtors

6

670,920

865,898

Cash at bank

547,580

1,230,190

1,396,044

2,252,520

CREDITORS

Amounts falling due within one year

7

645,220

755,239

NET CURRENT ASSETS

750,824

1,497,281

TOTAL ASSETS LESS CURRENT LIABILITIES

1,528,136

2,133,947

CREDITORS

Amounts falling due after more than one year

8

(1,465,867

)

(1,880,915

)

PROVISIONS FOR LIABILITIES

(1,089

)

-

NET ASSETS

61,180

253,032

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

60,180

252,032

SHAREHOLDERS' FUNDS

61,180

253,032

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

Glen James Coffey - Director

1.	STATUTORY INFORMATION

Infoteam International Services 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 the provisions of section 1A 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.

Turnover

Turnover represents net invoiced sales of goods and services and sales of development property, excluding value added tax.

Intangible assets

Amortisation is provided on a straight line basis over three years in order to write off computer software over its estimated useful life.

Tangible fixed assets

Depreciation is provided on a straight line basis over the following periods in order to write off each asset over its estimated useful life:

Improvements to property

8 years

Plant and machinery

5 years

Fixtures and fittings

3 years

Motor vehicles

4 years

Computer equipment

3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method 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. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of comprehensive income, 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.

Foreign currencies

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

Pensions

Pension contributions are charged to the profit and loss account as and when incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 June 2024

905,420

Additions

636,500

At 31 May 2025

1,541,920

AMORTISATION

At 1 June 2024

301,807

Charge for year

513,973

At 31 May 2025

815,780

NET BOOK VALUE

At 31 May 2025

726,140

At 31 May 2024

603,613

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

177,231

Additions

50,836

At 31 May 2025

228,067

DEPRECIATION

At 1 June 2024

144,178

Charge for year

32,717

At 31 May 2025

176,895

NET BOOK VALUE

At 31 May 2025

51,172

At 31 May 2024

33,053

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

557,179

382,015

Other debtors

113,741

483,883

670,920

865,898

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

314,425

216,354

Amounts owed to participating interests

40,269

-

Taxation and social security

132,206

345,485

Other creditors

148,320

183,400

645,220

755,239

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

1,667

11,667

Amounts owed to holding company

1,464,200

1,869,248

1,465,867

1,880,915

9.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company was committed to future lease payments of £208,000 for rental of premises under a lease which expires on 31 May 2027. These commitments included £104,000 to be paid in the year ended 31 May 2026.

10.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed £39,204 (2024: £nil) to Goldrose Management Ltd, a company in which Glen Coffey is a director.

As at the balance sheet date, the company owed £1,065 (2024: £nil) to Arawa Residential Ltd, a company in which Glen Coffey is a director.

As at the balance sheet date the company owed £1,464,200 (2024: £1,869,248) to the holding company Infoteam Group Limited.

As at the balance sheet date the company owed £8,495 (2024: £nil) to the director.

11.	ULTIMATE HOLDING COMPANY

The ultimate holding company is Infoteam Group Limited for which the registered office is Chessington Business Centre, Cox Lane, Chessington, England, KT9 1SD.