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Company registration number: 04485978
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FOR THE YEAR ENDED
31 OCTOBER 2025
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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COMPANY INFORMATION
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Chartered Accountants & Statutory Auditor
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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CONTENTS
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Statement of Financial Position
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Notes to the Financial Statements
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ENGHOUSE DEVELOPMENT (UK) LIMITED
REGISTERED NUMBER:04485978
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STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2025
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Debtors: amounts falling due after more than one year
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................
R Medved
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The notes on pages 2 to 6 form part of these financial statements.
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Enghouse Development (UK) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and principal place of business is disclosed on the company information page.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:
The ultimate parent company, Enghouse Systems Limited, has confirmed that it will provide financial support to the company for at least twelve months from the date of approval of these financial statements. Enghouse Systems Limited has confirmed that it has sufficient cash resources to provide this support, and the directors have satisfied themselves that the parent company is able to provide the financial support required for this period. Accordingly, the directors do not consider there to be any material uncertainty relating to the company’s ability to continue as a going concern and have prepared the financial statements on a going concern basis.
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Foreign currency translation
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Functional and presentation currency
The company's functional currency is GBP, rounded to the nearest £.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
Revenue represents net invoiced sales of goods, excluding value added tax. 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 company has four main streams of turnover. The streams along with the accounting policy associated with their recognition are as follows:
−Software Licence sales - The Company sells on-premise software licences on both a perpetual and specified-term basis. Perpetual licenses provide customers the right to use the software for an indefinite period of time in exchange for a one-time license fee, generally paid at contract inception. Term licenses provide the customer with the right to use software for a specified period in exchange for a fee, which may be paid at contract inception or paid in installments over the period of the contract. Revenue from the licensing of software on a perpetual basis is recognised at the time that both the right to use the software has commenced and the software has been made available to the customer for download at the commencement of the term. Term license revenue provided on a fixed-fee basis, subject to monthly or annual minimum fees, is recognised at the time that both the right to use the software has commenced and the software has been made available to the customer. Term license revenue provided on a variable usage basis, such as the number of transactions, subscribers or other variable measure, is recognised over time based on a customer’s utilisation in a given period. The Company also sells third-party software as an added service to customers. This revenue is generally recognised on delivery to the customer on the same terms and basis as the Company provides its own proprietary software to customers.
−Hardware sales - Turnover is recognised on delivery to the customer when the Company has transferred control of the hardware to the buyer under the terms of an enforceable contract.
−SaaS (Software As A Service) and Maintenance sales - The amount of the selling price associated with SaaS and maintenance services revenue agreements is deferred and recognised as revenue over the period during which the services are performed. This deferred revenue is included in the Balance Sheet as a current liability to the extent the services are to be delivered in the next twelve months. Setup fees on SaaS services revenue are deferred and recognized on a straight-line basis over the estimated life of the customer relationship period.
−Professional Service sales - Turnover is recognised as delivered, typically on an input-based measure of progress such as total labour hours incurred versus total expected labour hours.
Other income represents royalties receivable from other group members.
Interest income is recognised in profit or loss using the effective interest method.
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
2.Accounting policies (continued)
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
There were no employees during the year (2024 - 0).
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
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Due after more than one year
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Amounts owed by group undertakings
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Amounts owed by group undertakings
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Prepayments and accrued income
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Other taxation and social security
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Accruals and deferred income
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An unlimited guarantee has been given in favour of Barclays Bank PLC in respect of this company, CTI Billing Solutions Limited, CTI Data Solutions Limited, Enghouse Interactive UK Limited, Enghouse Holdings (UK) Limited, Enghouse Networks (UK) Limited, Enghouse Interactive Holdings (UK) Limited and Tollgrade UK Limited.
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Post balance sheet events
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On 24 February 2026, the trade and assets of Eptica UK Limited were transferred to the Company as part of an internal group reorganisation.
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ENGHOUSE DEVELOPMENT (UK) LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Enghouse Systems Limited, a company incorporated in Canada, is the parent company of the smallest group for which consolidated financial statements are drawn up of which the company is a member. The parent company's registered office is 80 Tiverton Court, Suite 800 Markham, ON L3R 0G4.
The auditor's report on the financial statements for the year ended 31 October 2025 was unqualified.
The audit report was signed on 30 July 2026 by Hezelina Hashim FCCA (Senior Statutory Auditor) on behalf of Menzies LLP.
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