REGISTERED NUMBER: 03816192 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

WORKS INTERNATIONAL DESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Hume

REGISTERED OFFICE:

The Tannery,

91 Kirkstall Road,

Leeds

West Yorkshire

LS3 1HS

REGISTERED NUMBER:

03816192 (England and Wales)

AUDITORS:

Oury Clark Chartered Accountants

Statutory Auditors

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Intangible assets

4

4,323

8,100

Tangible assets

5

67,736

66,271

72,059

74,371

CURRENT ASSETS

Debtors

6

1,131,414

933,241

Cash at bank

16,072

239,824

1,147,486

1,173,065

CREDITORS

Amounts falling due within one year

7

330,051

363,099

NET CURRENT ASSETS

817,435

809,966

TOTAL ASSETS LESS CURRENT LIABILITIES

889,494

884,337

CREDITORS

Amounts falling due after more than one year

8

-

(75,193

)

PROVISIONS FOR LIABILITIES

(16,934

)

(18,683

)

NET ASSETS

872,560

790,461

CAPITAL AND RESERVES

Called up share capital

10

20,004

20,004

Share premium

71,470

71,470

Capital redemption reserve

3,530

3,530

Retained earnings

777,556

695,457

SHAREHOLDERS' FUNDS

872,560

790,461

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2026 and were signed by:

C Hume - Director

1.	STATUTORY INFORMATION

Works International Design 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.

The financial statements have been prepared on a going concern basis. The Company is dependent on the continued financial support of its parent undertaking. The director has received a letter of support from the parent company confirming that it will provide such financial assistance as may be required to enable the Company to meet its liabilities as they fall due for a period of at least 12 months and one day from the date of signing the auditor's report.

Having considered the Company's forecasts and the support available from its parent undertaking, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis of accounting in preparing these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts receivable for services provided in the ordinary course of business, net of value added tax and other sales taxes.

Revenue is recognised over time as services are performed and the related performance obligations are satisfied. The stage of completion at the reporting date is assessed using management's estimate of the proportion of services delivered to customers. Where services have been performed but not yet invoiced, accrued income is recognised. Amounts invoiced in advance of services being delivered are recognised as deferred income.

Revenue is recognised only to the extent that it is probable that the economic benefits associated with the transaction will flow to the company and the amount of revenue can be measured reliably.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

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

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functionaI currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

8,100

Additions

1,500

Disposals

(3,600

)

At 31 December 2025

6,000

AMORTISATION

Charge for year

1,677

At 31 December 2025

1,677

NET BOOK VALUE

At 31 December 2025

4,323

At 31 December 2024

8,100

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

10,574

703,180

713,754

Additions

-

17,945

17,945

Disposals

-

(601,219

)

(601,219

)

At 31 December 2025

10,574

119,906

130,480

DEPRECIATION

At 1 January 2025

3,713

643,770

647,483

Charge for year

1,057

15,423

16,480

Eliminated on disposal

-

(601,219

)

(601,219

)

At 31 December 2025

4,770

57,974

62,744

NET BOOK VALUE

At 31 December 2025

5,804

61,932

67,736

At 31 December 2024

6,861

59,410

66,271

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

as restated

£

£

Trade debtors

314,137

439,135

Amounts owed by group undertakings

731,808

84

Other debtors

85,469

494,022

1,131,414

933,241

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

as restated

£

£

Bank loans and overdrafts

-

13,592

Trade creditors

52,293

46,115

Taxation and social security

55,984

103,547

Other creditors & accruals

221,774

199,845

330,051

363,099

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

as restated

£

£

Bank loans

-

75,193

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

as restated

£

£

Within one year

24,000

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

as restated

£

£

20,004

Ordinary

£1

20,004

20,004

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Hayden A. Sym (Senior Statutory Auditor)

for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included

within the full financial statements:-

"Other Matter

The financial statements of the Company for the year ended 31 December 2024 were not audited. Accordingly, we do not express an opinion or any form of assurance on the corresponding figures presented for the year ended 31 December 2024.

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 a Report of the Auditors 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."

12.	SECURED DEBTS

There is a security interest in favour of National Australia Bank Limited over the assets of the company.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is C Hume.

14.	PARENT COMPANY

The immediate and ultimate parent undertaking is Champion Data Holdings Pty Ltd. Champion Data Holding Pty Ltd is the only entity within the group that prepares consolidated financial statements. The registered office of Champion Data Holdings Pty Ltd is Level 3, 6 Riverside Quay, Southbank, VIC 3006. Consolidated accounts are not publicly available.

15.	RELATED PARTY TRANSACTIONS

At 31 December 2024, the Company had amounts due from former director Roy Webber of £443,743 and amounts due to former director Graham Berks of £2,824. The balance due from Roy Webber included amounts advanced to members of the Webber family.

During the year ended 31 December 2025, the Company was acquired by Champion Data Holdings Pty Ltd. As part of the acquisition, the outstanding balances with Roy Webber and Graham Berks were settled. Accordingly, no amounts due to or from directors were outstanding at 31 December 2025.