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Registration number: 03415375

Solution 7 Limited
Filleted Financial Statements
for the Year Ended 31 December 2025

Solution 7 Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 9

Solution 7 Limited

Company Information

Directors | T Kim C W Wonderling

Registered office | Magdalen Centre 1 Robert Robinson Avenue Oxford Oxfordshire OX4 4GA

Auditors | Wenn Townsend Chartered Accountants and Statutory Auditor30 St Giles' Oxford OX1 3LE

Solution 7 Limited

(Registration number: 03415375)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 2,532,049 | 2,986,988
Current assets |  |  |
Debtors | 6 | 4,749,571 | 3,656,730
Cash at bank and in hand |  | 1,664,167 | 2,521,025
|  | 6,413,738 | 6,177,755
Creditors: Amounts falling due within one year | 7 | (5,125,429) | (4,265,424)
Net current assets |  | 1,288,309 | 1,912,331
Total assets less current liabilities |  | 3,820,358 | 4,899,319
Creditors: Amounts falling due after more than one year | 7 | (111,924) | (111,144)
Net assets |  | 3,708,434 | 4,788,175
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Capital redemption reserve |  | 4 | 4
Retained earnings |  | 3,708,428 | 4,788,169
Shareholders' funds |  | 3,708,434 | 4,788,175

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 March 2026 and signed on its behalf by:

......................................... C W Wonderling Director |  |

Solution 7 Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
Magdalen Centre
1 Robert Robinson Avenue
Oxford
Oxfordshire
OX4 4GA

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in pounds sterling, which is the functional currency of the
company. Monetary amounts in these financial statements are rounded to the nearest pound sterling.

Solution 7 Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Departure from requirements of FRS 102

With regard to the accounting treatment of commission costs, management has concluded that full compliance with FRS 102 is inconsistent with the requirement under law to prepare accounts that present a true and fair view.
The entity incurs commission costs in relation to the acquisition of new customers. In accordance with group accounting policy and the requirements of IFRS 15, these costs are recognised as a prepayment and amortised over the expected average customer life of five years. Management considers that this approach appropriately matches the costs of obtaining customers with the revenue generated over the related customer relationship period.
Under the version of FRS 102 currently in force, such commission costs would normally be recognised as an expense as incurred and would not be capitalised and amortised over the expected customer life. However, management notes that the revised version of FRS 102, effective for accounting periods beginning on or after 1 January 2026, will permit the capitalisation and amortisation of such costs in a manner consistent with IFRS.
At 31 December 2025, commission costs of approximately £126k have been recognised as a prepayment and will be amortised over the expected customer life. If these costs had been recognised in accordance with the current requirements of FRS 102, they would have been expensed in the year.
Management considers that adopting this treatment provides a more appropriate reflection of the economic substance of the transactions, aligns with group accounting policy under IFRS, and is consistent with the accounting treatment that will be permitted under the revised FRS 102 framework from 2026.
Management has therefore concluded that the financial statements give a true and fair view of the entity's financial position and financial performance. The financial statements have been prepared in accordance with FRS 102 Section 1A and the Companies Act 2006 in all other respects, aside from this departure from FRS 102 to the extent necessary to give a true and fair view.

Audit report

The Independent Auditor's Report was unqualified. We draw attention to note 2 of the financial statements which describes the directors' use of the true and fair override principle with regards to application of FRS 102 in these accounts. Our opinion is not modified in respect of this matter. The name of the Senior Statutory Auditor who signed the audit report on 30 March 2026 was Mr Benjamin Hayes BSc FCA, who signed for and on behalf of Wenn Townsend.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable, net of sales/value added tax, for the sale of goods and provision of services in the ordinary course of the company’s activities.

Solution 7 Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, on a straight line basis over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Computer equipment | 12 months
Office equipment | 3 years
Fixtures and fittings | 3 years
Vehicles | 3 years

Intangible assets

Intangible assets are stated in the balance sheet at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation will be provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life. Amortisation will be applied when the intangible asset is available for use in the manner intended by management.

Asset class | Amortisation method and rate
Other intangible asset | Straight line over 5 years

Solution 7 Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or 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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 20 (2024 - 9).

Solution 7 Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

4 | Intangible assets

| Other intangible assets £ | Total £
Cost or valuation
At 1 January 2025 | 3,180,641 | 3,180,641
At 31 December 2025 | 3,180,641 | 3,180,641
Amortisation
At 1 January 2025 | 193,653 | 193,653
Amortisation charge | 454,939 | 454,939
At 31 December 2025 | 648,592 | 648,592
Carrying amount
At 31 December 2025 | 2,532,049 | 2,532,049
At 31 December 2024 | 2,986,988 | 2,986,988

5 | Tangible assets

| Fixtures and fittings £ | Office equipment £ | Total £
Cost or valuation
At 1 January 2025 | 5,117 | 110,866 | 115,983
At 31 December 2025 | 5,117 | 110,866 | 115,983
Depreciation
At 1 January 2025 | 5,117 | 110,866 | 115,983
At 31 December 2025 | 5,117 | 110,866 | 115,983
Carrying amount
At 31 December 2025 | - | - | -
At 31 December 2024 | - | - | -

Solution 7 Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

6 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 684,889 | 614,768
Amounts owed by related parties | 10 | 3,293,788 | 2,659,176
Prepayments |  | 72,525 | 93,863
Prepaid Commissions |  | 698,369 | 106,531
Corporation tax control |  | - | 182,392
|  | 4,749,571 | 3,656,730

Details of non-current trade and other debtors

£541,433 (2024 - £99,766) of prepayments is classified as non current. This relates to the prepayment of commissions released over 5 years.

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 29,801 | 41,943
Taxation and social security | 506,280 | 162,660
Accruals and deferred income | 4,553,853 | 4,051,610
Other creditors | 35,495 | 9,211
| 5,125,429 | 4,265,424

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Deferred income | 111,924 | 111,144

Solution 7 Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £0.10 each | 20 | 2.00 | 20 | 2.00

9 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £267,760 (2024 - £474,884) per ordinary share |  | 5,355,196 |  | 9,497,672

10 | Related party transactions

As at 31st December 2025, the Directors owed £nil (2024: £nil) to the company. As at 31st December 2025, receivables from a group company sharing common ownership were £2,659,390 (2024: £2,659,176). Receivables from the immediate parent were £634,398 (2024: £nil).

11 | Parent and ultimate parent undertaking

During the year, the company was purchased by Zone Bidco Limited, a subsidiary of Zone & Company Software Consulting LLC.
The company's immediate parent is Zone Bidco Limited, incorporated in England and Wales.
The ultimate parent is ZS Holdco LLC, incorporated in United States of America.
The most senior parent entity producing publicly available financial statements is ZS Holdco LLC. These financial statements are available upon request from 6 Liberty Square, PMB 6040, Boston, Massachusetts, 02109, USA.