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REGISTERED NUMBER: 03081021 (England and Wales)

Financial Statements for the Period 1 July 2024 to 31 December 2024

for

Reckon One Limited

Reckon One Limited (Registered number: 03081021)

Contents of the Financial Statements

for the Period 1 July 2024 to 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Reckon One Limited

Company Information

for the Period 1 July 2024 to 31 December 2024

| DIRECTORS: | C H Hagglund

| S J Allert

| P J Hewson

| REGISTERED OFFICE: | First Floor

| 7 Marina Court

| Maple Drive

| Hinckley

| LE10 3BF

| REGISTERED NUMBER: | 03081021 (England and Wales)

| AUDITORS: | Gopsall Audit Services Limited

| Chartered Accountants

| Statutory Auditor

| First Floor

| 7 Marina Court

| Maple Drive

| Hinckley

| Leicestershire

| LE10 3BF

Reckon One Limited (Registered number: 03081021)

Balance Sheet

31 December 2024

| 31.12.24 |  | 30.6.24

| Notes | £ | £ |

CREDITORS

Amounts falling due within one year | 4 | 15,600 |  | 9,050 |  |

NET CURRENT LIABILITIES | (15,600 | ) | (9,050 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (15,600 | ) | (9,050 | ) |

CREDITORS

Amounts falling due after more than one year | 5 | 1,178 |  | 394 |  |

NET LIABILITIES | (16,778 | ) | (9,444 | ) |

CAPITAL AND RESERVES

Called up share capital | 6 | 1 |  | 1 |  |

Retained earnings | (16,779 | ) | (9,445 | ) |

SHAREHOLDERS' FUNDS | (16,778 | ) | (9,444 | ) |

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 Board of Directors and authorised for issue on 21 January 2026 and were signed on its behalf by:

C H Hagglund - Director

Reckon One Limited (Registered number: 03081021)

Notes to the Financial Statements

for the Period 1 July 2024 to 31 December 2024

1. | STATUTORY INFORMATION

| Reckon One 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 presentation currency of the financial statements is the Pound Sterling (£).

| The financial statements are rounded to the nearest pound (£).

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.

| 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.

| Going concern

| The financial statements have been prepared on a going concern basis. The company had net liabilities at the year end. The company's parent undertaking, Reckon Limited, has agreed to provide support for the company for at least twelve months following the date of approval of the financial statements. In addition, the parent company directors have prepared a going concern assessment for the group, including the company, based on forecasts for a period up to December 2027, including realistic downside scenarios. On this basis, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis in preparing the financial statements.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL (2024 - NIL).

Reckon One Limited (Registered number: 03081021)

Notes to the Financial Statements - continued

for the Period 1 July 2024 to 31 December 2024

4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 30.6.24

£ | £ |

| Accrued expenses | 15,600 |  | 9,050 |  |

5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 30.6.24

£ | £ |

| Amounts owed to group undertakings | 1,178 |  | 394 |  |

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 30.6.24

| value: | £ | £ |

| 276,583 | Ordinary share capital | 0.00000362 | 1 |  | 1 |  |

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

| The Report of the Auditors was unqualified.

| Peter White (Senior Statutory Auditor)

| for and on behalf of Gopsall Audit Services Limited

8. | POST BALANCE SHEET EVENTS

| On 6 January 2025 the company's parent company, Reckon Limited, completed the acquisition of Cashflow Manager and OKKE, Adelaide based accounting and payroll software businesses.The UK trade will be undertaken by Reckon One Limited.

9. | ULTIMATE PARENT COMPANY

| The directors consider the company's immediate and ultimate parent undertaking of the smallest and largest group to be Reckon Limited ('Reckon'), a company incorporated in Australia. Reckon is listed on the Australian stock exchange and prepares consolidated financial statements which are publicly available from Level 2, 100 Pacific Highway, North Sydney, NSW 2060, Australia.

| The Reckon consolidated financial statements disclosure remuneration received by auditors for audit and other services.