Company No: 09207136 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	P Edwards
	P Taylor
	G Thompson

Registered office	71-75 Shelton Street
	Covent Garden
	London
	WC2H 9JQ
	United Kingdom

Company number

09207136 (England and Wales)

Accountant	Kreston Reeves LLP
	9 Donnington Park
	85 Birdham Road
	Chichester
	West Sussex
	PO20 7AJ

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inosys Limited for the financial year ended 31 December 2025 which comprise the Balance Sheet and the related notes 1 to 11 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Board of Directors of Inosys Limited, as a body, in accordance with the terms of our engagement letter dated 22 April 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Inosys Limited and state those matters that we have agreed to state to the Board of Directors of Inosys Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inosys Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Inosys Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Inosys Limited. You consider that Inosys Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Inosys Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

9 Donnington Park
85 Birdham Road
Chichester
West Sussex
PO20 7AJ

07 September 2026

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	34,602		56,503
		34,602		56,503
Current assets
Debtors	5	315,229		422,054
Cash at bank and in hand		214,455		491,848
		529,684		913,902
Creditors: amounts falling due within one year	6	( 209,084)		( 320,148)
Net current assets		320,600		593,754
Total assets less current liabilities		355,202		650,257
Creditors: amounts falling due after more than one year	7	0		( 10,000)
Provision for liabilities	8	( 8,264)		( 13,583)
Net assets		346,938		626,674
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		346,838		626,574
Total shareholders' funds		346,938		626,674

For the financial year ending 31 December 2025 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Inosys Limited (registered number: 09207136) were approved and authorised for issue by the Board of Directors on 05 September 2026. They were signed on its behalf by:

G Thompson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Inosys Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Prior year adjustment

Material prior year adjustments are accounted for by restating the comparative amounts for the prior period presented and, where applicable, restating the opening balances of assets, liabilities and reserves for the earliest period presented. Corrections of errors are recognised retrospectively in the first financial statements authorised for issue after their discovery. The nature of the prior year adjustment and its effect on the financial statements are disclosed where material. Changes in accounting estimates are recognised prospectively and are not treated as prior year adjustments.

Foreign currency

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.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	5 years straight line
Fixtures and fittings	4 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Prior year adjustment

The split between cost of sales and administrative expenses were reviewed during the year and the comparative year was updated to reflect the revised allocations. This impacted the prior year gross profit but the operating profit remained unchanged. Therefore there is no resulting adjustment to the opening balance of retained earnings.

		As previously reported		Adjustment		As restated
Year ended 31 December 2024		£		£		£
Profit and loss account		626,574		0		626,574

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	15		13

4. Tangible assets

	Plant and machinery		Fixtures and fittings		Computer equipment		Total
	£		£		£		£
Cost
At 01 January 2025	19,094		29,565		54,445		103,104
Additions	0		0		1,115		1,115
At 31 December 2025	19,094		29,565		55,560		104,219
Accumulated depreciation
At 01 January 2025	4,944		11,985		29,672		46,601
Charge for the financial year	3,819		6,788		12,409		23,016
At 31 December 2025	8,763		18,773		42,081		69,617
Net book value
At 31 December 2025	10,331		10,792		13,479		34,602
At 31 December 2024	14,150		17,580		24,773		56,503

5. Debtors

	2025		2024
	£		£
Trade debtors	245,809		278,898
Corporation tax	20,324		0
Other debtors	49,096		143,156
	315,229		422,054

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	10,000		10,000
Trade creditors	68,651		73,093
Taxation and social security	61,624		194,345
Other creditors	68,809		42,710
	209,084		320,148

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		10,000

8. Provision for liabilities

	2025		2024
	£		£
Deferred tax	8,264		13,583

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
40 A ordinary shares of £ 1.00 each (2024: nil shares)	40		0
40 B ordinary shares of £ 1.00 each (2024: nil shares)	40		0
20 C ordinary shares of £ 1.00 each (2024: nil shares)	20		0
Nil Ordinary shares (2024: 100 shares of £ 1.00 each)	0		100
	100		100

10. Financial commitments

Commitments

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating leases	128,417		151,417

11. Related party transactions

Transactions with the entity's directors

An advance was made to a director on 31 December 2025 for £20,508 (interest free), and is repayable on demand. £62,388 has been repaid and no amounts written-off or waived in the year. The balance of the loan outstanding on 31 December 2025 is £12,000 (2024: £53,880).