REGISTERED NUMBER: 03081021 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Reckon One Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C H Hagglund

S J Allert

REGISTERED OFFICE:

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

REGISTERED NUMBER:

03081021 (England and Wales)

AUDITORS:

Gopsall Audit Services Limited

Chartered Accountants

Statutory Auditor

First Floor

7 Marina Court

Maple Drive

Hinckley

Leicestershire

LE10 3BF

CURRENT ASSETS

Debtors

4

46,811

-

CREDITORS

Amounts falling due within one year

5

60,784

15,600

NET CURRENT LIABILITIES

(13,973

)

(15,600

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,973

)

(15,600

)

CREDITORS

Amounts falling due after more than one year

6

-

1,178

NET LIABILITIES

(13,973

)

(16,778

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(13,974

)

(16,779

)

SHAREHOLDERS' FUNDS

(13,973

)

(16,778

)

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 18 August 2026 and were signed on its behalf by:

C H Hagglund - Director

1.	STATUTORY INFORMATION

Reckon One 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are rounded to the nearest pound (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Going concern

The financial statements have been prepared on a going concern basis. The company had net liabilities at the year end. The company's parent undertaking, Reckon Limited, has agreed to provide support for the company for at least twelve months following the date of approval of the financial statements. In addition, the parent company directors have prepared a going concern assessment for the group, including the company, based on forecasts for a period up to December 2027, including realistic downside scenarios. On this basis, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents subscription income which is recognised evenly over the subscription contract period.

Financial instruments

Basic financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement within other administrative expenses.

Other financial assets and liabilities, such as loans, are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

960

-

Amounts owed by group undertakings

36,424

-

Other debtors

9,427

-

46,811

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Tax

791

-

VAT

5,202

-

Accruals and deferred income

54,791

15,600

60,784

15,600

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

-

1,178

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

276,583

Ordinary share capital

0.00000362

1

1

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter White (Senior Statutory Auditor)

for and on behalf of Gopsall Audit Services Limited

9.	ULTIMATE PARENT COMPANY

The directors consider the company's immediate and ultimate parent undertaking of the smallest and largest group to be Reckon Limited ('Reckon'), a company incorporated in Australia. Reckon is listed on the Australian stock exchange and prepares consolidated financial statements which are publicly available from Level 2, 100 Pacific Highway, North Sydney, NSW 2060, Australia.

The Reckon consolidated financial statements disclose remuneration received by auditors for audit and other services.