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REGISTERED NUMBER: 02312962 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

29 MARCH 2024 TO 28 SEPTEMBER 2025

FOR

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 29 MARCH 2024 TO 28 SEPTEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED

COMPANY INFORMATION

FOR THE PERIOD 29 MARCH 2024 TO 28 SEPTEMBER 2025

| DIRECTORS: | Mr M J Busby

| Mrs H E Rowlan

| REGISTERED OFFICE: | 1 Langley Court

| Pyle Street

| Newport

| Isle of Wight

| PO30 1LA

| REGISTERED NUMBER: | 02312962 (England and Wales)

| ACCOUNTANTS: | Xeinadin Isle of Wight

| 1 Langley Court

| Pyle Street

| Newport

| Isle of Wight

| PO30 1LA

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

BALANCE SHEET

28 SEPTEMBER 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | 14,179 |  | - |  |

Tangible assets | 5 | 19,620 |  | 30,678 |  |

33,799 |  | 30,678 |  |

CURRENT ASSETS

Stocks | 3,985 |  | 5,479 |  |

Debtors | 6 | 88,850 |  | 158,513 |  |

Cash at bank and in hand | 5,399 |  | 9,697 |  |

98,234 |  | 173,689 |  |

CREDITORS

Amounts falling due within one year | 7 | 129,744 |  | 108,050 |  |

NET CURRENT (LIABILITIES)/ASSETS | (31,510 | ) | 65,639 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,289 |  | 96,317 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 82,689 |  | 90,751 |  |

NET (LIABILITIES)/ASSETS | (80,400 | ) | 5,566 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 200 |  | 200 |  |

Retained earnings | (80,600 | ) | 5,366 |  |

SHAREHOLDERS' FUNDS | (80,400 | ) | 5,566 |  |

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 September 2025.

The members have not required the Company to obtain an audit of its financial statements for the period ended 28 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

BALANCE SHEET - continued

28 SEPTEMBER 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2026 and were signed on its behalf by:

Mrs H E Rowlan - Director

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 29 MARCH 2024 TO 28 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Systems Analysis Design And Support 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 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

| Tangible fixed assets

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

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

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

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

| 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 period was 12 (2024 - 2 ) .

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 29 MARCH 2024 TO 28 SEPTEMBER 2025

4. | INTANGIBLE FIXED ASSETS

Goodwill |

| £

| COST

| Additions | 15,971 |  |

| At 28 September 2025 | 15,971 |  |

| AMORTISATION

| Amortisation for period | 1,792 |  |

| At 28 September 2025 | 1,792 |  |

| NET BOOK VALUE

| At 28 September 2025 | 14,179 |  |

| Goodwill represents the purchase of the assets and goodwill of SADS IT Ltd from the liquidator on 5th March 2024.

5. | TANGIBLE FIXED ASSETS

Motor | Computer |

vehicles | equipment | Totals |

| £ | £ | £

| COST

| At 29 March 2024 | 36,813 |  | - |  | 36,813 |  |

| Additions | - |  | 510 |  | 510 |  |

| At 28 September 2025 | 36,813 |  | 510 |  | 37,323 |  |

| DEPRECIATION

| At 29 March 2024 | 6,135 |  | - |  | 6,135 |  |

| Charge for period | 11,504 |  | 64 |  | 11,568 |  |

| At 28 September 2025 | 17,639 |  | 64 |  | 17,703 |  |

| NET BOOK VALUE

| At 28 September 2025 | 19,174 |  | 446 |  | 19,620 |  |

| At 28 March 2024 | 30,678 |  | - |  | 30,678 |  |

| Included in fixed assets were assets under hire purchase of £19,173 (2024: £30,677) with depreciation in respect of these assets of £11,504 (2024: £6,135).

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 29 MARCH 2024 TO 28 SEPTEMBER 2025

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

2025 | 2024 |

| £ | £

| Trade debtors | 70,272 |  | 63,758 |  |

| Amounts owed by group undertakings | 14,353 |  | 38,620 |  |

| Other debtors | - |  | 1,971 |  |

| Directors' current accounts | - |  | 54,164 |  |

| Prepayments | 4,225 |  | - |  |

88,850 |  | 158,513 |  |

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

2025 | 2024 |

| £ | £

| Bank loans and overdrafts (see note 9) | 36,016 |  | 11,257 |  |

| Other loans (see note 9) | 17,307 |  | - |  |

| Hire purchase contracts | 4,031 |  | 4,031 |  |

| Trade creditors | 32,427 |  | 58,629 |  |

| Tax | - |  | 8,908 |  |

| Social security and other taxes | 9,375 |  | 4,620 |  |

| VAT | 25,644 |  | 12,729 |  |

| Other creditors | 4,154 |  | 3,320 |  |

| Directors' current accounts | 790 |  | - |  |

| Accrued expenses | - |  | 4,556 |  |

129,744 |  | 108,050 |  |

| Other creditors consists of pension contributions paid after the year end of £1,029 (2024: £957) and a company credit card balance of £3,125 (2024: £2,363).

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

2025 | 2024 |

| £ | £

| Bank loans (see note 9) | 59,091 |  | 61,107 |  |

| Hire purchase contracts | 23,598 |  | 29,644 |  |

82,689 |  | 90,751 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans - over 5 years | 24,101 |  | 4,069 |  |

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 29 MARCH 2024 TO 28 SEPTEMBER 2025

9. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

| £ | £

| Amounts falling due within one year or on demand:

| Bank loans | 36,016 |  | 11,257 |  |

| Other loans | 17,307 |  | - |  |

53,323 |  | 11,257 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 9,031 |  | 28,562 |  |

| Amounts falling due between two and five years:

| Bank loans - 2- 5 years | 25,959 |  | 28,476 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans - over 5 years | 24,101 |  | 4,069 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

| £ | £

| Bank loans | 56,553 |  | 33,809 |  |

| Two of the directors have given a personal guarantee for some of the bank loans. The outstanding loan balances were £95,107 at the year end.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

value: |  | £ | £

| 175 | Ordinary | £1 | 175 |  | 175 |  |

| 25 | Ordinary A | £1 | 25 |  | 25 |  |

200 |  | 200 |  |

SYSTEMS ANALYSIS DESIGN AND SUPPORT

LIMITED (REGISTERED NUMBER: 02312962)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 29 MARCH 2024 TO 28 SEPTEMBER 2025

12. | RELATED PARTY DISCLOSURES

| SADS Holdings Limited

| During the year the company paid rent of £19,800 (2024: £3,600) to SADS Holdings Limited for use of the commercial premises. The rent was at open market value on commercial terms. At the balance sheet date, there was an amount owed by SADS Holdings Limited, the immediate parent company, amounting to £14,353 (2024: £38,620). This is included within amounts owed by group undertakings.

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mrs H E Rowlan, one of the directors, by virtue of her majority shareholding in SADS Holdings Ltd, the ultimate parent company.

14. | ULTIMATE PARENT COMPANY

| The ultimate parent company is SADS Holdings Limited.

15. | GOING CONCERN

| The company has net liabilities and the directors continue to support the company with personal and other loans. Since the year-end, the directors have also made significant operational changes within the business to reduce its overheads and they are confident that the company will return to profitability.