REGISTERED NUMBER: 12138696 (England and Wales)

GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTOR AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2025 TO 31 DECEMBER 2025

FOR

UNIFII GLOBAL HOLDINGS LIMITED

Page

Company Information

1

Group Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Consolidated Income Statement

7

Consolidated Other Comprehensive Income

8

Consolidated Balance Sheet

9

Company Balance Sheet

10

Consolidated Statement of Changes in Equity

11

Company Statement of Changes in Equity

12

Consolidated Cash Flow Statement

13

Notes to the Consolidated Cash Flow Statement

14

Notes to the Consolidated Financial Statements

16

DIRECTOR:

Ms K Quashie

REGISTERED OFFICE:

51 Eastcheap

London

EC3M 1DT

REGISTERED NUMBER:

12138696 (England and Wales)

AUDITORS:

CBHC (Audit) Ltd

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

The director presents her strategic report of the company and the group for the period 1 April 2025 to 31 December 2025.

Unifii Global Holdings Limited and its subsidiaries (hereafter referred to as 'the Group') are a full-service provider of enterprise service management technology, delivering professional services, managed services, license resell and specialist technology solutions.

Our clients are a mix of high-growth digital organisations to large established enterprises across all market sectors and segments, looking to transform their service management processes and operations, through automation and best of breed technology. We partner with our clients to provide sustainable, long-term value.

We partner with our clients to provide sustainable, long-term value.

Since November 2023, we are part of Inetum Group. Being part of Inetum Group allow us to bring to our customers an enlarged portfolio of expertise in the domain of digital transformation and support from nearshore professional services located in Bulgaria, Portugal or Africa which complements our historical operational basis.

REVIEW OF BUSINESS

Business Review

Unifii Global Holdings Limited had a solid performance in the period ending 31 December 2025, the Group continuing to strengthen its position as the leading independent ServiceNow partner in the UK&I region.

At year end, the Unifii Group had an operational presence in the United Kingdom, Ireland and India and provided services and support to organisations globally.

Revenue Analysis

Revenue for the period dropped by 13% to £9.71m, operating profit eroded due to investment in Sales and Delivery aiming at supporting future development of the company, which was compensated by the impact of deferred taxation. The Group ends the year with a comfortable consolidated cash and bank balance of £1.8m (Mar-25: £1.4m).

PRINCIPAL RISKS AND UNCERTAINTIES

Risks and threats relate to operational and market issues such as reputational damage or customer attrition, in a context marked by the integration into Inetum Group organisation. The director manages risks in a variety of ways including contracts, insurance, internal controls and where necessary, external professional advice is sought.

The director believes that even though the ServiceNow market is a strong but mature one in the UK&I region, the Company needs to transform its operational model in order to develop more added-value offers related to ServiceNow technology, and to diversify to grow the whole Inetum Group's portfolio in the region. We remain very focused on our medium to long term growth strategy.

ON BEHALF OF THE BOARD:

Ms K Quashie - Director

29 October 2026

The director presents her report with the financial statements of the company and the group for the period 1 April 2025 to 31 December 2025.

DIVIDENDS

No dividends will be distributed for the period ended 31 December 2025.

DIRECTOR

Ms K Quashie held office during the whole of the period from 1 April 2025 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Group Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable her to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and she has taken all the steps that she ought to have taken as a director in order to make herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, CBHC (Audit) Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Ms K Quashie - Director

29 October 2026

Opinion

We have audited the financial statements of Unifii Global Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the period ended 31 December 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the group's and of the parent company affairs as at 31 December 2025 and of the group's loss for the period then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group 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 director's 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 group's and the parent 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

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.

In connection with our audit of the financial statements, 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 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 Group Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Group Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page three, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the group or the parent company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We assessed the risks of material misstatement in respect of fraud as being low due to the nature of the business. We made inquiries relating to fraud with the company's management. We considered the risk of fraud through management override and, in response, we incorporated testing of manual journals throughout the year and reviewed any unusual transactions throughout our audit,

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 non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

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.

Peter Sartain (Senior Statutory Auditor)

for and on behalf of CBHC (Audit) Ltd

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

30 October 2026

TURNOVER

9,714,603

11,181,169

Cost of sales

4,886,869

4,658,209

GROSS PROFIT

4,827,734

6,522,960

Administrative expenses

6,178,799

10,697,292

OPERATING LOSS

4

(1,351,065

)

(4,174,332

)

Interest receivable and similar income

125

416

(1,350,940

)

(4,173,916

)

Interest payable and similar expenses

6

720

1,440

LOSS BEFORE TAXATION

(1,351,660

)

(4,175,356

)

Tax on loss

7

3,140

(51,101

)

LOSS FOR THE FINANCIAL PERIOD

(1,354,800

)

(4,124,255

)

Loss attributable to:

Owners of the parent

(1,354,800

)

(4,124,255

)

LOSS FOR THE PERIOD

(1,354,800

)

(4,124,255

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

(1,354,800

)

(4,124,255

)

Total comprehensive income attributable to:

Owners of the parent

(1,354,800

)

(4,124,255

)

FIXED ASSETS

Intangible assets

9

838,799

965,760

Tangible assets

10

69,077

53,339

Investments

11

-

-

907,876

1,019,099

CURRENT ASSETS

Debtors

12

5,667,300

9,352,829

Cash at bank

1,857,214

1,397,498

7,524,514

10,750,327

CREDITORS

Amounts falling due within one year

14

7,134,706

9,116,916

NET CURRENT ASSETS

389,808

1,633,411

TOTAL ASSETS LESS CURRENT LIABILITIES

1,297,684

2,652,510

CREDITORS

Amounts falling due after more than one year

15

13,219

13,245

NET ASSETS

1,284,465

2,639,265

CAPITAL AND RESERVES

Called up share capital

17

460

460

Share premium

18

112,617

112,617

Retained earnings

18

1,171,388

2,526,188

SHAREHOLDERS' FUNDS

1,284,465

2,639,265

The financial statements were approved by the director and authorised for issue on 29 October 2026 and were signed by:

Ms K Quashie - Director

CURRENT ASSETS

Debtors

12

113,555

113,556

Investments

13

997

997

Cash at bank

6,591

3,797

121,143

118,350

CREDITORS

Amounts falling due within one year

14

3,000

-

NET CURRENT ASSETS

118,143

118,350

TOTAL ASSETS LESS CURRENT LIABILITIES

118,143

118,350

CAPITAL AND RESERVES

Called up share capital

17

460

460

Share premium

112,617

112,617

Retained earnings

5,066

5,273

SHAREHOLDERS' FUNDS

118,143

118,350

Company's loss for the financial year

(207

)

(224

)

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 October 2026 and were signed by:

Ms K Quashie - Director

Called up

share

Retained

Share

Total

capital

earnings

premium

equity

£

£

£

£

Balance at 1 April 2024

460

6,650,443

112,617

6,763,520

Changes in equity

Total comprehensive income

-

(4,124,255

)

-

(4,124,255

)

Balance at 31 March 2025

460

2,526,188

112,617

2,639,265

Changes in equity

Total comprehensive income

-

(1,354,800

)

-

(1,354,800

)

Balance at 31 December 2025

460

1,171,388

112,617

1,284,465

Called up

share

Retained

Share

Total

capital

earnings

premium

equity

£

£

£

£

Balance at 1 April 2024

460

5,497

112,617

118,574

Changes in equity

Total comprehensive income

-

(224

)

-

(224

)

Balance at 31 March 2025

460

5,273

112,617

118,350

Changes in equity

Total comprehensive income

-

(207

)

-

(207

)

Balance at 31 December 2025

460

5,066

112,617

118,143

Cash flows from operating activities

Cash generated from operations

1

506,651

(234,306

)

Interest paid

(720

)

(1,440

)

Tax paid

(18,806

)

(42,264

)

Net cash from operating activities

487,125

(278,010

)

Cash flows from investing activities

Purchase of tangible fixed assets

(33,420

)

(14,675

)

Sale of tangible fixed assets

10,953

1,847

Interest received

125

416

Net cash from investing activities

(22,342

)

(12,412

)

Cash flows from financing activities

Loan repayments in year

(5,084

)

(6,196

)

Amount withdrawn by directors

-

(418

)

Net cash from financing activities

(5,084

)

(6,614

)

Increase/(decrease) in cash and cash equivalents

459,699

(297,036

)

Cash and cash equivalents at beginning of period

2

1,397,498

1,694,534

Cash and cash equivalents at end of period

2

1,857,197

1,397,498

1.	RECONCILIATION OF LOSS BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

Period

1/4/25

to

Year Ended

31/12/25

31/3/25

£

£

Loss before taxation

(1,351,660

)

(4,175,356

)

Depreciation charges

135,946

172,264

Intercompany

404,986

2,460,643

Unrealised foreign exchange losses

-

114,783

Finance costs

720

1,440

Finance income

(125

)

(416

)

(810,133

)

(1,426,642

)

Decrease/(increase) in trade and other debtors

3,268,327

(3,679,221

)

(Decrease)/increase in trade and other creditors

(1,951,543

)

4,871,557

Cash generated from operations

506,651

(234,306

)

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Period ended 31 December 2025

31/12/25

1/4/25

£

£

Cash and cash equivalents

1,857,214

1,397,498

Bank overdrafts

(17

)

-

1,857,197

1,397,498

Year ended 31 March 2025

31/3/25

1/4/24

£

£

Cash and cash equivalents

1,397,498

1,694,534

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/25

Cash flow

At 31/12/25

£

£

£

Net cash

Cash at bank

1,397,498

459,716

1,857,214

Bank overdrafts

-

(17

)

(17

)

1,397,498

459,699

1,857,197

Debt

Debts falling due after 1 year

(13,245

)

5,084

(8,161

)

(13,245

)

5,084

(8,161

)

Total

1,384,253

464,783

1,849,036

1.	STATUTORY INFORMATION

Unifii Global Holdings 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 General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The Period covered by this set of Financial Statements is April 2025 to December 2025. This is to meet the requirements of the shareholders. The comparatives in these Financial Statements are not entirely comparable to the previous year due to the shortened 9 month period.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

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.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Computer Equipment - 33% on cost

Fixtures and Fittings - 10% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Consolidated Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 period 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.

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 group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

Period

1/4/25

to

Year Ended

31/12/25

31/3/25

£

£

Wages and salaries

3,946,965

6,608,489

Social security costs

492,111

769,229

Other pension costs

94,495

131,847

4,533,571

7,509,565

The average number of employees during the period was as follows:

Period

1/4/25

to

Year Ended

31/12/25

31/3/25

Staff

119

111

The average number of employees by undertakings that were proportionately consolidated during the period was 119 (2025 - 111 ) .

Dec-25

Mar-25

£

£

Director's remuneration

229,592

421,643

Information regarding the highest paid director for the year ended 31 December 2025 is as follows:

Dec-25

Mar-25

£

£

Emoluments etc

229,592

231,647

4.	OPERATING LOSS

The operating loss is stated after charging:

Period

1/4/25

to

Year Ended

31/12/25

31/3/25

£

£

Hire of plant and machinery

222,466

144,300

Other operating leases

-

9,745

Depreciation - owned assets

11,530

38,418

Goodwill amortisation

114,783

114,783

Development costs amortisation

12,178

16,163

Auditors remuneration

10,247

24,629

Foreign exchange differences

183,465

138,565

5.	EXCEPTIONAL ITEMS

Period

1/4/25

to

Year Ended

31/12/25

31/3/25

£

£

Restructuring & reorganisation

(71,875

)

(651,314

)

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

Period

1/4/25

to

Year Ended

31/12/25

31/3/25

£

£

Bank interest

720

1,440