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REGISTERED NUMBER: 12715295 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

ROBOTIZ3D LIMITED

ROBOTIZ3D LIMITED (REGISTERED NUMBER: 12715295)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROBOTIZ3D LIMITED

Company Information
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mr S Fichera
Ms L Y Layzell
Ms E Nolan
Mr P Paoletti





REGISTERED OFFICE: The Innovation Centre Sci-Tech Daresbury
Keckwick Lane
Daresbury
WA4 4FS





REGISTERED NUMBER: 12715295 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
3rd Floor
St George's House
56 Peter Street
Manchester
M2 3NQ

ROBOTIZ3D LIMITED (REGISTERED NUMBER: 12715295)

Balance Sheet
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 26,888 15,108

CURRENT ASSETS
Debtors 5 36,537 19,315
Cash at bank 53,524 128,391
90,061 147,706
CREDITORS
Amounts falling due within one year 6 65,547 44,418
NET CURRENT ASSETS 24,514 103,288
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,402

118,396

CREDITORS
Amounts falling due after more than
one year

7

(539,226

)

(268,000

)

PROVISIONS FOR LIABILITIES (6,723 ) (3,777 )
NET LIABILITIES (494,547 ) (153,381 )

CAPITAL AND RESERVES
Called up share capital 11 11
Share premium 300,000 300,000
Retained earnings (794,558 ) (453,392 )
(494,547 ) (153,381 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

ROBOTIZ3D LIMITED (REGISTERED NUMBER: 12715295)

Balance Sheet - continued
31 JULY 2024


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 6 April 2025 and were signed on its behalf by:





Ms L Y Layzell - Director


ROBOTIZ3D LIMITED (REGISTERED NUMBER: 12715295)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Robotiz3d 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.
Plant and machinery etc - 20% on cost

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.

ROBOTIZ3D LIMITED (REGISTERED NUMBER: 12715295)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued

Going concern
The directors have considered their expectations and intentions for the next twelve months and the availability of working capital and concluded the company is a going concern. They are unaware of any events, conditions, or risks beyond the period of assessment that may cast significant doubt on the ability to continue as a going concern.

The company has a net current asset position of £51,402 which is suitable to meet the working capital requirements over the next 12 months with support from the parent company Exa Robotic Systems Limited. The company has a long term creditor with parent company Exa Robotic Systems Limited. The directors confirmed this balance will not be required for repayment within 12 months of the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2023 18,816
Additions 18,228
At 31 July 2024 37,044
DEPRECIATION
At 1 August 2023 3,708
Charge for year 6,448
At 31 July 2024 10,156
NET BOOK VALUE
At 31 July 2024 26,888
At 31 July 2023 15,108

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,691 -
VAT 30,846 19,315
36,537 19,315

ROBOTIZ3D LIMITED (REGISTERED NUMBER: 12715295)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 48,287 32,000
Social security and other taxes 7,749 3,561
Other creditors 3,581 3,170
Accruals and deferred income 5,930 5,687
65,547 44,418

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 539,226 -
Convertible loan note - 250,000
Accruals and deferred income - 18,000
539,226 268,000

8. RELATED PARTY DISCLOSURES

During the year the company received revenue for engineering designs and prototypes totalling £Nil (2023 - £3,167) with related party and shareholder University of Liverpool. These amounts were paid in full in the year.

During the year, the company received a loan of £550,000 from its parent company, Exa Robotic Systems Ltd (2023: £nil) and made repayments of £10,774 (2023: £nil). As at 31 July 2024, the company owed £539,226 (2023: £nil) to Exa Robotic systems Limited. This amount is interest free, with no set repayment terms, and is included within long-term creditors.