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REGISTERED NUMBER: 04791366 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 June 2025 |

| for |

| ITS Systems Ltd. |

| ITS Systems Ltd. (Registered number: 04791366) |

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| ITS Systems Ltd. |

Company Information

for the Year Ended 30 June 2025

| DIRECTOR: | Ms J D Foden

| REGISTERED OFFICE: | Crane Court

| 302 London Road

| Ipswich

| Suffolk

| IP2 0AJ

| REGISTERED NUMBER: | 04791366 (England and Wales)

| ACCOUNTANTS: | Knights Lowe Ltd

| Chartered Accountants

| Crane Court

| 302 London Road

| Ipswich

| Suffolk

| IP2 0AJ

| BANKERS: | Barclays Bank PLC

| Princes Street

| Ipswich

| Suffolk

| IP1 1PB

| ITS Systems Ltd. (Registered number: 04791366) |

Statement of Financial Position

30 June 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 651 |  | - |  |

CURRENT ASSETS

Stocks | 5 | 2,444 |  | 3,807 |  |

Debtors | 6 | 1,861 |  | - |  |

Cash at bank | 22,749 |  | 25,701 |  |

27,054 |  | 29,508 |  |

CREDITORS

Amounts falling due within one year | 7 | 10,613 |  | 14,083 |  |

NET CURRENT ASSETS | 16,441 |  | 15,425 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 17,092 |  | 15,425 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 50 |  | 50 |  |

Capital redemption reserve | 50 |  | 50 |  |

Retained earnings | 16,992 |  | 15,325 |  |

SHAREHOLDERS' FUNDS | 17,092 |  | 15,425 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

| ITS Systems Ltd. (Registered number: 04791366) |

Statement of Financial Position - continued

30 June 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2026 and were signed by:

Ms J D Foden - Director

| ITS Systems Ltd. (Registered number: 04791366) |

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| ITS Systems Ltd. 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 (£).

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.

| Turnover

| Turnover is the amount derived from ordinary activities, and stated after trade discounts, other sales taxes and net of VAT.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Computer equipment | - | 25% on cost

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

| Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

| ITS Systems Ltd. (Registered number: 04791366) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Pension costs and other post-retirement benefits

| 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 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 1 July 2024 | 2,464 |  |

| Additions | 665 |  |

| At 30 June 2025 | 3,129 |  |

| DEPRECIATION

| At 1 July 2024 | 2,464 |  |

| Charge for year | 14 |  |

| At 30 June 2025 | 2,478 |  |

| NET BOOK VALUE

| At 30 June 2025 | 651 |  |

| At 30 June 2024 | - |  |

5. | STOCKS

2025 | 2024 |

£ | £ |

| Work-in-progress | 2,444 |  | 3,807 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,861 |  | - |  |

| ITS Systems Ltd. (Registered number: 04791366) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

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

2025 | 2024 |

£ | £ |

| Trade creditors | 59 |  | 178 |  |

| Taxation and social security | 8,668 |  | 9,777 |  |

| Other creditors | 1,886 |  | 4,128 |  |

10,613 |  | 14,083 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 50 | Ordinary A | £1 | 50 |  | 50 |  |