The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

The company reported a loss for the year but remains in a net asset position of £148,590 (2024: £465,228) with cash at bank of £306,563 (2024: £531,486) at the reporting date. During the year the company continued to grow its client base and increased turnover by 13% to £3,005,163, while also improving its gross margin. The directors have prepared forecasts and projections covering the period to at least 12 months from the date of approval, which indicate that the company will have adequate resources to meet its liabilities as they fall due throughout that period.
On the basis of these forecasts, and having considered the company's cash position, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover comprises the fair value of consideration received or receivable for the provision of subscription-based staff benefits services in the ordinary course of the Company's business, excluding value added tax and trade discounts.

Turnover is recognised when the following criteria are met:

- The amount of revenue can be measured reliably;

- It is probable that economic benefits associated with the transaction will flow to the Company;

- The stage of completion of the service can be reliably measured;

- The costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from subscription services is recognised on a straight-line basis over the subscription period, reflecting the period over which the Company provides access to the staff benefits platform and services to its customers.

Where a subscription includes multiple elements (e.g., platform access, optional add-ons or partner offers), turnover is allocated to each element based on the relative standalone selling price and recognised over the period in which the service is provided.

Amounts received in advance of services being provided are recognised as deferred income and released to turnover over the relevant service period. Conversely, where services have been provided but not yet invoiced, the income is accrued and included in turnover.

Where applicable, any discounts, rebates or credits offered to customers as part of subscription arrangements are deducted from turnover.

Where customers modify or cancel their subscription arrangements, the impact on turnover is assessed based on the revised terms, and revenue is recognised accordingly. Refunds issued for cancellations are deducted from turnover in the period in which the refund occurs.

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.


The company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.


Current and deferred tax assets and liabilities are not discounted.

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


Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.


Current and deferred tax assets and liabilities are not discounted.

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. If there is an indication that there has been significant change in the amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments.


Financial instruments are recognised in the company's balance sheet 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.