Contents of the Financial Statements

for the Period Ended 31 May 2026

Directors' report period ended 31 May 2026

The directors present their report with the financial statements of the company for the period ended 31 May 2026

Directors

The director shown below has held office during the whole of the period from
1 June 2025 to 31 May 2026

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 August 2026

And signed on behalf of the board by:
Name: Asparuh NIKOLOV
Status: Director

Profit And Loss Account

for the Period Ended 31 May 2026

Balance sheet

As at 31 May 2026

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 May 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 May 2026

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents amounts receivable from the provision of software development, IT consultancy, technology implementation, software subscriptions, managed technical support services and the supply of computer hardware and related technology products to commercial customers, exclusive of Value Added Tax. Revenue is recognised when the Company satisfies its contractual performance obligations by transferring control of goods or services to the customer, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the Company and the related costs can be measured reliably. Revenue from services is recognised as the services are performed, whilst revenue from the sale of goods is recognised when control of the goods passes to the customer.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Cost includes expenditure directly attributable to bringing the asset into working condition for its intended use. Depreciation is provided so as to write off the cost of tangible fixed assets, less their estimated residual values, on a straight-line basis over their estimated useful economic lives. The principal annual depreciation rates applied are based on an estimated useful economic life of three years. The carrying values of tangible fixed assets are reviewed at each reporting date for indicators of impairment. Where events or changes in circumstances indicate that the carrying amount may not be recoverable, the asset is written down to its recoverable amount. Repairs and maintenance expenditure is charged to the Statement of Income in the period in which it is incurred. Expenditure that enhances or extends the useful economic life of an asset is capitalised. Gains and losses arising on the disposal of tangible fixed assets are recognised within the Statement of Income in the period of disposal.

  Intangible fixed assets amortisation policy

  Intangible fixed assets comprise purchased software licences, enterprise software and other acquired software applications used in support of the Company's software development, IT consultancy and technology implementation activities. Intangible assets are initially recognised at cost and subsequently measured at cost less accumulated amortisation and any accumulated impairment losses. Amortisation is charged on a straight-line basis over the estimated useful economic life of the asset, which is currently assessed as three years. The useful economic lives and carrying values of intangible assets are reviewed at each reporting date and adjusted where appropriate. Where there is an indication that an asset may be impaired, its carrying amount is reviewed and reduced to its recoverable amount where necessary.

  Valuation information and policy

  The financial statements have been prepared under the historical cost convention. Assets and liabilities are recognised at historical cost unless otherwise stated in these accounting policies. Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Intangible assets are stated at cost less accumulated amortisation and impairment losses. Inventories are valued at the lower of cost and net realisable value. Trade debtors and creditors are measured at amortised cost. Current investments are carried at cost, which approximates fair value because of their short-term maturity. The Director reviews the carrying values of all material assets at each reporting date and considers that no impairment is required other than amounts already recognised in the financial statements.

  Other accounting policies

  The financial statements have been prepared under the historical cost convention and on the going concern basis in accordance with FRS 102 Section 1A and the Companies Act 2006. Revenue is recognised when control of the goods or services has passed to the customer and the related performance obligations have been satisfied. Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Intangible assets are stated at cost less accumulated amortisation and impairment losses. Inventories are valued at the lower of cost and net realisable value. Trade debtors and creditors are recognised at amortised cost. Cash and cash equivalents comprise cash held with recognised financial institutions and cash available on demand. Current investments comprise short-term investments expected to be realised within twelve months after the reporting date. The Director's loan is classified as a non-current liability. Current taxation represents the estimated corporation tax payable for the reporting period. No deferred taxation has been recognised.

Notes to the Financial Statements

for the Period Ended 31 May 2026

• 2. Employees

  	2026	2025
  Average number of employees during the period	4	3