Contents of the Financial Statements

for the Period Ended 31 May 2025

Directors' report period ended 31 May 2025

The directors present their report with the financial statements of the company for the period ended 31 May 2025

Directors

The director shown below has held office during the period of
13 January 2025 to 31 May 2025

The director shown below has held office during the period of
29 May 2024 to 20 January 2025

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 June 2025

And signed on behalf of the board by:
Name: Dilyan Manolov
Status: Director

Profit And Loss Account

for the Period Ended 31 May 2025

Balance sheet

As at 31 May 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 May 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 May 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents consideration receivable for services provided, net of Value Added Tax, rebates and discounts. Revenue is recognised over time where the customer simultaneously receives and consumes the benefits of the Company's performance; fixed-scope assignments are recognised by reference to completed milestones and accepted deliverables.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less accumulated depreciation and impairment. Depreciation is charged on a straight-line basis over estimated useful economic lives, with appropriate time apportionment in the year of acquisition. Assets acquired late in the period are depreciated from the date they are available for use.

  Intangible fixed assets amortisation policy

  Separately acquired software, licences, platforms, development rights and other identifiable intangible assets are stated at cost less accumulated amortisation and impairment. Amortisation is charged on a straight-line basis over their estimated useful economic lives from the date the asset is available for use.

  Valuation information and policy

  The financial statements are prepared under the historical cost convention. Fixed assets are carried at cost less accumulated depreciation or amortisation and impairment. Current investments are measured at amortised cost less impairment. No revaluation model has been applied.

  Other accounting policies

  Cost of sales includes specialist personnel, subcontractors, agents, direct technical costs, project support and other direct expenditure attributable to customer engagements. Costs are recognised in the same period as the related revenue. Trade debtors, cash, trade creditors, accruals and the Director's loan are basic financial instruments. They are initially measured at transaction price and subsequently at amortised cost, less impairment where applicable. Current investments comprise short-term deposits and money-market instruments expected to mature or be realised within twelve months. They are measured at amortised cost less impairment. At each reporting date the Company reviews tangible and intangible assets and financial assets for indicators of impairment. Where indicators exist, carrying amounts are reduced to recoverable amounts and impairment losses are recognised in profit or loss. Current tax is recognised for corporation tax payable on taxable profit using enacted or substantively enacted rates. Deferred tax is recognised on material timing differences where required by FRS 102. Short-term employee benefits are recognised as an expense as services are received. Employer pension contributions are recognised in the period to which they relate. Transactions denominated in foreign currencies are translated at the exchange rate at the transaction date. Monetary assets and liabilities are retranslated at the reporting-date rate, with exchange differences recognised in profit or loss.

Notes to the Financial Statements

for the Period Ended 31 May 2025

• 2. Employees

  	2025
  Average number of employees during the period	9