REGISTERED NUMBER: 09469655 (England and Wales)

CarbonNV Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr M T Vital-Ahuja

REGISTERED OFFICE:

12 New Fetter Lane

London

EC4A 1JP

REGISTERED NUMBER:

09469655 (England and Wales)

ACCOUNTANTS:

Naail & Co

Chartered Certified Accountants

69 Lambeth Walk

London

SE11 6DX

FIXED ASSETS

Intangible assets

5

96

129

Property, plant and equipment

6

1,170

1,560

1,266

1,689

CURRENT ASSETS

Debtors

2,609

2,612

CREDITORS

Amounts falling due within one year

9,763

4,146

NET CURRENT LIABILITIES

(7,154

)

(1,534

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,888

)

155

CAPITAL AND RESERVES

Called up share capital

7

182

182

Share premium

8,074,676

8,074,676

Retained earnings

(8,080,746

)

(8,074,703

)

SHAREHOLDERS' FUNDS

(5,888

)

155

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th December 2025 and were signed by:

Dr M T Vital-Ahuja - Director

1.	STATUTORY INFORMATION

CarbonNV 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about CarbonNV Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 with wholly owned subsidiaries within the group.

Intangible assets

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

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Computer equipment

-

25% 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.

Going concern

The company's financial statements have been prepared on a going concern basis on the ground that current and future sources of funding or support will be more than adequate for the company's needs. In assessing going concern, the director has a reasonable expectation that the company will continue as going concern and is able to meet all of its obligations as they fall due for a minimum of 12 months from the date of approval of these financial statements.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2024

and 31st March 2025

333

AMORTISATION

At 1st April 2024

204

Amortisation for year

33

At 31st March 2025

237

NET BOOK VALUE

At 31st March 2025

96

At 31st March 2024

129

6.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1st April 2024

and 31st March 2025

6,575

DEPRECIATION

At 1st April 2024

5,015

Charge for year

390

At 31st March 2025

5,405

NET BOOK VALUE

At 31st March 2025

1,170

At 31st March 2024

1,560

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

18,244,766

Ordinary

�£0.0

0001

182

182

8.	RELATED PARTY DISCLOSURES

Dr T Vital-Ahuja

Director & 100% shareholder

At the reporting date, the company owed £7,965 (2024: 1,892) to Dr Vital-Ahuja. This is an interest free loan with no set repayment date.