Company registration number 12168781 (England and Wales)
STREET SYSTEMS LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
STREET SYSTEMS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
STREET SYSTEMS LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
4
11,566,824
5,252,807
Cash at bank and in hand
363,427
505,221
11,930,251
5,758,028
Creditors: amounts falling due within one year
5
(789,711)
(469,373)
Net current assets
11,140,540
5,288,655
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
11,140,539
5,288,654
Total equity
11,140,540
5,288,655

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 April 2026 and are signed on its behalf by:
T J M Staff
Director
Company registration number 12168781 (England and Wales)
STREET SYSTEMS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Street Systems Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 11-13 Spear Street, Manchester, M1 1JU.

1.1
Reporting period

The prior period financial statements were prepared for a period of 16 months to 31 December 2024. Accordingly, the comparative figures, including the related notes, are not entirely comparable with those of the current financial period, which covers a 12‑month period.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

STREET SYSTEMS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
STREET SYSTEMS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
305,934
232,190
Other debtors
11,260,890
5,020,617
11,566,824
5,252,807
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
(215)
1,271
Taxation and social security
452,194
254,602
Other creditors
337,732
213,500
789,711
469,373
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Gary Kramrisch
Statutory Auditor:
Alexander & Co LLP
Date of audit report:
16 April 2026
STREET SYSTEMS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
8
Financial commitments, guarantees and contingent liabilities

Street Systems Limited is party to group banking arrangements under which it participates in cross‑banking and cross‑guarantee structures with other group companies.

Under these arrangements, the company has provided joint and several guarantees in respect of the banking facilities and other financial obligations of fellow group undertakings. The company has also granted security by way of fixed and floating charges over its assets and undertaking in favour of the lenders’ security trustee. The security includes charges over bank accounts, receivables, intellectual property and other assets, together with negative pledge provisions restricting the creation of additional security.

As a result of these arrangements, the company may be liable for the obligations of other group companies in the event of default by those entities.

No liability has been recognised in respect of these guarantees, as no defaults have occurred and it is not considered probable that a material outflow of economic benefits will be required at the reporting date.

9
Related party transactions

As the company is a wholly owned subsidiary of Street Group L t d, the company has taken advantage of the exemption contained in Financial Reporting Standard 102 and therefore has not disclosed transactions or balances with wholly owned members of the group.

The company has a cross guarantee with De Beauvoir Holdings L t d, a connected company. As such, the company fully guarantees the outstanding liability on the loan received by De Beauvoir Holdings L t d. At the reporting date, the total liability was £1,206,130 (2024: £1,283,121).

10
Parent company

The company's ultimate parent undertaking is Street Group L t d, a company incorporated in England and Wales. The financial statements of the parent can be obtained via Companies House.

The registered office of Street G roup L t d is 11-13 Spear Street, Manchester, England, M1 1JU.

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