Registration number: 05559480

Invictus Systems Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Invictus Systems Ltd

Company Information

Directors

P A Brand C J Creedy A J Brand

Company secretary

W A Brand

Registered office

Unit 5 Murston Business Centre Norman Road Ashford Kent TN23 7AD

Accountants

Manningtons Chartered AccountantsVictoria House The Moor Hawkhurst Kent TN18 4NR

Invictus Systems Ltd

(Registration number: 05559480)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	78,695	82,233
Current assets
Debtors	5	56,440	102,268
Cash at bank and in hand		52,336	37,882
		108,776	140,150
Creditors: Amounts falling due within one year	6	(38,206)	(64,216)
Net current assets		70,570	75,934
Total assets less current liabilities		149,265	158,167
Provisions for liabilities		(11,026)	(14,007)
Net assets		138,239	144,160
Capital and reserves
Called up share capital		40	40
Retained earnings		138,199	144,120
Shareholders' funds		138,239	144,160

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 September 2026 and signed on its behalf by:
 

......................................... P A Brand Director

Invictus Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 5 Murston Business Centre
Norman Road
Ashford
Kent
TN23 7AD

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Invictus Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold properties	2% straight line
Plant and machinery	33% reducing balance basis
Fixtures, fittings and equipment	33% straight line
Motor vehicles	33% reducing balance basis
Office equipment	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Invictus Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2025 - 6).

Invictus Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery tangible assets £
Cost or valuation
At 1 April 2025	103,657	23,275	64,560	800
Additions	-	1,973	-	104
At 31 March 2026	103,657	25,248	64,560	904
Depreciation
At 1 April 2025	29,008	22,289	57,963	800
Charge for the year	2,073	1,329	2,177	35
At 31 March 2026	31,081	23,618	60,140	835
Carrying amount
At 31 March 2026	72,576	1,630	4,420	69
At 31 March 2025	74,649	987	6,597	-

	Total £
Cost or valuation
At 1 April 2025	192,292
Additions	2,077
At 31 March 2026	194,369
Depreciation
At 1 April 2025	110,060
Charge for the year	5,614
At 31 March 2026	115,674
Carrying amount
At 31 March 2026	78,695
At 31 March 2025	82,233

Included within the net book value of land and buildings above is £72,576 (2025 - £74,649) in respect of long leasehold land and buildings.
 

Invictus Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5

Debtors

	2026 £	2025 £
Trade debtors	56,400	83,050
Taxation and social security	-	18,178
Other debtors	40	1,040
	56,440	102,268

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	3,628	18
Taxation and social security	18,890	31,587
Accruals and deferred income	3,500	3,500
Other creditors	368	-
Directors loan account	11,820	29,111
	38,206	64,216