Company No: 03198468 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Director

D Maxwell

Secretary

S Sharma

Registered office	3 Tickhill Street
	Bradford
	West Yorks
	BD3 9RY
	United Kingdom

Business address	3 Rosneath Castle Caravan Park
	Rosneath
	Helensburgh
	G84 0QS

Company number

03198468 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Peosys Limited for the financial year ended 31 August 2025 which comprise the Balance Sheet and the related notes 1 to 5 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Director of Peosys Limited, as a body, in accordance with the terms of our engagement letter dated 07 June 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Peosys Limited and state those matters that we have agreed to state to the director of Peosys Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peosys Limited and its Director as a body for our work or for this report.

It is your duty to ensure that Peosys Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Peosys Limited. You consider that Peosys Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Peosys Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG

29 August 2026

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	109		77
		109		77
Current assets
Cash at bank and in hand		93		493
		93		493
Creditors: amounts falling due within one year	4	( 173,363)		( 171,646)
Net current liabilities		(173,270)		(171,153)
Total assets less current liabilities		(173,161)		(171,076)
Net liabilities		( 173,161)		( 171,076)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 173,261 )		( 171,176 )
Total shareholder's deficit		( 173,161)		( 171,076)

For the financial year ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Peosys Limited (registered number: 03198468) were approved and authorised for issue by the Director on 29 August 2026. They were signed on its behalf by:

D Maxwell Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Peosys Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3 Tickhill Street, Bradford, West Yorks, BD3 9RY, United Kingdom. The principal place of business is 9 St. Stephen's Place, Stevenston, Ayrshire, KA20 4JJ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The principle activity of the company in the year under review was software and website development.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £1.

Going concern

Despite the company reporting net liabilities of £173,161 (2024 - £171,076) as at the balance sheet date, the financial statements have been prepared on the going concern basis. Included within "Creditors", is an amount of £172,293 (2024 - £170,476) due to the Director who has confirmed that he will not call for repayment of this sum until the company has sufficient cash reserves to do so.

For this reason, the Director continues to adopt the going concern basis in preparing the financial statements.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Fixtures and fittings		Total
	£		£
Cost
At 01 September 2024	2,958		2,958
Additions	105		105
At 31 August 2025	3,063		3,063
Accumulated depreciation
At 01 September 2024	2,881		2,881
Charge for the financial year	73		73
At 31 August 2025	2,954		2,954
Net book value
At 31 August 2025	109		109
At 31 August 2024	77		77

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to director	172,293		170,476
Accruals	1,070		1,170
	173,363		171,646

5. Related party transactions

Transactions with the entity's director

The Company was under the control of Mr D Maxwell (Managing Director and Sole Shareholder) throughout the current year. During the year, Mr Maxwell advanced monies in total of £1,817 (2024 - £1,343) in order to pay expenses on behalf of the Company. At the year end, a balance of £172,293 was owed by the Company to Mr Maxwell (2024 - £170,476).

Mr Maxwell has also agreed to make funds available to the Company to meet its liabilities, as and when they fall due.