IRIS Accounts Production v25.4.0.155 14667856 Board of Directors 1.7.24 30.6.25 30.6.25 25.11.25 false true false false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 14667856 2024-06-30 14667856 2025-06-30 14667856 2024-07-01 2025-06-30 14667856 2023-02-15 14667856 2023-02-16 2024-06-30 14667856 2024-06-30 14667856 ns15:EnglandWales 2024-07-01 2025-06-30 14667856 ns14:PoundSterling 2024-07-01 2025-06-30 14667856 ns10:Director1 2024-07-01 2025-06-30 14667856 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 14667856 ns10:SmallEntities 2024-07-01 2025-06-30 14667856 ns10:Audited 2024-07-01 2025-06-30 14667856 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 14667856 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 14667856 ns10:FullAccounts 2024-07-01 2025-06-30 14667856 1 2024-07-01 2025-06-30 14667856 ns10:Director2 2024-07-01 2025-06-30 14667856 ns10:Director3 2024-07-01 2025-06-30 14667856 ns10:RegisteredOffice 2024-07-01 2025-06-30 14667856 ns5:CurrentFinancialInstruments 2025-06-30 14667856 ns5:CurrentFinancialInstruments 2024-06-30 14667856 ns5:Non-currentFinancialInstruments 2025-06-30 14667856 ns5:Non-currentFinancialInstruments 2024-06-30 14667856 ns5:ShareCapital 2025-06-30 14667856 ns5:ShareCapital 2024-06-30 14667856 ns5:SharePremium 2025-06-30 14667856 ns5:SharePremium 2024-06-30 14667856 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 14667856 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 14667856 ns5:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 14667856 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-07-01 2025-06-30 14667856 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-01 2025-06-30 14667856 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 14667856 ns5:IntangibleAssetsOtherThanGoodwill 2025-06-30 14667856 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-30 14667856 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 14667856 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 14667856 ns5:CurrentFinancialInstruments 2024-07-01 2025-06-30

REGISTERED NUMBER: 14667856 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

SELECT ID LTD.

SELECT ID LTD. (REGISTERED NUMBER: 14667856)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

SELECT ID LTD.

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

| DIRECTORS: | Mrs. C. L. Knight

| Mr. L. Banda

| Mr. N. C. Mothershaw

| REGISTERED OFFICE: | Dakota House

| 25 Falcon Court

| Preston Farm Business Park

| Stockton on Tees

| TS18 3TX

| REGISTERED NUMBER: | 14667856 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Anne Cowley BA FCA

| AUDITORS: | Baines Jewitt Limited

| Statutory Auditors

| Spitfire House

| 19 Falcon Court

| Preston Farm Industrial Estate

| Stockton-on-Tees

| TS18 3TU

SELECT ID LTD. (REGISTERED NUMBER: 14667856)

BALANCE SHEET

30 JUNE 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | 84,875 |  | 610 |  |

CURRENT ASSETS

Debtors | 5 | 153,333 |  | 276,000 |  |

Cash at bank | 161,376 |  | 476,426 |  |

314,709 |  | 752,426 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,077,838 |  | 805,490 |  |

NET CURRENT LIABILITIES | (763,129 | ) | (53,064 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (678,254 | ) | (52,454 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | 62,604 |  |

NET LIABILITIES | (678,254 | ) | (115,058 | ) |

CAPITAL AND RESERVES

Called up share capital | 101 |  | 100 |  |

Share premium | 29,999 |  | - |  |

Retained earnings | (708,354 | ) | (115,158 | ) |

(678,254 | ) | (115,058 | ) |

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 25 November 2025 and were signed on its behalf by:

Mr. N. C. Mothershaw - Director

SELECT ID LTD. (REGISTERED NUMBER: 14667856)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| Select ID Ltd. 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.

| Going concern

| The financial statements have been prepared on a going concern basis in accordance with applicable UK accounting standards.

| The directors have assessed the company’s financial position and future funding requirements. The company is currently reliant on securing additional fundraising to continue its operations and meet its liabilities as they fall due. The directors are actively pursuing further investment and are confident, based on ongoing discussions and interest received, that sufficient funding will be secured in the coming months.

| On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis. However, they acknowledge that there is a material uncertainty which may cast significant doubt on the company’s ability to continue as a going concern if the anticipated fundraising is not successful.

| The financial statements do not include any adjustments that would result from the going concern basis of preparation being inappropriate.

| Turnover

| Participation fee income is measured at the fair value of the consideration received or receivable, net of any discounts, rebates, or credits.

| Advance payments received shall be recorded as deferred income based on an apportionment of the fee with reference to the participation period.

| 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.

| Trademarks are being amortised evenly over their estimated useful life of five years.

| Development costs are being amortised evenly over their estimated useful life of ten years.

| 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.

SELECT ID LTD. (REGISTERED NUMBER: 14667856)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | ACCOUNTING POLICIES - continued

| 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 2 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

Other |

intangible |

assets |

| £

| COST

| At 1 July 2024 | 740 |  |

| Additions | 84,413 |  |

| At 30 June 2025 | 85,153 |  |

| AMORTISATION

| At 1 July 2024 | 130 |  |

| Charge for year | 148 |  |

| At 30 June 2025 | 278 |  |

| NET BOOK VALUE

| At 30 June 2025 | 84,875 |  |

| At 30 June 2024 | 610 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 150,000 |  | 276,000 |  |

| Prepayments and accrued income | 3,333 |  | - |  |

153,333 |  | 276,000 |  |

SELECT ID LTD. (REGISTERED NUMBER: 14667856)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade creditors | 49,417 |  | - |  |

| Amounts owed to group undertakings | 86,781 |  | - |  |

| Social security and other taxes | 5,130 |  | 3,620 |  |

| VAT | 19,581 |  | 117,005 |  |

| Convertible contribution receipts | 874,999 |  | 625,000 |  |

| Deferred income | 21,667 |  | 40,000 |  |

| Accrued expenses | 20,263 |  | 19,865 |  |

1,077,838 |  | 805,490 |  |

| Convertible contribution receipts relate to monies received from investors under a contribution agreement which allows the value to be either converted to shares or a credit against future Select ID Limited fees.

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Amounts owed to group undertakings | - |  | 62,604 |  |

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Anne Cowley BA FCA (Senior Statutory Auditor)

| for and on behalf of Baines Jewitt Limited

9. | ULTIMATE CONTROLLING PARTY

| The immediate parent company is TISA Commercial Enterprises Limited, a company incorporated in England and Wales.

| The Ultimate Parent company is The Investing and Saving Alliance ('TISA'), a company incorporated in England and Wales. The parent is a not for profit membership organisation, limited by guarantee and under the control of the board of Director's who represent the members.The financial statements of The Investing and Saving Alliance are available from Companies House, Crown Way, Cardiff, CF14 3UZ .