REGISTERED NUMBER: 14872096 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

SEKURO UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Allnutt

D J Fuller

M J Morgan

S J Turnball

SECRETARY:

S J Turnball

REGISTERED OFFICE:

10 John Street

London

WC1N 2EB

REGISTERED NUMBER:

14872096 (England and Wales)

AUDITORS:

Oury Clark Chartered Accountants

Statutory Auditors

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

4

4,260

1,443

CURRENT ASSETS

Debtors

5

71,685

15,791

Cash at bank

125,669

41,228

197,354

57,019

CREDITORS

Amounts falling due within one year

6

756,676

299,320

NET CURRENT LIABILITIES

(559,322

)

(242,301

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(555,062

)

(240,858

)

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

(556,062

)

(241,858

)

SHAREHOLDERS' FUNDS

(555,062

)

(240,858

)

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 30 April 2026 and were signed on its behalf by:

D J Fuller - Director

1.	STATUTORY INFORMATION

Sekuro UK Ltd 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.

After making enquiries, the directors have reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, due to having support from its ultimate parent company, Sekuro Limited, being a period in excess of 12 months and 1 day from the date these financial statements were approved, accordingly they continue to adopt the going concern basis in preparing the financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The Company has three streams of turnover:

1. Managed security services

2. Governance, Risk and Compliance (GRC) services

3. Sales of goods

Managed security services sales are recognised on a straight line basis over the contract period.

GRC services sales are recognised over time as the services are rendered based on either a fixed price or an hourly or daily rate.

Sales of goods, including software and hardware, are recognised at the point in time when the customer obtains control of the goods, which is generally at the time of delivery. The company acts as an agent in sale of software, so accordingly, turnover is recognised only in respect of the commission earned by the company.

Tangible fixed assets

Tangible assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life as below:

Computer equipment - straight line 33.3%

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.

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.

Financial instruments

Basic Financial Instruments are covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any other Financial Instruments as covered by Section 12 of FRS102.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

1,484

Additions

3,878

At 30 June 2025

5,362

DEPRECIATION

At 1 July 2024

41

Charge for year

1,061

At 30 June 2025

1,102

NET BOOK VALUE

At 30 June 2025

4,260

At 30 June 2024

1,443

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

as restated

£

£

Trade debtors

16,724

-

Other debtors

54,961

15,791

71,685

15,791

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

as restated

£

£

Trade creditors

50,948

34,091

Amounts owed to group undertakings

388,358

238,618

Taxation and social security

25,414

4,435

Other creditors & accruals

291,956

22,176

756,676

299,320

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

as restated

£

£

1,000

Ordinary

£1

1,000

1,000

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

The Report of the Auditors was unqualified.

Zara Porter (Senior Statutory Auditor)

for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:

"Use of our report

This report is made solely to the 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 company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

9.	POST BALANCE SHEET EVENTS

The Sekuro group was acquired after the reporting date but before the financial statements were authorised for issue. The acquisition has no financial effect on Sekuro UK Ltd.

10.	ULTIMATE PARENT COMPANY

The immediate parent company, is Sekuro Operations Pty Ltd, a company incorporated in Australia.

As at the balance sheet date, the ultimate parent company is Sekuro Limited, a company incorporated in Australia. Sekuro Limited is the smallest and largest undertaking which consolidates the financial statements.

As of 4 November, the ultimate parent company is Insight Enterprises Inc., a publicly listed company incorporated in the United States with a registered office of 2701 E. Insight Way, Chandler, Arizona, 85286, USA.

Insight Enterprises Inc. is Nasdaq-listed and its consolidated financial statements are available publicly online.