REGISTERED NUMBER: 14261310 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

BYLTINSYTE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Anello

K Hochster

REGISTERED OFFICE:

Unit 58 1 Emma Street

London

E2 9FP

REGISTERED NUMBER:

14261310 (England and Wales)

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Intangible assets

4

-

61,385

Tangible assets

5

-

1,276

-

62,661

CURRENT ASSETS

Debtors

6

20,151

54,826

Cash at bank

13,119

-

33,270

54,826

CREDITORS

Amounts falling due within one year

7

58,683

114,571

NET CURRENT LIABILITIES

(25,413

)

(59,745

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,413

)

2,916

CAPITAL AND RESERVES

Called up share capital

8

120

120

Retained earnings

(25,533

)

2,796

SHAREHOLDERS' FUNDS

(25,413

)

2,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

K Hochster - Director

1.	STATUTORY INFORMATION

Byltinsyte Ltd 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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis as Total Synergy Aus Bidco Pty Ltd, the Parent Company, will continue to support the Company for a period of at least 12 months and one day from the date the balance sheet is signed.

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 represents amounts receivable for services provided in the ordinary course of business, net of value added tax and trade discounts.

The company provides business intelligence, data analytics, software implementation support and consultancy services. Revenue is recognised to the extent that it is probable that the economic benefits associated with the transaction will flow to the company and the amount of revenue can be measured reliably.

Revenue from implementation and development projects is recognised over the period in which the services are performed, by reference to the stage of completion of the contract at the reporting date. Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of recoverable costs incurred.

Revenue from ongoing support and maintenance contracts is recognised on a straight-line basis over the period in which the support services are provided.

Revenue from consultancy and other time-based services is recognised as the services are delivered and the company's entitlement to consideration arises.

Amounts invoiced in advance of the provision of services are included within deferred income and recognised in turnover in the period to which the services relate.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of eight years.

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.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment lossses. Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer & Office Equipment: Straight Line 50%

Financial instruments

Basic Financial Instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any other Financial Instruments as covered by Section 12 of FRS102.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

70,145

Disposals

(70,145

)

At 30 June 2025

-

AMORTISATION

At 1 July 2024

8,760

Charge for year

5,840

Eliminated on disposal

(14,600

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

61,385

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

1,701

Disposals

(1,701

)

At 30 June 2025

-

DEPRECIATION

At 1 July 2024

425

Eliminated on disposal

(425

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

1,276

6.

DEBTORS

30.6.25

30.6.24

£

£

Amounts falling due within one year:

Trade debtors

4,984

12,330

Amounts owed by group undertakings

15,167

34,116

Other debtors

-

7,245

20,151

53,691

30.6.25

30.6.24

£

£

Amounts falling due after more than one year:

Other debtors & prepayments

-

1,135

Aggregate amounts

20,151

54,826

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

-

16,467

Amounts owed to group undertakings

43,941

96,924

Taxation and social security

11,742

-

Other creditors & accruals

3,000

1,180

58,683

114,571

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

12,000

Ordinary

£0.01

120

120

9.	ULTIMATE CONTROLLING PARTY

The immediate parent company and ultimate controlling party is Total Synergy Aus Bidco Pty Ltd, a company incorporated in Australia.