Contents of the Financial Statements

for the Period Ended 31 March 2026

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Directors

The director shown below has held office during the whole of the period from
1 April 2025 to 31 March 2026

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
12 October 2026

And signed on behalf of the board by:
Name: Khalid Farooq Akhtar
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2026

Balance sheet

As at 31 March 2026

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2026 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 March 2026

• 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 AND REVENUE RECOGNITION Turnover represents the total value of income generated by the company from its principal trading activities during the financial reporting period. The company's revenue is primarily derived from the wholesale supply and distribution of computers, computer peripheral equipment, software, machinery and other related commercial products, together with income arising from the provision of associated business and support services. Revenue is recognised in accordance with the substance of the underlying commercial transactions and the applicable financial reporting requirements, ensuring that income is recorded in the appropriate accounting period. Turnover is measured at the fair value of the consideration received or receivable in exchange for goods supplied or services rendered in the ordinary course of business. The amount recognised excludes Value Added Tax, trade discounts, volume rebates, customer allowances and other reductions in the consideration to which the company is entitled. Where transactions involve deferred settlement arrangements or other contractual terms that may affect the amount or timing of consideration, the company assesses the appropriate revenue measurement in accordance with the applicable accounting standards. Revenue arising from the sale of goods is recognised when the significant risks and rewards associated with ownership of the goods have transferred to the purchaser, the company no longer retains continuing managerial involvement or effective control over the goods sold, and the amount of revenue can be measured reliably. Recognition also requires that the economic benefits associated with the transaction are probable and that the costs incurred or expected to be incurred in connection with the sale can be measured reliably. The point at which these conditions are satisfied is determined by reference to the contractual terms agreed with the customer and the circumstances of the relevant transaction. In relation to the wholesale distribution of computer hardware, peripheral equipment, software products, machinery and other commercial goods, revenue is generally recognised when the relevant goods have been delivered or otherwise made available to the customer in accordance with the agreed contractual arrangements, provided that the significant risks and rewards of ownership have passed to the purchaser. Where delivery terms, customer acceptance conditions or other contractual provisions affect the transfer of risks and rewards, revenue recognition is determined by reference to the specific terms of the transaction rather than solely by the date of invoicing or receipt of payment. Revenue from the provision of services is recognised by reference to the stage of completion of the relevant service arrangement at the reporting date, where the outcome of the transaction can be estimated reliably. Such services may include product sourcing, procurement coordination, order management, commercial support and other activities associated with the company's principal trading operations. Revenue is recognised in the accounting period in which the services are performed, reflecting the proportion of the contractual obligations that have been fulfilled and the economic benefits attributable to the work completed. The stage of completion of a service contract is generally determined by comparing the costs incurred in respect of work performed up to the reporting date with the total estimated costs required to complete the contract. This method is applied where expenditure incurred provides a reliable indication of the progress achieved in delivering the contracted services. Where another method more accurately reflects the work performed, the company considers the nature of the contractual arrangement and the most appropriate basis for measuring completion in accordance with the applicable financial reporting framework. Where the outcome of a service transaction cannot be estimated reliably, revenue is recognised only to the extent of expenses recognised that are considered recoverable, where permitted by the applicable accounting standards. Any costs incurred that are not expected to be recovered are recognised as expenses in the period in which they arise. Where it becomes probable that the total costs associated with a service contract will exceed the economic benefits expected to be received, the anticipated loss is recognised in accordance with the relevant accounting requirements. The company recognises revenue only where there is sufficient evidence that the transaction has occurred, the amount of consideration can be determined reliably and the associated economic benefits are expected to flow to the business. Amounts received from customers before the relevant goods have been supplied or services have been performed are not recognised immediately as turnover. Such amounts are recorded as liabilities, where appropriate, until the relevant revenue recognition criteria have been satisfied. Trade debtors arising from recognised sales are recorded within current assets at the amount receivable from customers, subject to appropriate consideration of recoverability and impairment. Where goods or services have been supplied before the reporting date but the corresponding invoices have not yet been issued, the company recognises accrued income where the relevant accounting criteria are satisfied. Similarly, income invoiced or received in advance of the completion of the relevant contractual obligations is deferred and recognised in the appropriate subsequent accounting period. The company considers the effect of sales returns, customer rebates, pricing adjustments, contractual discounts and other relevant commercial arrangements when determining the amount of turnover recognised. Where such adjustments are applicable, revenue is recorded at the amount expected to be retained by the company, with appropriate adjustments recognised when the relevant information becomes available. Revenue and associated expenditure are recognised in the financial periods to which they relate, with the objective of ensuring that the financial statements reflect the company's underlying trading activities and financial performance. The directors maintain oversight of the company's revenue recognition practices and consider the nature of significant trading arrangements, contractual obligations and customer transactions when assessing the appropriate accounting treatment. The company applies its revenue recognition policies consistently across reporting periods, subject to any changes required by applicable financial reporting standards or the nature of its commercial activities. The directors seek to ensure that turnover is recognised on a reliable and appropriate basis, reflecting the substance of transactions undertaken during the financial year and providing a fair presentation of the income generated from the company's principal business operations.

  Tangible fixed assets depreciation policy

  TANGIBLE FIXED ASSETS AND DEPRECIATION Recognition and Initial Measurement Tangible fixed assets comprise physical assets held by the company for use in its trading activities, manufacturing operations, distribution services, administrative functions and general business operations. These assets are expected to provide economic benefits over more than one accounting period. Such assets include freehold and leasehold properties, plant and machinery, commercial vehicles, manufacturing equipment, fixtures, fittings, tools and other operational equipment. Tangible fixed assets are initially recognised at cost, including the original purchase price and any directly attributable expenditure incurred in bringing the asset into the location and condition necessary for its intended use. Directly attributable expenditure may include transportation, delivery, installation, professional fees and other costs associated with preparing the asset for operational use. Subsequent expenditure is capitalised where it enhances the performance of an asset, extends its useful economic life or provides additional future economic benefits. Routine repairs and maintenance costs are recognised as expenses in the profit and loss account as incurred. Subsequent Measurement Following initial recognition, tangible fixed assets are measured at historical cost less accumulated depreciation and any accumulated impairment losses. The carrying value of each asset reflects its original acquisition cost, adjusted for depreciation charged over its estimated useful economic life and any impairment losses recognised. The company applies the cost model to its tangible fixed assets and reviews their carrying amounts where circumstances indicate that their recorded values may no longer be recoverable. Depreciation Policy Depreciation is provided on all depreciable tangible fixed assets, with the exception of freehold land, which is not depreciated because it is generally considered to have an indefinite useful economic life. Depreciation is calculated using the straight-line method at rates designed to allocate the cost of each asset, less its estimated residual value, evenly over its expected useful economic life. The principal depreciation periods adopted by the company are as follows. Freehold land: Not depreciated. Freehold buildings: 50 years on a straight-line basis. Leasehold land and buildings: Over the relevant lease term on a straight-line basis. Plant and machinery: 5 years on a straight-line basis. Fixtures, fittings, tools and equipment: 5 years on a straight-line basis. Depreciation commences when an asset becomes available for its intended use and continues throughout its estimated useful economic life, unless the asset is fully depreciated, disposed of or otherwise derecognised. Where an asset is acquired or brought into use partway through an accounting period, depreciation is calculated proportionately to reflect the period during which the asset was available for use. Plant, Machinery and Manufacturing Equipment Plant and machinery include production equipment, manufacturing machinery and other operational assets used directly in the company's commercial and industrial activities. These assets are depreciated using the straight-line method over an estimated useful economic life of five years, subject to any applicable residual value. The company considers expected operating capacity, frequency of use, maintenance requirements, technological developments and anticipated replacement cycles when assessing the appropriateness of depreciation periods. Manufacturing equipment, including laser machinery and associated production systems, is reviewed periodically to ensure that the estimated useful economic life remains appropriate in light of operational performance and technological advancements. Commercial Vehicles and Transport Equipment Commercial vehicles and transport equipment used in connection with the company's distribution, delivery and operational activities are recognised as tangible fixed assets where the relevant recognition criteria are satisfied. These assets are initially measured at acquisition cost, including directly attributable expenditure required to prepare them for their intended commercial use. Depreciation is charged systematically over their estimated useful economic lives, taking into consideration anticipated mileage, frequency of use, expected residual values, maintenance requirements and vehicle replacement arrangements. The applicable depreciation period for commercial vehicles is determined in accordance with the company's adopted accounting policies and the expected useful economic life of the relevant vehicles. Fixtures, Fittings, Tools and Equipment Fixtures, fittings, tools and equipment comprise assets used within the company's operational facilities, workshops, manufacturing premises, administrative offices and other business locations. These assets are depreciated using the straight-line method over an estimated useful economic life of five years. The directors consider the nature of the assets, their anticipated operating conditions and expected replacement cycles when assessing their useful economic lives. Routine repairs, maintenance and minor replacement expenditure are generally recognised as operating expenses unless the expenditure satisfies the criteria for capitalisation. Review of Useful Economic Lives and Residual Values The directors review the estimated useful economic lives, residual values and depreciation methods of tangible fixed assets where changes in circumstances indicate that existing estimates may no longer be appropriate. Relevant considerations include the physical condition of assets, changes in expected utilisation, technological obsolescence, maintenance history and anticipated future economic benefits. Where revisions to useful economic lives or residual values are considered necessary, the resulting changes are accounted for prospectively as changes in accounting estimates in accordance with applicable financial reporting requirements. Impairment of Tangible Fixed Assets At each reporting date, the company considers whether there are indications that tangible fixed assets may have suffered an impairment in value. Potential impairment indicators include physical damage, technological obsolescence, significant changes in market conditions, reduced operational utilisation and other circumstances suggesting that the carrying amount of an asset may not be recoverable. Where an indication of impairment exists, the company assesses the recoverable amount of the relevant asset or cash-generating unit in accordance with applicable accounting standards. Where the carrying amount exceeds the recoverable amount, an impairment loss is recognised in the profit and loss account and the carrying value of the asset is reduced accordingly. Any subsequent reversal of an impairment loss is recognised only where permitted by the applicable financial reporting framework. Disposal and Derecognition of Fixed Assets Tangible fixed assets are derecognised when sold, scrapped, permanently withdrawn from use or when no further economic benefits are expected from their continued ownership or disposal. On disposal, the original cost and accumulated depreciation relating to the asset are removed from the company's accounting records. Any gain or loss arising on disposal is calculated as the difference between the net disposal proceeds and the carrying amount of the asset at the date of disposal. Such gains or losses are recognised in the profit and loss account in the financial period in which the disposal occurs. Directors' Responsibilities and Accounting Assessment The directors are responsible for ensuring that tangible fixed assets are appropriately recognised, classified, measured and depreciated in accordance with the company's accounting policies and applicable financial reporting requirements. The company maintains appropriate supporting accounting records identifying the original acquisition cost, purchase date, depreciation method, accumulated depreciation and carrying value of its tangible fixed assets. The directors assess the continuing suitability of the depreciation policies applied to the company's assets, taking into consideration their operational purpose, expected useful economic lives and anticipated contribution to future business activities. These accounting policies are intended to ensure that tangible fixed assets are presented consistently and that depreciation charges appropriately reflect the consumption of the economic benefits associated with their use.

  Intangible fixed assets amortisation policy

  INTANGIBLE FIXED ASSETS AND AMORTISATION Intangible fixed assets comprise identifiable non-monetary assets without physical substance that are held by the company for use in its trading activities, administrative operations, technological infrastructure and wider commercial development. Such assets may include computer software, website development expenditure, e-commerce platforms, digital business systems, software licences and other qualifying intangible resources that are expected to generate economic benefits over more than one financial reporting period. The company recognises intangible assets where the relevant recognition criteria are satisfied, the associated future economic benefits are expected to flow to the business and the cost of the asset can be measured reliably. Intangible fixed assets are initially recognised at their original acquisition or development cost, including expenditure directly attributable to acquiring, developing and preparing the asset for its intended operational use. Such expenditure may include software acquisition costs, qualifying development expenditure, technical implementation costs, system configuration expenses and other directly attributable costs incurred in bringing the asset into the condition necessary for it to operate as intended by management. Expenditure is capitalised only where it satisfies the recognition requirements of the applicable financial reporting framework. Following initial recognition, intangible fixed assets are stated in the balance sheet at historical cost less accumulated amortisation and any accumulated impairment losses. The carrying value of each asset therefore represents its original capitalised cost after deducting amortisation charged over its estimated useful economic life and any adjustments required to reflect a reduction in its recoverable value. The company applies the cost model to intangible fixed assets and assesses their carrying amounts where circumstances indicate that their recorded values may no longer be recoverable. Amortisation is calculated using the straight-line method over the estimated useful economic life of each intangible asset, generally ranging from three to ten years. This method is intended to allocate the depreciable amount of the asset systematically and evenly over the period during which it is expected to provide economic benefits to the company. The amortisation period is determined by reference to the nature of the asset, its anticipated operational use, expected technological developments, contractual rights and the period over which the company expects to benefit from its continued use. Amortisation commences when an intangible asset becomes available for its intended use and continues throughout its estimated useful economic life, unless the asset is fully amortised, disposed of or otherwise derecognised. Where an asset becomes available for use partway through a financial reporting period, the amortisation charge is calculated proportionately to reflect the period during which the asset was available for use. Amortisation expenses are recognised in the profit and loss account in the financial period to which they relate, ensuring that the cost of the intangible asset is allocated systematically over its expected period of economic benefit. Expenditure relating to the development of websites, e-commerce platforms and other digital trading systems is capitalised where the relevant recognition criteria are satisfied and the expenditure is expected to generate identifiable future economic benefits. Such expenditure may include qualifying costs associated with website design and development, e-commerce functionality, online ordering systems, digital customer interfaces, software integration and the implementation of technological systems used to support the company's wholesale trading and distribution activities. Capitalisation is undertaken only where the company can demonstrate that the relevant asset is expected to provide future economic benefits and that the associated expenditure can be measured reliably. The company distinguishes between expenditure incurred in developing or enhancing an identifiable intangible asset and expenditure relating to routine maintenance, administration or the ongoing operation of existing systems. Costs incurred in maintaining websites, updating existing software, renewing routine service arrangements, correcting minor technical issues or undertaking general administrative activities are normally recognised as expenses in the profit and loss account as incurred. Expenditure associated with advertising, promotional activities, routine content updates and general marketing is similarly recognised as an operating expense unless it independently satisfies the applicable criteria for recognition as an intangible asset. Where additional expenditure is incurred in improving an existing intangible asset, the company considers whether the expenditure results in enhanced functionality, increased operational capacity, an extension of the asset's useful economic life or other identifiable future economic benefits. Such expenditure is capitalised only where the relevant recognition requirements are satisfied. Costs that merely maintain the asset's existing level of performance or operational capability are charged to the profit and loss account in the period in which they arise. The directors review the estimated useful economic lives and amortisation methods applied to intangible fixed assets where changes in circumstances indicate that the existing estimates may no longer be appropriate. Relevant considerations include technological advancements, changes in business requirements, software compatibility, expected patterns of utilisation, contractual restrictions and the anticipated period over which the asset will continue to contribute to the company's operations. Where revisions to an asset's estimated useful economic life are necessary, the resulting changes are accounted for prospectively in accordance with the applicable accounting standards. At each reporting date, the company considers whether there are any indications that intangible fixed assets may have suffered an impairment in value. Potential indicators include technological obsolescence, significant changes in market conditions, reduced operational use, deterioration in expected future economic benefits or circumstances suggesting that the asset may no longer be capable of supporting its intended business purpose. Where such indicators exist, the company assesses the recoverable amount of the relevant asset or cash-generating unit in accordance with the applicable financial reporting requirements. Where the carrying amount of an intangible asset exceeds its recoverable amount, an impairment loss is recognised in the profit and loss account and the carrying value of the asset is reduced accordingly. Any subsequent reversal of an impairment loss is recognised only where permitted by the applicable accounting framework. The directors consider the continued operational relevance and anticipated economic benefits of intangible assets when assessing whether their recorded carrying amounts remain appropriate. Intangible fixed assets are derecognised when they are sold, disposed of, permanently withdrawn from use or when no further economic benefits are expected from their continued ownership or utilisation. On derecognition, the original cost and accumulated amortisation relating to the asset are removed from the company's accounting records. Any gain or loss arising from disposal is calculated as the difference between the net disposal proceeds and the carrying amount of the asset at the date of disposal and is recognised in the profit and loss account in the relevant financial reporting period. The directors are responsible for ensuring that intangible fixed assets are appropriately recognised, measured, amortised and disclosed in accordance with the company's accounting policies and the applicable financial reporting framework. Appropriate accounting records are maintained to support the original acquisition or development costs, dates of availability for use, estimated useful economic lives, accumulated amortisation and carrying amounts of recognised intangible assets. The company applies its intangible asset accounting policies consistently between reporting periods, subject to any changes required by applicable accounting standards or revisions to the estimated useful economic lives of individual assets. The objective of these policies is to ensure that intangible fixed assets are presented at appropriate carrying values and that the associated amortisation expenses reflect the systematic consumption of the economic benefits expected to arise from their use.

  Other accounting policies

  **Investments** Investments held by the company are recognised and measured in accordance with the applicable financial reporting framework, taking into consideration the nature, classification and purpose of each investment. Investments in subsidiary undertakings, associated companies and joint ventures are initially recognised at cost, including directly attributable acquisition expenses. Following initial recognition, these investments are measured at cost less any accumulated impairment losses. The carrying values of such investments are reviewed for indications of impairment at each reporting date, with any impairment losses recognised in the profit and loss account. Investments in listed securities are measured at fair value, determined by reference to quoted market prices at the reporting date. Unlisted investments are also measured at fair value where this can be established reliably. Where a reliable fair value cannot be determined without undue cost or effort, such investments are measured at cost less accumulated impairment losses. Any gains or losses arising from changes in the fair value of investments are recognised in the profit and loss account in the financial period in which they arise, in accordance with the company's accounting policies. **Stocks** Stocks, including raw materials, components, work in progress and finished goods, are valued at the lower of cost and estimated selling price less the estimated costs necessary to complete and sell the goods. The cost of stocks is determined using the first-in, first-out (FIFO) method and includes expenditure directly attributable to their acquisition, production and preparation for their intended use or sale. Where applicable, production costs include an appropriate allocation of direct labour and manufacturing overheads incurred in bringing stocks to their present location and condition. At each reporting date, the company reviews the carrying value of stocks to identify obsolete, damaged, slow-moving or otherwise impaired items. Where the estimated recoverable amount is lower than the recorded cost, an appropriate provision or write-down is recognised. The carrying amount of stocks sold is recognised as an expense within cost of sales in the financial period in which the corresponding revenue is recognised. **Debtors** Trade and other short-term debtors are initially recognised at their transaction price, which generally represents the original invoiced amount, and are subsequently measured at the amount expected to be recovered after making appropriate allowances for impairment. The company regularly reviews outstanding debtor balances to assess their recoverability, taking into account payment history, the financial circumstances of individual customers and any other relevant information indicating potential credit risk. Where there is evidence that amounts may not be recovered in full, an impairment allowance is recognised, with the resulting expense charged to the profit and loss account. Loans and other financial assets are initially recognised at transaction price, including directly attributable transaction costs where applicable. They are subsequently measured at amortised cost using the effective interest method, less any recognised impairment losses. Amounts due from customers and other parties are classified as current assets where settlement is expected within twelve months of the reporting date. **Creditors** Trade and other short-term creditors are initially recognised and subsequently measured at their transaction price, which ordinarily represents the amount invoiced by suppliers or otherwise contractually payable. Creditors include amounts outstanding for goods and services received by the company before the reporting date, whether or not the related invoices have been received. Loans, borrowings and other financial liabilities are initially recognised at transaction price, net of directly attributable transaction costs where appropriate. Following initial recognition, these liabilities are measured at amortised cost using the effective interest method. Financial liabilities are classified as current where they are due for settlement within twelve months of the reporting date. Amounts payable after more than twelve months are classified as non-current liabilities, subject to the terms and conditions of the relevant agreements. Liabilities are derecognised when the company's contractual obligations have been discharged, cancelled or have expired. **Taxation** The taxation expense recognised in the profit and loss account comprises current tax and deferred tax arising in respect of the financial reporting period. Current Corporation Tax is calculated on the taxable profits of the company for the relevant accounting period, using tax rates and legislation enacted or substantively enacted at the reporting date. A current tax liability is recognised for Corporation Tax payable in respect of taxable profits arising during the current or previous accounting periods. A current tax asset is recognised where the company is entitled to recover tax previously paid, including circumstances where qualifying tax losses may be carried back against profits of earlier periods. Deferred taxation is recognised in respect of timing differences arising between the recognition of income and expenditure in the financial statements and their treatment for taxation purposes. Deferred tax liabilities are recognised where timing differences are expected to result in additional tax liabilities in future periods. Deferred tax assets, including those relating to unused tax losses, are recognised only to the extent that it is probable that sufficient future taxable profits or the reversal of existing deferred tax liabilities will be available against which those assets can be utilised. Deferred tax is calculated using the tax rates and legislation enacted or substantively enacted at the reporting date that are expected to apply when the relevant timing differences reverse. Where deferred taxation relates to revalued land or investment property, the applicable tax rate is determined with reference to the expected manner of recovery of the asset, including the tax consequences of its eventual disposal where appropriate. Current and deferred tax assets and liabilities are not discounted. **Provisions** Provisions are recognised where the company has a present legal or constructive obligation arising from a past event, it is probable that an outflow of economic resources will be required to settle the obligation, and the amount of the obligation can be estimated reliably. Provisions are measured at management's best estimate of the expenditure required to settle the obligation at the reporting date, taking into account the nature of the liability, relevant risks and uncertainties, and the information available at the time the financial statements are prepared. The company reviews provisions at each reporting date and adjusts their carrying amounts where necessary to reflect revised estimates of the amounts expected to be payable. Where an obligation no longer meets the recognition criteria, the related provision is reversed through the profit and loss account. **Foreign Currency Translation** Transactions denominated in foreign currencies are initially recorded in sterling using the exchange rates prevailing on the dates on which the transactions occur. At each reporting date, monetary assets and liabilities denominated in foreign currencies, including cash balances, trade debtors, trade creditors and outstanding loans, are translated into sterling using the closing exchange rates applicable at that date. Non-monetary assets and liabilities measured at historical cost are translated using the exchange rates prevailing on the dates of the original transactions. Exchange differences arising from the settlement of foreign currency transactions or the retranslation of monetary assets and liabilities at the reporting date are recognised in the profit and loss account in the period in which they arise. The company's financial statements are presented in pounds sterling, being its functional and reporting currency. **Leased Assets** Leases are classified as either finance leases or operating leases according to the substance of the contractual arrangements and the extent to which the risks and rewards associated with ownership of the underlying assets are transferred. A lease is classified as a finance lease where substantially all the risks and rewards incidental to ownership of the leased asset are transferred to the company. Leases that do not meet these criteria are classified as operating leases. Assets acquired under finance lease arrangements are initially recognised within tangible fixed assets at an amount equal to the fair value of the leased asset or, where lower, the present value of the minimum lease payments at the commencement of the lease. A corresponding liability is recognised in the balance sheet, representing the company's obligation to make future lease payments. Lease payments are apportioned between finance charges and reductions in the outstanding lease liability using the effective interest method. Finance charges are recognised in the profit and loss account over the lease term so as to produce a constant periodic rate of interest on the remaining liability. Assets held under finance leases are depreciated in accordance with the company's accounting policy for tangible fixed assets. Where there is no reasonable certainty that ownership of the leased asset will transfer to the company at the end of the lease term, depreciation is charged over the shorter of the asset's estimated useful economic life and the lease term. Payments made under operating leases are recognised as an expense in the profit and loss account on a straight-line basis over the relevant lease term, unless another systematic basis more accurately reflects the pattern of benefits received. **Pensions** The company operates or contributes to defined contribution pension arrangements for eligible employees, where applicable. Contributions payable by the company are recognised as an expense in the profit and loss account in the financial period to which they relate. Any contributions outstanding at the reporting date are recognised as liabilities within creditors, while contributions paid in advance are recognised as prepayments where appropriate. Under defined contribution arrangements, the company's obligation is limited to the contributions payable in accordance with the relevant pension scheme rules and applicable statutory requirements. The company has no obligation to provide additional pension benefits beyond the contributions required under these arrangements.

Notes to the Financial Statements

for the Period Ended 31 March 2026

• 2. Employees

  	2026	2025
  Average number of employees during the period	14	9