REGISTERED NUMBER: 04335457 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ONGUARD UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A M Kom

SECRETARY:

A M Kom

REGISTERED OFFICE:

Corner Oak

1 Homer Road

Solihull

B91 3QG

REGISTERED NUMBER:

04335457 (England and Wales)

AUDITORS:

Prime

Chartered Accountants

Statutory Auditor

Corner Oak

1 Homer Road

Solihull

B91 3QG

SOLICITORS:

Howes Percival

The Guildyard

51 Colegate

Norwich

NR3 1DD

CURRENT ASSETS

Debtors

4

457,659

1,598,552

Cash at bank

203,146

138,832

660,805

1,737,384

CREDITORS

Amounts falling due within one year

5

407,206

1,607,044

NET CURRENT ASSETS

253,599

130,340

TOTAL ASSETS LESS CURRENT LIABILITIES

253,599

130,340

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

253,499

130,240

SHAREHOLDERS' FUNDS

253,599

130,340

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 29 May 2026 and were signed by:

A M Kom - Director

1.	STATUTORY INFORMATION

OnGuard 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.

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 on a basis other than going concern, as the directors have decided to move all operations to another group company and to liquidate the company on 31 December 2026. Assets have been revalued to their net realisable value, and liabilities have been adjusted to their estimated settlement amounts.

Turnover

Turnover represents the value of services and supplies invoiced to customers, excluding value added tax.

The company secures contracts for the supply and maintenance of software, invoicing a 50% deposit on signing the contract and the balance on supply of the software. The company recognises the maintenance element of the contracts in turnover during the period to which the contract relates.

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

164,526

540,354

Deferred cost of sales

293,133

1,058,198

457,659

1,598,552

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

916

1,002

Amounts owed to group undertakings

-

941,703

Tax

(2,568

)

1,092

Social security and other taxes

51,903

118,488

Other creditors

356,955

544,759

407,206

1,607,044

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

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

The Report of the Auditors was unqualified.

We draw attention to Note 2 in the financial statements, which indicates that the directors have decided to cease trading and liquidate the company. As a result, the financial statements have been prepared on a basis other than going concern, whereby the assets are recorded at their net realisable value. Our opinion is not modified in respect of this matter.

Jeremy Kitson BA FCA (Senior Statutory Auditor)

for and on behalf of Prime

8.	RELATED PARTY DISCLOSURES

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.

9.	ULTIMATE PARENT COMPANY

Hg Capital Trust plc is regarded by the director as being the company's ultimate parent company.

The immediate parent company is Norvato B.V. (incorporated in Netherlands)., registered office address Plotterweg 38, 3821BB Amersfoort, The Netherlands