REGISTERED NUMBER: 09927141 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ISW SYSTEMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I M Yarranton

R Yarranton

REGISTERED OFFICE:

45 Pickering Road

Cheltenham

GL53 0LF

REGISTERED NUMBER:

09927141 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

4th Floor

St James House

St James Square

Cheltenham

England

GL50 3PR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,308

2,441

2,308

2,441

CURRENT ASSETS

Debtors

6

1,463

5,659

Cash at bank

2,985

1,916

4,448

7,575

CREDITORS

Amounts falling due within one year

7

22,270

10,931

NET CURRENT LIABILITIES

(17,822

)

(3,356

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,514

)

(915

)

PROVISIONS FOR LIABILITIES

438

464

NET LIABILITIES

(15,952

)

(1,379

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(16,152

)

(1,579

)

(15,952

)

(1,379

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2026 and were signed on its behalf by:

R Yarranton - Director

1.	STATUTORY INFORMATION

ISW Systems 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.

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.

The directors have reviewed the company's finances which confirm the company has adequate support and funding available to continue operating for the foreseeable future. The directors believe there are no material uncertainties that call into doubt the company's ability to continue as a going concern.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Franchise Agreement 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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Office equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

The company is reliant on the continued financial support from the director, who has provided confirmation of such financial support for the foreseeable future. On this basis these financial statements have been prepared on the going concern basis. The director has reasonable expectation that the company will continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

Agreement

£

Cost

At 1 January 2025

and 31 December 2025

17,500

Amortisation

At 1 January 2025

and 31 December 2025

17,500

Net book value

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2025

355

1,985

19,450

2,979

24,769

Additions

916

-

-

-

916

At 31 December 2025

1,271

1,985

19,450

2,979

25,685

Depreciation

At 1 January 2025

355

1,466

19,450

1,057

22,328

Charge for year

-

305

-

744

1,049

At 31 December 2025

355

1,771

19,450

1,801

23,377

Net book value

At 31 December 2025

916

214

-

1,178

2,308

At 31 December 2024

-

519

-

1,922

2,441

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,463

5,659

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,675

-

Taxation and social security

-

433

Other creditors

20,595

10,498

22,270

10,931

8.	RELATED PARTY DISCLOSURES