REGISTERED NUMBER: 10974158 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

SO51 CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

Mr S Jones

REGISTERED OFFICE:

Chilworth Point

1 Chilworth Road

Southampton

Hampshire

SO16 7JQ

REGISTERED NUMBER:

10974158 (England and Wales)

ACCOUNTANTS:

Rothmans LLP

Chartered Accountants

Chilworth Point

1 Chilworth Road

Southampton

Hampshire

SO16 7JQ

FIXED ASSETS

Tangible assets

4

29,255

36,569

Investments

5

207,519

-

236,774

36,569

CURRENT ASSETS

Debtors

6

2,790

31,898

Cash at bank

11,057

4,609

13,847

36,507

CREDITORS

Amounts falling due within one year

7

232,785

182,517

NET CURRENT LIABILITIES

(218,938

)

(146,010

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,836

(109,441

)

CREDITORS

Amounts falling due after more than one year

8

-

(5,016

)

PROVISIONS FOR LIABILITIES

(9,194

)

(9,142

)

NET ASSETS/(LIABILITIES)

8,642

(123,599

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,542

(123,699

)

8,642

(123,599

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 30 April 2026 and were signed by:

Mr S Jones - Director

1.	STATUTORY INFORMATION

SO51 Consultancy 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 as modified by the revaluation of certain assets.

TURNOVER

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

TANGIBLE FIXED ASSETS

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

Computer equipment

-

20% on reducing balance

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.

CURRENT ASSET INVESTMENTS

Investments are stated at current cost using stock market valuations and the gain or loss recognised in the profit and loss account in the period to which it relates.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 October 2024

and 30 September 2025

94,496

DEPRECIATION

At 1 October 2024

57,927

Charge for year

7,314

At 30 September 2025

65,241

NET BOOK VALUE

At 30 September 2025

29,255

At 30 September 2024

36,569

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

200,000

Revaluations

7,519

At 30 September 2025

207,519

NET BOOK VALUE

At 30 September 2025

207,519

Cost or valuation at 30 September 2025 is represented by:

Other

investments

£

Valuation in 2025

7,519

Cost

200,000

207,519

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

30,000

Other debtors

2,790

1,898

2,790

31,898

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,016

8,600

Amounts owed to group undertakings

138,915

-

Tax

43,022

-

Social security and other taxes

9,920

147,751

VAT

24,055

8,627

Directors' current accounts

10,225

15,954

Accrued expenses

1,632

1,585

232,785

182,517

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

5,016

9.	RELATED PARTY DISCLOSURES

At the beginning of the year this company was owed £30,000 by an associated company, various payments were made by this associated company during the year such that £138,531 was due from this company to the associated company at the year end. No interest is being charged on this balance and it is repayable on demand.

Payments were also received from another associated company during the year totalling £384, no repayments were made so this balance was due from this company to the associated company at the year end. No interest is being charged on this balance and it is repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Upload Group Limited.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SO51 Consultancy Limited for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of SO51 Consultancy Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SO51 Consultancy Limited and state those matters that we have agreed to state to the director of SO51 Consultancy Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SO51 Consultancy Limited and its director for our work or for this report.

It is your duty to ensure that SO51 Consultancy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SO51 Consultancy Limited. You consider that SO51 Consultancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SO51 Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans LLP

Chartered Accountants

Chilworth Point

1 Chilworth Road

Southampton

Hampshire

SO16 7JQ

Date: .............................................