| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| FOR |
| MINSTER COMPUTER SYSTEMS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| FOR |
| MINSTER COMPUTER SYSTEMS LIMITED |
| MINSTER COMPUTER SYSTEMS LIMITED (REGISTERED NUMBER: 02271395) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| MINSTER COMPUTER SYSTEMS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| New Media House |
| Davidson Road |
| Lichfield |
| Staffordshire |
| WS14 9DZ |
| MINSTER COMPUTER SYSTEMS LIMITED (REGISTERED NUMBER: 02271395) |
| STATEMENT OF FINANCIAL POSITION |
| 30 NOVEMBER 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 9 |
| Share premium |
| Capital redemption reserve |
| Retained earnings |
| Shareholders' funds |
| The director acknowledges his 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. |
| MINSTER COMPUTER SYSTEMS LIMITED (REGISTERED NUMBER: 02271395) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 30 NOVEMBER 2025 |
| The financial statements were approved by the director and authorised for issue on |
| MINSTER COMPUTER SYSTEMS LIMITED (REGISTERED NUMBER: 02271395) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| 1. | STATUTORY INFORMATION |
| Minster Computer Systems Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced goods and services, excluding value added tax. |
| In respect of long term contracts for on-going services, turnover represents the value of work done during the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on-going services is recognised by reference to the stage of completion. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
| MINSTER COMPUTER SYSTEMS LIMITED (REGISTERED NUMBER: 02271395) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| 3. | ACCOUNTING POLICIES - continued |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 December 2024 |
| Additions |
| Disposals | ( |
) |
| At 30 November 2025 |
| DEPRECIATION |
| At 1 December 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 November 2025 |
| NET BOOK VALUE |
| At 30 November 2025 |
| At 30 November 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| MINSTER COMPUTER SYSTEMS LIMITED (REGISTERED NUMBER: 02271395) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2025 | 2024 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, called up and fully paid shares |
| 2025 | 2025 | 2024 | 2024 |
| No. | £ | No. | £ |
| Ordinary Class A Shares of £1 each | 20,000 | 20,000 | 20,000 | 20,000 |
| Ordinary Class C Shares of £1 each | 10,000 | 10,000 | 10,000 | 10,000 |
| Ordinary Class D Shares of £1 each | - | - | 2 | 2 |
| Ordinary Class F Shares of £1 each | - | - | 1 | 1 |
| Ordinary Class N Shares of £1 each | - | - | 1 | 1 |
| Ordinary Class O Shares of £1 each | - | - | 1 | 1 |
| Ordinary Class P Shares of £1 each | - | - | 1 | 1 |
| Ordinary Class B Shares of £1 each | 5,000 | 5,000 | 5,000 | 5,000 |
| 35,006 | 35,006 | 35,006 | 35,006 |
| During the year, the company bought back from the parent company, the issued share capital of Ordinary D, Ordinary F, Ordinary N, Ordinary O and Ordinary P shares for their nominal value. |
| MINSTER COMPUTER SYSTEMS LIMITED (REGISTERED NUMBER: 02271395) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 NOVEMBER 2025 |
| 10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024: |
| 2025 | 2024 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 11. | RELATED PARTY DISCLOSURES |
| Directors |
| The director owed the company £4,988 (2024: £12,244) at the year end. This loan has the HMRC Official Rate of Interest applied to it and is repayable on demand. |
| Palega Limited |
| Owns 100% of the share capital of Minster Computer Systems Limited |
| During the year, the company recharged costs to Palega Limited of £240 (2024 £240) and was charged management charges by Palega Limited of £92,000 (2024: £48,000). There was a balance outstanding to Minster Computer Systems Limited at the year end of £143,969 (202: £143,735). |
| 12. | ULTIMATE PARENT COMPANY |
| Palega Limited is regarded by the director as being the company's ultimate parent company. Palega Limited's registered office address is 3 Sherbrook House, Swan Mews, Lichfield, Staffordshire, WS13 6TU. |
| The director, Mr P Van Deventer, owned 80% of the share capital of Palega Limited. |