REGISTERED NUMBER: 11467536 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SR CAMBRIDGE LIMITED

PREVIOUSLY KNOWN AS

THOMPSON TARAZ RAND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Rand

C Lockley FCCA

C Whiteoak

A Hoddinott

B J Howe

REGISTERED OFFICE:

1st Floor

5-7 Portugal Place

Cambridge

Cambridgshire

CB5 8AF

REGISTERED NUMBER:

11467536 (England and Wales)

ACCOUNTANTS:

TC Group

1st Floor

5-7 Portugal Place

Cambridge

Cambridgeshire

CB5 8AF

FIXED ASSETS

Intangible assets

5

64,604

168,502

Tangible assets

6

49,866

56,938

Investments

7

10,000

296,519

124,470

521,959

CURRENT ASSETS

Stocks

8

93,000

93,000

Debtors

9

562,351

517,218

Cash and cash equivalents

141,691

164,673

797,042

774,891

CREDITORS

Amounts falling due within one year

10

(598,970

)

(454,273

)

NET CURRENT ASSETS

198,072

320,618

TOTAL ASSETS LESS CURRENT LIABILITIES

322,542

842,577

CREDITORS

Amounts falling due after more than one year

11

-

(85,117

)

NET ASSETS

322,542

757,460

CAPITAL AND RESERVES

Called up share capital

5,002

5,002

Retained earnings

317,540

752,458

SHAREHOLDERS' FUNDS

322,542

757,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

A Rand - Director

1.	STATUTORY INFORMATION

SR Cambridge 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about SR Cambridge Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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 relates to the provision of accountancy, payroll, company secretarial and taxation services excluding VAT.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised evenly over their estimated useful life of seven years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Stocks represents work in progress at the year end.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Hire purchase

Assets acquired under hire purchase agreements are recognised as property, plant and equipment when the entity obtains the risks and rewards of ownership. The corresponding obligation to the lessor is recorded as a liability within creditors.

The asset is initially measured at the lower of the fair value of the asset and the present value of the minimum lease payments. The asset is subsequently depreciated over its useful life in accordance with the entity’s depreciation policy for owned assets. Interest and finance charges are recognised as an expense in the profit and loss account over the term of the agreement.

Operating Leases

Leases that do not transfer substantially all the risks and rewards incidental to ownership are classified as operating leases. Payments made under operating leases are charged to the profit and loss account on a straight-line basis over the lease term, unless another systematic basis is more representative of the time pattern of the user’s benefit.

Lease incentives, such as rent-free periods or contributions to leasehold improvements, are spread over the lease term on a straight-line basis unless another method better reflects the benefit obtained

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 25 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 September 2024

336,687

9,160

345,847

Impairments

(25,045

)

-

(25,045

)

At 31 August 2025

311,642

9,160

320,802

AMORTISATION

At 1 September 2024

172,452

4,893

177,345

Charge for year

78,000

853

78,853

At 31 August 2025

250,452

5,746

256,198

NET BOOK VALUE

At 31 August 2025

61,190

3,414

64,604

At 31 August 2024

164,235

4,267

168,502

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

98,603

Additions

5,394

At 31 August 2025

103,997

DEPRECIATION

At 1 September 2024

41,665

Charge for year

12,466

At 31 August 2025

54,131

NET BOOK VALUE

At 31 August 2025

49,866

At 31 August 2024

56,938

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

32,058

DEPRECIATION

At 1 September 2024

and 31 August 2025

12,433

NET BOOK VALUE

At 31 August 2025

19,625

At 31 August 2024

19,625

7.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

Other

undertakings

associate

investments

Totals

£

£

£

£

COST

At 1 September 2024

286,518

1

10,000

296,519

Disposals

-

(1

)

-

(1

)

Impairments

(286,518

)

-

-

(286,518

)

At 31 August 2025

-

-

10,000

10,000

NET BOOK VALUE

At 31 August 2025

-

-

10,000

10,000

At 31 August 2024

286,518

1

10,000

296,519

8.

STOCKS

2025

2024

£

£

Work-in-progress

93,000

93,000

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

375,480

162,604

Amounts owed by participating interests

92,700

170,501

Amounts owed by associates

-

109,977

Other debtors

94,171

74,136

562,351

517,218

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

36,000

20,833

Hire purchase contracts (see note 12)

22,166

9,865

Trade creditors

146,524

40,792

Amounts owed to group undertakings

77,800

17,977

Taxation and social security

199,311

197,647

Other creditors

117,169

167,159

598,970

454,273

11.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 12)

-

22,166

Other creditors

-

62,951

-

85,117

12.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

22,166

9,865

Between one and five years

-

22,166

22,166

32,031

Non-cancellable

operating leases

2025

2024

£

£

Within one year

55,800

108,375

Between one and five years

85,125

130,162

140,925

238,537

Liabilities held under hire purchase agreements are secured against the assets to which they relate.

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

A Rand

Balance outstanding at start of year

-

2,572

Amounts repaid

-

(2,572

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

14.	POST BALANCE SHEET EVENTS

The Company changed its name from Thompson Taraz Rand Limited to SR Cambridge Limited on 17th April 2026.

The Company also ceased to trade on 20th March 2026.