Silverfin false false 31/12/2025 01/01/2025 31/12/2025 Mr R J McCaw Mr R J Neveu 06 July 2026 The principal activity of the Company is of communication software development and retail. 08534001 2025-12-31 08534001 2024-12-31 08534001 core:CurrentFinancialInstruments 2025-12-31 08534001 core:CurrentFinancialInstruments 2024-12-31 08534001 core:ShareCapital 2025-12-31 08534001 core:ShareCapital 2024-12-31 08534001 core:RetainedEarningsAccumulatedLosses 2025-12-31 08534001 core:RetainedEarningsAccumulatedLosses 2024-12-31 08534001 core:ComputerSoftware 2024-12-31 08534001 core:ComputerSoftware 2025-12-31 08534001 core:LeaseholdImprovements 2024-12-31 08534001 core:PlantMachinery 2024-12-31 08534001 core:FurnitureFittings 2024-12-31 08534001 core:OfficeEquipment 2024-12-31 08534001 core:LeaseholdImprovements 2025-12-31 08534001 core:PlantMachinery 2025-12-31 08534001 core:FurnitureFittings 2025-12-31 08534001 core:OfficeEquipment 2025-12-31 08534001 bus:OrdinaryShareClass1 2025-12-31 08534001 2025-01-01 2025-12-31 08534001 bus:FilletedAccounts 2025-01-01 2025-12-31 08534001 bus:SmallEntities 2025-01-01 2025-12-31 08534001 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 08534001 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08534001 bus:Director1 2025-01-01 2025-12-31 08534001 bus:Director2 2025-01-01 2025-12-31 08534001 core:ComputerSoftware core:TopRangeValue 2025-01-01 2025-12-31 08534001 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 08534001 core:PlantMachinery core:TopRangeValue 2025-01-01 2025-12-31 08534001 core:FurnitureFittings core:TopRangeValue 2025-01-01 2025-12-31 08534001 core:OfficeEquipment core:TopRangeValue 2025-01-01 2025-12-31 08534001 2024-01-01 2024-12-31 08534001 core:ComputerSoftware 2025-01-01 2025-12-31 08534001 core:LeaseholdImprovements 2025-01-01 2025-12-31 08534001 core:PlantMachinery 2025-01-01 2025-12-31 08534001 core:FurnitureFittings 2025-01-01 2025-12-31 08534001 core:OfficeEquipment 2025-01-01 2025-12-31 08534001 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 08534001 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08534001 (England and Wales)

# OUR PEOPLE LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

OUR PEOPLE LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

OUR PEOPLE LIMITED

## BALANCE SHEET

As at 31 December 2025
OUR PEOPLE LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 533,759 |  | 620,152
Tangible assets | 4 | 2,585 |  | 5,194
|  | 536,344 |  | 625,346
Current assets |  |  |  |
Debtors | 5 | 130,637 |  | 135,714
Cash at bank and in hand |  | 12,283 |  | 64,019
|  | 142,920 |  | 199,733
Creditors: amounts falling due within one year | 6 | ( 3,546,286) |  | ( 3,329,116)
Net current liabilities |  | (3,403,366) |  | (3,129,383)
Total assets less current liabilities |  | (2,867,022) |  | (2,504,037)
Net liabilities |  | ( 2,867,022) |  | ( 2,504,037)
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Profit and loss account |  | ( 2,867,122 ) |  | ( 2,504,137 )
Total shareholder's deficit |  | ( 2,867,022) |  | ( 2,504,037)

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Our People Limited (registered number: 08534001) were approved and authorised for issue by the Board of Directors on 06 July 2026. They were signed on its behalf by:

Mr R J Neveu Director |

OUR PEOPLE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
OUR PEOPLE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Our People Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 18 23 Royal William Yard, Plymouth, PL1 3GW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software | 3 years straight line

###### Research and development

Research expenditure is written off as incurred. Development expenditure is also written off, except where the directors are satisfied as to the technical, commercial and financial viability of individual projects. In such cases, the identifiable expenditure is capitalised as an intangible asset and amortised over the period during which the Company is expected to benefit. This period is between three and five years. Provision is made for any impairment.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Leasehold improvements | depreciated over the life of the lease
Plant and machinery | 4 years straight line
Fixtures and fittings | 4 years straight line
Office equipment | 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

##### Defined contribution pension obligation

A defined contribution pension plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 5 |  | 5

#### 3. Intangible assets

| Computer software |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2025 | 2,553,813 |  | 2,553,813
Additions | 312,556 |  | 312,556
At 31 December 2025 | 2,866,369 |  | 2,866,369
Accumulated amortisation |  |  |
At 01 January 2025 | 1,933,661 |  | 1,933,661
Charge for the financial year | 398,949 |  | 398,949
At 31 December 2025 | 2,332,610 |  | 2,332,610
Net book value |  |  |
At 31 December 2025 | 533,759 |  | 533,759
At 31 December 2024 | 620,152 |  | 620,152

#### 4. Tangible assets

| Leasehold improve- ments |  | Plant and machinery |  | Fixtures and fittings |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 January 2025 | 16,913 |  | 2,930 |  | 39,001 |  | 15,798 |  | 74,642
Disposals | 0 |  | 0 |  | 0 |  | ( 141) |  | ( 141)
At 31 December 2025 | 16,913 |  | 2,930 |  | 39,001 |  | 15,657 |  | 74,501
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 January 2025 | 16,913 |  | 2,930 |  | 38,808 |  | 10,797 |  | 69,448
Charge for the financial year | 0 |  | 0 |  | 107 |  | 2,502 |  | 2,609
Disposals | 0 |  | 0 |  | 0 |  | ( 141) |  | ( 141)
At 31 December 2025 | 16,913 |  | 2,930 |  | 38,915 |  | 13,158 |  | 71,916
Net book value |  |  |  |  |  |  |  |  |
At 31 December 2025 | 0 |  | 0 |  | 86 |  | 2,499 |  | 2,585
At 31 December 2024 | 0 |  | 0 |  | 193 |  | 5,001 |  | 5,194

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 19,844 |  | 29,773
Other debtors | 110,793 |  | 105,941
| 130,637 |  | 135,714

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank overdrafts | 5 |  | 56
Trade creditors | 1,988 |  | 3,603
Amounts owed to Group undertakings | 3,456,654 |  | 3,180,736
Other taxation and social security | 9,283 |  | 16,526
Other creditors | 78,356 |  | 128,195
| 3,546,286 |  | 3,329,116

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100