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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

AgileAssets Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Courtyard, High Street, Ascot, Berkshire, SL5 7HP.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The trade and assets of AgileAssets Limited are being hivedfalse-up into Trimble UK Limited, a fellow group company, as a going concern. The transfer of the company’s trade and assets is being carried out in two stages; the first stage occurred in July 2023, with the payroll and cost operations of the entity being transferred to Trimble UK Limited.

In 2025, there was continuing work to complete further integrations to provide AgileAssets customers with a single point of contact for all their purchases. This will eventually see all of the company’s trade being transferred to Trimble UK Limited which is the main trading entity for the UK markets, encompassing all current Trimble products. It is anticipated that over time the AgileAssets products will be sold directly by Trimble UK Limited which will eventually lead to a winding down of sales activities for AgileAssets in the UK. The objective is to thereafter continue the company with no trading activity as a dormant entity until it is dissolved. Considering these events, the directors are of the view that there is significant doubt as to the continued operation of the company beyond 2025. As such, the financial statements have been prepared on a basis other than going concern.

However, the directors of the company do not believe this affects the financial strength or ability of the company to pay its debts as due until the consolidation and dissolution is finalised. Trimble Inc., the ultimate parent, has committed to ensuring that the company can continue to meet all liabilities as they fall due. No adjustments were required as a result of the application of a basis of accounting other than going concern. No provision for the future costs of terminating the business of the company have been included as no such costs were committed at the Balance Sheet date.

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.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

The tax expense represents the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Judgement is applied in determining the timing of revenue recognition and the amount of deferred income recognised at the reporting date. Deferred income represents amounts invoiced in advance of services being provided and is recognised as revenue as the related performance obligations are satisfied.

The calculation of deferred income requires management to estimate the stage of completion of contracts and the timing of future service delivery based on contractual terms and project progress. Changes in these estimates could affect the amount of revenue recognised in the year and the level of deferred income recognised at the reporting date.

The average monthly number of persons (including directors) employed by the company during the year was:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Emphasis of matter - financial statements prepared on a basis other than going concern

We draw attention to Note 1.2 to the financial statements which explains that the Group's management decided to transfer of the trade and assets of the Company to another group company as a going concern. As the company itself therefore ceased to be a going concern, the directors have therefore concluded that the accounts need to be drawn up on a basis other than that of a going concern, although in this instance, due to the transfer of the trade in an orderly fashion being carried out, we agree with the basis of preparation which will see the reported figures unchanged. Our opinion is not modified in respect of this matter.

The immediate parent company of AgileAssets Limited is AgileAssets Inc. AgileAssets Inc are incorporated in the US and the registered office is 3001 Bee Caves Road, Suite 200, Austin, Texas, 78746.

The ultimate parent company AgileAssets Ltd is Trimble Inc. Trimble Inc are incorporated in the US and the registered office is 10368 Westmoor Drive, Westminster, Colorado, 80021.

The following are the parents of the largest and smallest groups in which this company's results are consolidated: