Acorah Software Products - Accounts Production 16.6.950 false true true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 13345277 Mr Mayur Upadhyaya Mr David O'Neill Mr Jamie Beckland APIContext Inc true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13345277 2024-09-30 13345277 2025-09-30 13345277 2024-10-01 2025-09-30 13345277 frs-core:CurrentFinancialInstruments 2025-09-30 13345277 frs-core:ComputerEquipment 2025-09-30 13345277 frs-core:ComputerEquipment 2024-10-01 2025-09-30 13345277 frs-core:ComputerEquipment 2024-09-30 13345277 frs-core:SharePremium 2025-09-30 13345277 frs-core:ShareCapital 2025-09-30 13345277 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 13345277 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 13345277 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 13345277 frs-bus:SmallEntities 2024-10-01 2025-09-30 13345277 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 13345277 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 13345277 1 2024-10-01 2025-09-30 13345277 frs-bus:Director1 2024-10-01 2025-09-30 13345277 frs-bus:Director2 2024-10-01 2025-09-30 13345277 frs-bus:CompanySecretary1 2024-10-01 2025-09-30 13345277 frs-countries:EnglandWales 2024-10-01 2025-09-30 13345277 2023-09-30 13345277 2024-09-30 13345277 2023-10-01 2024-09-30 13345277 frs-core:CurrentFinancialInstruments 2024-09-30 13345277 frs-core:SharePremium 2024-09-30 13345277 frs-core:ShareCapital 2024-09-30 13345277 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 13345277
Contxt Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
OnTheGo Accountants
330 Holborn Gate
High Holborn
London
WC1V 7QH
Contxt Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Contxt Ltd
Balance Sheet
As At 30 September 2025
Balance Sheet
Registered number: 13345277

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | - |  | 148
|  |  | - |  | 148
CURRENT ASSETS
Debtors | 5 | 51,889 |  | 5 |
Cash at bank and in hand |  | 2,095 |  | 2,611 |
|  | 53,984 |  | 2,616 |
Creditors: Amounts Falling Due Within One Year | 6 | (233,647 ) |  | (609,803 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (179,663 ) |  | (607,187 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (179,663 ) |  | (607,039 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | - |  | (37 )
NET LIABILITIES |  |  | (179,663 ) |  | (607,076 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 130 |  | 130
Share premium account |  |  | 640,964 |  | 640,964
Profit and Loss Account |  |  | (820,757 ) |  | (1,248,170 )
SHAREHOLDERS' FUNDS |  |  | (179,663) |  | (607,076)

Page 1
Page 2
Contxt Ltd
Balance Sheet (continued)
As At 30 September 2025
For the year ending 30 September 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 Mayur Upadhyaya Director
10/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Contxt Ltd
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
Contxt Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13345277 . The registered office is 128 City Road, London, EC1V 2NX.
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 directors anticipate that, as in prior years, the Company (or its parent entity) is able to continue to raise financing through equity and debt, so on this basis the directors have prepared the financial statements on the going concern basis.
Further details are provided in the notes to the financial statements.
2.3. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
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:

Computer Equipment | 3 years straight line

2.5. Foreign Currencies
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
2.6. Taxation
Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been
enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods
different from those in which they are included in the Company's financial statements. Deferred tax is provided in full
on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates
that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax
assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up
against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to
be recovered based on current or future taxable profit.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account asthey become payable in accordance with the rules of the scheme.
Page 3
Page 4
Contxt Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.9. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
2.10. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.
2.11. Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 10)
6 10
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 October 2024 | 1,153
As at 30 September 2025 | 1,153
Depreciation
As at 1 October 2024 | 1,005
Provided during the period | 148
As at 30 September 2025 | 1,153
Net Book Value
As at 30 September 2025 | -
As at 1 October 2024 | 148

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | 48,566 |  | -
Other debtors | 3,323 |  | 5
| 51,889 |  | 5

Page 4
Page 5
Contxt Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 33,953 |  | 6,627
Amounts owed to group undertakings | - |  | 195,006
Amounts owed to participating interests | - |  | 261,624
Other creditors | 109,160 |  | 89,012
Taxation and social security | 90,534 |  | 57,534
| 233,647 |  | 609,803

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 130 |  | 130

8. Related Party Transactions
Transactions with entities in which the entity itself has a participating interest
At the year end Contxt Ltd has an outstanding intercompany receivable of:-

| 2025 |  | 2024
| £ |  | £
APImetrics Inc | - |  | (195,006)
APIContxt Inc | 48,566 |  | (261,624)
| 48,566 |  | (456,630)

APIContext IncContxt Ltd is a fully owned subsidiary of APIContext Inc.During the year, Contxt Ltd charged APIContext Inc recharges amounting to £806,086.

APIContext Inc

Contxt Ltd is a fully owned subsidiary of APIContext Inc.

During the year, Contxt Ltd charged APIContext Inc recharges amounting to £806,086.

9. Ultimate Controlling Party
The company's immediate and ultimate parent undertaking is APIContext Inc. APIContext Inc was incorporated in the United States of America. Copies of the group accounts may be obtained from the secretary, 8 The Green Ste R, Dover, Kent County, Delaware 19901. The ultimate controlling party is APIContext Inc who controls 100% of the shares of Contxt Ltd.
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