REGISTERED NUMBER: 03493602 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Oasys Technologies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E J Lamb

Mr I Marshall

Mrs S P Brown

REGISTERED OFFICE:

Unit 3 Gosforth Close

Sandy

Bedfordshire

SG19 1RB

REGISTERED NUMBER:

03493602 (England and Wales)

ACCOUNTANTS:

Godfrey Laws & Co Limited

1 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

FIXED ASSETS

Intangible assets

4

5,535

7,380

Tangible assets

5

216,085

246,054

221,620

253,434

CURRENT ASSETS

Stocks

2,739,611

2,857,734

Debtors

6

2,026,046

2,640,510

Prepayments and accrued income

117,391

129,918

Cash at bank and in hand

2,329,223

976,217

7,212,271

6,604,379

CREDITORS

Amounts falling due within one year

7

3,479,345

3,907,351

NET CURRENT ASSETS

3,732,926

2,697,028

TOTAL ASSETS LESS CURRENT LIABILITIES

3,954,546

2,950,462

PROVISIONS FOR LIABILITIES

42,007

46,744

NET ASSETS

3,912,539

2,903,718

CAPITAL AND RESERVES

Called up share capital

10,624

8,500

Share premium

72,216

-

Retained earnings

3,829,699

2,895,218

SHAREHOLDERS' FUNDS

3,912,539

2,903,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 29 July 2026 and were signed on its behalf by:

Mr E J Lamb - Director

1.	STATUTORY INFORMATION

Oasys Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Short leasehold

-

over the period of the lease

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Operating lease commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 45 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 November 2024

and 31 October 2025

13,120

AMORTISATION

At 1 November 2024

5,740

Charge for year

1,845

At 31 October 2025

7,585

NET BOOK VALUE

At 31 October 2025

5,535

At 31 October 2024

7,380

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

44,481

239,266

170,486

28,129

482,362

Additions

-

28,490

2,234

5,675

36,399

At 31 October 2025

44,481

267,756

172,720

33,804

518,761

DEPRECIATION

At 1 November 2024

20,435

113,312

93,700

8,861

236,308

Charge for year

6,011

35,643

19,449

5,265

66,368

At 31 October 2025

26,446

148,955

113,149

14,126

302,676

NET BOOK VALUE

At 31 October 2025

18,035

118,801

59,571

19,678

216,085

At 31 October 2024

24,046

125,954

76,786

19,268

246,054

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

781,198

1,412,212

Amounts owed by group undertakings

1,100,000

1,100,000

Other debtors

144,848

128,298

2,026,046

2,640,510

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

451,587

701,589

Taxation and social security

91,902

54,824

Other creditors

2,935,856

3,150,938

3,479,345

3,907,351

8.	LEASING AGREEMENTS

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

31.10.25

31.10.24

£

£

Within one year

199,800

199,800

Between one and five years

233,100

432,900

432,900

632,700

9.	ULTIMATE CONTROLLING PARTY

The controlling party is the Board of Directors.

The ultimate controlling party is Ultimel Limited.