REGISTERED NUMBER: 07384870 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

EVERYTHING TECH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M D Allen

P J Smith

REGISTERED OFFICE:

30 - 32 Hanover House

Charlotte Street

Manchester

M1 4FD

REGISTERED NUMBER:

07384870 (England and Wales)

AUDITORS:

Goldwyns Limited

Statutory Auditors and Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

FIXED ASSETS

Intangible assets

3

1,333

2,333

Tangible assets

4

160,007

75,487

Investments

5

613,120

613,120

774,460

690,940

CURRENT ASSETS

Debtors

6

3,097,740

1,615,543

Cash at bank and in hand

253,914

341,846

3,351,654

1,957,389

CREDITORS

Amounts falling due within one year

7

3,909,485

2,507,280

NET CURRENT LIABILITIES

(557,831

)

(549,891

)

TOTAL ASSETS LESS CURRENT LIABILITIES

216,629

141,049

PROVISIONS FOR LIABILITIES

9

36,900

11,500

NET ASSETS

179,729

129,549

CAPITAL AND RESERVES

Called up share capital

122

122

Share premium

1,998

1,998

Retained earnings

177,609

127,429

179,729

129,549

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

M D Allen - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

over remaining period of the lease

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 64 (2024 - 50 ) .

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

5,000

AMORTISATION

At 1 January 2025

2,667

Charge for year

1,000

At 31 December 2025

3,667

NET BOOK VALUE

At 31 December 2025

1,333

At 31 December 2024

2,333

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

1,650

39,648

120,423

161,721

Additions

-

-

116,366

116,366

At 31 December 2025

1,650

39,648

236,789

278,087

DEPRECIATION

At 1 January 2025

1,438

36,431

48,365

86,234

Charge for year

212

977

30,657

31,846

At 31 December 2025

1,650

37,408

79,022

118,080

NET BOOK VALUE

At 31 December 2025

-

2,240

157,767

160,007

At 31 December 2024

212

3,217

72,058

75,487

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

613,120

NET BOOK VALUE

At 31 December 2025

613,120

At 31 December 2024

613,120

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

575,748

480,063

Amounts owed by group undertakings

1,051,370

989,368

Other debtors

1,470,622

146,112

3,097,740

1,615,543

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

354,016

279,931

Amounts owed to group undertakings

3,034,195

1,677,011

Taxation and social security

369,542

485,698

Other creditors

151,732

64,640

3,909,485

2,507,280

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

70,867

15,522

Between one and five years

218,506

-

289,373

15,522

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

36,900

11,500

Deferred

tax

£

Balance at 1 January 2025

11,500

Provided during year

25,400

Balance at 31 December 2025

36,900

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Howe BEng FCA (Senior Statutory Auditor)

for and on behalf of Goldwyns Limited

11.	CONTINGENT LIABILITIES

The company has given cross-guarantees is respect of its parent company's debts. At the balance sheet date, these liabilities totalled £14,000,000 (2024 - 9,837,500).

12.	ULTIMATE PARENT COMPANY

As at the balance sheet date, the directors consider the ultimate parent company to be Managed IT Services Group Limited, a company registered in England and Wales.