IRIS Accounts Production v26.1.0.640 11227155 Board of Directors 1.8.24 31.7.25 31.7.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11227155 2024-07-31 11227155 2025-07-31 11227155 2024-08-01 2025-07-31 11227155 2023-07-31 11227155 2023-08-01 2024-07-31 11227155 2024-07-31 11227155 ns15:EnglandWales 2024-08-01 2025-07-31 11227155 ns14:PoundSterling 2024-08-01 2025-07-31 11227155 ns10:Director1 2024-08-01 2025-07-31 11227155 ns10:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 11227155 ns10:SmallEntities 2024-08-01 2025-07-31 11227155 ns10:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 11227155 ns10:SmallCompaniesRegimeForDirectorsReport 2024-08-01 2025-07-31 11227155 ns10:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 11227155 ns10:FullAccounts 2024-08-01 2025-07-31 11227155 ns10:Director2 2024-08-01 2025-07-31 11227155 ns10:Director3 2024-08-01 2025-07-31 11227155 ns10:Director5 2024-08-01 2025-07-31 11227155 ns10:RegisteredOffice 2024-08-01 2025-07-31 11227155 ns5:CurrentFinancialInstruments 2025-07-31 11227155 ns5:CurrentFinancialInstruments 2024-07-31 11227155 ns5:Non-currentFinancialInstruments 2025-07-31 11227155 ns5:Non-currentFinancialInstruments 2024-07-31 11227155 ns5:ShareCapital 2025-07-31 11227155 ns5:ShareCapital 2024-07-31 11227155 ns5:SharePremium 2025-07-31 11227155 ns5:SharePremium 2024-07-31 11227155 ns5:RetainedEarningsAccumulatedLosses 2025-07-31 11227155 ns5:RetainedEarningsAccumulatedLosses 2024-07-31 11227155 ns5:PlantMachinery 2024-08-01 2025-07-31 11227155 ns5:PlantMachinery 2024-07-31 11227155 ns5:PlantMachinery 2025-07-31 11227155 ns5:PlantMachinery 2024-07-31 11227155 ns5:CostValuation 2024-07-31 11227155 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-07-31 11227155 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-07-31 11227155 ns5:WithinOneYear 2025-07-31 11227155 ns5:WithinOneYear 2024-07-31 11227155 ns5:BetweenOneFiveYears 2025-07-31 11227155 ns5:BetweenOneFiveYears 2024-07-31 11227155 ns5:AllPeriods 2025-07-31 11227155 ns5:AllPeriods 2024-07-31

REGISTERED NUMBER: 11227155 (England and Wales)

PAIGER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

| PAIGER LIMITED (REGISTERED NUMBER: 11227155) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

| Page |

| Company Information | 1 |

| Chartered Accountants' Report | 2 |

| Balance Sheet | 3 |  | to |  | 4

| Notes to the Financial Statements | 5 |  | to |  | 7

| PAIGER LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2025

| DIRECTORS: | S A Passmore

| D W Westall

| K J Robinson

| G van den Bosch

| REGISTERED OFFICE: | Suite 1, 3rd Floor

| Crown House

| 151 High Road

| Loughton

| Essex

| IG10 4LF

| REGISTERED NUMBER: | 11227155 (England and Wales)

| ACCOUNTANTS: | BCD Accountants Limited

| Second Floor

| 21 Graham Street

| Birmingham

| United Kingdom

| B1 3JR

| BANKERS: | Santander

| Bootle

| Merseyside

| L30 4GB

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

PAIGER LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paiger Limited for the year ended 31 July 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Paiger Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Paiger Limited and state those matters that we have agreed to state to the Board of Directors of Paiger Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paiger Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Paiger Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Paiger Limited. You consider that Paiger Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Paiger Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BCD Accountants Limited

Second Floor

21 Graham Street

Birmingham

United Kingdom

B1 3JR

1 April 2026

| PAIGER LIMITED (REGISTERED NUMBER: 11227155) |

BALANCE SHEET

31 JULY 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 13,023 |  | 18,696 |  |

Investments | 5 | 35,618 |  | 35,618 |  |

48,641 |  | 54,314 |  |

CURRENT ASSETS

Debtors | 6 | 188,798 |  | 257,188 |  |

Cash at bank and in hand | 449,987 |  | 616,231 |  |

638,785 |  | 873,419 |  |

CREDITORS

Amounts falling due within one year | 7 | (331,234 | ) | (442,450 | ) |

NET CURRENT ASSETS | 307,551 |  | 430,969 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 356,192 |  | 485,283 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (2,116 | ) | (11,014 | ) |

PROVISIONS FOR LIABILITIES | (3,256 | ) | (4,674 | ) |

NET ASSETS | 350,820 |  | 469,595 |  |

CAPITAL AND RESERVES

Called up share capital | 111 |  | 111 |  |

Share premium | 854,989 |  | 854,989 |  |

Retained earnings | (504,280 | ) | (385,505 | ) |

350,820 |  | 469,595 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

| PAIGER LIMITED (REGISTERED NUMBER: 11227155) |

BALANCE SHEET - continued

31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 April 2026 and were signed on its behalf by:

D W Westall - Director

| PAIGER LIMITED (REGISTERED NUMBER: 11227155) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1. | STATUTORY INFORMATION

| Paiger 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 fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of software as a service. Turnover from the sale of software licences is recognised at the date of invoice and spread over the period covered by that invoice.

| Tangible fixed assets

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

| Plant and machinery etc | - | 33% on cost, 25% on cost and 20% on cost

| Investments in subsidiaries

| Investments in subsidiaries are measured at cost less any accumulated impairment losses. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair

| value are included in the profit and loss account.

| 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 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 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.

| Leased assets

| Operating lease payments are recognised as an expense on a straight line basis over the lease term.

| PAIGER LIMITED (REGISTERED NUMBER: 11227155) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Debtors

| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Creditors

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Going concern

| The directors consider it appropriate to prepare the financial statements on the going concern basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 36 (2024 - 40 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 August 2024 | 54,232 |  |

| Additions | 2,911 |  |

| At 31 July 2025 | 57,143 |  |

| DEPRECIATION

| At 1 August 2024 | 35,536 |  |

| Charge for year | 8,584 |  |

| At 31 July 2025 | 44,120 |  |

| NET BOOK VALUE

| At 31 July 2025 | 13,023 |  |

| At 31 July 2024 | 18,696 |  |

| PAIGER LIMITED (REGISTERED NUMBER: 11227155) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 August 2024

| and 31 July 2025 | 35,618 |  |

| NET BOOK VALUE

| At 31 July 2025 | 35,618 |  |

| At 31 July 2024 | 35,618 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 161,557 |  | 198,199 |  |

| Other debtors | 27,241 |  | 58,989 |  |

188,798 |  | 257,188 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 31,249 |  | 14,345 |  |

| Taxation and social security | 120,734 |  | 125,529 |  |

| Other creditors | 179,251 |  | 302,576 |  |

331,234 |  | 442,450 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 2,116 |  | 11,014 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 23,882 |  | 28,290 |  |

| Between one and five years | 43,357 |  | 9,430 |  |

67,239 |  | 37,720 |  |

10. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is D W Westall by virtue of their controlling interest in the allotted share capital of the company.