|
| Basis for opinion |
| We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. |
|
| Conclusions relating to going concern |
| In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. |
| Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. |
| Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. |
|
| Other information |
| The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. |
| We have nothing to report in this regard. |
|
| Opinions on other matters prescribed by the Companies Act 2006 |
| In our opinion, based on the work undertaken in the course of the audit: |
| ● |
the information given in the strategic report and the directors’ report for the financial period for which the financial statements are prepared is consistent with the financial statements; and |
| ● |
the strategic report and the directors’ report have been prepared in accordance with applicable legal requirements. |
|
| Matters on which we are required to report by exception |
|
| Extent to which the audit was considered capable of detecting irregularities, including fraud |
| Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud. |
| We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud. |
| In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included: |
| ● |
Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud;
|
| ● |
Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the company through enquiry and inspection;
|
| ● |
Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;
|
| ● |
Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias. |
|
| Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. |
|
| Use of our report |
| This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. |
|
|
| Joelene Swart |
20 October 2026 |
| (Senior Statutory Auditor) |
Ty Derw, Lime Tree Court |
| for and on behalf of |
Cardiff Gate Business Park |
| Azets Audit Services |
Cardiff |
| Chartered Accountants |
United Kingdom |
| Statutory Auditor |
CF23 8AB |
|
| Scalian UK Limited |
| Notes to the Accounts |
| for the period from 1 July 2025 to 31 December 2025 |
|
| 1 |
Summary of significant accounting policies |
|
|
Company information |
|
Scalian UK Limited is a private company limited by shares incorporated in England and Wales. |
|
The registered office is 118 High Street, Staple Hill, Bristol, BS16 5HH. |
|
|
Basis of preparation |
|
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102, "The Financial Reporting Standard applicable in the UK and Republic of Ireland." ("FRS102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirments of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view.
During the period, the company changed its accounting reference date from 30 June to 31 December. Accordingly, these financial statements cover the six-month period ended 31 December 2025. The comparative figures relate to the twelve-month period ended 30 June 2025 and are therefore not directly comparable.
The financial statements are presented in Sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. |
|
|
Going concern |
|
The Financial Statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making their assessment the directors have reviewed the balance sheet, the likely future cash flows of the business and have considered the facilities and cash that are in place at this point in time. The Group of which the company is part has a diversified structure with group companies working in a variety of segments and countries. This offers good risk diversification and the prerequisites for stability as a Group. The company has reviewed its cash flow requirements for the coming months and, together with the confirmed Group support, the directors have a reasonable expectation that they can continue in business and on that basis feel it appropriate to prepare the Financial Statements on a going concern basis. |
|
|
Turnover |
|
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated rebates and other similar allowances. Revenue is recognised in the period that the service relates to.
Project Quality Management and Operations Performance revenue is recognised at equal stages throughout the duration of the project.
Digital Systems revenue is recognised over the duration of the contact according to agreed milestones and on conclusion of specific one off projects undertaken by the company. |
|
|
Work in progress |
|
Work in progress is measured at the lower of accumlated costs plus earned profit and the estimated selling price relative to the stage of completion. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.
At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Critical accounting estimates and judgements |
|
|
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. |
|
|
The key sources of estimation uncertainty that have significant effect on the amounts recognised in the financial statements are described below:
Impairment of debtors
The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience. See note 7 for the net carrying amount of the debtors. |
|
|
| 3 |
Analysis of turnover |
31/12/25 |
30/6/25 |
| £ |
£ |
|
|
Services rendered |
1,472,543 |
|
2,170,504 |
|
|
|
|
|
|
|
|
|
|
By geographical market: |
|
|
UK |
1,472,543 |
|
2,170,504 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Staff costs |
31/12/25 |
30/6/25 |
| £ |
£ |
|
|
Wages and salaries |
667,412 |
|
1,208,226 |
|
Social security costs |
87,774 |
|
147,554 |
|
Other pension costs |
27,711 |
|
49,436 |
|
|
|
|
|
|
782,897 |
|
1,405,216 |
|
|
|
|
|
|
|
|
|
|
|
Average number of employees during the year |
Number |
Number |
|
|
Administration |
3 |
|
2 |
|
Manufacturing |
23 |
|
21 |
|
|
|
|
|
|
26 |
|
23 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Interest payable |
31/12/25 |
30/6/25 |
| £ |
£ |
|
|
Interest payable to group entities |
11,419 |
|
52,912 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Work in progress |
31/12/25 |
30/6/25 |
| £ |
£ |
|
|
Work in progress |
158,991 |
|
151,580 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Debtors |
31/12/25 |
30/6/25 |
| £ |
£ |
|
|
Trade debtors |
696,929 |
|
477,766 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
81,524 |
|
93,721 |
|
Other debtors |
388 |
|
1,544 |
|
Prepayments and accrued income |
50,783 |
|
40,003 |
|
|
|
|
|
|
829,624 |
|
613,034 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due within one year |
31/12/25 |
30/6/25 |
| £ |
£ |
|
|
Trade creditors |
18,723 |
|
9,467 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
1,183,215 |
|
1,197,110 |
|
Other taxes and social security costs |
170,345 |
|
152,301 |
|
Other creditors |
2,399 |
|
102,606 |
|
Accruals and deferred income |
206,090 |
|
242,852 |
|
|
|
|
|
|
1,580,772 |
|
1,704,336 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Share capital |
Nominal |
31/12/25 |
31/12/25 |
30/6/25 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 10 |
Profit and loss account |
31/12/25 |
30/6/25 |
| £ |
£ |
|
|
At 1 July |
(441,721) |
|
(454,086) |
|
Profit for the period |
75,531 |
|
12,365 |
|
|
At 31 December |
(366,190) |
|
(441,721) |
|
|
|
|
|
|
|
|
|
|
| 11 |
Related party transactions |
|
|
The company has taken advantage of the exemptions available under FRS102 Section 1A, Section 33 and has not disclosed related party transactions with companies that are part of the Scalian Group. |
|
|
| 12 |
Controlling party |
|
|
The company's ultimate controlling party and ultimate parent undertaking who draw up the Consolidated Financial Statements of the smallest and largest group of which the company is a member is Scalian SAS, a company incorporated in France. Copies of Scalian SAS consolidated financial statements can be obtained from Scalian Group, 14 rue Paul Mesplé, 31100 Toulouse, France. |