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Registered number: 05924457 FARSIGHT SECURITY SERVICES LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
FARSIGHT SECURITY SERVICES LIMITED REGISTERED NUMBER: 05924457 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 153,505 |  | 183,975
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 739,568 |  | 603,236 |
Cash at bank and in hand | 6 | 1,357,734 |  | 1,117,798 |
|  | 2,097,302 |  | 1,721,034 |
Creditors: amounts falling due within one year | 7 | (1,056,658) |  | (918,053) |
Net current assets |  |  | 1,040,644 |  | 802,981
Net assets |  |  | 1,194,149 |  | 986,956
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100,000 |  | 100,000
Profit and loss account |  |  | 1,094,149 |  | 886,956
|  |  | 1,194,149 |  | 986,956
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................ R W Moore
Director
Date: 15 July 2026
The notes on pages 3 to 8 form part of these financial statements. Page 1
FARSIGHT SECURITY SERVICES LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 January 2024 | 100,000 | 849,464 | 949,464
Comprehensive income for the year |  |  |
Profit for the year | - | 137,492 | 137,492
Total comprehensive income for the year | - | 137,492 | 137,492
Contributions by and distributions to owners |  |  |
Dividends paid | - | (100,000) | (100,000)
Total transactions with owners | - | (100,000) | (100,000)
At 1 January 2025 | 100,000 | 886,956 | 986,956
Comprehensive income for the year |  |  |
Profit for the year | - | 285,193 | 285,193
Total comprehensive income for the year | - | 285,193 | 285,193
Contributions by and distributions to owners |  |  |
Dividends paid | - | (78,000) | (78,000)
Total transactions with owners | - | (78,000) | (78,000)
At 31 December 2025 | 100,000 | 1,094,149 | 1,194,149
| The notes on pages 3 to 8 form part of these financial statements.
Page 2
FARSIGHT SECURITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Farsight Security Services Limited (the Company) is a company incorporated in the United Kingdom under the Companies Act. The Company is a private company limited by shares and is registered in England and Wales. The address of the Company's registered office is The Observatory, Leofric Square, Vicarage Farm Road, Peterborough, Cambridgeshire, PE1 5TU. The principal activity of the company is that of the provision of remote video monitoring services. The financial statements are presented in pounds sterling, which is the functional currency of the company, and are rounded to the nearest whole pound. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Going concern
The directors have reasonable expectations that the Company has adequate resources to continue in operational existence for the foreseeable future and thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
FARSIGHT SECURITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
| 2.5 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. The estimated useful lives range as follows:
|  |  |  | Short-term leasehold property | - | 3 |  |  | years straight line
|  |  |  | Monitoring equipment | - | 3 | - | 10 | years straight line
|  |  |  | Motor vehicles | - | 3 | - | 5 | years straight line
|  |  |  | Fixtures and fittings | - | 3 | - | 10 | years straight line
|  |  |  | Office equipment | - | 3 |  |  | years straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 4
FARSIGHT SECURITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.9 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.11 | Holiday pay accrual
A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.
| 2.12 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 54 (2024 - 57).
Page 5

|  | FARSIGHT SECURITY SERVICES LIMITED |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
| 4. | Tangible fixed assets
|  | Short-term leasehold property | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |  |
| At 1 January 2025 | 18,369 | 95,246 | 140,678 | 182,631 | 320,030 | 756,954
| Additions | - | - | 52,000 | 3,120 | 7,848 | 62,968
| Disposals | - | - | (45,042) | (3,099) | - | (48,141)
| At 31 December 2025 | 18,369 | 95,246 | 147,636 | 182,652 | 327,878 | 771,781
| Depreciation |  |  |  |  |  |
| At 1 January 2025 | 18,369 | 89,108 | 83,830 | 129,431 | 252,241 | 572,979
| Charge for the year on owned assets | - | 1,339 | 24,715 | 12,977 | 25,145 | 64,176
| Disposals | - | - | (15,765) | (3,114) | - | (18,879)
| At 31 December 2025 | 18,369 | 90,447 | 92,780 | 139,294 | 277,386 | 618,276
| Net book value |  |  |  |  |  |
| At 31 December 2025 | - | 4,799 | 54,856 | 43,358 | 50,492 | 153,505
| At 31 December 2024 | - | 6,138 | 56,848 | 53,200 | 67,789 | 183,975
Page 6

FARSIGHT SECURITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 633,356 | 489,352
| Amounts owed by group undertakings | 4,628 | 4,306
| Other debtors | 148 | 11,628
| Prepayments and accrued income | 101,436 | 97,950
|  | 739,568 | 603,236
6. | Cash
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,357,734 | 1,117,798
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 29,906 | 15,987
| Corporation tax | 52,231 | 38,814
| Other taxation and social security | 154,200 | 154,320
| Other creditors | 6,563 | 7,751
| Accruals and deferred income | 813,758 | 701,181
|  | 1,056,658 | 918,053
8. | Pension commitments
The Company operates two defined contribution pension schemes (Company and Workplace). The assets of the schemes are held separately from those of the Company in independently administered funds. The pension cost charge represents contributions payable by the Company to the funds and amounted to £33,619 (2024 - £34,917). Contributions totalling £443 (2024 - £7,712) were payable to the funds at the balance sheet date. Page 7
FARSIGHT SECURITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Commitments under operating leases
| At 31 December 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 66,000 | 79,389
| Later than 1 year and not later than 5 years | 264,000 | 264,000
| Later than 5 years | 66,000 | 132,000
|  | 396,000 | 475,389
10. | Controlling party
The immediate parent company is Optex Co. Limited which is incorporated in Japan and a wholly owned subsidiary of Optex Group Co. Limited. Optex Group Co. Limited is listed on the Tokyo Stock Exchange and is considered by the directors as being the ultimate controlling party. Optex Co. Limited is the smallest undertaking into which the results of Farsight Security Services Limited are consolidated. Optex Group Co. Limited is the largest undertaking into which the results of Farsight Security Services Limited are consolidated. The consolidated accounts of this group are available to the public and may be obtained from Optex Group Co. Limited, 5-8-12 Ogoto, Otsu, Shiga, 520-0101, Japan.
11. | Auditor's information
The auditor's report on the financial statements for the year ended 31 December 2025 was unqualified. The audit report was signed on 21 July 2026 by Anthony Campbell (Senior Statutory Auditor) on behalf of Nortons Assurance Limited.
Page 8