Caseware UK (AP4) 2024.0.164 2024.0.164 2025-11-30 2025-11-30 true false true 2024-11-06 0 Activities of other holding companies not elsewhere classified 0 true 16063715 2024-11-06 2025-11-30 16063715 2023-11-06 2024-11-05 16063715 2025-11-30 16063715 2024-11-05 16063715 1 2024-11-06 2025-11-30 16063715 d:Director1 2024-11-06 2025-11-30 16063715 d:Director2 2024-11-06 2025-11-30 16063715 d:RegisteredOffice 2024-11-06 2025-11-30 16063715 c:CurrentFinancialInstruments 2025-11-30 16063715 c:ShareCapital 2024-11-06 2025-11-30 16063715 c:ShareCapital 2025-11-30 16063715 c:ShareCapital 2024-11-05 16063715 d:OrdinaryShareClass1 2024-11-06 2025-11-30 16063715 d:OrdinaryShareClass1 2025-11-30 16063715 d:EntityHasNeverTraded 2024-11-06 2025-11-30 16063715 d:FRS102 2024-11-06 2025-11-30 16063715 d:AuditExempt-NoAccountantsReport 2024-11-06 2025-11-30 16063715 d:FullAccounts 2024-11-06 2025-11-30 16063715 d:PrivateLimitedCompanyLtd 2024-11-06 2025-11-30 16063715 e:PoundSterling 2024-11-06 2025-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 16063715 VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD) UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 30 NOVEMBER 2025
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD)
COMPANY INFORMATION
Directors | E Marcantoni
| R Marcantoni
Registered number | 16063715
Registered office | Units 4-7
| Chillingham Industrial Estate
| Back Chapman Street
| Newcastle Upon Tyne
| NE6 2XX
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD)
CONTENTS
| Page
Statement of Financial Position | 1
Statement of Changes in Equity | 2
Notes to the Financial Statements | 3 - 6
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD) REGISTERED NUMBER:16063715
STATEMENT OF FINANCIAL POSITION AS AT 30 NOVEMBER 2025
|  | 2025
Note |  | £
Current assets |  |  |
Debtors: amounts falling due within one year | 4 | 100 |
Net assets |  |  | 100
Capital and reserves |  |  |
Called up share capital | 5 |  | 100
Total equity |  |  | 100
For the period ended 30 November 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006. Members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. 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 income statement 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:
E Marcantoni
Director
Date: 31 July 2026
The notes on pages 3 to 6 form part of these financial statements. Page 1
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD)
STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 30 NOVEMBER 2025
| Called up share capital | Total equity
| £ | £
At 6 November 2024 | - | -
Contributions by and distributions to owners |  |
Shares issued during the period | 100 | 100
At 30 November 2025 | 100 | 100
| The notes on pages 3 to 6 form part of these financial statements.
Page 2
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025
1. | General information
Videx U.K. Ltd (formerly Videx Holdings Ltd) is a private company limited by shares, incorporated in England and Wales. Its registered number is 16063715, and its registered head office is located at Units 4-7, Chillingham Industrial Estate, Back Chapman Street, Newcastle Upon Tyne, NE6 2XX. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
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 company's functional and presentation currency is Sterling and all values are rounded to the nearest pound (£) except when otherwise stated. The following principal accounting policies have been applied:
| 2.2 | Financial instruments
The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Section 11 and the other presentation requirements of FRS 102. Financial instruments are recognised in the company's Statement of Financial Position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due within the operating cycle fall into this category of financial instruments. Page 3
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025 2.Accounting policies (continued)
| 2.2 | Financial instruments (continued)
Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the company will continue to recognise the value of the portion of the risks and rewards retained. Page 4
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025 2.Accounting policies (continued)
| 2.2 | Financial instruments (continued)
Derecognition of financial liabilities Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.
3. | Employees
| The average monthly number of employees during the period was Nil.
4. | Debtors: amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Other debtors | 100
5. | Share capital
|  |  |  |  | 2025
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 100 Ordinary shares of £1.00 each | 100
| There is a single class of ordinary shares. There are no restrictions on dividends and the repayment of capital.
On incorporation, 6 November 2024, the company issued 100 Ordinary shares with a nominal value of £1.00 each for par value.
6. | Subsequent events
On 3 March 2026, the company issued 8,000,000 Ordinary A shares with a nominal value of £1.00 each for par value and 2,000,000 Ordinary B shares with a nominal value of £1.00 each for par value. On 6 March 2026, the company passed a resolution to cancel and extinguish 2,000,000 Ordinary B shares with a nominal value of £1.00 in exchange for the entire share capital of Videx Security Limited. On 10 March 2026, the company changed its name from Videx Holdings Ltd to Videx U.K. Ltd. On 12 May 2026, the company granted a fixed charge in favour of Lloyds Bank PLC over a deposit account held with the bank. The charge, which contains a negative pledge, secures the company's present and future liabilities to Lloyds Bank PLC and restricts the company's ability to create further security over or otherwise deal with the charged deposit without the bank's prior written consent. Page 5
VIDEX U.K. LTD (FORMERLY VIDEX HOLDINGS LTD)
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 NOVEMBER 2025
7. | Ultimate parent undertaking and controlling party
At 30 November 2025, the immediate and ultimate controlling party was John Rickard. On 6 March 2026, the company was acquired by Videx Electronics SPA, incorporated and registered in Italy with company number 01208050441, whose registered office is at Via Del Lavoro, N.1, 63846 Monte Giberto (FM), Italy (Videx Italy), which became the immediate and ultimate controlling party. The results of the company are not included in the consolidated financial statements of any group.
Page 6