CARDEX SOLUTIONS LTD

Company Registration Number:
13243124 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 April 2024

End date: 31 December 2024

CARDEX SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

CARDEX SOLUTIONS LTD

Balance sheet

As at 31 December 2024


Notes
31 December 2024
31 March 2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 15,540,007 0
Tangible assets: 4 261,896 0
Investments: 5 31,985 0
Total fixed assets: 15,833,888 0
Current assets
Debtors:   941,232 4,194
Cash at bank and in hand: 2,171 42
Total current assets: 943,403 4,236
Creditors: amounts falling due within one year:   (1,337,052) (11,734)
Net current assets (liabilities): (393,649) (7,498)
Total assets less current liabilities: 15,440,239 (7,498)
Creditors: amounts falling due after more than one year:   (9,890,238) (14,814)
Total net assets (liabilities): 5,550,001 (22,312)
Capital and reserves
Called up share capital: 6,077,111 100
Profit and loss account: (527,110) (22,412)
Shareholders funds: 5,550,001 (22,312)

The notes form part of these financial statements

CARDEX SOLUTIONS LTD

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 December 2025
and signed on behalf of the board by:

Name: Orkhan Nasibov
Status: Director

The notes form part of these financial statements

CARDEX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

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

Tangible fixed assets and depreciation policy

Tangible fixed assets depreciation policy 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 basis: Computer equipment straight line over five years; Furniture and fixtures straight line over five years; Vehicle straight line over four years.

Other accounting policies

Foreign exchange Foreign Currencies Monetary assets and liabilities in foreign currencies arc 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 operating profit. The exchange rates are automatically taken from IHS market by ERP.

CARDEX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

31 December 2024 31 March 2024
Average number of employees during the period 1 1

CARDEX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 April 2024 0
Additions 16,307,017
At 31 December 2024 16,307,017
Amortisation
At 01 April 2024 0
Charge for year 767,010
At 31 December 2024 767,010
Net book value
At 31 December 2024 15,540,007
At 31 March 2024 0

CARDEX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 April 2024 0
Additions 313,881
At 31 December 2024 313,881
Depreciation
At 01 April 2024 0
Charge for year 51,985
At 31 December 2024 51,985
Net book value
At 31 December 2024 261,896
At 31 March 2024 0

CARDEX SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

Loan to other companies