IRIS Accounts Production v26.1.0.640 01955749 Board of Directors 1.4.24 31.3.25 31.3.25 10.4.26 true false true false false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01955749 2024-03-31 01955749 2025-03-31 01955749 2024-04-01 2025-03-31 01955749 2023-03-31 01955749 2023-04-01 2024-03-31 01955749 2024-03-31 01955749 ns15:EnglandWales 2024-04-01 2025-03-31 01955749 ns14:PoundSterling 2024-04-01 2025-03-31 01955749 ns10:Director1 2024-04-01 2025-03-31 01955749 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01955749 ns10:SmallEntities 2024-04-01 2025-03-31 01955749 ns10:Audited 2024-04-01 2025-03-31 01955749 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 01955749 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01955749 ns10:FullAccounts 2024-04-01 2025-03-31 01955749 1 2024-04-01 2025-03-31 01955749 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 01955749 ns10:Director6 2024-04-01 2025-03-31 01955749 ns10:Director12 2024-04-01 2025-03-31 01955749 ns10:RegisteredOffice 2024-04-01 2025-03-31 01955749 ns5:CurrentFinancialInstruments 2025-03-31 01955749 ns5:CurrentFinancialInstruments 2024-03-31 01955749 ns5:Non-currentFinancialInstruments 2025-03-31 01955749 ns5:Non-currentFinancialInstruments 2024-03-31 01955749 ns5:ShareCapital 2025-03-31 01955749 ns5:ShareCapital 2024-03-31 01955749 ns5:SharePremium 2025-03-31 01955749 ns5:SharePremium 2024-03-31 01955749 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 01955749 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 01955749 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 01955749 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 01955749 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-04-01 2025-03-31 01955749 ns5:FurnitureFittings 2024-04-01 2025-03-31 01955749 ns5:IntangibleAssetsOtherThanGoodwill 2024-03-31 01955749 ns5:IntangibleAssetsOtherThanGoodwill 2025-03-31 01955749 ns5:IntangibleAssetsOtherThanGoodwill 2024-03-31 01955749 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-03-31 01955749 ns5:FurnitureFittings 2024-03-31 01955749 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-03-31 01955749 ns5:FurnitureFittings 2025-03-31 01955749 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-03-31 01955749 ns5:FurnitureFittings 2024-03-31 01955749 ns5:CostValuation 2024-03-31 01955749 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 01955749 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 01955749 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-03-31 01955749 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-03-31 01955749 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 01955749 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 01955749 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-03-31 01955749 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-03-31 01955749 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-03-31 01955749 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-03-31 01955749 ns5:HirePurchaseContracts 2025-03-31 01955749 ns5:HirePurchaseContracts 2024-03-31 01955749 ns5:WithinOneYear 2025-03-31 01955749 ns5:WithinOneYear 2024-03-31 01955749 ns5:BetweenOneFiveYears 2025-03-31 01955749 ns5:BetweenOneFiveYears 2024-03-31 01955749 ns5:AllPeriods 2025-03-31 01955749 ns5:AllPeriods 2024-03-31 01955749 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 01955749 (England and Wales)

| Audited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Hyperion Systems Limited |

Hyperion Systems Limited (Registered number: 01955749)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

Hyperion Systems Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | S M Pannifer

| L J D Grosclaude

| R Guilley

| REGISTERED OFFICE: | Tweed House

| 12 The Mount

| Guildford

| Surrey

| GU2 4HN

| REGISTERED NUMBER: | 01955749 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Susan Ambrose FCCA FCA

| AUDITORS: | Butt Miller

| Chartered Accountants and Statutory Auditor

| 1 Minster Court

| Tuscam Way

| Camberley

| Surrey

| GU15 3YY

Hyperion Systems Limited (Registered number: 01955749)

Statement of Financial Position

31 March 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 334,110 |  | 201,728 |  |

Tangible assets | 5 | 11,850 |  | 25,815 |  |

Investments | 6 | 78,330 |  | 78,330 |  |

424,290 |  | 305,873 |  |

CURRENT ASSETS

Work in progress | 7 | 89,309 |  | 75,838 |  |

Debtors | 8 | 1,363,936 |  | 1,521,899 |  |

Cash at bank and in hand | 226,939 |  | 401,319 |  |

1,680,184 |  | 1,999,056 |  |

CREDITORS

Amounts falling due within one year | 9 | (419,539 | ) | (470,362 | ) |

NET CURRENT ASSETS | 1,260,645 |  | 1,528,694 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,684,935 |  | 1,834,567 |  |

CREDITORS

Amounts falling due after more than one year | 10 | - |  | (15,975 | ) |

PROVISIONS FOR LIABILITIES | (2,000 | ) | (5,065 | ) |

NET ASSETS | 1,682,935 |  | 1,813,527 |  |

CAPITAL AND RESERVES

Called up share capital | 13 | 89,795 |  | 80,580 |  |

Share premium | 299,374 |  | 115,552 |  |

Retained earnings | 1,293,766 |  | 1,617,395 |  |

SHAREHOLDERS' FUNDS | 1,682,935 |  | 1,813,527 |  |

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 10 April 2026 and were signed on its behalf by:

L J D Grosclaude - Director

Hyperion Systems Limited (Registered number: 01955749)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Hyperion Systems 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 (£).

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.

| Preparation of consolidated financial statements

| The financial statements contain information about Hyperion Systems Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

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

| Income represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the statement of financial position date, turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Computer software

| Computer software is amortised over its estimated useful lives of 25 years. The residual values, useful lives and amortisation methods are reviewed by the directors annually, and adjusted prospectively if there is an indication of a significant change since the last reporting date.

| Tangible fixed assets

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

| Short leasehold | - | over the term of the primary lease

| Fixtures, fittings and computer equipment | - | 20-33% per annum of cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are stated at cost less accumulated impairment losses.

| Investments are reviewed for impairment if events or changes in circumstances indicate that the carrying values may not be recoverable.

| Work in progress

| Work in progress represents unbilled consultants time, plus expenses where appropriate. The amount of revenue included reflects the accrual of the right to consideration as contract activity progresses by reference to the value of the work performed.

Hyperion Systems Limited (Registered number: 01955749)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year 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 statement of financial position date.

| 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.

| Research and development

| Expenditure on research and development is charged to the Income Statement in the year in which it is incurred with the exception of expenditure incurred in respect of the development of major new products where the outcome of those projects is assessed as being reasonably certain as regards viability and technical feasibility. Such expenditure is capitalised and amortised straight line over the estimated period of sale for each product, commencing in the year that sales of the product are first made.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts are capitalised in the Statement of Financial Position. Those held under hire purchase contracts are depreciated over their estimated useful lives.

| The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

| Pension costs

| The company operates a defined contribution pension scheme and contributes to privately administered pension plans. Contributions payable are charged to the Income Statement in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 26 (2024 - 27 ) .

Hyperion Systems Limited (Registered number: 01955749)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 April 2024 | 639,488 |  |

| Additions | 140,729 |  |

| At 31 March 2025 | 780,217 |  |

| AMORTISATION

| At 1 April 2024 | 437,760 |  |

| Charge for year | 8,347 |  |

| At 31 March 2025 | 446,107 |  |

| NET BOOK VALUE

| At 31 March 2025 | 334,110 |  |

| At 31 March 2024 | 201,728 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures, |

| fittings |

| and |

| Short |  | computer |

| leasehold |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 5,150 |  | 303,050 |  | 308,200 |  |

| Additions | - |  | 8,151 |  | 8,151 |  |

| At 31 March 2025 | 5,150 |  | 311,201 |  | 316,351 |  |

| DEPRECIATION

| At 1 April 2024 | 3,347 |  | 279,038 |  | 282,385 |  |

| Charge for year | 1,030 |  | 21,086 |  | 22,116 |  |

| At 31 March 2025 | 4,377 |  | 300,124 |  | 304,501 |  |

| NET BOOK VALUE

| At 31 March 2025 | 773 |  | 11,077 |  | 11,850 |  |

| At 31 March 2024 | 1,803 |  | 24,012 |  | 25,815 |  |

Hyperion Systems Limited (Registered number: 01955749)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 78,330 |  |

| NET BOOK VALUE

| At 31 March 2025 | 78,330 |  |

| At 31 March 2024 | 78,330 |  |

7. | WORK IN PROGRESS

2025 | 2024 |

£ | £ |

| Work in progress | 89,309 |  | 75,838 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 670,807 |  | 868,208 |  |

| Amounts owed by group undertakings | 626,489 |  | 592,858 |  |

| Prepayments and accrued income | 66,640 |  | 60,833 |  |

1,363,936 |  | 1,521,899 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 10,000 |  |

| Hire purchase contracts (see note 11) | - |  | 15,513 |  |

| Trade creditors | 148,180 |  | 83,531 |  |

| Tax | 91,601 |  | 97,201 |  |

| Social security and other taxes | 64,331 |  | 66,123 |  |

| VAT | 10,997 |  | 60,546 |  |

| Accruals and deferred income | 104,430 |  | 137,448 |  |

419,539 |  | 470,362 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | - |  | 10,000 |  |

| Bank loans - 2-5 years | - |  | 2,500 |  |

| Hire purchase contracts (see note 11) | - |  | 3,475 |  |

- |  | 15,975 |  |

Hyperion Systems Limited (Registered number: 01955749)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

11. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | - |  | 15,513 |  |

| Between one and five years | - |  | 3,475 |  |

- |  | 18,988 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 54,000 |  | 72,000 |  |

| Between one and five years | - |  | 54,000 |  |

54,000 |  | 126,000 |  |

12. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | - |  | 18,988 |  |

| The bank held a debenture secured by fixed and floating charges over the company's assets. This was satisfied on 15 August 2024.

| The hire purchase contracts were secured on the assets held under these contracts.

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 89,795 | Ordinary | £1 | 89,795 |  | 80,580 |  |

| (2024 - 80,580 ) |

| 9,215 Ordinary shares of £1 each were allotted and fully paid for cash at varying rates during the year. Share premium on these shares totalled £183,822.

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

| The Report of the Auditors was unqualified.

| Susan Ambrose FCCA FCA (Senior Statutory Auditor)

| for and on behalf of Butt Miller

Hyperion Systems Limited (Registered number: 01955749)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

15. | RELATED PARTY DISCLOSURES

| During the previous year the company was controlled by the directors Dr S J Fiske and N A McEvoy. Both of the named directors, gave personal guarantees in 2024, limited to £75,000, to secure the company's overdraft facilities.

| The company leases offices owned by a self administered pension scheme, the members of which are the directors Dr S J Fiske, D G W Birch and N A McEvoy, along with a minority shareholder of the company. An annual market rent of £72,000 is payable to the Landlord. The tenants have a full repairing lease expiring on 4 January 2026.

16. | ULTIMATE CONTROLLING PARTY

| The immediate parent is Fime Services UK Limited which owns the whole of the issued share capital of Hyperion Systems Limited. The ultimate parent is Orchid Holdings, SAS which owns the whole of the issued share capital of Orchid Hold Co, SAS which in turn owns the whole of the issued share capital of Fime Services UK Limited.

| The largest group of undertakings for which the group accounts have been drawn up is that headed by Orchid Holdings, SAS. The smallest group of undertakings for which the group accounts have been drawn up is that headed by Orchid HoldCo, SAS. Copies of all group financial statements are available from Orchid HoldCo, SAS, 3 Boulevard Sébastopol, 75001 Paris, France.

17. | SHARE-BASED PAYMENT TRANSACTIONS

| The company applied the exemption available on transition to Financial Reporting Standard 102, relating to share-based payment transactions. The information given below is to provide the user with an understanding of the current position.

| The company operates an EMI share option scheme, whereby options are granted to employees to acquire shares at the grant price. Grants may be exercised anytime from the date of grant until the tenth anniversary. Options under the scheme are granted at the market price ruling at the date of grant.

| Options granted on 2 October 2014 and 16 March 2016 were granted at exercise prices of £31.97 and £18.36 respectively.

| Options outstanding:

| Number |  |

| At 1 April 2024 |  |  | 8,715 |  |

| Options granted |  |  | 0 |  |

| Options lapsed |  |  | 0 |  |

| Options exercised |  |  | 8,715 |  |

| At 31 March 2025 |  |  | 0 |  |