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Registered number: 15869942 ASYMMETRIX LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 MARCH 2025
ASYMMETRIX LTD REGISTERED NUMBER: 15869942 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Intangible assets | 4 |  | 529
|  |  | 529
Current assets |  |  |
Cash at bank and in hand | 5 | 83,032 |
|  | 83,032 |
Creditors: amounts falling due within one year | 6 | (2,732) |
Net current assets |  |  | 80,300
Total assets less current liabilities |  |  | 80,829
Net assets |  |  | 80,829
Capital and reserves |  |  |
Called up share capital | 7 |  | 157
Share premium account | 8 |  | 83,176
Profit and loss account | 8 |  | (2,504)
|  |  | 80,829
The director considers 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 period in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his 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. Page 1
ASYMMETRIX LTD REGISTERED NUMBER: 15869942 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 The Company has opted not to file the statement of comprehensive income 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 on 6 October 2025.
A A G Boden
Director
The notes on pages 4 to 6 form part of these financial statements. Page 2
ASYMMETRIX LTD STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 31 MARCH 2025
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
Comprehensive income for the period |  |  |  |
Loss for the period | - | - | (2,504) | (2,504)
Total comprehensive income for the period | - | - | (2,504) | (2,504)
Contributions by and distributions to owners |  |  |  |
Shares issued during the period | 157 | 83,176 | - | 83,333
Total transactions with owners | 157 | 83,176 | - | 83,333
At 31 March 2025 | 157 | 83,176 | (2,504) | 80,829
| The notes on pages 4 to 6 form part of these financial statements.
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ASYMMETRIX LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 1.Accounting policies
| 1.1 | 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:
| 1.2 | Research and development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years. If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
| 1.3 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 1.4 | 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.
| 1.5 | 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. Page 4
ASYMMETRIX LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
2. | Judgments in applying accounting policies and key sources of estimation uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates. The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised. The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below: Prepayments & Accrued Expenditure The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
3. | Employees
| The average monthly number of employees, including directors, during the period was 1.
4. | Intangible assets
|  | Development expenditure
|  | £
| Cost |
| Additions | 533
| At 31 March 2025 | 533
| Amortisation |
| Charge for the period on owned assets | 4
| At 31 March 2025 | 4
| Net book value |
| At 31 March 2025 | 529
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ASYMMETRIX LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
5. | Cash and cash equivalents
|  |  |  |  | 2025
|  |  |  |  | £
| Cash at bank and in hand | 83,032
|  | 83,032
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Trade creditors | 232
| Accruals and deferred income | 2,500
|  | 2,732
7. | Share capital
|  |  |  |  | 2025
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 1,000,000 Ordinary shares of £0.0001 each | 100
|  | 568,627 VV shares of £0.0001 each | 57
|  |  | 157
On incorporation, 100 Ordinary shares of £1.00 each were issued. On 8th November 2024, the shares were sub-divided into 1,000,000 Ordinary shares of £0.0001 each. On 6th March 2025, the company allotted 568,627 VV shares of £0.0001 each.
8. | Reserves
Share premium account The share premium account is non-distributable. Profit and loss account The profit and loss reserve is fully distributable.
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