REGISTERED NUMBER: 09382834 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Caja Limited

Page

Report of the Directors

1

Balance Sheet

3

Notes to the Financial Statements

5

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

REVIEW OF BUSINESS

2025 was a year in which Caja's strategic investments started paying off, with stronger margins, deeper strategic partnerships and a clearer market position.

This year has seen Caja continuing to invest in growing its own employee base, through further investment in Behavioural Science, Data Science and Transformation resources, whilst also strengthening our senior resources through our associate community. This shift towards a more balanced mix of employees and associates has started to deliver results at project level with an increase in project margins over the year.

Alongside the investment in employees and continuing our innovative approach we have invested heavily in the development of our AWS capabilities, both from a platform and cloud perspective and also in the further development of our Insight QI products for both health and social care and higher education.

During Q4, the Company completed the migration of its data storage infrastructure to AWS Secure Cloud. This provides a fully secure, cloud-hosted environment for the storage of both client data and the Company's own hosted solutions, including InsightsCI, compliant with ISO 27001, Cyber Essentials Plus, UK GDPR standards. This infrastructure has also enabled the development of enhancements to the Insights product suite, including machine learning-based predictive models and natural language chatbot interfaces. In parallel, the migration has strengthened internal technical capability, with a number of staff completing AWS certified training, and the Company has developed a roadmap towards achieving AWS Tier Partner status.

Our partnerships with Proservartner and Axcess have continued to develop over the year, with us working collaboratively with both companies on a number of deals over 2025. Significantly at the end of the year, we undertook a RPA project with Proservartner in the Higher Education sector which we hope will open other opportunities for us in the RPA/AI space for us in 2026.

We have continued to focus on operating costs and with a view to reducing these where possible have entered discussions with Staffordshire County Council and Keele University Science Park in relocating to slightly smaller premises on the existing campus and will hope to make the move in 2026.

Our two major markets have remained:

" Health, Social Care and Public Health

" Higher Education

We have continued to develop brand awareness in both these markets and undertaken a number of social media and marketing campaigns over the year, as well as speaking at a number of conferences over the year.

Our earlier investment in Lean Six Sigma and Agile methodologies and further development of our human-centred approaches, are now developing as true differentiators in the market. Our behavioural science, data science and process optimisation capabilities are now acting as the key differentiators for Caja as we engage with existing and new clients in the market.

We also once again demonstrated our credibility in the market through our work being recognised through t further awards from the Association for Business Psychology (ABP) again in 2025.

We believe that the strategic initiatives we have put in place during 2025, have created a firm foundation for 2026, including further development of our AI capabilities, growth across both markets and continued investment in our people.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

Mrs C A Brown

Mr N S Guest

Mr A L Woodcock

Ms C E Weber

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs C A Brown - Director

2 September 2026

FIXED ASSETS

Tangible assets

4

51,877

70,491

CURRENT ASSETS

Debtors

5

160,453

335,994

Cash at bank

182,023

19,500

342,476

355,494

CREDITORS

Amounts falling due within one year

6

328,814

316,523

NET CURRENT ASSETS

13,662

38,971

TOTAL ASSETS LESS CURRENT LIABILITIES

65,539

109,462

CREDITORS

Amounts falling due after more than one year

7

(50,000

)

(68,090

)

PROVISIONS FOR LIABILITIES

(12,969

)

(17,623

)

NET ASSETS

2,570

23,749

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

2,370

23,549

SHAREHOLDERS' FUNDS

2,570

23,749

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2026 and were signed on its behalf by:

Mr A L Woodcock - Director

Mrs C A Brown - Director

Ms C E Weber - Director

Mr N S Guest - Director

1.	STATUTORY INFORMATION

Caja Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09382834

Registered office:

Ic5 Innovation Way

Keele Science Park

Newcastle Under Lyme

Staffordshire

ST5 5NT

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.

Turnover

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 14 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2025

55,540

120,113

175,653

Additions

7,549

-

7,549

At 31 December 2025

63,089

120,113

183,202

DEPRECIATION

At 1 January 2025

52,613

52,549

105,162

Charge for year

9,272

16,891

26,163

At 31 December 2025

61,885

69,440

131,325

NET BOOK VALUE

At 31 December 2025

1,204

50,673

51,877

At 31 December 2024

2,927

67,564

70,491

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

129,413

308,908

Other debtors

31,040

27,086

160,453

335,994

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

91,212

135,182

Taxation and social security

180,931

137,664

Other creditors

56,671

43,677

328,814

316,523

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

50,000

68,090

8.	OTHER FINANCIAL COMMITMENTS

The company has operating lease commitments of £92,021 (2024: £153,347). The relating leases are due to be satisfied in years 2026 and 2027.