REGISTERED NUMBER: 04148185 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ALLWARE SYSTEMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P P Ware

Mrs K J Ware

SECRETARY:

Mrs K J Ware

REGISTERED OFFICE:

Old Greens Barn

123 Greens Farm

Newdigate

Surrey

RH5 5BE

REGISTERED NUMBER:

04148185 (England and Wales)

ACCOUNTANTS:

Sophic Finance Ltd

Chartered Accountants

Little Coombe

Longfield Road

Dorking

Surrey

RH4 3DE

FIXED ASSETS

Tangible assets

4

32,965

42,566

Investments

5

189,862

-

222,827

42,566

CURRENT ASSETS

Debtors

6

83,327

56,046

Cash at bank

73,927

201,536

157,254

257,582

CREDITORS

Amounts falling due within one year

7

178,650

146,545

NET CURRENT (LIABILITIES)/ASSETS

(21,396

)

111,037

TOTAL ASSETS LESS CURRENT LIABILITIES

201,431

153,603

CREDITORS

Amounts falling due after more than one year

8

(52,500

)

(12,500

)

PROVISIONS FOR LIABILITIES

(8,241

)

(9,161

)

NET ASSETS

140,690

131,942

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

140,590

131,842

SHAREHOLDERS' FUNDS

140,690

131,942

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2025 and were signed on its behalf by:

P P Ware - Director

1.	STATUTORY INFORMATION

Allware Systems 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

242,254

DEPRECIATION

At 1 April 2024

199,688

Charge for year

9,601

At 31 March 2025

209,289

NET BOOK VALUE

At 31 March 2025

32,965

At 31 March 2024

42,566

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

65,330

DEPRECIATION

At 1 April 2024

47,008

Charge for year

4,580

At 31 March 2025

51,588

NET BOOK VALUE

At 31 March 2025

13,742

At 31 March 2024

18,322

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

189,862

At 31 March 2025

189,862

NET BOOK VALUE

At 31 March 2025

189,862

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

81,669

54,634

Other debtors

1,658

1,412

83,327

56,046

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

-

6,717

Trade creditors

39,682

62,635

Taxation and social security

65,133

65,588

Other creditors

63,835

1,605

178,650

146,545

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,500

12,500

Other creditors

50,000

-

52,500

12,500

9.	RELATED PARTY DISCLOSURES

During the year, sales of £20,227 (2024: £Nil) were made to and purchase of £2,450 (2024: £Nil) were made from related parties.

At 31st March 2025 £61,788 was owed to related parties (2024: £Nil).