Company registration number 12168847 (England and Wales)
STREET GROUP LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
STREET GROUP LTD
COMPANY INFORMATION
Directors
T J M Staff
H L Staff
P E Carway
Company number
12168847
Registered office
11-13 Spear Street
Manchester
M1 1JU
Auditor
Alexander & Co LLP
Centurion House
129 Deansgate
Manchester
M3 3WR
STREET GROUP LTD
CONTENTS
Page
Strategic report
1 - 2
Directors' report
3 - 4
Independent auditor's report
5 - 8
Profit and loss account
9
Group statement of comprehensive income
10
Group balance sheet
11
Company balance sheet
12
Group statement of changes in equity
13
Company statement of changes in equity
14
Group statement of cash flows
15
Notes to the financial statements
16 - 30
STREET GROUP LTD
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

The directors present the strategic report for the year ended 31 December 2025.

Street Group Ltd is the parent company of a group providing software-as-a-service products to UK estate and letting agents. The Group operates two platforms: Spectre (spectre.uk.com), a marketing and prospecting tool for agents; and Street.co.uk, an operating system and CRM for agents. All Group employees are engaged through the wholly owned subsidiary, Agent Software Ltd.

Strategy

The Group’s strategy is to provide market-leading software at the centre of agents’ business operations, serving both the sales and lettings markets through its complementary Spectre and Street.co.uk platforms. The Group continues to innovate and deliver the highest quality PropTech solutions in the market.

Business review

Revenue for the year was £15,936,619 with strong growth across all products as the group continues to increase market share across all customer segments. The Group continued this year-on-year growth alongside delivering a profit and maintaining high levels of customer support and satisfaction. Significant investment in product development continued during the year to continue to deliver the highest quality innovative solutions to agents, with qualifying costs capitalised in accordance with applicable accounting standards.

Principal risks and uncertainties

Cyber security and system availability

As a provider of cloud-based software, the Group stores customer data within third-party data centres. Platform availability and data security are critical to the Group’s operations and client relationships. The directors invest in infrastructure resilience, information security controls and technical expertise to manage this risk.

Product and technology

The directors consider product quality and continued development to be central to the Group’s competitive position. Research and development activity is ongoing across both platforms, with qualifying costs capitalised in accordance with applicable accounting standards.

People

The Group is dependent on attracting and retaining skilled engineering, product and commercial staff. This risk is addressed through competitive remuneration, investment in training and development, and maintaining a positive working environment.

Key performance indicators

| 2025 | 2024
| £ | £
Turnover | 15,936,619 | 11,375,807
Gross Profit | 11,516,220 | 7,831,679
Net Assets | 9,002,999 | 8,055,752

Note: The 2024 comparative profit and loss information within the key performance indicators section has been adjusted down to a 12 month average to enable like-for-like comparison.

STREET GROUP LTD
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -

On behalf of the board

T J M Staff
Director
16 April 2026
STREET GROUP LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -

The directors present their annual report and financial statements for the year ended 31 December 2025.

Principal activities

The principal activity of the company and group continued to be that of the development and provision of software, including subscription‑based software services.

Results and dividends

The results for the year are set out on page 9.

No ordinary dividends were paid. The directors do not recommend payment of a further dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

T J M Staff
H L Staff
P E Carway
Auditor

Alexander & Co LLP were appointed as auditor to the group and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting.

Statement of directors' responsibilities

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

United Kingdom company law requires the directors to prepare financial statements for each financial year. Under that law, the directors have elected to prepare the group and parent company financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and parent company, and of the profit or loss of the group for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- state whether applicable U nited K ingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the group and parent company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group’s and parent company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and parent company, and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and parent company, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the auditor of the company is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the auditor of the company is aware of that information.

STREET GROUP LTD
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
Medium-sized companies exemption

This report has been prepared in accordance with the provisions applicable to groups and companies entitled to the exemptions of the small companies regime.

On behalf of the board
T J M Staff
Director
16 April 2026
STREET GROUP LTD
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF STREET GROUP LTD
- 5 -
Opinion

We have audited the financial statements of Street Group Ltd (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 December 2025 which comprise the group profit and loss account, the group statement of comprehensive income, the group balance sheet, the company balance sheet, the group statement of changes in equity, the company statement of changes in equity, the group statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the group's and the parent company's affairs as at 31 December 2025 and of the group's 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.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- T he information given in the strategic report and the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- The strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

STREET GROUP LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF STREET GROUP LTD
- 6 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and their environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report or the directors' r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

- the parent company financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the group's and parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or parent company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Capability of the audit in detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Based on our understanding of the company, we identified that the principal risks of non-compliance with laws and regulations related to breaches of the legal and regulatory framework that the company operates in. We considered the extent to which non-compliance might have a material effect on the financial statements. The key laws and regulations we considered in this context included Companies Act 2006, GDPR, employment law, health and safety and tax legislation.

We also evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to the posting of inappropriate journal entries to manipulate financial results and potential management bias in accounting estimates.

STREET GROUP LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF STREET GROUP LTD
- 7 -

As a result of the above, our audit procedures performed included:

- Discussions with management and those charged with governance in relation to known or suspected instances of non-compliance with laws and regulation and fraud.

- Agreeing financial statements disclosures to underlying supporting documentation and assessing compliance with relevant laws and regulations.

- Testing the appropriateness of journal entries and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

- Assessing whether the judgements made in making accounting estimates are indicative of a potential bias.

- Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.

There are inherent limitations in the audit procedures described above. The test nature and other inherent limitations of an audit, together with the inherent limitations of any accounting and internal control system, mean that there is an unavoidable risk that even some material misstatements in respect of irregularities may remain undiscovered even though the audit is properly planned and performed in accordance with ISAs (UK).

We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

Our examination should therefore not be relied upon to disclose all such material misstatements or frauds, errors or instances of non-compliance that might exist. The responsibility for safeguarding the assets of the company and for the prevention and detection of fraud, error and non-compliance with law or regulations rests with the directors of Street Group Limited.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Other matters which we are required to address

I n the previous accounting period, the directors took advantage of the exemption from audit under section 477 of the Companies Act 2006 in respect of small companies. Accordingly, the prior period financial statements were not subject to audit.

Our audit procedures in respect of opening balances were limited to the work performed during the current period. Based on the audit work undertaken, we have not identified any matters that cause us to believe that the opening balances contain misstatements that materially affect the financial statements for the current period.

STREET GROUP LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF STREET GROUP LTD
- 8 -

Use of our report

This report is made solely to the parent company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the parent company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent company and the parent company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Gary Kramrisch (Senior Statutory Auditor)
For and on behalf of Alexander & Co LLP, Statutory Auditor
Chartered Accountants
Centurion House
129 Deansgate
Manchester
M3 3WR
16 April 2026
STREET GROUP LTD
GROUP PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 9 -
Year
Period
ended
ended
31 December
31 December
2025
2024
Notes
£
£
Turnover
15,936,619
15,167,743
Cost of sales
(4,420,399)
(4,725,505)
Gross profit
11,516,220
10,442,238
Administrative expenses
(10,977,608)
(8,102,615)
Other operating income
708,003
253,535
Operating profit
3
1,246,615
2,593,158
Interest receivable and similar income
6
44,666
9,121
Interest payable and similar expenses
7
(4,257)
(49,267)
Profit before taxation
1,287,024
2,553,012
Tax on profit
8
(339,777)
(1,619,347)
Profit for the financial year
947,247
933,665
Profit for the financial year is all attributable to the owners of the parent company.
STREET GROUP LTD
GROUP STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2025
- 10 -
Year
Period
ended
ended
31 December
31 December
2025
2024
£
£
Profit for the year
947,247
933,665
Other comprehensive income
-
-
Total comprehensive income for the year
947,247
933,665
Total comprehensive income for the year is all attributable to the owners of the parent company.
STREET GROUP LTD
GROUP BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 11 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
9
9,586,922
7,405,296
Tangible assets
10
766,946
815,437
10,353,868
8,220,733
Current assets
Debtors
13
2,109,968
1,316,395
Cash at bank and in hand
1,774,778
2,727,904
3,884,746
4,044,299
Creditors: amounts falling due within one year
14
(3,085,561)
(2,235,777)
Net current assets
799,185
1,808,522
Total assets less current liabilities
11,153,053
10,029,255
Creditors: amounts falling due after more than one year
15
-
(28,007)
Provisions for liabilities
Deferred tax liability
17
2,150,054
1,945,496
(2,150,054)
(1,945,496)
Net assets
9,002,999
8,055,752
Capital and reserves
Called up share capital
20
1,046
1,046
Share premium account
1,805,677
1,805,677
Profit and loss reserves
7,196,276
6,249,029
Total equity
9,002,999
8,055,752

These financial statements have been prepared in accordance with the provisions relating to medium-sized groups.

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:
16 April 2026
T J M Staff
Director
Company registration number 12168847 (England and Wales)
STREET GROUP LTD
COMPANY BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 12 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
11
101
101
Current assets
Debtors
13
1,971,088
158,245
Cash at bank and in hand
11,845
1,823,710
1,982,933
1,981,955
Creditors: amounts falling due within one year
14
(7,144)
(2,160)
Net current assets
1,975,789
1,979,795
Net assets
1,975,890
1,979,896
Capital and reserves
Called up share capital
20
1,046
1,046
Share premium account
1,805,677
1,805,677
Profit and loss reserves
169,167
173,173
Total equity
1,975,890
1,979,896

As permitted by section 408 of the Companies Act 2006, the c ompany has not presented its own profit and loss account and related notes. The c ompany’s loss for the year was £4,006 (2024 - £3,158 profit).

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

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:
16 April 2026
T J M Staff
Director
Company registration number 12168847 (England and Wales)
STREET GROUP LTD
GROUP STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
- 13 -
Share capital
Share premium account
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 September 2023
1,000
-
0
5,315,364
5,316,364
Period ended 31 December 2024:
Profit and total comprehensive income
-
-
933,665
933,665
Issue of share capital
20
46
1,805,677
-
1,805,723
Balance at 31 December 2024
1,046
1,805,677
6,249,029
8,055,752
Year ended 31 December 2025:
Profit and total comprehensive income
-
-
947,247
947,247
Balance at 31 December 2025
1,046
1,805,677
7,196,276
9,002,999
STREET GROUP LTD
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
- 14 -
Share capital
Share premium account
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 September 2023
1,000
-
0
170,015
171,015
Period ended 31 December 2024:
Profit and total comprehensive income for the period
-
-
3,158
3,158
Issue of share capital
20
46
1,805,677
-
1,805,723
Balance at 31 December 2024
1,046
1,805,677
173,173
1,979,896
Year ended 31 December 2025:
Profit and total comprehensive income
-
-
(4,006)
(4,006)
Balance at 31 December 2025
1,046
1,805,677
169,167
1,975,890
STREET GROUP LTD
GROUP STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 15 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
23
2,583,774
4,005,518
Interest paid
(4,257)
(49,267)
Income taxes refunded
-
637,412
Net cash inflow from operating activities
2,579,517
4,593,663
Investing activities
Purchase of intangible assets
(3,324,811)
(4,141,737)
Purchase of tangible fixed assets
(204,477)
(258,667)
Interest received
44,666
9,121
Net cash used in investing activities
(3,484,622)
(4,391,283)
Financing activities
Proceeds from issue of shares
-
1,805,723
Repayment of bank loans
(48,021)
(337,457)
Net cash (used in)/generated from financing activities
(48,021)
1,468,266
Net (decrease)/increase in cash and cash equivalents
(953,126)
1,670,646
Cash and cash equivalents at beginning of year
2,727,904
1,057,258
Cash and cash equivalents at end of year
1,774,778
2,727,904
STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 16 -
1
Accounting policies
Company information

Street Group Ltd (“the company”) is a private limited company domiciled and incorporated in England and Wales. The registered office is 11-13 Spear Street, Manchester, M1 1JU.

The group consists of Street Group Ltd and all of its subsidiaries.

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
Basis of preparation

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.

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.

The company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements for parent company information presented within the consolidated financial statements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

- Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

- Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 17 -
1.3
Business combinations

In the parent company financial statements, t he cost of a business combination is the fair value at the acquisition date of the assets given, equity instruments issued and liabilities incurred or assumed, plus costs directly attributable to the business combination. The excess of the cost of a business combination over the fair value of the identifiable assets, liabilities and contingent liabilities acquired is recognised as goodwill. The cost of the combination includes the estimated amount of contingent consideration that is probable and can be measured reliably, and is adjusted for changes in contingent consideration after the acquisition date. Provisional fair values recognised for business combinations in previous periods are adjusted retrospectively for final fair values determined in the 12 months following the acquisition date. I nvestments in subsidiaries, joint ventures and associates are accounted for at cost less impairment.

Deferred tax is recognised on differences between the value of assets (other than goodwill) and liabilities recognised in a business combination accounted for using the purchase method and the amounts that can be deducted or assessed for tax, considering the manner in which the carrying amount of the asset or liability is expected to be recovered or settled. The deferred tax recognised is adjusted against goodwill or negative goodwill.

1.4
Basis of consolidation

The consolidated group financial statements consist of the financial statements of the parent company Street Group Ltd together with all entities controlled by the parent company (its subsidiaries) and the group’s share of its interests in joint ventures and associates.

All financial statements are made up to 31 December 2025. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the g roup.

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

Subsidiaries are consolidated in the group’s financial statements from the date that control commences until the date that control ceases.

1.5
Going concern

A t the time of approving the financial statements, t he directors have a reasonable expectation that the group and parent company ha ve adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.6
Revenue

Revenue 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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 18 -
1.7
Research and development expenditure

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

1.8
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
33% straight line
Development costs
10% straight line
Asset purchase
33% straight line
1.9
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
20% straight line
Plant and equipment
20% straight line
Fixtures and fittings
20% straight line
Computers
33% straight line
Motor vehicles
20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

1.10
Fixed asset investments

Equity in vest ments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

I n the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 19 -
1.11
Impairment of fixed assets

At each reporting period end date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

The carrying amount of the investments accounted for using the equity method is tested for impairment as a single asset. Any goodwill included in the carrying amount of the investment is not tested separately for impairment.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.12
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.

1.13
Financial instruments

The group 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 group's balance sheet when the group becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and 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 m ethod 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 GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 20 -
Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

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 group 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. Amounts 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.

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 21 -
Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value th r ough profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

Derecognition of financial liabilities

Financial liabilities are derecognised when the group's contractual obligations expire or are discharged or cancelled.

1.14
Equity instruments

Equity instruments issued by the group 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 group.

1.15
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset if, and only if, there is a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 22 -
1.16
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.17
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.18
Share-based payments

Equity‑settled share‑based payment arrangements are assessed at the date of grant by reference to the fair value of the equity instruments granted. Where the fair value of the awards is assessed as nil or immaterial, no share‑based payment expense is recognised in the financial statements.

In such circumstances, no charge is recognised over the vesting period and no corresponding adjustment is made to equity or, where relevant, to the company’s investment in subsidiaries.

1.19
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the group’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.

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 23 -
3
Operating profit
2025
2024
£
£
Operating profit for the year is stated after charging/(crediting):
Exchange losses
2,497
6,369
Research and development costs
249,472
366,812
Government grants
(708,003)
(253,535)
Fees payable to the group's auditor for the audit of the group's financial statements
5,000
-
Auditors' remuneration - audit of subsidiaries
20,500
-
Auditors Remunertaion - taxation
15,000
18,000
Depreciation of tangible fixed assets
252,971
236,368
Amortisation of intangible assets
1,143,184
1,025,664
4
Employees

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

Group
Company
2025
2024
2025
2024
Number
Number
Number
Number
169
130
3
3

Their aggregate remuneration comprised:

Group
Company
2025
2024
2025
2024
£
£
£
£
Wages and salaries
5,941,235
4,296,180
-
0
-
0
Social security costs
1,079,619
800,440
-
-
Pension costs
626,886
193,589
-
0
-
0
7,647,740
5,290,209
-
0
-
0
STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 24 -
5
Directors' remuneration
2025
2024
£
£
Remuneration for qualifying services
402,000
118,915
Remuneration disclosed above includes the following amounts paid to the highest paid director:
2025
2024
£
£
Remuneration for qualifying services
201,000
59,458
6
Interest receivable and similar income
2025
2024
£
£
Interest income
Interest on bank deposits
44,635
7,535
Other interest income
31
1,586
Total income
44,666
9,121
7
Interest payable and similar expenses
2025
2024
£
£
Interest on bank overdrafts and loans
4,257
49,267
8
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
135,219
(281,335)
Deferred tax
Origination and reversal of timing differences
204,558
1,900,682
Total tax charge
339,777
1,619,347
STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
8
Taxation
(Continued)
- 25 -

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
1,287,024
2,553,012
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
321,756
638,253
Tax effect of expenses that are not deductible in determining taxable profit
18,021
69,484
Change in unrecognised deferred tax assets
-
0
911,610
Taxation charge
339,777
1,619,347
9
Intangible fixed assets
Group
Software
Development costs
Asset purchase
Total
£
£
£
£
Cost
At 1 January 2025
74,568
9,396,379
90,490
9,561,437
Additions
7,567
3,317,243
-
0
3,324,810
At 31 December 2025
82,135
12,713,622
90,490
12,886,247
Amortisation and impairment
At 1 January 2025
18,642
2,047,009
90,490
2,156,141
Amortisation charged for the year
25,360
1,117,824
-
0
1,143,184
At 31 December 2025
44,002
3,164,833
90,490
3,299,325
Carrying amount
At 31 December 2025
38,133
9,548,789
-
0
9,586,922
At 31 December 2024
55,926
7,349,370
-
0
7,405,296
The company had no intangible fixed assets at 31 December 2025 or 31 December 2024.
STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 26 -
10
Tangible fixed assets
Group
Leasehold improvements
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 January 2025
721,580
6,093
57,997
407,527
66,190
1,259,387
Additions
60,506
-
0
-
0
143,974
-
0
204,480
At 31 December 2025
782,086
6,093
57,997
551,501
66,190
1,463,867
Depreciation and impairment
At 1 January 2025
105,070
6,093
44,211
251,509
37,067
443,950
Depreciation charged in the year
139,638
-
0
4,519
101,830
6,984
252,971
At 31 December 2025
244,708
6,093
48,730
353,339
44,051
696,921
Carrying amount
At 31 December 2025
537,378
-
0
9,267
198,162
22,139
766,946
At 31 December 2024
616,510
-
0
13,786
156,018
29,123
815,437
The company had no tangible fixed assets at 31 December 2025 or 31 December 2024.
11
Fixed asset investments
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Investments in subsidiaries
12
-
0
-
0
101
101
Movements in fixed asset investments
Company
Shares in subsidiaries
£
Cost or valuation
At 1 January 2025 and 31 December 2025
101
Carrying amount
At 31 December 2025
101
At 31 December 2024
101
STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 27 -
12
Subsidiaries

Details of the company's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Street Systems Ltd
11-13 Spear Street, Manchester, England, M1 1JU
Ordinary
100.00
Agent Software Ltd
11-13 Spear Street, Manchester, England, M1 1JU
Ordinary
100.00
13
Debtors
Group
Company
2025
2024
2025
2024
Amounts falling due within one year:
£
£
£
£
Trade debtors
672,355
633,416
-
0
-
0
Corporation tax recoverable
1,085,388
512,604
-
0
-
0
Amounts owed by group undertakings
-
0
-
0
1,971,088
150,437
Other debtors
41,310
47,334
-
0
5,537
Prepayments and accrued income
310,915
123,041
-
0
2,271
2,109,968
1,316,395
1,971,088
158,245
14
Creditors: amounts falling due within one year
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans
16
28,009
48,023
-
0
-
0
Trade creditors
368,219
278,153
-
0
-
0
Other taxation and social security
1,098,847
775,793
-
0
-
0
Other creditors
130,671
57,365
-
0
-
0
Accruals and deferred income
1,459,815
1,076,443
7,144
2,160
3,085,561
2,235,777
7,144
2,160
15
Creditors: amounts falling due after more than one year
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans and overdrafts
16
-
0
28,007
-
0
-
0
STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 28 -
16
Loans and overdrafts
Group
Company
2025
2024
2025
2024
£
£
£
£
Bank loans
28,009
76,030
-
0
-
0
Payable within one year
28,009
48,023
-
0
-
0
Payable after one year
-
0
28,007
-
0
-
0
17
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the group and company, and movements thereon:

Liabilities
Liabilities
2025
2024
Group
£
£
Accelerated capital allowances
2,532,202
1,998,593
Tax losses
(370,760)
(41,590)
Retirement benefit obligations
(11,388)
(11,507)
2,150,054
1,945,496
The company has no deferred tax assets or liabilities.
Group
Company
2025
2025
Movements in the year:
£
£
Liability at 1 January 2025
1,945,496
-
Charge to profit or loss
204,558
-
Liability at 31 December 2025
2,150,054
-

The deferred tax liability set out above is expected to reverse within 10 years and relates to accelerated capital allowances that are expected to mature within the same period.

18
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
626,886
193,589

A defined contribution pension scheme is operated for all qualifying employees. The assets of the scheme are held separately from those of the group in an independently administered fund.

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 29 -
19
Share-based payment transactions

The Company operates Enterprise Management Incentive (EMI) and Unapproved share option schemes for employees. At 31 December 2025, options over 428,500 shares were outstanding (2024: 444,500), held by 68 employees and 1 non-executive (2024: 70 employees and 1 non-executive), with an average exercise price of £0.90 per share. No options were exercised or expired during the year; 16,000 options lapsed following employee s leaving employment during the year.

Options vest on an Exit Event or lapse after 10 years.

20
Share capital
Group and company
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of 0.01p each
751,778
751,778
76
76
Ordinary B of 0.01p each
9,703,845
9,703,845
970
970
10,455,623
10,455,623
1,046
1,046
21
Financial commitments, guarantees and contingent liabilities

Street Group 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.

22
Related party transactions

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).

STREET GROUP LTD
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 30 -
23
Cash generated from group operations
2025
2024
£
£
Profit after taxation
947,247
933,665
Adjustments for:
R&D Credit
(708,003)
(512,604)
Taxation charged
339,777
1,900,682
Finance costs
4,257
49,267
Investment income
(44,666)
(9,121)
Amortisation and impairment of intangible assets
1,143,184
1,025,665
Depreciation and impairment of tangible fixed assets
252,971
236,365
Movements in working capital:
Increase in debtors
(220,791)
(196,647)
Increase in creditors
869,798
578,246
Cash generated from operations
2,583,774
4,005,518
24
Analysis of changes in net funds - group
1 January 2025
Cash flows
31 December 2025
£
£
£
Cash at bank and in hand
2,727,904
(953,126)
1,774,778
Borrowings excluding overdrafts
(76,030)
48,021
(28,009)
2,651,874
(905,105)
1,746,769
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2023-08-31 12168847 2023-08-31 12168847 core:ShareCapital 2023-08-31 12168847 core:SharePremium 2023-08-31 12168847 core:RetainedEarningsAccumulatedLosses 2023-08-31 12168847 core:ShareCapital bus:Consolidated 2023-09-01 2024-12-31 12168847 core:SharePremium bus:Consolidated 2023-09-01 2024-12-31 12168847 core:ShareCapital 2023-09-01 2024-12-31 12168847 core:SharePremium 2023-09-01 2024-12-31 12168847 bus:Consolidated 2023-08-31 12168847 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 12168847 core:ComputerSoftware 2025-01-01 2025-12-31 12168847 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 12168847 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 12168847 core:LeaseholdImprovements 2025-01-01 2025-12-31 12168847 core:PlantMachinery 2025-01-01 2025-12-31 12168847 core:FurnitureFittings 2025-01-01 2025-12-31 12168847 core:ComputerEquipment 2025-01-01 2025-12-31 12168847 core:MotorVehicles 2025-01-01 2025-12-31 12168847 core:UKTax bus:Consolidated 2025-01-01 2025-12-31 12168847 core:UKTax bus:Consolidated 2023-09-01 2024-12-31 12168847 core:ComputerSoftware bus:Consolidated 2024-12-31 12168847 core:DevelopmentCostsCapitalisedDevelopmentExpenditure bus:Consolidated 2024-12-31 12168847 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill bus:Consolidated 2024-12-31 12168847 bus:Consolidated 2024-12-31 12168847 core:ComputerSoftware core:ExternallyAcquiredIntangibleAssets bus:Consolidated 2025-01-01 2025-12-31 12168847 core:DevelopmentCostsCapitalisedDevelopmentExpenditure core:ExternallyAcquiredIntangibleAssets bus:Consolidated 2025-01-01 2025-12-31 12168847 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill core:ExternallyAcquiredIntangibleAssets bus:Consolidated 2025-01-01 2025-12-31 12168847 core:ExternallyAcquiredIntangibleAssets bus:Consolidated 2025-01-01 2025-12-31 12168847 core:ComputerSoftware 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