TIER 2 CONSULTING LIMITED Company accounts

COMPANY REGISTRATION NUMBER: 04361268

TIER 2 CONSULTING LIMITED

Financial Statements

31 March 2025

TIER 2 CONSULTING LIMITED

Financial Statements

Year ended 31 March 2025

Contents	Page

Strategic report	1

Directors' report	3

Independent auditor's report to the members	5

Statement of comprehensive income	9

Statement of financial position	10

Statement of changes in equity	11

Statement of cash flows	12

Notes to the financial statements	13

TIER 2 CONSULTING LIMITED

Strategic Report

Year ended 31 March 2025

The directors present their strategic report for the year ended 31 March 2024. Business review Highlights The director aims to provide a balanced and comprehensive review of the development and performance of the business during the year and its position at the year end. The review is consistent with the size and non-complex nature of the business and is written in the context of the risks and uncertainties faced. Tier 2 Consulting Limited is an IT consultancy offering software project technical solutions, planning, MVP definition, solutions architecture, technical consultancy and support & maintenance. The company reduces risk, designs optimum responsive user experience for any device, review of Red Hat implementations (such as JBoss EAP, Fuse, AMQ and OpenShift)ensuring best practices are applied, provides training and skills transfer workshops to assist organisations develop a strong internal skills base and provision of flexible, call-off support agreement - with defined response times for organisations who require occasional expert assistance on an ongoing basis. The company's identity is clearly defined, and is easy for clients to understand. Clients understand and appreciate the value of, and enjoy doing business with "specialists". The service delivery team is comprised of experienced developers, skilled in the leading state-of-the art technologies and techniques. Tier 2 Consulting Ltd, operates in the UK from an office in Stevenage, Hertfordshire. The director considers that the key performance indicators are those that measure the financial performance and strength of the company, these being turnover and operating profit. The turnover of the company was as follows; 2025 2024 £ £ 2,127,686 3,793,472 Turnover has decreased to £2,127,686 from £3,793,472 the previous year. Sales have decreased by 43.91% The company has recorded a operating loss of £554,972 from an operating profit of £823,214 last year and also recorded a pre-tax loss of £479,988 compared to a profit before tax of £861,520 the previous year. The company's capital and reserves have decreased by £479,988 to £1,470,956. during the year. (In 2024 the capital and reserves increased by £35,533 to £1,950,944). Principal risks and uncertainties As for many businesses of this size, current job insecurity, financial scrutiny, regulatory and business compliance, global terrorism, Brexit,IR35, now requires the aggressive adoption of risk management strategies and actions, to ensure the success of each business-driven, technology solution. Clients are looking at driving costs down. Tier 2 Consulting Limited's contribution to mitigating risk is significant, particularly with our blended model of onsite/offsite/offshore testing offerings. This enables our clients to guarantee the functionality, performance, and scalability of critical business applications and supporting technology infrastructure, ensuring that service level and financial management objectives are achieved.

This report was approved by the board of directors on 3 November 2025 and signed on behalf of the board by:

Mr. S Bolli

Director

Registered office:

Suite S05 Business And Technology Centre

Bessemer Drive

Stevenage

SG1 2DX

TIER 2 CONSULTING LIMITED

Directors' Report

Year ended 31 March 2025

The directors present their report and the financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Mr. A.P Kennedy
Mr. S Bolli

Dividends

The directors do not recommend the payment of a dividend.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have 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 directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments 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 directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

This report was approved by the board of directors on 3 November 2025 and signed on behalf of the board by:

Mr. S Bolli

Director

Registered office:

Suite S05 Business And Technology Centre

Bessemer Drive

Stevenage

SG1 2DX

TIER 2 CONSULTING LIMITED

Independent Auditor's Report to the Members of TIER 2 CONSULTING LIMITED

Year ended 31 March 2025

Opinion

We have audited the financial statements of TIER 2 CONSULTING LIMITED (the 'company') for the year ended 31 March 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and the related notes, 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 FRS 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 company's affairs as at 31 March 2025 and of its loss for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - 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 auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company 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 directors' 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 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 directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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 strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report 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 company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are 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 directors determine is 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 directors are responsible for assessing the 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 directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's 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 an auditor’s report 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. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Identifying and testing journal entries and the overall accounting records, particularly those that were significant and unusual. Reviewing the financial statement disclosures and determining whether accounting policies have been appropriately applied. Assessing the extent of compliance, or lack of, with relevant laws and regulations. Testing key revenue lines, for evidence of management bias. Verification of key assets. Obtaining third-party confirmation of material balances. Documenting and verifying all significant related party balances and transactions. Reviewing documentation such as the company board minutes, correspondence with solicitors, for discussions of irregularities including fraud. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 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 an auditor's report 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.

Mr Charles Goldstein

(Senior Statutory Auditor)

For and on behalf of

Brindley Goldstein Limited

Chartered accountants & statutory auditor

103 High street

Waltham Cross

EN8 7AN

3 November 2025

TIER 2 CONSULTING LIMITED

Statement of Comprehensive Income

Year ended 31 March 2025

		2025	2024
Note		£	£
Turnover	4	2,127,686	3,793,472

Cost of sales	1,841,607	2,228,642
	------------	------------
Gross profit	286,079	1,564,830

Administrative expenses		841,051	741,616
		---------	------------
Operating (loss)/profit	5	( 554,972)	823,214

Other interest receivable and similar income	9	74,984	38,306
		---------	------------
(Loss)/profit before taxation		( 479,988)	861,520

Tax on (loss)/profit	10	–	216,809
		---------	---------
(Loss)/profit for the financial year		( 479,988)	644,711
		---------	---------

Other equity	–	(609,178)
	---------	---------
Total comprehensive income for the year	( 479,988)	35,533
	---------	---------

All the activities of the company are from continuing operations.

TIER 2 CONSULTING LIMITED

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	11	3,823	4,622

Current assets

Debtors	12	650,559	1,452,952
Cash at bank and in hand		1,826,410	1,759,927
		------------	------------
		2,476,969	3,212,879

Creditors: amounts falling due within one year	13	1,009,836	1,266,557
		------------	------------
Net current assets		1,467,133	1,946,322
		------------	------------
Total assets less current liabilities		1,470,956	1,950,944
		------------	------------
Net assets		1,470,956	1,950,944
		------------	------------

Capital and reserves

Called up share capital	15	975	975
Share premium account	16	22,425	22,425
Capital redemption reserve	16	25	25
Profit and loss account	16	1,447,531	1,927,519
		------------	------------
Shareholders funds		1,470,956	1,950,944
		------------	------------

These financial statements were approved by the board of directors and authorised for issue on 3 November 2025 , and are signed on behalf of the board by:

Mr. S Bolli

Director

Company registration number: 04361268

TIER 2 CONSULTING LIMITED

Statement of Changes in Equity

Year ended 31 March 2025

		Called up share capital	Share premium account	Capital redemption reserve	Profit and loss account	Total
		£	£	£	£	£
At 1 April 2023		975	22,425	25	1,891,986	1,915,411

Profit for the year					644,711	644,711
Other comprehensive income for the year:
	Other equity	–	–	–	(609,178)	(609,178)
		----	--------	----	------------	------------
Total comprehensive income for the year		–	–	–	35,533	35,533

At 31 March 2024		975	22,425	25	1,927,519	1,950,944

Loss for the year					( 479,988)	( 479,988)
		----	--------	----	------------	------------
Total comprehensive income for the year		–	–	–	( 479,988)	( 479,988)

		----	--------	----	------------	------------
At 31 March 2025		975	22,425	25	1,447,531	1,470,956
		----	--------	----	------------	------------

TIER 2 CONSULTING LIMITED

Statement of Cash Flows

Year ended 31 March 2025

	2025	2024
	£	£

Cash flows from operating activities

(Loss)/profit for the financial year	( 479,988)	644,711

Adjustments for:
Depreciation of tangible assets	4,248	7,221
Other interest receivable and similar income	( 74,984)	( 38,306)
Tax on (loss)/profit	–	216,809
Accrued expenses/(income)	262,335	( 326,850)

Changes in:
Stocks	–	241,171
Trade and other debtors	392,408	( 596,262)
Trade and other creditors	35,107	540,417
Other operating cash flow changes	–	(609,178)
	---------	---------
Cash generated from operations	139,126	79,733

Interest received	74,984	38,306
Tax paid	( 216,809)	( 211,921)
	---------	---------
Net cash used in operating activities	( 2,699)	( 93,882)
	---------	---------

Cash flows from investing activities

Purchase of tangible assets	( 3,449)	( 1,937)
	---------	---------
Net cash used in investing activities	( 3,449)	( 1,937)
	---------	---------

Cash flows from financing activities

Proceeds from loans from group undertakings	72,631	3,741
	---------	---------
Net cash from financing activities	72,631	3,741
	---------	---------

Net increase/(decrease) in cash and cash equivalents	66,483	( 92,078)
Cash and cash equivalents at beginning of year	1,759,927	1,852,005
	------------	------------
Cash and cash equivalents at end of year	1,826,410	1,759,927
	------------	------------

TIER 2 CONSULTING LIMITED

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite S05 Business And Technology Centre, Bessemer Drive, Stevenage, SG1 2DX.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% straight line
Equipment	-	50% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Rendering of services	2,127,686	3,793,472
	------------	------------

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating (loss)/profit

Operating profit or loss is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	4,248	7,221
Foreign exchange differences	287	–
	-------	-------

6. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	5,200	5,000
	-------	-------

7. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Administrative staff	26	28
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	1,578,566	1,892,412
Social security costs	185,314	13,665
Other pension costs	121,227	146,515
	------------	------------
	1,885,107	2,052,592
	------------	------------

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	134,653	177,166
	---------	---------

9. Other interest receivable and similar income

	2025	2024
	£	£
Interest on cash and cash equivalents	74,984	38,306
	--------	--------

10. Tax on (loss)/profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	–	216,809
	----	---------
Tax on (loss)/profit	–	216,809
	----	---------

Reconciliation of tax expense

The tax assessed on the (loss)/profit on ordinary activities for the year is the same as (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
(Loss)/profit on ordinary activities before taxation	( 479,988)	861,520
	---------	---------
(Loss)/profit on ordinary activities by rate of tax	–	215,380
Effect of expenses not deductible for tax purposes	–	255
Effect of capital allowances and depreciation	–	1,174
	---------	---------
Tax on (loss)/profit	–	216,809
	---------	---------

11. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 April 2024	17,845	76,113	93,958
Additions	–	3,449	3,449
	--------	--------	--------
At 31 March 2025	17,845	79,562	97,407
	--------	--------	--------
Depreciation
At 1 April 2024	17,845	71,491	89,336
Charge for the year	–	4,248	4,248
	--------	--------	--------
At 31 March 2025	17,845	75,739	93,584
	--------	--------	--------
Carrying amount
At 31 March 2025	–	3,823	3,823
	--------	--------	--------
At 31 March 2024	–	4,622	4,622
	--------	--------	--------

12. Debtors

	2025	2024
	£	£
Trade debtors	408,775	1,015,432
Prepayments and accrued income	27,777	415,405
Other debtors	214,007	22,115
	---------	------------
	650,559	1,452,952
	---------	------------

13. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	171,164	94,970
Amounts owed to group undertakings	77,333	4,702
Accruals and deferred income	72,454	231,720
Corporation tax	–	216,809
Social security and other taxes	78,078	108,978
Other creditors	610,807	609,378
	------------	------------
	1,009,836	1,266,557
	------------	------------

14. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 107,727 (2024: £ 93,015 ).

15. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	975	975	975	975
	----	----	----	----

16. Reserves

Share premium account - This reserve records the difference between the nominal value of shares issued and the fair value of the consideration received. The share premium account is not distributable but may be used for certain purposes specified by UK Law, including to write off expenses on any issue of shares or debentures and to pay up fully paid bonus shares. The share premium account may be reduced by special resolution of the Company's shareholders and with the approval of the court Capital redemption reserve - This reserve records the cost of shares purchased by the Company for cancellation or redeemed in excess of the proceeds of any fresh issue of shares made specifically to fund the purchase or redemption. The capital redemption reserve is not distributable but may be reduced by special resolution of the Company's shareholders and with the approval of the court.

17. Analysis of changes in net debt

	At 1 Apr 2024	Cash flows	At 31 Mar 2025
	£	£	£
Cash at bank and in hand	1,759,927	66,483	1,826,410
Debt due within one year	(4,702)	(72,631)	(77,333)
	------------	--------	------------
	1,755,225	( 6,148)	1,749,077
	------------	--------	------------