REGISTERED NUMBER: SC196174 (Scotland)

Audited Financial Statements For The Year Ended 31 March 2026

for

PayFacto UK Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M Leroux

D Robert

REGISTERED OFFICE:

Suite 2, 2nd Floor

The Mercantile Building

53 Bothwell Street

Glasgow

G2 6TS

REGISTERED NUMBER:

SC196174 (Scotland)

INDEPENDENT AUDITORS:

Robb Ferguson

Chartered Accountants & Statutory Auditors

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Intangible assets

4

-

7,500

Tangible assets

5

48,280

54,912

48,280

62,412

CURRENT ASSETS

Stocks

6

4,329

8,499

Debtors

7

466,940

448,793

Cash at bank

19,606

70,389

490,875

527,681

CREDITORS

Amounts falling due within one year

8

131,625

196,306

NET CURRENT ASSETS

359,250

331,375

TOTAL ASSETS LESS CURRENT LIABILITIES

407,530

393,787

PROVISIONS FOR LIABILITIES

7,460

13,728

NET ASSETS

400,070

380,059

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

399,970

379,959

SHAREHOLDERS' FUNDS

400,070

380,059

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

M Leroux - Director

1.	STATUTORY INFORMATION

PayFacto UK Ltd is a private company, limited by shares , registered in Scotland. 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 (£).

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.

Turnover

Turnover comprises the invoiced value of goods sold and services provided to customers in the ordinary course of business, net of VAT. Turnover is recognised when the customer is invoiced, after an installation takes place or on a monthly basis from the rental of POS terminals. Turnover relating to commission received from a third party is received at the beginning each month, which relates to the previous month. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of accruals and deferred income

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.

Customer lists are being amortised evenly over their estimated useful life of five 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

-

33.33% on cost

Payment terminals

-

33.33% on cost

Stocks

Stocks are stated at the lower of cost and net realisable value. Net realisable value is based on estimated selling price, less further costs expected to be incurred to completion and disposal. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the income statement. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in comprehensive income.

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 that have been enacted or substantively enacted by the statement of financial position date.

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.

Foreign currencies

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date. All exchange differences are included in the income statement.

Pension contributions

The company operates a defined contribution pension scheme on behalf of its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The amount charged to the income statement in respect of pension costs and other post retirement benefits is the contributions payable in the period. Differences between contributions payable in the period and contributions actually paid are shown as accruals or prepayments in the statement of financial position.

Leases

Rentals under operating leases are charged on a straight line basis over the lease of the term, even if the payments are not made on such a basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Customer

lists

£

COST

At 1 April 2025

and 31 March 2026

50,000

AMORTISATION

At 1 April 2025

42,500

Amortisation for year

7,500

At 31 March 2026

50,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

7,500

5.	TANGIBLE FIXED ASSETS

Computer

Payment

equipment

terminals

Totals

£

£

£

COST

At 1 April 2025

11,539

125,906

137,445

Additions

-

31,121

31,121

At 31 March 2026

11,539

157,027

168,566

DEPRECIATION

At 1 April 2025

6,816

75,717

82,533

Charge for year

3,595

37,559

41,154

Eliminated on disposal

-

(3,401

)

(3,401

)

At 31 March 2026

10,411

109,875

120,286

NET BOOK VALUE

At 31 March 2026

1,128

47,152

48,280

At 31 March 2025

4,723

50,189

54,912

6.

STOCKS

2026

2025

£

£

Finished goods

4,329

8,499

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

78,658

111,043

Amounts due from fellow group

undertakings

360,652

326,401

Prepayments and other debtors

27,630

11,349

466,940

448,793

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

12,799

19,638

Amounts due to fellow group

undertakings

52,740

41,795

Tax

11,939

16,520

VAT

13,380

23,763

Other creditors

-

57,500

Accruals and deferred income

40,767

37,090

131,625

196,306

9.	LEASING AGREEMENTS

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

2026

2025

£

£

Within one year

14,500

14,500

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

The Report of the Auditors was unqualified.

Graham Cantlay (Senior Statutory Auditor)

for and on behalf of Robb Ferguson

11.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

12.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is 9447-1513 Quebec Inc, whose registered office is 402-1 Place Du Commerce, Verdun QC H3E1A2. The ultimate controlling party is M Leroux.