REGISTERED NUMBER: 08339458 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

A&W SOFTWARE UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms J Schmidt

S W J Mason

D Tiegs

SECRETARY:

M Knipp

REGISTERED OFFICE:

C/O Hillier Hopkins LLP

First floor, Radius House,

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

REGISTERED NUMBER:

08339458 (England and Wales)

AUDITORS:

Hillier Hopkins LLP

Chartered Accountants and

Statutory Auditor

Radius House, 51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

CURRENT ASSETS

Debtors

4

22,813

64,096

Cash at bank

70,513

15,217

93,326

79,313

CREDITORS

Amounts falling due within one year

5

32,962

28,956

NET CURRENT ASSETS

60,364

50,357

TOTAL ASSETS LESS CURRENT LIABILITIES

60,364

50,357

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

59,364

49,357

SHAREHOLDERS' FUNDS

60,364

50,357

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 3 June 2026 and were signed on its behalf by:

Ms J Schmidt - Director

1.	STATUTORY INFORMATION

A&W Software UK 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.

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.

Going concern

The financial statements have been prepared on a going concern basis. In assessing going concern, the directors have considered all available information about the future, covering a period of at least 12 months from the date of approval of the financial statements. This assessment includes consideration of the company's liquidity position and the expected continuation of intra group service activities.

The company is dependent on the continued financial support of its parent undertaking, which has confirmed that it will provide such support for at least 12 months from the date of approval of these financial statements. This support forms a key part of the directors' assessment of the company's ability to continue as a going concern.

The approach taken is consistent with guidance issued by the Financial Reporting Council (FRC), which requires companies to provide transparent, company specific disclosures explaining how going concern conclusions have been reached and how solvency and liquidity risks have been considered.

Revenue recognition

Revenue from intra group service activities is recognised on a cost plus basis. Revenue is measured as the direct and indirect costs incurred in delivering services to group companies, together with a 5% mark up. This reflects the company's role as a routine service provider within the wider group.

The cost plus pricing method applied is consistent with the principles outlined in the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations, which recognise cost plus as an acceptable arm's length method for determining transfer prices for intra group services.

Revenue is recognised as the related services are performed, to the extent that the economic benefits are expected to flow to the company.

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.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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 contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £8,625 (2024 - £7,542). There were no prepaid or accrued contributions at the yearend (2024 - £nil).

Operating leases

Rentals paid under operating leases are charged to the profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

16,102

56,422

Other debtors

6,711

7,674

22,813

64,096

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

147

219

Taxation and social security

9,123

7,468

Other creditors

23,692

21,269

32,962

28,956

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

17,926

17,570

Between one and five years

12,570

29,944

30,496

47,514

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

The Report of the Auditors was unqualified.

Simon Speller FCA (Senior Statutory Auditor)

for and on behalf of Hillier Hopkins LLP

8.	RELATED PARTY DISCLOSURES

In accordance with paragraph 33.1A of FRS 102, there are no related party transactions that require disclosure as all transactions have been between wholly owned members of the group.

9.	ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is A+W Software GmbH , a company incorporated in Germany.

The ultimate parent undertaking and controlling entity is Constellation Software Inc., a company incorporated in Canada. The largest group in which the results of the company are consolidated is that headed by Constellation Software Inc.. The consolidated financial statements of this group are available to the public and may be obtained from Suite 1200, 20 Adelaide Street East, Toronto, Ontario, Canada.