REGISTERED NUMBER: 09832667 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Reviso Cloud Accounting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E Causero

S Ferraresi

REGISTERED OFFICE:

Second Floor, Kirkland House

11-15 Peterborough Road

Harrow

Middlesex

HA1 2AX

REGISTERED NUMBER:

09832667 (England and Wales)

AUDITORS:

Grant Harrod Lerman Davis LLP

Chartered Accountants

Statutory Auditors

Second Floor, Kirkland House

11-15 Peterborough Road

Harrow

Middlesex

HA1 2AX

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Debtors

5

25,617

14,416

Cash at bank

43,516

42,070

69,133

56,486

CREDITORS

Amounts falling due within one year

6

(28,284

)

(18,487

)

NET CURRENT ASSETS

40,849

37,999

TOTAL ASSETS LESS CURRENT LIABILITIES

40,850

38,000

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

40,849

37,999

SHAREHOLDERS' FUNDS

40,850

38,000

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 14 April 2026 and were signed on its behalf by:

S Ferraresi - Director

1.	STATUTORY INFORMATION

Reviso Cloud Accounting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

At the balance sheet date and at the time of signing these accounts, the directors have a reasonable expectation that the company has adequate resources to continue to trade for a period of at least 12 months from the date of signing these accounts.

The directors have reviewed their financial forecasts and they show that the company has sufficient funding available to it during the foreseeable future. Accordingly, the directors believe it appropriate to continue preparing the accounts on a going concern basis.

Turnover

Turnover represents provision of software services to customers net of value added tax. Revenue is recognised when the service is provided to the customer.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as a basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

894

DEPRECIATION

At 1 January 2025

and 31 December 2025

893

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,603

416

Amounts owed by group undertakings

16,014

14,000

25,617

14,416

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

37

858

Amounts owed to group undertakings

-

3,900

Taxation and social security

7,453

8,521

Other creditors

20,794

5,208

28,284

18,487

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

The Report of the Auditors was unqualified.

Roshni Prajapati FCCA (Senior Statutory Auditor)

for and on behalf of Grant Harrod Lerman Davis LLP

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £Nil (2024: £14,000) from Reviso Deutschland GmbH.

At the balance sheet date, the company were owed £16,014 (2024: owed to £3,900) to Reviso Int ApS, which is interest free.

Royalties of £35,608 (2024: £60,486) in respect of software services provided during the year were billed from Reviso Int ApS.

9.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10.	ULTIMATE PARENT COMPANY

During the year, the entire issued share capital of the company was acquired by TeamSystem S.p.A. from Reviso Int ApS. As a result of this transaction, TeamSystem S.p.A. became the ultimate parent undertaking and controlling party of the company.

The registered office of TeamSystem S.p.A. is Via Gagarin 205, 61122 Pesaro (PU)

Consolidated financial statements are prepared by TeamSystem S.p.A., in which the company is included. Copies of these consolidated financial statements can be obtained from the registered office of TeamSystem S.p.A..