REGISTERED NUMBER: 11056917 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Pragmatiq Solutions Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

4,825

9,511

Tangible assets

5

16,900

13,947

21,725

23,458

CURRENT ASSETS

Debtors

6

394,450

368,745

Cash at bank

4,088,775

3,078,293

4,483,225

3,447,038

CREDITORS

Amounts falling due within one year

7

(1,339,243

)

(1,200,684

)

NET CURRENT ASSETS

3,143,982

2,246,354

TOTAL ASSETS LESS CURRENT LIABILITIES

3,165,707

2,269,812

PROVISIONS FOR LIABILITIES

(4,337

)

(3,487

)

NET ASSETS

3,161,370

2,266,325

CAPITAL AND RESERVES

Called up share capital

102

100

Retained earnings

3,161,268

2,266,225

3,161,370

2,266,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2026 and were signed on its behalf by:

Mr S Goldwater - Director

1.	STATUTORY INFORMATION

Pragmatiq Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11056917

Registered office:

Studio E1b Witan Studios

Witan Gate

Central Milton Keynes

Buckinghamshire

MK9 1EH

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

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.

Website development are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

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

Computer equipment

-

33% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Website

development

£

COST

At 1 December 2024

and 30 November 2025

31,866

AMORTISATION

At 1 December 2024

22,355

Amortisation for year

4,686

At 30 November 2025

27,041

NET BOOK VALUE

At 30 November 2025

4,825

At 30 November 2024

9,511

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2024

52,419

Additions

13,689

Disposals

(20,286

)

At 30 November 2025

45,822

DEPRECIATION

At 1 December 2024

38,472

Charge for year

10,289

Eliminated on disposal

(19,839

)

At 30 November 2025

28,922

NET BOOK VALUE

At 30 November 2025

16,900

At 30 November 2024

13,947

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

147,001

199,514

Other debtors

247,449

169,231

394,450

368,745

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

101,640

358,519

Taxation and social security

476,055

203,517

Other creditors

761,548

638,648

1,339,243

1,200,684

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.11.25

30.11.24

£

£

Within one year

47,208

47,234

Between one and five years

59,010

106,218

106,218

153,452

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

Mr J R Evans

Balance outstanding at start of year

5,883

2,184

Amounts advanced

8,831

8,159

Amounts repaid

(12,784

)

(4,460

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,930

5,883

Mr S Goldwater

Balance outstanding at start of year

-

2,508

Amounts repaid

-

(2,508

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

No interest has been charged in respect of these balances.