Company registration number 10118053 (England and Wales)
PROVISIONPOINT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
PROVISIONPOINT LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
PROVISIONPOINT LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,059
1,579
Current assets
Debtors
4
280,255
243,441
Cash at bank and in hand
197,963
43,623
478,218
287,064
Creditors: amounts falling due within one year
5
(525,898)
(372,860)
Net current liabilities
(47,680)
(85,796)
Net liabilities
(45,621)
(84,217)
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
(45,721)
(84,317)
Total equity
(45,621)
(84,217)
PROVISIONPOINT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 2 June 2026
Mr P Baddeley
Director
Company Registration No. 10118053
PROVISIONPOINT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Provisionpoint Limited is a private company limited by shares incorporated in England and Wales. The registered office is Phoenix House, 2 Phoenix Park, Eaton Socon, St Neots, Cambridgeshire, England, SG19 8EP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably.

1.4
Tangible fixed assets

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

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% reducing balance

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.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

PROVISIONPOINT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.7
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
5
4
3
Tangible fixed assets
Total
£
Cost
At 1 January 2025
3,250
Additions
975
At 31 December 2025
4,225
Depreciation and impairment
At 1 January 2025
1,672
Depreciation charged in the year
494
At 31 December 2025
2,166
Carrying amount
At 31 December 2025
2,059
At 31 December 2024
1,579
PROVISIONPOINT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
81,494
46,100
Corporation tax recoverable
12,802
6,789
Intercompany - Kwiz
110,015
110,015
Intercompany - Appficiency
48,362
48,362
Intercompany - NimbusPoint TopCo
4,746
-
Other debtors
610
82
Prepayments and accrued income
22,226
32,093
280,255
243,441
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
14,466
8,269
Other taxation and social security
41,263
19,814
Deferred income
417,196
342,183
Other creditors
30,074
258
Accruals and deferred income
22,899
2,336
525,898
372,860
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
7
Parent company

The entity is a subsidiary of Appficiency Inc. The ultimate controlling party's registered address is 5955 Airport Rd. Unit 218, Mississauga, ON, Canada, L4V 1W5.

2025-12-31 2025-01-01 false false false 02 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr P Baddeley 10118053 2025-01-01 2025-12-31 10118053 2025-12-31 10118053 2024-12-31 10118053 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 10118053 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10118053 core:ShareCapital 2025-12-31 10118053 core:ShareCapital 2024-12-31 10118053 core:RetainedEarningsAccumulatedLosses 2025-12-31 10118053 core:RetainedEarningsAccumulatedLosses 2024-12-31 10118053 core:ShareCapitalOrdinaryShareClass1 2025-12-31 10118053 core:ShareCapitalOrdinaryShareClass1 2024-12-31 10118053 bus:Director1 2025-01-01 2025-12-31 10118053 core:ComputerEquipment 2025-01-01 2025-12-31 10118053 2024-01-01 2024-12-31 10118053 2024-12-31 10118053 core:CurrentFinancialInstruments 2025-12-31 10118053 core:CurrentFinancialInstruments 2024-12-31 10118053 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 10118053 bus:OrdinaryShareClass1 2025-12-31 10118053 bus:OrdinaryShareClass1 2024-12-31 10118053 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10118053 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10118053 bus:FRS102 2025-01-01 2025-12-31 10118053 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 10118053 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP