Sysdoc Limited - Limited company accounts 25.1

REGISTERED NUMBER: 03737631 (England and Wales)

Strategic Report, Report of the Directors and

Audited Financial Statements for the Year Ended 31 July 2025

for

Sysdoc Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

6

Income Statement

10

Other Comprehensive Income

11

Balance Sheet

12

Statement of Changes in Equity

13

Cash Flow Statement

14

Notes to the Cash Flow Statement

15

Notes to the Financial Statements

16

DIRECTORS:

M A J van der Bas

Ms K P Corich

SECRETARY:

M A J van der Bas

REGISTERED OFFICE:

c/o CAAT Advisory Ltd

Oru Space Sutton

7 Throwley Way

Sutton

Surrey

SM1 4AF

REGISTERED NUMBER:

03737631 (England and Wales)

AUDITORS:

Turpin Barker Armstrong

Allen House, 1 Westmead Road,

Sutton

Surrey

SM1 4LA

The directors present their strategic report for the year ended 31 July 2025.

REVIEW OF BUSINESS

The company is engaged in the provision of I.T. knowledge management consultancy.

Turnover for the year to 31 July 2025 was £8,681,008 an increase of 4%.on the previous year.

The company closely monitors the margins achieved on its sales, the margins have decreased during the year from 45% in the previous year to 34%.This has been a result of more expensive resources being used in the delivery of projects in the year.

The result of the above is that Net Assets have increased by 9% to £5,722,306, and cash balances increased by 17% to £4,883,999..

At the year end the company is enjoying stable turnover which provides it with opportunities to fund future growth. The company has sufficient resources to implement its overall strategy and achieve its growth objectives for the next twelve months.

The company has completed year 2 of our refreshed strategy. Our investment in the development of a fully integrated platform for Change Management and large-scale Training programmes is garnering significant interest and yielding positive returns, with agreed partnerships and customers being onboarded.

The new strategic objectives will see Sysdoc pivot into a Software with a Service (SwaaS) business, building on the best of our legacy services, amplified by the power of AI.

Two notable platform developments are:

Serendata - Transformation Intelligence Platform, comprising 4 modules:

· Insight

· ChangePlan

· Pulse

· Business Benefits - Return on Investment Tracker

SysdocAI - AI-Powered Process Optimisation:· Process transformation underpinned by AI..

PRINCIPAL RISKS AND UNCERTAINTIES

Key business risks remain the operation in a fast moving and technically innovative business environment. The company monitors the cost of its operations on a monthly basis. The company's operations expose it to a variety of financial risks that include the effects of geopolitics, changes in credit risk and liquidity risk.

Given the size of the company, the directors have not delegated the responsibility of monitoring financial risk management to a sub-committee of the board. The company carries out appropriate credit checks on potential customers before sales are made and actively manages it's cash flow to ensure that funds are available to maintain operations. The company is not exposed to significant foreign currency risks.

FINANCIAL INSTRUMENTS

The company has a normal level of exposure to price, credit, liquidity and cash flow risks arising from trading activities which are largely conducted in sterling, with the only foreign currency transactions being covered by suitable currency contracts to minimise exposure to exchange rate volatility. The company does not enter into any formally designated hedging arrangements.

ON BEHALF OF THE BOARD:

M A J van der Bas - Director

31 July 2026

The directors present their report with the financial statements of the company for the year ended 31 July 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of I.T. knowledge management consultants.

DIVIDENDS

No dividends will be distributed for the year ended 31 July 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 August 2024 to the date of this report.

M A J van der Bas

Ms K P Corich

DISCLOSURE IN THE STRATEGIC REPORT

The company has chosen in accordance with Companies Act 2006, s. 414C(11) to set out in the company's strategic report information required by Schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 to be contained in the directors' report. It has done so in respect of financial instruments.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors 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 these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Each director who held office at the date of approval of this report confirms that so far as the director is aware, there is no relevant audit information needed by the company’s auditor in connection with preparing their report of which the company's auditor is unaware and •the director has taken all the steps that they ought to have taken as a director in order to be aware of any relevant audit information and to establish that the company's auditor is aware of that information.

AUDITORS

The auditors, Turpin Barker Armstrong, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

M A J van der Bas - Director

31 July 2026

Opinion

We have audited the financial statements of Sysdoc Limited (the 'company') for the year ended 31 July 2025 which comprise the statement of income and retained earnings, statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 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 July 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 other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information. 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.

In connection with our audit of the financial statements, 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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 the audit:

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

· the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

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

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not vivited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directpr's 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.

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 the strategic report or the directors' report.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, 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:

Extent to which the audit was considered capable of detecting irregularities, including fraud

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

- the nature of the industry and sector, control environment and business performance;

- results of our enquiries of management about their own identification and assessment of the risks of irregularities;

- any matters we identified having reviewed the company's policies and procedures relating to:

- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of noncompliance;- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;

- the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;

- the matters discussed among the audit engagement team including where fraud might occur in

the financial statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act and UK tax legislation.

Audit response to risks identified

Our procedures to respond to risks identified as a result of performing the above included the following:

- reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;

- enquiring of management concerning actual and potential litigation and claims;

- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

- obtaining an understanding of any provisions and holding discussions with management to understand the basis of recognition or non-recognition of tax provisions; and

- in addressing the risk of fraud through management override of controls, considering the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or noncompliance with laws and regulations throughout the audit.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

· Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

· Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.

· Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

· Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the company to cease to continue as a going concern.

· Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

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.

David Alan Payne BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of Turpin Barker Armstrong

31 July 2026

TURNOVER

3

8,681,008

8,322,413

Cost of sales

5,704,339

4,540,402

GROSS PROFIT

2,976,669

3,782,011

Administrative expenses

2,383,230

3,144,430

593,439

637,581

Other operating income

(2,377

)

(3,940

)

OPERATING PROFIT

5

591,062

633,641

Interest receivable and similar income

82,891

59,152

673,953

692,793

Interest payable and similar expenses

6

90,826

207,753

PROFIT BEFORE TAXATION

583,127

485,040

Tax on profit

7

103,534

206,748

PROFIT FOR THE FINANCIAL YEAR

479,593

278,292

PROFIT FOR THE YEAR

479,593

278,292

OTHER COMPREHENSIVE INCOME

-

TOTAL COMPREHENSIVE INCOME

FOR THE YEAR

479,593

278,292

FIXED ASSETS

Intangible assets

8

1,128,784

1,030,557

Tangible assets

9

9,599

6,968

1,138,383

1,037,525

CURRENT ASSETS

Debtors

10

2,047,135

2,479,940

Cash at bank

4,883,999

4,165,118

6,931,134

6,645,058

CREDITORS

Amounts falling due within one year

11

2,347,211

2,439,870

NET CURRENT ASSETS

4,583,923

4,205,188

TOTAL ASSETS LESS CURRENT

LIABILITIES

5,722,306

5,242,713

CAPITAL AND RESERVES

Called up share capital

12

1

Retained earnings

13

5,722,305

5,242,712

SHAREHOLDERS' FUNDS

5,722,306

5,242,713

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

M A J van der Bas - Director

Called up

share

Retained

Total

capital

earnings

equity

£

Balance at 1 August 2023

1

4,964,420

4,964,421

Changes in equity

Total comprehensive income

-

278,292

Balance at 31 July 2024

1

5,242,712

5,242,713

Changes in equity

Total comprehensive income

-

479,593

Balance at 31 July 2025

1

5,722,305

5,722,306

Cash flows from operating activities

Cash generated from operations

1

1,293,574

582,941

Interest paid

(90,826

)

(207,753

)

Tax paid

(3,163

)

4,097

Net cash from operating activities

1,199,585

379,285

Cash flows from investing activities

Purchase of intangible fixed assets

(207,665

)

(243,557

)

Purchase of tangible fixed assets

(6,856

)

(7,419

)

Interest received

82,891

59,152

Net cash from investing activities

(131,630

)

(191,824

)

Cash flows from financing activities

Change in amounts due from group

90,825

492,077

Amount introduced by directors

-

1,865

Amount withdrawn by directors

(439,899

)

(12,140

)

Net cash from financing activities

(349,074

)

481,802

Increase in cash and cash equivalents

718,881

669,263

Cash and cash equivalents at beginning of

year

2

4,165,118

3,495,855

Cash and cash equivalents at end of year

2

4,883,999

4,165,118

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

31.7.25

31.7.24

£

Profit before taxation

583,127

485,040

Depreciation charges

113,663

142,612

Finance costs

90,826

207,753

Finance income

(82,891

)

(59,152

)

704,725

776,253

Decrease/(increase) in trade and other debtors

872,704

(458,228

)

(Decrease)/increase in trade and other creditors

(283,855

)

264,916

Cash generated from operations

1,293,574

582,941

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 July 2025

31.7.25

1.8.24

£

Cash and cash equivalents

4,883,999

4,165,118

Year ended 31 July 2024

31.7.24

1.8.23

£

Cash and cash equivalents

4,165,118

3,495,855

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.8.24

Cash flow

At 31.7.25

£

Net cash

Cash at bank

4,165,118

718,881

4,883,999

4,165,118

718,881

4,883,999

Total

4,165,118

718,881

4,883,999

1.	STATUTORY INFORMATION

Sysdoc 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Turnover

Revenue is the amount derived from ordinary activities and is measured at the fair value of the consideration received or receivable for the provision of services Revenue is stated net of VAT.

The company recognises revenue when:

the amount of revenue can be measured reliably;

it is probable that the economic benefits associated with the transaction will flow to the company; and

specific criteria have been met for each of the company's activities.,

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

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

life.

Plant and machinery - 25% on cost

Fixtures and fittings - 25% on cost

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.

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.

Employee benefits

Short-term employee benefits are recognised as an expense in the period in which they are incurred.

The obligations for contributions to defined contribution scheme are recognised as an expense in the period they are incurred. The assets of the scheme are held separately from those of the company in an independently administered fund.

Trade and other debtors

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

4.	EMPLOYEES AND DIRECTORS

31.7.25

31.7.24

£

Wages and salaries

3,456,546

3,492,467

Social security costs

646,894

617,126

Other pension costs

36,587

137,002

4,140,027

4,246,595

The average number of employees during the year was as follows:

31.7.25

31.7.24

Management and administration

9

10

Sales

4

Consultants

36

40

49

54

31.7.25

31.7.24

£

Directors' remuneration

240,000

Information regarding the highest paid director is as follows:

31.7.25

31.7.24

£

Emoluments etc

140,000

5.	OPERATING PROFIT

The operating profit is stated after charging:

31.7.25

31.7.24

£

Depreciation - owned assets

4,225

8,818

Computer software amortisation

109,438

133,794

Auditors' remuneration

12,000

13,500

Foreign exchange differences

2,377

3,940

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.7.25

31.7.24

£

Intra-group interest

90,826

204,794

Interest payable

-

2,959

90,826

207,753

7.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.7.25

31.7.24

£

Current tax:

UK corporation tax

103,534

206,748

Tax on profit

103,534

206,748

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

31.7.25

31.7.24

£

Profit before tax

583,127

485,040

Profit multiplied by the standard rate of corporation tax in the UK of 25%

(2024 - 25%)

145,782

121,260

Effects of:

Expenses not deductible for tax purposes

2,171

83,284

Capital allowances in excess of depreciation

(968

)

-

Depreciation in excess of capital allowances

-

2,204

Adjustments to tax charge in respect of previous periods

(43,451

)

-

Total tax charge

103,534

206,748

8.	INTANGIBLE FIXED ASSETS

Patents

and

Computer

licences

software

Totals

£

COST

At 1 August 2024

6,289

1,337,930

1,344,219

Additions

-

207,665

At 31 July 2025

6,289

1,545,595

1,551,884

AMORTISATION

At 1 August 2024

6,289

307,373

313,662

Amortisation for year

-

109,438

At 31 July 2025

6,289

416,811

423,100

NET BOOK VALUE

At 31 July 2025

-

1,128,784

At 31 July 2024

-

1,030,557

9.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 August 2024

226,511

72,472

298,983

Additions

6,856

-

6,856

At 31 July 2025

233,367

72,472

305,839

DEPRECIATION

At 1 August 2024

219,543

72,472

292,015

Charge for year

4,225

-

4,225

At 31 July 2025

223,768

72,472

296,240

NET BOOK VALUE

At 31 July 2025

9,599

-

9,599

At 31 July 2024

6,968

-

6,968

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

1,394,461

2,255,978

Provision for bad debts

(28,932

)

-

Other debtors

41,417

35,645

Directors' current accounts

521,850

81,951

Prepayments

118,339

106,366

2,047,135

2,479,940

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade creditors

350,802

407,417

Amounts owed to group undertakings

1,283,653

1,192,828

Tax

299,177

198,806

Social security and other taxes

108,839

120,736

VAT

126,122

258,019

Other creditors

4,795

10,294

Pensions payable

24,746

24,459

Accrued expenses

149,077

227,311

2,347,211

2,439,870

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

1

Ordinary shares

1

13.

RESERVES

Retained

earnings

£

At 1 August 2024

5,242,712

Profit for the year

479,593

At 31 July 2025

5,722,305

14.	PENSION COMMITMENTS

The company operates a defined contribution scheme. During the year the company contributed £350,665, (2024 £380,335).

15.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

Ms K P Corich

Balance outstanding at start of year

27,958

29,283

Amounts advanced

3,102

-

Amounts repaid

(2,271

)

(1,325

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

28,789

27,958

M A J van der Bas

Balance outstanding at start of year

53,993

41,853

Amounts advanced

523,574

12,140

Amounts repaid

(84,435

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

493,132

53,993

Ms C Hill

Balance outstanding at start of year

540

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

540

The amounts advanced are interest free and repayable on demand.

16.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of The Sysdoc Group Ltd a company incorporated in New Zealand. The directors consider the ultimate controlling party to be Independent Professional Trustees (2008) Ltd.