IRIS Accounts Production v25.2.0.378 06102853 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false false true false Ordinary 0.10000 Ordinary A 0.10000 Ordinary B 0.10000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06102853 2024-02-29 06102853 2025-02-28 06102853 2024-03-01 2025-02-28 06102853 2023-02-28 06102853 2023-03-01 2024-02-29 06102853 2024-02-29 06102853 ns15:EnglandWales 2024-03-01 2025-02-28 06102853 ns14:PoundSterling 2024-03-01 2025-02-28 06102853 ns10:Director1 2024-03-01 2025-02-28 06102853 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 06102853 ns10:SmallEntities 2024-03-01 2025-02-28 06102853 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 06102853 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 06102853 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 06102853 ns10:FullAccounts 2024-03-01 2025-02-28 06102853 1 2024-03-01 2025-02-28 06102853 ns10:OrdinaryShareClass1 2024-03-01 2025-02-28 06102853 ns10:OrdinaryShareClass2 2024-03-01 2025-02-28 06102853 ns10:OrdinaryShareClass3 2024-03-01 2025-02-28 06102853 ns10:Director2 2024-03-01 2025-02-28 06102853 ns10:CompanySecretary1 2024-03-01 2025-02-28 06102853 ns10:RegisteredOffice 2024-03-01 2025-02-28 06102853 ns5:CurrentFinancialInstruments 2025-02-28 06102853 ns5:CurrentFinancialInstruments 2024-02-29 06102853 ns5:Non-currentFinancialInstruments 2025-02-28 06102853 ns5:Non-currentFinancialInstruments 2024-02-29 06102853 ns5:ShareCapital 2025-02-28 06102853 ns5:ShareCapital 2024-02-29 06102853 ns5:SharePremium 2025-02-28 06102853 ns5:SharePremium 2024-02-29 06102853 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 06102853 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 06102853 ns5:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 06102853 ns5:ComputerEquipment 2024-03-01 2025-02-28 06102853 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-02-29 06102853 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-02-28 06102853 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-02-29 06102853 ns5:ComputerEquipment 2024-02-29 06102853 ns5:ComputerEquipment 2025-02-28 06102853 ns5:ComputerEquipment 2024-02-29 06102853 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 06102853 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-02-29 06102853 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2025-02-28 06102853 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-02-29 06102853 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-02-28 06102853 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-02-29 06102853 ns5:WithinOneYear 2025-02-28 06102853 ns5:WithinOneYear 2024-02-29 06102853 ns5:Secured 2025-02-28 06102853 ns5:Secured 2024-02-29 06102853 ns10:OrdinaryShareClass1 2025-02-28 06102853 ns10:OrdinaryShareClass2 2025-02-28 06102853 ns10:OrdinaryShareClass3 2025-02-28

REGISTERED NUMBER: 06102853 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 28 February 2025 |

| for |

| Alcyomics Limited |

| Alcyomics Limited (Registered number: 06102853) |

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Alcyomics Limited |

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | R J Neal

| A M Dickinson

| SECRETARY: | A M Dickinson

| REGISTERED OFFICE: | The Biosphere Draymans Way

| Newcastle Helix

| Newcastle upon Tyne

| NE4 5BX

| REGISTERED NUMBER: | 06102853 (England and Wales)

| ACCOUNTANTS: | Clive Owen LLP

| Chartered Accountants

| Kepier House

| Belmont Business Park

| Durham

| DH1 1TW

| Alcyomics Limited (Registered number: 06102853) |

Balance Sheet

28 February 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 385,607 |  | 385,607 |  |

Tangible assets | 5 | 15,985 |  | 27,773 |  |

401,592 |  | 413,380 |  |

CURRENT ASSETS

Stocks | 171,693 |  | 70,622 |  |

Debtors | 6 | 324,591 |  | 167,032 |  |

Cash at bank | 34,979 |  | 30,469 |  |

531,263 |  | 268,123 |  |

CREDITORS

Amounts falling due within one year | 7 | (561,202 | ) | (396,528 | ) |

NET CURRENT LIABILITIES | (29,939 | ) | (128,405 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 371,653 |  | 284,975 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (876,037 | ) | (897,822 | ) |

NET LIABILITIES | (504,384 | ) | (612,847 | ) |

CAPITAL AND RESERVES

Called up share capital | 11 | 125 |  | 125 |  |

Share premium | 299,975 |  | 299,975 |  |

Retained earnings | (804,484 | ) | (912,947 | ) |

SHAREHOLDERS' FUNDS | (504,384 | ) | (612,847 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

| Alcyomics Limited (Registered number: 06102853) |

Balance Sheet - continued

28 February 2025

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

A M Dickinson - Director

| Alcyomics Limited (Registered number: 06102853) |

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Alcyomics 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.

| There were no material departures from that standard.

| The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and also have been consistently applied within the same accounts.

| Going concern

| The directors assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The directors make this assessment in respect of a period of at least one year from the date the financial statements are approved.

| The financial statements are prepared on the going concern basis which assumes that the company will continue to trade. If the company is unable to continue to trade, adjustments would be required to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and to analyse long term liabilities as current liabilities.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions conducted at a market rate.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Income Recognition

| The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition. intangible assets are measured at cost less any accumulated ammortisation and any accumulated impairment losses.

| Development costs relate to intangible assets which are not yet complete and in use, therefore no amortisation has been charged.

| Tangible fixed assets

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

| Equipment | - | 20% on cost

| Tangible fixed assets are included at cost less accumulated depreciation and impairment.

| Alcyomics Limited (Registered number: 06102853) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Government grants

| Revenue based grants have been credited to the profit and loss account in the period to which they relate.

| Capital based grants are accounted for using the accruals model and have been transferred to a deferred credit and released to the profit and loss account over the useful life of the asset, as disclosed above.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Basic financial instruments are recognised at amortised cost with changes recognised in profit and loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 12 (2024 - 10 ) .

| Alcyomics Limited (Registered number: 06102853) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

4. | INTANGIBLE FIXED ASSETS

| Development

| costs

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 385,607 |  |

| NET BOOK VALUE

| At 28 February 2025 | 385,607 |  |

| At 29 February 2024 | 385,607 |  |

5. | TANGIBLE FIXED ASSETS

| Equipment

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 273,761 |  |

| DEPRECIATION

| At 1 March 2024 | 245,988 |  |

| Charge for year | 11,788 |  |

| At 28 February 2025 | 257,776 |  |

| NET BOOK VALUE

| At 28 February 2025 | 15,985 |  |

| At 29 February 2024 | 27,773 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 258,612 |  | 28,709 |  |

| Other debtors | 34,559 |  | 70,190 |  |

| Prepayments and accrued income | 31,420 |  | 68,133 |  |

324,591 |  | 167,032 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 135,915 |  | 60,004 |  |

| Other loans | - |  | 86,311 |  |

| Trade creditors | 135,110 |  | 169,226 |  |

| Taxation and social security | 10,996 |  | 20,505 |  |

| Other creditors | 92,057 |  | 37,464 |  |

| Accruals and deferred income | 187,124 |  | 23,018 |  |

561,202 |  | 396,528 |  |

| Alcyomics Limited (Registered number: 06102853) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 147,317 |  | 60,004 |  |

| Bank loans - 2-5 years | 268,933 |  | 485,047 |  |

| Directors' loan accounts | 459,787 |  | 352,771 |  |

876,037 |  | 897,822 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | - |  | 43,625 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Other loans | - |  | 86,311 |  |

| Bank loans | 327,290 |  | 350,000 |  |

| Invoice factoring account | 57,165 |  | - |  |

384,455 |  | 436,311 |  |

| The bank loan and other loans are secured by fixed and floating charges over the assets of the company.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,000 | Ordinary | £0.10 | 100 |  | 100 |  |

| 188 | Ordinary A | £0.10 | 19 |  | 19 |  |

| 63 | Ordinary B | £0.10 | 6 |  | 6 |  |

125 |  | 125 |  |

12. | RELATED PARTY DISCLOSURES

| There were no related party transactions other than those concluded under normal market condition, except for those shown below:

|  | 2025 |  |  | 2024 |

|  | £ |  |  | £ |

| Amounts due to directors |  | 459,787 |  |  | 352,771 |

| No interest has been charged. |  |