REGISTERED NUMBER: 10477460 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Digital Taxonomy Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Jeff Boekstein

Tim Brandwood

Mike Daniels

Damien Gouriet

C P Molloy

Maya Ross

SECRETARY:

C P Molloy

REGISTERED OFFICE:

115 Hampstead Road

London

NW1 3EE

REGISTERED NUMBER:

10477460 (England and Wales)

ACCOUNTANTS:

Charles William

Charles William Limited

Chartered Accountants

115 Hampstead Road

London

NW1 3EE

FIXED ASSETS

Intangible assets

4

636,338

767,978

Tangible assets

5

1,465

3,995

637,803

771,973

CURRENT ASSETS

Debtors

6

230,061

325,835

Cash at bank

88,032

163,902

318,093

489,737

CREDITORS

Amounts falling due within one year

7

(479,674

)

(439,401

)

NET CURRENT (LIABILITIES)/ASSETS

(161,581

)

50,336

TOTAL ASSETS LESS CURRENT LIABILITIES

476,222

822,309

CREDITORS

Amounts falling due after more than one year

8

(2,355

)

(12,545

)

PROVISIONS FOR LIABILITIES

(82,834

)

(126,774

)

NET ASSETS

391,033

682,990

CAPITAL AND RESERVES

Called up share capital

5

5

Share premium

265,057

265,057

Retained earnings

125,971

417,928

SHAREHOLDERS' FUNDS

391,033

682,990

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 19 November 2025 and were signed on its behalf by:

Tim Brandwood - Director

1.	STATUTORY INFORMATION

Digital Taxonomy 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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. Development expenditure is capitalised as an intangible asset only if certain criteria are met. The capitalisation criteria are as follows:

1. An asset is created that can be separately identified, and which the company intends to use or sell

2. It is technically feasible to complete the development of the asset for use or sale

3. It is probable that the asset will generate future economic benefit

4. The development cost of the asset can be measured reliably

The expected useful lives of intangible assets are reviewed annually. The company does not have any intangible assets with indefinite lives. The estimated useful life of the company's intangible asset is 10 years.

Following initial recognition, intangible assets with finite useful lives are carried at cost less accumulated amortisation and accumulated impairment losses.

Research costs are expensed as incurred. Development expenditure incurred on an individual project is capitalised only if specific criteria are met.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 20% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

1,181,526

AMORTISATION

At 1 April 2024

413,548

Charge for year

131,640

At 31 March 2025

545,188

NET BOOK VALUE

At 31 March 2025

636,338

At 31 March 2024

767,978

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

11,039

DEPRECIATION

At 1 April 2024

7,044

Charge for year

2,530

At 31 March 2025

9,574

NET BOOK VALUE

At 31 March 2025

1,465

At 31 March 2024

3,995

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

227,623

257,704

Other debtors

2,438

68,131

230,061

325,835

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,848

9,848

Trade creditors

13,549

19,474

Taxation and social security

16,689

13,875

Other creditors

439,588

396,204

479,674

439,401

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,355

12,545

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the company owed £18 (2024:£18) to Mr T Brandwood who is one of the directors of the company.

10.	GOING CONCERN

The financial statements for the year ended 31st March 2025 have been prepared on a going-concern basis. The Group incurred a loss for the year, primarily driven by significant planned investment in sales and marketing activities intended to achieve business growth. These investments temporarily reduced profitability but were deemed worthwhile in the pursuit of revenue growth.

In September 2025, the company implemented a restructuring of the business to reduce costs and refocus resources on restoring profitability. At the time of approving these financial statements, the revised strategy is proving successful, with early indicators showing improved trading performance and cost efficiencies.

The Directors have reviewed the Group's forecasts and cash flow projections and are satisfied that adequate resources are available to continue operating for at least the next 12 months. Accordingly, the Directors consider the going-concern basis of preparation to be appropriate.