REGISTERED NUMBER: 08205781 (England and Wales)

Involution Technologies Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M R Cunliffe

J D Sword

Dr F Cunliffe

REGISTERED OFFICE:

Olympus House

Olympus Avenue

Leamington Spa

Warwickshire

CV34 6BF

REGISTERED NUMBER:

08205781 (England and Wales)

ACCOUNTANTS:

Moffat Gilbert

Chartered Accountants

Unit 12

Shottery Brook Office Park

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NR

FIXED ASSETS

Intangible assets

4

332,005

-

Tangible assets

5

664

1,035

332,669

1,035

CURRENT ASSETS

Debtors

6

201,644

152,585

Cash at bank

67,705

366,128

269,349

518,713

CREDITORS

Amounts falling due within one year

7

364,383

257,803

NET CURRENT (LIABILITIES)/ASSETS

(95,034

)

260,910

TOTAL ASSETS LESS CURRENT LIABILITIES

237,635

261,945

CREDITORS

Amounts falling due after more than one year

8

166,667

266,134

NET ASSETS/(LIABILITIES)

70,968

(4,189

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

70,868

(4,289

)

SHAREHOLDERS' FUNDS

70,968

(4,189

)

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

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

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 26 September 2025 and were signed on its behalf by:

M R Cunliffe - Director

1.	STATUTORY INFORMATION

Involution Technologies Ltd 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.

Revenue is recognised for short-term projects once the project is complete. Longer term projects are subject to stage payment arrangements and the revenue is recognised based on the work carried out.

Intangible assets

Computer software was amortised over the estimated useful life to the business of five years.

Development costs relate to an ongoing project which the directors intend to market in the future and thus is currently not being amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the financial reporting date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

68,862

Additions

332,005

At 31 December 2024

400,867

AMORTISATION

At 1 January 2024

and 31 December 2024

68,862

NET BOOK VALUE

At 31 December 2024

332,005

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

12,319

DEPRECIATION

At 1 January 2024

11,284

Charge for year

371

At 31 December 2024

11,655

NET BOOK VALUE

At 31 December 2024

664

At 31 December 2023

1,035

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

133,294

96,335

Tax

18,362

4,732

VAT

8,091

-

Deferred tax asset

33,751

47,728

Prepayments

8,146

3,790

201,644

152,585

The taxation debtor includes an amount payable after more than one year in the amount of £4,732 (2023 £4,732).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

16,134

19,999

Other loans

55,556

-

Trade creditors

43,455

79,792

Social security and other taxes

18,357

17,433

VAT

-

20,595

Other creditors

6,423

374

Directors' current accounts

187,289

91,060

Accrued expenses

37,169

28,550

364,383

257,803

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

-

16,134

Other loans - 1-2 years

55,556

83,333

Other loans - 2-5 years

111,111

166,667

166,667

266,134

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 January 2024

(4,289

)

Profit for the year

75,157

At 31 December 2024

70,868

11.	ULTIMATE CONTROLLING PARTY

The controlling party is M R Cunliffe.