Tricad Solutions Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Tricad Solutions Limited for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tricad Solutions Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Tricad Solutions Limited , as a body, in accordance with the terms of our engagement letter dated 15 July 2023. Our work has been undertaken solely to prepare for your approval the accounts of Tricad Solutions Limited and state those matters that we have agreed to state to the directors of Tricad Solutions Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tricad Solutions Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Tricad Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Tricad Solutions Limited . You consider that Tricad Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Tricad Solutions Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

01/07/2026

Bishops Chartered Accountants

ICAEW

Bishops Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

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Tricad Solutions Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 04587613

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		128,630		124,489

			128,630		124,489
CURRENT ASSETS
Stocks	5	4,955		4,016
Debtors	6	67,631		61,081
Cash at bank and in hand		55,618		52,917

		128,204		118,014
Creditors: Amounts Falling Due Within One Year	7	(118,446 )		(133,664 )

NET CURRENT ASSETS (LIABILITIES)			9,758		(15,650 )

TOTAL ASSETS LESS CURRENT LIABILITIES			138,388		108,839

Creditors: Amounts Falling Due After More Than One Year	8		(13,146 )		(19,264 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(32,158 )		(18,703 )

NET ASSETS			93,084		70,872

CAPITAL AND RESERVES
Called up share capital	10		78		78
Profit and Loss Account			93,006		70,794

SHAREHOLDERS' FUNDS			93,084		70,872

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Tricad Solutions Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M Drummond Director	Mr A Derbyshire Director	Mr M Wilkin Director
01/07/2026

The notes on pages 4 to 7 form part of these financial statements.

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Tricad Solutions Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Tricad Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04587613 . The registered office is 2 Berkshire Close, Wilpshire, Blackburn, Lancashire, BB1 9NG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Fixtures & Fittings	15% on reducing balance
Computer Equipment	33% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Tricad Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 7)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	355,350	4,859	59,063	419,272
Additions	35,057	-	5,464	40,521

As at 31 March 2026	390,407	4,859	64,527	459,793

...CONTINUED

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Tricad Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	237,162	4,725	52,896	294,783
Provided during the period	32,466	20	3,894	36,380

As at 31 March 2026	269,628	4,745	56,790	331,163

Net Book Value
As at 31 March 2026	120,779	114	7,737	128,630

As at 1 April 2025	118,188	134	6,167	124,489

5. Stocks

	2026	2025
	£	£
Work in progress	4,955	4,016

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	48,192	38,889
Prepayments and accrued income	19,439	22,192

	67,631	61,081

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	34,590	25,956
Trade creditors	26,963	24,344
Bank loans and overdrafts	1,763	28,302
Other creditors	13,784	22,295
Taxation and social security	41,346	32,767

	118,446	133,664

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	13,146	17,061
Bank loans	-	2,203

	13,146	19,264

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Tricad Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	34,590	25,956
Later than one year and not later than five years	13,146	17,061

	47,736	43,017

	47,736	43,017

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	78	78

Ordinary shares were re-designated into A, B, and C classes during the financial year.

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