REGISTERED NUMBER: 09054394 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2026

FOR

EMBEDDED IT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P R Clark

REGISTERED OFFICE:

4500 Parkway

Solent Business Park

Whiteley

Fareham

Hampshire

PO15 7AZ

REGISTERED NUMBER:

09054394 (England and Wales)

FIXED ASSETS

Tangible assets

4

7,278

4,820

CURRENT ASSETS

Debtors

5

49,540

81,651

Cash at bank

-

45,801

49,540

127,452

CREDITORS

Amounts falling due within one year

6

51,895

79,359

NET CURRENT (LIABILITIES)/ASSETS

(2,355

)

48,093

TOTAL ASSETS LESS CURRENT LIABILITIES

4,923

52,913

CREDITORS

Amounts falling due after more than one year

7

(29,232

)

(40,113

)

PROVISIONS FOR LIABILITIES

(1,383

)

(1,205

)

NET (LIABILITIES)/ASSETS

(25,692

)

11,595

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(25,694

)

11,593

(25,692

)

11,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 October 2026 and were signed by:

Mr P R Clark - Director

1.	STATUTORY INFORMATION

Embedded It 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.

Going Concern

As a result of staff changes and losses of some client revenues, the shape of the business is likely to change through 2026-2027. The business will continue to operate with cash support from the Director, whilst looking for alternative / new revenue streams to maintain cash flow. On this basis the Director is confident that the company continues to be a going concern.

Turnover

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

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

-

25% straight line

Fixtures and fittings

-

25% straight line

Computer equipment

-

33% straight line

All fixed assets are initially recorded at 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2025

3,569

3,013

16,397

22,979

Additions

-

668

4,987

5,655

At 31 May 2026

3,569

3,681

21,384

28,634

DEPRECIATION

At 1 June 2025

1,060

2,520

14,579

18,159

Charge for year

715

295

2,187

3,197

At 31 May 2026

1,775

2,815

16,766

21,356

NET BOOK VALUE

At 31 May 2026

1,794

866

4,618

7,278

At 31 May 2025

2,509

493

1,818

4,820

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

14,212

26,647

Other debtors

35,328

55,004

49,540

81,651

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

17,006

11,403

Trade creditors

-

2,026

Taxation and social security

5,381

60,209

Other creditors

29,508

5,721

51,895

79,359

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

29,232

40,113

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2026 and 31 May 2025:

2026

2025

£

£

Mr P R Clark

Balance outstanding at start of year

18

4,414

Amounts advanced

69,406

100,147

Amounts repaid

(37,930

)

(104,543

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

31,494

18

The loan has been fully repaid since the year end.