ACCOUNTS - Final Accounts

Registered number: 13103602

ADORA DIGITAL HEALTH LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JUNE 2025

ADORA DIGITAL HEALTH LTD

REGISTERED NUMBER: 13103602

BALANCE SHEET

AS AT 28 JUNE 2025

		2025		2024
Note		£		£

FIXED ASSETS
Tangible assets	4		3,787		1,549
			3,787		1,549
CURRENT ASSETS
Debtors: amounts falling due within one year	5	92,110		32,732
Cash at bank and in hand		280,388		223,477
		372,498		256,209
Creditors: amounts falling due within one year	6	(357,683)		(106,464)
NET CURRENT ASSETS			14,815		149,745
TOTAL ASSETS LESS CURRENT LIABILITIES			18,602		151,294

NET ASSETS			18,602		151,294

CAPITAL AND RESERVES
Called up share capital	7	4	3
Share premium account		1,052,260	900,322
Profit and loss account		(1,033,662)	(749,031)
		18,602	151,294

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ADORA DIGITAL HEALTH LTD

REGISTERED NUMBER: 13103602

BALANCE SHEET (CONTINUED)

AS AT 28 JUNE 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr E Smith

Director

Date: 23 September 2025

The notes on pages 3 to 7 form part of these financial statements.

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ADORA DIGITAL HEALTH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JUNE 2025

1.	GENERAL INFORMATION

Adora Digital Health Ltd is a private company limited by shares. The Company is incorporated in England & Wales and its registered office is Salisbury House, Station Road, Cambridge CB1 2LA.
The Company was incorporated on 30 December 2020.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

GOING CONCERN

After making appropriate enquiries, the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future. The ability of the company to continue operations at the current level is dependant on the ability of the company to obtain additional funding to meet the working capital requirements. The directors are confident that the company will be able to raise the necessary funding to meet future working capital requirements. In the event that financing is not available the company will reduce its activities and put projects on hold until such a time that there is future funding available. For this reason they adopt the going concern basis when preparing the financial statements.

2.3

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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ADORA DIGITAL HEALTH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JUNE 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.4

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.5

RESEARCH AND DEVELOPMENT

Research and development expenditure is recognised in the Profit and Loss Accounts in the period in which it is incurred.

2.6

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

2.7

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.8

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

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ADORA DIGITAL HEALTH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JUNE 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.9

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.10

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.11

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.12

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 6 (2024 - 3).

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ADORA DIGITAL HEALTH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JUNE 2025

4.	TANGIBLE FIXED ASSETS

		Computer equipment
		£
	COST OR VALUATION
	At 29 June 2024	1,839
	Additions	2,996
	At 28 June 2025	4,835
	DEPRECIATION
	At 29 June 2024	290
	Charge for the year on owned assets	758
	At 28 June 2025	1,048
	NET BOOK VALUE
	At 28 June 2025	3,787
	At 28 June 2024	1,549

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ADORA DIGITAL HEALTH LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 JUNE 2025

DEBTORS

					2025	2024
					£	£


Trade debtors	-	14,478
Other debtors	77,885	8,409
Prepayments and accrued income	14,225	9,845
	92,110	32,732

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Other loans	190,000	-
Trade creditors	12,693	16,180
Other taxation and social security	31,641	-
Other creditors	1,419	669
Accruals and deferred income	121,930	89,615
	357,683	106,464

Other creditors includes contributions of £1,419 payable to the Company's defined contribution pension scheme.

7.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

2,512,111 (2024 - 2,417,305) Ordinary shares of £0.000001 each	3	2
1,011,413 (2024 - 946,290) Pre Seed shares of £0.000001 each	1	1

	4	3

On 20 February 2025 the Company issued 94,806 ordinary £0.000001 shares for total consideration of £90,071.
On 20 February 2025 the Company issued 65,123 pre-seed £0.000001 shares for total consideration of £61,868.

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