REGISTERED NUMBER: 03279534 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Coriolis Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTORS:

Mrs L J Dudley

M J Dudley

M D Schubert

SECRETARY:

Mrs S J Henshaw

REGISTERED OFFICE:

16 Commerce Square

The Lace Market

Nottingham

Nottinghamshire

NG1 1HS

REGISTERED NUMBER:

03279534 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Tangible assets

4

161,763

147,301

Investments

5

462,672

-

624,435

147,301

CURRENT ASSETS

Debtors

6

735,739

852,630

Cash at bank

267,779

774,368

1,003,518

1,626,998

CREDITORS

Amounts falling due within one year

7

346,078

420,991

NET CURRENT ASSETS

657,440

1,206,007

TOTAL ASSETS LESS CURRENT LIABILITIES

1,281,875

1,353,308

PROVISIONS FOR LIABILITIES

3,207

-

NET ASSETS

1,278,668

1,353,308

CAPITAL AND RESERVES

Called up share capital

8

11,935

11,935

Share premium

78,368

78,368

Revaluation reserve

9

9,622

-

Retained earnings

1,178,743

1,263,005

SHAREHOLDERS' FUNDS

1,278,668

1,353,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

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 27 October 2025 and were signed on its behalf by:

M J Dudley - Director

1.	STATUTORY INFORMATION

Coriolis 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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 15 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

8,393

132,313

21,983

162,689

Additions

-

56,236

3,546

59,782

At 31 March 2025

8,393

188,549

25,529

222,471

DEPRECIATION

At 1 April 2024

3,705

2,757

8,926

15,388

Charge for year

703

39,630

4,987

45,320

At 31 March 2025

4,408

42,387

13,913

60,708

NET BOOK VALUE

At 31 March 2025

3,985

146,162

11,616

161,763

At 31 March 2024

4,688

129,556

13,057

147,301

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

449,842

Revaluations

12,830

At 31 March 2025

462,672

NET BOOK VALUE

At 31 March 2025

462,672

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2025

12,830

Cost

449,842

462,672

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

338,998

610,458

Amounts owed by group undertakings

165,621

165,621

Other debtors

231,120

76,551

735,739

852,630

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

45,263

85,667

Taxation and social security

121,883

106,505

Other creditors

178,932

228,819

346,078

420,991

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,193,500

Ordinary

1p

11,935

11,935

9.

RESERVES

Revaluation

reserve

£

Reval'n of listed investments

9,622

At 31 March 2025

9,622

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

M J Dudley

Balance outstanding at start of year

23,642

183,000

Amounts advanced

61,649

23,642

Amounts repaid

-

(183,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

85,291

23,642

M D Schubert

Balance outstanding at start of year

25,159

-

Amounts advanced

39,469

25,159

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,628

25,159

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Coriolis Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Coriolis Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Coriolis Limited and state those matters that we have agreed to state to the Board of Directors of Coriolis Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Coriolis Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Coriolis Limited. You consider that Coriolis Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Coriolis Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

27 October 2025