Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Fergal Shanahan
Yaniv Arieli
Patrick McWilliams

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 October 2025

And signed on behalf of the board by:
Name: Fergal Shanahan
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	1,943,089	2,181,631
Cost of sales:	( 1,401,563 )	( 1,484,564 )
Gross profit(or loss):	541,526	697,067
Distribution costs:	( 276,133 )	0
Administrative expenses:	( 94,918 )	( 30,147 )
Operating profit(or loss):	170,475	666,920
Interest receivable and similar income:	0	0
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	170,475	666,920
Tax:	( 37,827 )	( 109,882 )
Profit(or loss) for the financial year:	132,648	557,038

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Fixed assets
Intangible assets:		0	0
Tangible assets:	3	13,733	5,791
Investments:		0	0
Total fixed assets:		13,733	5,791
Current assets
Debtors:	4	3,802,252	3,701,465
Cash at bank and in hand:		146,618	64,014
Investments:		0	0
Total current assets:		3,948,870	3,765,479
Creditors: amounts falling due within one year:	5	( 267,250 )	( 208,565 )
Net current assets (liabilities):		3,681,620	3,556,914
Total assets less current liabilities:		3,695,353	3,562,705
Total net assets (liabilities):		3,695,353	3,562,705
Capital and reserves
Called up share capital:		3	3
Profit and loss account:		3,695,350	3,562,702
Total Shareholders' funds:		3,695,353	3,562,705

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  CEVA Limited operates on a cost plus basis, trading with group companies. The costs of the Company plus a mark-up are charged to other companies in the Ceva group.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less accumulated depreciation. The charge for depreciation is calculated to write down the cost of tangible fixed assets on a straight line basis over their expected useful lives.

  Other accounting policies

  The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgement in applying the Group's accounting policies

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	7	9