Acorah Software Products - Accounts Production 16.8.310 false true true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 14513490 Mr Arava Anmol Manohar Dr Guido Monterzino iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14513490 2024-11-30 14513490 2025-11-30 14513490 2024-12-01 2025-11-30 14513490 frs-core:CurrentFinancialInstruments 2025-11-30 14513490 frs-core:BetweenOneFiveYears 2025-11-30 14513490 frs-core:ComputerEquipment 2025-11-30 14513490 frs-core:ComputerEquipment 2024-12-01 2025-11-30 14513490 frs-core:ComputerEquipment 2024-11-30 14513490 frs-core:FurnitureFittings 2024-12-01 2025-11-30 14513490 frs-core:MotorVehicles 2025-11-30 14513490 frs-core:MotorVehicles 2024-12-01 2025-11-30 14513490 frs-core:MotorVehicles 2024-11-30 14513490 frs-core:PlantMachinery 2025-11-30 14513490 frs-core:PlantMachinery 2024-12-01 2025-11-30 14513490 frs-core:PlantMachinery 2024-11-30 14513490 frs-core:WithinOneYear 2025-11-30 14513490 frs-core:SharePremium 2025-11-30 14513490 frs-core:ShareCapital 2025-11-30 14513490 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 14513490 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 14513490 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 14513490 frs-bus:SmallEntities 2024-12-01 2025-11-30 14513490 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 14513490 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 14513490 frs-bus:OrdinaryShareClass1 2024-12-01 2025-11-30 14513490 frs-bus:OrdinaryShareClass1 2025-11-30 14513490 frs-bus:OrdinaryShareClass2 2024-12-01 2025-11-30 14513490 frs-bus:OrdinaryShareClass2 2025-11-30 14513490 frs-bus:OrdinaryShareClass3 2024-12-01 2025-11-30 14513490 frs-bus:OrdinaryShareClass3 2025-11-30 14513490 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-11-30 14513490 frs-core:CostValuation 2024-11-30 14513490 frs-core:AdditionsToInvestments 2025-11-30 14513490 frs-core:CostValuation 2025-11-30 14513490 frs-core:ProvisionsForImpairmentInvestments 2024-11-30 14513490 frs-core:ProvisionsForImpairmentInvestments 2025-11-30 14513490 frs-bus:Director1 2024-12-01 2025-11-30 14513490 frs-bus:Director2 2024-12-01 2025-11-30 14513490 frs-countries:EnglandWales 2024-12-01 2025-11-30 14513490 2023-11-30 14513490 2024-11-30 14513490 2023-12-01 2024-11-30 14513490 frs-core:CurrentFinancialInstruments 2024-11-30 14513490 frs-core:BetweenOneFiveYears 2024-11-30 14513490 frs-core:WithinOneYear 2024-11-30 14513490 frs-core:SharePremium 2024-11-30 14513490 frs-core:ShareCapital 2024-11-30 14513490 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 14513490 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 14513490 frs-bus:OrdinaryShareClass2 2023-12-01 2024-11-30 14513490 frs-bus:OrdinaryShareClass3 2023-12-01 2024-11-30 14513490 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30
Registered number: 14513490
Greenjets Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Wilson Partners Ltd
Ketton Suite
The King Centre
Oakham
Rutland
LE15 7WD
Greenjets Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Greenjets Limited
Balance Sheet
As At 30 November 2025
Balance Sheet
Registered number: 14513490

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 409,090 |  | 51,577
Investments | 5 |  | 21,793 |  | -
|  |  | 430,883 |  | 51,577
CURRENT ASSETS
Stocks | 6 | 360,820 |  | - |
Debtors | 7 | 1,800,783 |  | 748,811 |
Cash at bank and in hand |  | 3,010,609 |  | 2,305,762 |
|  | 5,172,212 |  | 3,054,573 |
Creditors: Amounts Falling Due Within One Year | 8 | (1,675,876 ) |  | (653,144 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 3,496,336 |  | 2,401,429
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,927,219 |  | 2,453,006
NET ASSETS |  |  | 3,927,219 |  | 2,453,006
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,288 |  | 1,111
Share premium account |  |  | 9,998,351 |  | 5,250,778
Fair value reserve |  |  | 202,427 |  | -
Profit and Loss Account |  |  | (6,274,847 ) |  | (2,798,883 )
SHAREHOLDERS' FUNDS |  |  | 3,927,219 |  | 2,453,006

Page 1
Page 2
Greenjets Limited
Balance Sheet (continued)
As At 30 November 2025
For the year ending 30 November 2025 the company was entitled to exemption from audit 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.
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 Arava Anmol Manohar Director
5 March 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Greenjets Limited
Notes to the Financial Statements
For The Year Ended 30 November 2025
Notes to the Financial Statements
1. General Information
Greenjets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14513490 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Therefore the financial statements have been prepared on a going concern basis which assumes the Company will continue in operational existence for the foreseeable future.
The Company is involved in research and development activities and is working towards achieving a sustainable revenue generating activity. The directors have considered the basis of the financial statements and are satisfied that a combination of business growth and further investment commitments will enable the Company to meet its liabilities as they fall due.
2.3. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. 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:

Plant & Machinery | 20% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 20% reducing balance
Computer Equipment | 3 years straight line

2.5. Investments
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Page 3
Page 4
Greenjets Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
2.8. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price including transaction costs.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities.
2.9. Foreign Currencies
Monetary assets and liabilities in foreign currencies are 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 profit / loss before taxation.
2.10. Taxation
Tax is recognised in profit or loss except that a charge is attributable to an item of income and expense recognised as other comphrehensive income or to an item recognised directly in equity is also recognised in other comphrehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
2.11. Employee Benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock of fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2.12. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.13. Research and Development
In the research phase of an internal project, it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
Page 4
Page 5
Greenjets Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
2.14. Share Based Payments
The company operates an equity-settled, share-based compensation plan, under which the entity received services from employees as consideration for equity instruments (options) of the entity. The fair value of the employee services received is measured by reference to the estimated fair value at the grant date of equity instruments granted and is recognised as an expense over the vesting period. The estimated fair value of the option granted is calculated using the Black Scholes option pricing model. The total amount expensed is recognised over the vesting period, which is the period over which all of the specified vesting conditions are to be satisfied.
The proceeds received net of any directly attributable transaction costs are credited to share capital (nominal value) and share premium when the options are exercised.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2024: 22)
34 22
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 December 2024 | 31,653 | 7,000 | 40,310 | 78,963
Additions | 159,408 | 14,526 | 232,766 | 406,700
As at 30 November 2025 | 191,061 | 21,526 | 273,076 | 485,663
Depreciation
As at 1 December 2024 | 6,618 | 1,750 | 19,018 | 27,386
Provided during the period | 18,358 | 1,615 | 29,214 | 49,187
As at 30 November 2025 | 24,976 | 3,365 | 48,232 | 76,573
Net Book Value
As at 30 November 2025 | 166,085 | 18,161 | 224,844 | 409,090
As at 1 December 2024 | 25,035 | 5,250 | 21,292 | 51,577

5. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 December 2024 | -
Additions | 21,793
As at 30 November 2025 | 21,793
Provision
As at 1 December 2024 | -
As at 30 November 2025 | -
Net Book Value
As at 30 November 2025 | 21,793
As at 1 December 2024 | -

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 360,820 |  | -

Page 5
Page 6
Greenjets Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 406,122 |  | 30,064
Prepayments and accrued income | 557,674 |  | 265,599
Other debtors | 30,259 |  | 21,458
Corporation tax recoverable assets | 725,927 |  | 367,270
VAT | 80,801 |  | 64,420
| 1,800,783 |  | 748,811

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 875,011 |  | 344,919
Other taxes and social security | 79,656 |  | 113,630
Net wages | 850 |  | 3,648
Other creditors | 10,782 |  | 13,602
Accruals and deferred income | 709,577 |  | 177,345
| 1,675,876 |  | 653,144

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
752,500 Ordinary Shares of £ 0.001 each | 753 |  | 753
444,440 Ordinary A shares of £ 0.001 each | 444 |  | 358
91,468 Ordinary A2 shares of £ 0.001 each | 91 |  | -
| 1,288 |  | 1,111

Shares issued during the period: | £
86,280 Ordinary A shares of £ 0.001 each | 86
91,468 Ordinary A2 shares of £ 0.001 each | 91
| 177

On 17th December 2024, 45,786 A Ordinary shares of £0.001 each were allotted and fully paid at a price of £19.0239 per share.
On 9th January 2025, 14,087 A Ordinary shares of £0.001 each were allotted and fully paid at a price of £19.0239 per share.
On 24th April 2025, 6,653 A Ordinary shares of £0.001 each were allotted and fully paid at a price of £19.0239 per share.
On 2nd May 2025, 19,754 A Ordinary shares of £0.001 each were allotted and fully paid at a price of £19.0239 per share.
On 24th September 2025, 84,024 A2 Ordinary shares of £0.001 each were allotted and fully paid at a price of £35.2568 per share.
On 25th September 2025, 3,190 A2 Ordinary shares of £0.001 each were allotted and fully paid at a price of £35.2568 per share.
On 14th October 2025, 4,254 A2 Ordinary shares of £0.001 each were allotted and fully paid at a price of £35.2568 per share.
Page 6
Page 7
Greenjets Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2025
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 102,169 |  | 50,169
Later than one year and not later than five years | 109,274 |  | 74,174
| 211,443 |  | 124,343

Page 7