Dogtooth Technologies Limited - Filleted accounts

Dogtooth Technologies Limited
Registered number:		09079342
Balance Sheet
at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		23,737			39,476

Current assets
Debtors	4	866,874			607,058
Cash at bank and in hand		665,491			1,272,972
		1,532,365			1,880,030

Creditors: amounts falling due within one year	5	(121,832)			(287,056)

Net current assets			1,410,533			1,592,974

Net assets			1,434,270			1,632,450

Capital and reserves
Called up share capital			36,888			33,804
Share premium			14,576,288			12,744,068
Profit and loss account			(13,178,906)			(11,145,422)

Shareholders' funds			1,434,270			1,632,450

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dr Duncan Paul Robertson
Director
Approved by the board on 23 September 2025

Dogtooth Technologies Limited
Notes to the Financial Statements
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis and are presented in Sterling (£).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and grant income. Grant income is recognised as funds are expended for the grant purpose.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets over their expected useful lives, using the straight-line method.

	Plant and machinery	25% per year
	Leasehold improvements	Over the remaining term of the lease

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Work in progress and finished goods comprises materials, direct labour and attributable production overheads.. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Creditors
	Short term trade 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.

	Taxation
	Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date. Deferred tax is calculated using the tax rates and laws that that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference and is recognised in respect of all timing differences at the reporting date, except as otherwise indicated. Deferred tax assets are only 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. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	Leases are classified as finance leases unless they are short term leases or relate to low value items. All other leases are classified as operating leases. Assets held under finance leases are recognised initially at the fair value of the leased asset (or, if lower, the present value of minimum lease payments) at the inception of the lease. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation. Lease payments are apportioned between finance charges and reduction of the lease obligation using the effective interest method so as to achieve a constant rate of interest on the remaining balance of the liability. Finance charges are deducted in measuring profit or loss. Assets held under finance leases are included in tangible fixed assets and depreciated and assessed for impairment losses in the same way as owned assets. Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term, unless the rental payments are structured to increase in line with expected general inflation, in which case the company recognises annual rent expense equal to amounts owed to the lessor.

	Employee benefits
	Short-term employee benefits and contributions to defined contribution pension plans are recognised as an expense in the period in which they are incurred. The company operates stakeholder defined contribution pension schemes for the benefit of the employees and directors. The assets of the pension schemes are administered by an independent pensions provider.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			49		46


3	Tangible fixed assets
		Leasehold improvements		Plant and machinery		Total
£			£		£
	Cost
	At 1 April 2024	42,646		215,543		258,189
	Additions	-		19,550		19,550
	Disposals	-		(3,335)		(3,335)
	At 31 March 2025	42,646		231,758		274,404

	Depreciation
	At 1 April 2024	42,646		176,067		218,713
	Charge for the year	-		34,727		34,727
	On disposals	-		(2,773)		(2,773)
	At 31 March 2025	42,646		208,021		250,667

	Net book value
	At 31 March 2025	-		23,737		23,737
	At 31 March 2024	-		39,476		39,476


4	Debtors			2025		2024
£					£

	Trade debtors			-		3,981
	Other taxes and social security			16,552		21,114
	Other debtors			20,314		21,984
	Corporation tax			511,481		296,605
	Prepayments and accrued income			318,527		263,374
				866,874		607,058


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			16,670		61,916
	Taxation and social security costs			79,181		109,239
	Other creditors			17,264		46,751
	Accruals and deferred income			8,717		69,150
				121,832		287,056


6	Events after the reporting date

	xxxxxxxxxxxx Check what is happening with the premises lease extension. Xxxxxxxxxxx


7	Other information

	Dogtooth Technologies Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Millside
	The Moor
	Melbourn
	Cambridgeshire
	SG8 6ED