REGISTERED NUMBER: 03709679 (England and Wales)

Financial Statements

for the Year Ended 31 May 2025

for

ACSI-Europe Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S W Nixon

A L Harrison

REGISTERED OFFICE:

Unit 7

Shrivenham Hundred Business Park

Majors Road

Watchfield

SN6 8TZ

REGISTERED NUMBER:

03709679 (England and Wales)

ACCOUNTANTS:

Aspen Waite South Ltd

Boston House

Grove Business Park

Wantage

Oxfordshire

OX12 9FF

FIXED ASSETS

Tangible assets

4

45,488

61,642

CURRENT ASSETS

Debtors

5

244,432

314,686

Cash at bank and in hand

1,783,409

1,456,247

2,027,841

1,770,933

CREDITORS

Amounts falling due within one year

6

566,748

1,051,013

NET CURRENT ASSETS

1,461,093

719,920

TOTAL ASSETS LESS CURRENT LIABILITIES

1,506,581

781,562

CREDITORS

Amounts falling due after more than one year

7

107,074

107,074

NET ASSETS

1,399,507

674,488

CAPITAL AND RESERVES

Called up share capital

9

20,000

20,000

Retained earnings

1,379,507

654,488

SHAREHOLDERS' FUNDS

1,399,507

674,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

A L Harrison - Director

1.	STATUTORY INFORMATION

ACSI-Europe Ltd 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.

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

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.

Turnover

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

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the 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 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.

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 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

61,675

13,493

75,168

DEPRECIATION

At 1 June 2024

9,296

4,230

13,526

Charge for year

11,694

4,460

16,154

At 31 May 2025

20,990

8,690

29,680

NET BOOK VALUE

At 31 May 2025

40,685

4,803

45,488

At 31 May 2024

52,379

9,263

61,642

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

47,857

265,909

Other debtors

196,575

48,777

244,432

314,686

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

145,469

199,984

Taxation and social security

379,385

114,186

Other creditors

41,894

736,843

566,748

1,051,013

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Other creditors

107,074

107,074

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Intercompany Loan

107,074

107,074

8.	LEASING AGREEMENTS

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

31.5.25

31.5.24

£

£

Within one year

8,625

23,000

Between one and five years

-

8,625

8,625

31,625

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

20,000

Ordinary Shares

£1.00

20,000

20,000

10.	RELATED PARTY DISCLOSURES

The company had the following transactions with its parent company Advanced Control Solutions, Inc. during the year.

Sales £123,514 (2024: £333,658 ) purchases £74,399 (2024: £43,998).

At the year end the balance owed by ACSI-Europe Ltd to Advanced Control Solutions, Inc. was £nil (2024: £nil) and is included within trade creditors.

At the year end the loan owed to Advanced Control Solutions, Inc. was £107,074 (2024: £107,074) and is included within other creditors due outside one year.

The director Mr S W Nixon received consultancy fees £80,400 (2024:£80,400) from the company for the provision of marketing and technical services. The services were provided whilst Mr S W Nixon was based in the US.

11.	PARENT UNDERTAKINGS AND CONTROLLING PARTIES

The company is controlled by Advanced Control Solutions, Inc.

In the opinion of the directors this is the company's ultimate company, a company incorporated in USA.

Advanced Control Solutions, Inc. is ultimately controlled by S W Nixon.