Registration number: 07616335

Sigwatch Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Sigwatch Limited

Company Information

Directors

R Blood S Gerloff-Blood C Moore

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Sigwatch Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	58,952	47,446
Tangible assets	5	5,367	5,999
		64,319	53,445
Current assets
Debtors	6	169,185	280,200
Cash at bank and in hand		242,140	297,256
		411,325	577,456
Creditors: Amounts falling due within one year	7	(437,373)	(554,096)
Net current (liabilities)/assets		(26,048)	23,360
Total assets less current liabilities		38,271	76,805
Creditors: Amounts falling due after more than one year	7	-	(4,417)
Provisions for liabilities		(731)	(7,701)
Net assets		37,540	64,687
Capital and reserves
Called up share capital		3	3
Profit and loss account		37,537	64,684
Shareholders' funds		37,540	64,687

Sigwatch Limited

Statement of Financial Position as at 31 December 2025

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Sigwatch Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 24 April 2026 and signed on its behalf by:
 

.........................................

R Blood

Director

.........................................

C Moore

Director

Company registration number: 07616335

Sigwatch Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the provision of risk analysis and consultancy services.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a loss for the year ended 31 December 2025 but had net assets of £37,540 at that date.

At 31 December 2025 other creditors includes an amount of £356,800 in respect of deferred subscription income which will not be repaid but which will be released to revenue in the subsequent year. The directors expect to return to profitability for the year ending 31 December 2026.

Based on the above, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of consultancy services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises turnover from subscriptions equally over the period to which the subscriptions relate when it is probable that future economic benefits will flow to the entity.

Turnover from consultancy and research services are recognised as the services are delivered.

Sigwatch Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

Intangible assets

Intangible assets are stated in the statement of financial position at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

The cost of intangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website development	20% straight line

Sigwatch Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year, was 11 (2024 - 9).

Sigwatch Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Website Development  £	Total £
Cost
At 1 January 2025	99,181	99,181
Additions acquired separately	31,205	31,205
At 31 December 2025	130,386	130,386
Amortisation
At 1 January 2025	51,735	51,735
Amortisation charge	19,699	19,699
At 31 December 2025	71,434	71,434
Carrying amount
At 31 December 2025	58,952	58,952
At 31 December 2024	47,446	47,446

5	Tangible assets

	Office Equipment  £	Total £
Cost or valuation
At 1 January 2025	7,638	7,638
Additions	1,830	1,830
Disposals	(292)	(292)
At 31 December 2025	9,176	9,176
Depreciation
At 1 January 2025	1,639	1,639
Charge for the year	2,222	2,222
Eliminated on disposal	(52)	(52)
At 31 December 2025	3,809	3,809
Carrying amount
At 31 December 2025	5,367	5,367
At 31 December 2024	5,999	5,999

Sigwatch Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Debtors

	2025 £	2024 £
Trade debtors	107,846	232,348
Other debtors	61,339	47,852
	169,185	280,200

Other debtors includes an amount of £10,584 (2024: £10,584) receivable in greater than one year.

7

Creditors

	Note	2025 £	2024 £
Creditors: amounts falling due within one year
Loans and borrowings	8	4,416	10,395
Trade creditors		31,791	26,877
Taxation and social security		15,065	49,029
Other creditors		386,101	467,795
		437,373	554,096