REGISTERED NUMBER: 02802725 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

EXASOFT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Malik

M A Malik

E J Malik

A B Malik

N J Barker

SECRETARY:

A Malik

REGISTERED OFFICE:

1 Innovation Village

Cheetah Road

Coventry

Warwickshire

CV1 2TL

REGISTERED NUMBER:

02802725 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Intangible assets

4

750

750

Tangible assets

5

112,082

148,995

112,832

149,745

CURRENT ASSETS

Debtors

6

2,321,305

3,016,874

Cash at bank

2,693,814

2,168,708

5,015,119

5,185,582

CREDITORS

Amounts falling due within one year

7

1,090,295

1,376,759

NET CURRENT ASSETS

3,924,824

3,808,823

TOTAL ASSETS LESS CURRENT LIABILITIES

4,037,656

3,958,568

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

3,987,656

3,908,568

SHAREHOLDERS' FUNDS

4,037,656

3,958,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 August 2026 and were signed on its behalf by:

A Malik - Director

1.	STATUTORY INFORMATION

Exasoft Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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, excluding discounts, rebates, value added tax and other sales taxes.

Patents

The patent shown in note 5 is not being ammortised. The fair value of the asset is considered to be materially correct.

Tangible fixed assets

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

Improvements to property

-

10% on reducing balance

Machinery and equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 September 2024

and 31 August 2025

750

NET BOOK VALUE

At 31 August 2025

750

At 31 August 2024

750

5.	TANGIBLE FIXED ASSETS

Improvements

Machinery

Fixtures

to

and

and

Motor

property

equipment

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

13,593

131,412

56,927

294,018

495,950

DEPRECIATION

At 1 September 2024

11,356

106,414

47,811

181,374

346,955

Charge for year

223

6,248

2,281

28,161

36,913

At 31 August 2025

11,579

112,662

50,092

209,535

383,868

NET BOOK VALUE

At 31 August 2025

2,014

18,750

6,835

84,483

112,082

At 31 August 2024

2,237

24,998

9,116

112,644

148,995

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

103,199

103,337

Amounts owed by group undertakings

2,178,408

2,876,358

Other debtors

39,698

37,179

2,321,305

3,016,874

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

28,079

34,038

Taxation and social security

79,921

184,865

Other creditors

982,295

1,157,856

1,090,295

1,376,759

8.	RELATED PARTY DISCLOSURES

At the year end the company was owed £4,858 (2024: £4,858) by a company under common control. In addition, the company was owed £210,980 (2024: £210,670) by fellow group undertakings. The balances comprised Credit U Limited £7,140 (2024: £6,830), F2Uni Limited £18,840 (2024: £18,840) and 10 Digital Creative Limited £185,000 (2024: £185,000). Amounts due from the parent undertaking, Exasoft Group Limited, are disclosed separately within the ultimate controlling party note.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Exasoft Group Limited.

At the balance sheet date the company was owed £1,967,428 (2024 - £2,665,688) by Exasoft Group Limited.