The Binary Refinery Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 07398552

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		18		26

			18		26
CURRENT ASSETS
Cash at bank and in hand		40		67

		40		67
Creditors: Amounts Falling Due Within One Year	5	(37,925 )		(36,734 )

NET CURRENT ASSETS (LIABILITIES)			(37,885 )		(36,667 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(37,867 )		(36,641 )

NET LIABILITIES			(37,867 )		(36,641 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(37,868 )		(36,642 )

SHAREHOLDERS' FUNDS			(37,867)		(36,641)

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr Richard Fine

Director

29/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The Binary Refinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07398552 . The registered office is Unit 4, Willows Gate, Stratton Audley, Bicester, Oxfordshire, OX27 9AU.

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.

2.2. Going Concern Disclosure

The company's financial statements have been prepared on a going concern basis, even though the balance sheet shows net liabilities of £37,700. The company is dependent upon the continued supported of its shareholders and directors who will continue to provide the necessary finance. Therefore the directors considers the preparation of the financial statements on a going concern basis to be appropriate.

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:

Computer Equipment

33% Reducing Balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 November 2024	3,562

As at 31 October 2025	3,562

Depreciation
As at 1 November 2024	3,536
Provided during the period	8

As at 31 October 2025	3,544

Net Book Value
As at 31 October 2025	18

As at 1 November 2024	26

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	32	573
Accruals and deferred income	1,052	890
Director's loan account	36,841	35,271

	37,925	36,734

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Page 3

The Binary Refinery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

Included in other creditors at the year-end is an amount of £36,841 (2024 - £35,271) due to a director, there are no terms or interest attached to this loan.