Acorah Software Products - Accounts Production 16.5.460 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 13561943 Dr Bashir Ibrahim Ayash Al-Diri Mr James Henry O'Mahony Dr Iain Paul Thomas Professor Karl Thomas Dayson Professor Simon Pearson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13561943 2024-08-31 13561943 2025-08-31 13561943 2024-09-01 2025-08-31 13561943 frs-core:CurrentFinancialInstruments 2025-08-31 13561943 frs-core:ComputerEquipment 2025-08-31 13561943 frs-core:ComputerEquipment 2024-09-01 2025-08-31 13561943 frs-core:ComputerEquipment 2024-08-31 13561943 frs-core:PlantMachinery 2025-08-31 13561943 frs-core:PlantMachinery 2024-09-01 2025-08-31 13561943 frs-core:PlantMachinery 2024-08-31 13561943 frs-core:ShareCapital 2025-08-31 13561943 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 13561943 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 13561943 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 13561943 frs-bus:SmallEntities 2024-09-01 2025-08-31 13561943 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 13561943 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 13561943 frs-bus:OrdinaryShareClass1 2024-09-01 2025-08-31 13561943 frs-bus:OrdinaryShareClass1 2025-08-31 13561943 frs-bus:Director1 2024-09-01 2025-08-31 13561943 frs-bus:Director1 2024-08-31 13561943 frs-bus:Director1 2025-08-31 13561943 frs-bus:Director2 2024-09-01 2025-08-31 13561943 frs-bus:Director3 2024-09-01 2025-08-31 13561943 frs-bus:Director4 2024-09-01 2025-08-31 13561943 frs-bus:Director5 2024-09-01 2025-08-31 13561943 frs-countries:EnglandWales 2024-09-01 2025-08-31 13561943 2023-08-31 13561943 2024-08-31 13561943 2023-09-01 2024-08-31 13561943 frs-core:CurrentFinancialInstruments 2024-08-31 13561943 frs-core:ShareCapital 2024-08-31 13561943 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13561943 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31
Registered number: 13561943
Agaricus Robotics Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Max Accountants Ltd
Ketton Suite
The King Centre
Oakham
Rutland
LE15 7WD
Agaricus Robotics Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Agaricus Robotics Ltd
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: 13561943

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 6,527 |  | 10,526
|  |  | 6,527 |  | 10,526
CURRENT ASSETS
Debtors | 5 | 103,856 |  | 91,731 |
Cash at bank and in hand |  | 98,749 |  | 114,591 |
|  | 202,605 |  | 206,322 |
Creditors: Amounts Falling Due Within One Year | 6 | (470,602 ) |  | (389,414 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (267,997 ) |  | (183,092 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (261,470 ) |  | (172,566 )
NET LIABILITIES |  |  | (261,470 ) |  | (172,566 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Profit and Loss Account |  |  | (261,471 ) |  | (172,567 )
SHAREHOLDERS' FUNDS |  |  | (261,470) |  | (172,566)

For the year ending 31 August 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Dr Bashir Ibrahim Ayash Al-Diri Director
3 November 2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Agaricus Robotics Ltd
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Agaricus Robotics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13561943 . The registered office is Sparkhouse, Rope Walk, Lincoln, LN6 7DQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Therefore the financial statements have been prepared on a going concern basis which assumes the Company will continue in operational existence for the foreseeable future.
The Company is involved in research and development activities and is working towards achieving a sustainable revenue generating activity. The directors have considered the basis of the financial statements and are satisfied that a combination of business growth and further investment commitments will enable the Company to meet its liabilities as they fall due.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 5 years, straight line
Computer Equipment | 2 years, straight line

2.4. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price including transaction costs.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities.
2.5. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the profit / loss before taxation.
2.6. Taxation
Tax is recognised in profit or loss except that a charge is attributable to an item of income and expense recognised as other comphrehensive income or to an item recognised directly in equity is also recognised in other comphrehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
Page 2
Page 3
Agaricus Robotics Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. 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.
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.
2.9. Convertible Debt
Compound financial instruments issued by the Company comprise convertible loan notes that can be converted to share capital at the option of the holder. The interest on the loan notes is compounding annually and as such the number of shares to be issued will vary with changes in the fair value.
Due to the varying number of shares to be issued the loan notes are treated as liabilities and not split between equity and liabilities. The liability is initially and subsequently measured at fair value, with the fair value movements recognised in the Profit and Loss.
Transaction costs that relate to the issue of the instrument are expensed to the Statement of Comprehensive Income.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets

| Plant & Machinery | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 September 2024 | 5,633 | 9,831 | 15,464
Additions | 948 | - | 948
As at 31 August 2025 | 6,581 | 9,831 | 16,412
Depreciation
As at 1 September 2024 | 376 | 4,562 | 4,938
Provided during the period | 1,221 | 3,726 | 4,947
As at 31 August 2025 | 1,597 | 8,288 | 9,885
Net Book Value
As at 31 August 2025 | 4,984 | 1,543 | 6,527
As at 1 September 2024 | 5,257 | 5,269 | 10,526

Page 3
Page 4
Agaricus Robotics Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 40,403 |  | 44,273
Other debtors | 15,277 |  | 14,046
Corporation tax recoverable assets | 46,446 |  | 31,123
VAT | 1,419 |  | 2,289
Directors' loan accounts | 311 |  | -
| 103,856 |  | 91,731

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 2,229 |  | 4,759
Bank loans and overdrafts | 84,600 |  | 850
Convertible loans | 373,240 |  | 358,149
Other taxes and social security | 2,650 |  | 10,257
Other creditors | 6,008 |  | 13,749
Accruals and deferred income | 1,875 |  | 1,650
| 470,602 |  | 389,414

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1,251 Ordinary Shares of £ 0.001 each | 1 |  | 1

8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 September 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 August 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Dr Bashir Al-Diri | - | 311 | - | - | 311

The above loan is unsecured, interest free and repayable on demand.
Page 4