The notes on pages 3 to 7 form part of these financial statements.

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

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

The notes on pages 3 to 7 form part of these financial statements.

Salford Software Limited is a private company limited by shares incorporated in England and Wales. The registered office is 8 Exchange Quay, Salford, Manchester, M5 3EJ.

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 amounts 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.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the financial position and profit or loss of the group.

The financial statements of the company are consolidated in the financial statements of ProofID Holdings Ltd (formerly Hamsard 3657 Limited) which are available from Companies House.

The company is reliant upon the continuing financial support of the parent company and other group undertakings. The directors of those companies have confirmed that it is their intention to provide this support as necessary for the foreseeable future and as a minimum for the 12 month period from the date of approval of the financial statements.true

The directors have prepared financial forecasts until September 2027, which show the Group is cash generative (before rolled up interest charges and deferred loan repayments), whilst also investing in future growth. The Group has obtained financial support from the ultimate parent entity, which confirms that the existing facilities will not be called for repayment within the next 12 months.

At the time of approving the financial statements, the directors have a reasonable expectation that the Group, and therefore the company, has adequate resources to continue in operational existence for the foreseeable future, hence they continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash and cash equivalents are basic financial assets and include cash in hand.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets with no stated interest rate and receivable or payable within one year, which include other receivables and cash/ bank balances, are measured at transaction price. Any losses arising from impairment are recognised in profit and loss account in administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors and other loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both periods.

Recoverability of group debtors is a critical judgement. The directors consider that the balances are fully recoverable from expected future cashflows, including from future exit.

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

Directors' remuneration is borne by ProofID Limited, a fellow group subsidiary, and disclosed in its financial statements.

During the prior year, all employees in the company other than the directors were transferred to ProofID Limited.

Included in the amounts owed by group undertakings are balances which are repayable on demand but are not expected to be repaid within the next 12 months.

Other creditors relates solely to a Government backed Bounce Back Loan repayable across a 6 year term ending in 2026, and levies interest of 2.5% per annum.

There is a single class of ordinary shares. There are no restrictions of the distribution of dividends or the repayment of capital.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

The group's indebtedness to Maven Capital Partners UK LLP and Tc Loans Limited is secured by composite guarantee and debenture comprising fixed and floating charges over the assets of the company and all other companies within the group headed by ProofID Holdings Ltd (formerly Hamsard 3657 Limited) dated 8 May 2025, 25 September 2023, 10 January 2023 and 1 April 2022.

The company has taken advantage of the exemption available under section 33, paragraph 1A of FRS 102 from the requirement to disclose transactions with wholly owned group companies on the grounds that ProofID Holdings Ltd (formerly Hamsard 3657 Limited) prepares consolidated financial statements for the group.

The parent company is PIDHC Limited.

Consolidated accounts for ProofID Holdings Ltd (formerly Hamsard 3657 Limited), the smallest and largest group for which consolidated financial statements are prepared, are available from 8 Exchange Quay, Salford, Manchester, M5 3EJ.

At 30 September 2025. Salford Software Limited was controlled by Maven UK Regional Buyout Fund LP by virtue of its shareholding in ProofID Holdings Limited (formerly Hamsard 3657 Limited).