Company No: 07932925 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	6,357		4,977
Investments	4	2,200		2,200
		8,557		7,177
Current assets
Debtors	5	350,099		428,407
Cash at bank and in hand		972,542		616,073
		1,322,641		1,044,480
Creditors: amounts falling due within one year	6	( 560,151)		( 446,004)
Net current assets		762,490		598,476
Total assets less current liabilities		771,047		605,653
Provision for liabilities	7	( 1,427)		( 1,085)
Net assets		769,620		604,568
Capital and reserves
Called-up share capital	8	185,263		185,263
Share premium account		4,736		4,736
Capital redemption reserve		50,914		50,914
Profit and loss account		528,707		363,655
Total shareholders' funds		769,620		604,568

For the financial year ending 30 June 2026 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 Profit and Loss Account has not been delivered.

The financial statements of Apposite Technology Partners Ltd (registered number: 07932925) were approved and authorised for issue by the Board of Directors on 23 October 2026. They were signed on its behalf by:

Mr P Arr Woodward 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

Apposite Technology Partners Ltd (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 C/O Bishop Fleming Llp, 10 Temple Back, Bristol, BS1 6FL, United Kingdom. The principal place of business is 9 Sandpiper Close, Appledore, Kent, TN26 2FP.

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 Statement of Financial Position 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.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

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 reporting date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account 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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position 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.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account 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 Statement of Financial Position.

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 reporting 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 reducing balance basis over its expected useful life, as follows:

Computer equipment

33 % reducing balance

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each reporting date, the Company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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 Statement of Financial Position 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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

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. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	8		8

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 July 2025	13,130		13,130
Additions	4,155		4,155
At 30 June 2026	17,285		17,285
Accumulated depreciation
At 01 July 2025	8,153		8,153
Charge for the financial year	2,775		2,775
At 30 June 2026	10,928		10,928
Net book value
At 30 June 2026	6,357		6,357
At 30 June 2025	4,977		4,977

4. Fixed asset investments

Investments in subsidiaries

	2026
	£
Cost
At 01 July 2025	2,200
At 30 June 2026	2,200
Carrying value at 30 June 2026	2,200
Carrying value at 30 June 2025	2,200

5. Debtors

	2026		2025
	£		£
Trade debtors	348,564		353,048
Prepayments	1,535		15,359
Other debtors	0		60,000
	350,099		428,407

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	0		9,628
Trade creditors	172,161		145,744
Amounts owed to directors	1,156		777
Accruals and deferred income	366,816		261,807
Corporation tax	6,424		13,707
Other taxation and social security	11,858		12,544
Other creditors	1,736		1,797
	560,151		446,004

Accruals and deferred income is split as follows:

Accruals: £251,450 (2025: £192,552)
Deferred income: £115,366 (2025: £69,255)

7. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 1,085)		( 1,225)
(Charged)/credited to the Profit and Loss Account	( 342)		140
At the end of financial year	( 1,427)		( 1,085)

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
185,263 Ordinary shares of £ 1.00 each (2025: nil shares)	185,263		0
Nil Ordinary (£0.25 paid) shares (2025: 80,000 shares of £ 1.00 each)	0		20,000
Nil Ordinary (Fully paid) shares (2025: 105,263 shares of £ 1.00 each)	0		105,263
	185,263		125,263
Allotted, called-up and not yet paid
Nil Ordinary (£0.75 unpaid) shares (2025: 80,000 shares of £ 1.00 each)	0		60,000

All unpaid shares were fully paid during the year.

9. Financial commitments

Commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

	2026		2025
	£		£
Unpaid contributions due to the fund (inc. in other creditors)	1,318		1,292

10. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Amounts owed to directors	1,156		777

The loans are interest free with no fixed date for repayment.

11. Share based payments

During the year, the company operated an Enterprise Management Incentive ("EMI") share option scheme for certain directors and employees. The scheme is intended to provide an incentive to participants and align their interests with those of the shareholders.

The options entitle participants to acquire ordinary shares in the company at a fixed exercise price, subject to the satisfaction of specified vesting conditions. The options are exercisable on the occurrence of a qualifying exit event.

At the year end, options over 52,932 Ordinary shares were outstanding (2025: Nil). The exercise price of the options is £1.37 per share.

No amounts have been recognised within equity in respect of these arrangements, and no share-based payment reserve has been recorded in these financial statements.