GROUP BUSINESS SOFTWARE (UK) LTD.


Directors	Sharon Jane Anderton
	Claire Ann Dunning
	Anthony Matthew Holman
	Brian Richard Sherwood
	Jayne Louise Smith


Registered Address	3000 Aviator Way
	Manchester Business Park
	Manchester
	M22 5TG


Registered Number	02313035 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		3,159		5,023
			3,159		5,023
Current assets
Debtors		34,319		13,437
Cash at bank and on hand		35,408		45,600
		69,727		59,037
Creditors amounts falling due within one year		(98,204)		(150,504)
Net current assets (liabilities)			(28,477)		(91,467)
Total assets less current liabilities			(25,318)		(86,444)
Creditors amounts falling due after one year			-		(156,783)
Net assets			(25,318)		(243,227)
Capital and reserves
Called up share capital			50		50
Share premium			58,790		58,790
Other reserves			967,522		769,440
Profit and loss account			(1,051,680)		(1,071,507)
Shareholders' funds			(25,318)		(243,227)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 21 April 2026, and are signed on its behalf by:

Sharon Jane Anderton
Director
Registered Company No. 02313035

GROUP BUSINESS SOFTWARE (UK) LTD.

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities. The financial statements are prepared in sterling, which is the functional currency of the entity.

	Going concern
	As at 31 December 2025, the company had net liabilities of £25,318, of which £28,477 are net current liabilities. Included within current liabilities is deferred income of £69,746, which is income received in advance to be recognised as sales in the next accounting period. After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

Going concern

As at 31 December 2025, the company had net liabilities of £25,318, of which £28,477 are net current liabilities. Included within current liabilities is deferred income of £69,746, which is income received in advance to be recognised as sales in the next accounting period. 

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover represents the total invoice value, excluding value added tax, of sales made during the year. Revenue represents the company's right to consideration and is recognised once the services have been performed and completed. Revenue from maintenance and services contracts is recognised over the period to which the contract relates with revenue to post balance sheet being deferred at the balance sheet date. Deferred income represents revenue invoiced in advance of services that have not yet been rendered to clients.

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Revenue represents the company's right to consideration and is recognised once the services have been performed and completed.

Revenue from maintenance and services contracts is recognised over the period to which the contract relates with revenue to post balance sheet being deferred at the balance sheet date.

Deferred income represents revenue invoiced in advance of services that have not yet been rendered to clients.

	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.

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.

	Defined contribution pension plan
	Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

	Foreign currency translation
	Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

	Intangible assets
	Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that assets as follows: Intellectual property & software - 20% straight line If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that assets as follows:

Intellectual property & software - 20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

	Tangible fixed assets and depreciation
	Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 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 credited or charged to profit or loss. The assets useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect on any change is accounted prospectively.

Tangible fixed assets and depreciation

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

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 credited or charged to profit or loss.

The assets useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect on any change is accounted prospectively.


		Straight line (years)
	Fixtures and fittings	3

	Financial instruments
	Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest fora similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest fora similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		5

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 January 25	537,744
	At 31 December 25	537,744
	Amortisation and impairment
	At 01 January 25	537,744
	At 31 December 25	537,744
	Net book value
	At 31 December 25	-
	At 31 December 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 25	5,649
	At 31 December 25	5,649
	Depreciation and impairment
	At 01 January 25	626
	Charge for year	1,864
	At 31 December 25	2,490
	Net book value
	At 31 December 25	3,159
	At 31 December 24	5,023