Sterling Computers Corporation (UK) Ltd

	Page
Company Information	1
Directors' Report	2
Independent Auditor's Report	3—5
Profit and Loss Account	6
Balance Sheet	7
Notes to the Financial Statements	8—11

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Company No. 13862089

Directors' Report For The Year Ended 31 December 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors

The directors who held office during the year were as follows:

Mr Bradley Moore

Mrs Jean Moore

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Auditor

The auditor, Crowe U.K. LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mr Bradley Moore

Director

29/07/2026

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Independent Auditor's Report

to the Members of

Sterling Computers Corporation (UK) Ltd

Independent Auditor's Report

Opinion

We have audited the financial statements of Sterling Computers Corporation (UK) Ltd for the year ended 31 December 2025 which comprise Profit and Loss Account, Balance Sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

· give a true and fair view of the state of the company’s affairs as at 31 December 2025 and of its profit for the year then ended;

· have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;

· have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The directors are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion based on the work undertaken in the course of our audit:

· the information given in the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

· the directors' report has been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

Sterling Computers Corporation (UK) Ltd

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

· adequate accounting records have not been kept by the company, or returns adequate for our audit have not been received from branches not visited by us; or

· the financial statements are not in agreement with the accounting records and returns; or

· certain disclosures of directors' remuneration specified by law are not made; or

· we have not received all the information and explanations we require for our audit; or

· the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the directors report and from the requirement to prepare a strategic report.

Responsibilities of Directors

As explained more fully in the directors’ responsibilities statement on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We obtained an understanding of the legal and regulatory frameworks within which the company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, Taxation legislation and the requirements of ISO9001, 14001 and 27001 standards.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be the override of controls by management and revenue recognition. Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities, identifying journal entries to test based on risk criteria and comparing the identified entries to supporting documentation, examining support for a sample of revenue transactions to ensure the transaction existed and had been recognised in the correct period and reviewing accounting estimates for evidence of biases.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion or the provision of intentional misrepresentations.

A further description of our responsibilities for the audit of the financial statements is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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Independent Auditor's Report (continued)

to the Members of

Sterling Computers Corporation (UK) Ltd

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Peter Gilligan (Senior Statutory Auditor)

for and on behalf of Crowe U.K. LLP , Statutory Auditor

29/07/2026

Crowe U.K. LLP

55 Ludgate Hill

London

EC4M 7JW

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Sterling Computers Corporation (UK) Ltd

Profit and Loss Account

For The Year Ended 31 December 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER		6,762,597	5,086,655
Cost of sales		(5,412,914 )	(4,714,274 )

GROSS PROFIT		1,349,683	372,381

Administrative expenses		(1,228,399 )	(693,430 )
Other operating income		145,919	97,021

OPERATING PROFIT/(LOSS)		267,203	(224,028 )
Other interest receivable and similar income		121,638	74,423
Interest payable and similar charges		5,491	(519 )

PROFIT/(LOSS) BEFORE TAXATION		394,332	(150,124 )
Tax on Profit/(loss)		(45,645 )	37,531

PROFIT/(LOSS) AFTER TAXATION BEING PROFIT/(LOSS) FOR THE FINANCIAL YEAR		348,687	(112,593 )

There is no other comprehensive income.

The notes on pages 8 to 11 form part of these financial statements.

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Sterling Computers Corporation (UK) Ltd

Balance Sheet

As At 31 December 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,758		-

			43,758		-
CURRENT ASSETS
Stocks	5	512,278		-
Debtors	6	1,510,296		674,524
Cash at bank and in hand		8,662,102		2,100,165

		10,684,676		2,774,689
Creditors: Amounts Falling Due Within One Year	7	(10,730,811 )		(3,125,753 )

NET CURRENT ASSETS (LIABILITIES)			(46,135 )		(351,064 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,377 )		(351,064 )

NET LIABILITIES			(2,377 )		(351,064 )

CAPITAL AND RESERVES
Called up share capital	9		55,374		55,374
Profit and Loss Account			(57,751 )		(406,438 )

SHAREHOLDERS' FUNDS			(2,377)		(351,064)

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board of directors on 29 July 2026 and were signed on its behalf by:

Mr Bradley Moore

Director

The notes on pages 8 to 11 form part of these financial statements.

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Sterling Computers Corporation (UK) Ltd

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Sterling Computers Corporation (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13862089 . The registered office is 2nd Floor Captains House, Watermans Court, Lotus Park, The Causeway, Staines-upon-Thames, TW18 3AG.

The principal activity of the company is other information technology service activities.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The financial statements have been prepared under going concern basis.

The directors have prepared forecasts covering a period of at least 12 months from the date of approval of these financial statements.

A letter of support from the parent company, Sterling Computers Corporation (US), has been provided stating that Sterling Computers Corporation (US) is willing to financially support and invest additional funds to ensure that they will continue as a going concern for the foreseeable future.

The directors of the company are therefore satisfied that they have the financial structure in place to meet its liabilities as they fall due and continue in operational existence for the foreseeable future.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sterling Computers Corporation (UK) Ltd acts as a Principal for all revenue types due to financial risk, contractual obligation, and fulfillment responsibility.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Sale of Services

Turnover from services is recognised after performance obligations have been met and rendering of services is completed.

Services relating to licence and subscription revenue are pro‑rated and recognised as and when the performance obligation is met.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	2 years straignt line
Fixtures & Fittings	7 years straight line
Computer Equipment	4 years straight line

2.5. Leasing and Hire Purchase Contracts

Operating Leases:

Rentals are paid under operating leases are charged to profit and loss on a straight-line basis over the lease term.

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Sterling Computers Corporation (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Stocks and Work in Progress

Stock is valued at the cost that it was purchased at. Sterling does not add a proportion of fixed and variable overheads to the cost of the inventory or markup. Stock is purchased to be used for specific customer projects and is not held for long periods of time.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.9. Pensions

The company operates a defined pension contribution scheme. 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 and loss account 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.

2.10. Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.11. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

2.12. Creditors

Short-term creditors are measured at the transaction price.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 4)

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Sterling Computers Corporation (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	-	-	-	-
Additions	29,202	10,707	11,799	51,708

As at 31 December 2025	29,202	10,707	11,799	51,708

Depreciation
As at 1 January 2025	-	-	-	-
Provided during the period	6,084	637	1,229	7,950

As at 31 December 2025	6,084	637	1,229	7,950

Net Book Value
As at 31 December 2025	23,118	10,070	10,570	43,758

As at 1 January 2025	-	-	-	-

5. Stocks

	2025	2024
	£	£
Finished goods	512,278	-

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	499,137	595,382
Prepayments and accrued income	927,619	3,756
Other debtors	73,960	20,161
Deferred tax current asset	9,580	55,225

	1,510,296	674,524

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	530,827	34,483
Other taxes and social security	340,838	14,039
Other creditors	28,582	10,800
Accruals and deferred income	6,773,024	120,041
Amounts owed to group undertakings	3,057,540	2,946,390

	10,730,811	3,125,753

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Sterling Computers Corporation (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Deferred Taxation

The deferred tax asset for the year of £9,580 (2024: £55,225) relates to trading losses that can be relieved against future trading profits.

In addition, there is an unrecognised deferred tax asset in respect of the restricted deductions pool carried forward amounting to £22,733 (2024: 368,416).

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	55,374	55,374

55,374 Ordinary Shares of £1.00 each were allotted, called up and fully paid.

10. Other Commitments

During the year, the company entered into two new rental agreements under operating lease agreement. The start date for both leases was 7 April 2025 and the earliest end dated is 30 April 2027.

The expected operation lease commitments are:

	2025	2024
	£	£
Not later than one year	77,477	-
Later than one year and not later than five years	25,826	-

	103,303	-

11. Related Party Transactions

The Company has taken advantage of the exemption available in FRS102 Section 33.1A from the requirement to disclose related party transactions with its parent undertaking.

12. Ultimate Controlling Party

The company's ultimate controlling party is Sterling Computers Corporation (US) by virtue of his ownership of 100% of the issued share capital in the company.

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