LANDSLIDE ENERGY LTD


Director	VEGA, Diego


Registered Address	Tea Building
	56 Shoreditch High Street
	London
	E1 6JJ


Registered Number	14531318 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		36,875		-
Tangible assets	4		3,222		1,305
			40,097		1,305
Current assets
Debtors	5	3,485		756
Cash at bank and on hand		302,474		765,717
		305,959		766,473
Creditors amounts falling due within one year	6	(22,977)		(10,607)
Net current assets (liabilities)			282,982		755,866
Total assets less current liabilities			323,079		757,171
Net assets			323,079		757,171
Capital and reserves
Called up share capital			142		142
Share premium			902,779		899,353
Other reserves			25,683		-
Profit and loss account			(605,525)		(142,324)
Shareholders' funds			323,079		757,171

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 21 April 2026, and are signed on its behalf by:

VEGA, Diego
Director
Registered Company No. 14531318

LANDSLIDE ENERGY LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	Share-based payments
	The share-based payment has been accounted for as an equity-settled transaction in accordance with FRS 102 Section 26. The fair value of the options at the grant date is recognised as an expense over the vesting period, with a corresponding credit to equity.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is charged in the profit and loss account. Software development costs are capitalised where the recognition criteria under FRS 102 are met and are amortised over their estimated useful economic life of three years.

Intangible assets

Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is charged in the profit and loss account. 

Software development costs are capitalised where the recognition criteria under FRS 102 are met and are amortised over their estimated useful economic life of three years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, balances held in deposit accounts and other short-term highly liquid investments with original maturities of three months or less.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
Additions	41,500	41,500
At 31 December 25	41,500	41,500
Amortisation and impairment
Charge for year	4,625	4,625
At 31 December 25	4,625	4,625
Net book value
At 31 December 25	36,875	36,875
At 31 December 24	-	-

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 25	1,333	1,333
Additions	2,946	2,946
At 31 December 25	4,279	4,279
Depreciation and impairment
At 01 January 25	28	28
Charge for year	1,029	1,029
At 31 December 25	1,057	1,057
Net book value
At 31 December 25	3,222	3,222
At 31 December 24	1,305	1,305

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	281	756
Other debtors	1,159	-
Prepayments and accrued income	2,045	-
Total	3,485	756

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	9,486	10,099
Taxation and social security	13,491	-
Other creditors	-	358
Accrued liabilities and deferred income	-	150
Total	22,977	10,607

7.	Operating lease commitments
	At 31 December 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £1,440 (2024: £nil).

8.	Further information regarding the company's financial position
	During the year, the company established an equity-settled share option scheme to incentivise key employees. Under the plan, 5,261 options with an exercise price of £2.29 were granted over 4 years. The fair value of the options has been valued at £49.1548 based on the 2024 funding round. No options were forfeited, exercised or cancelled during the year ended 31 December 2025. The value of the options that vested in the year was £25,683 (2024: £nil) and this was charged to the profit and loss. The total carrying amount is £25,683 (2024: £nil) that has been recognised in Other Reserves. The total number of share options outstanding at the year end is 5,261 (2024: nil).

Further information regarding the company's financial position

During the year, the company established an equity-settled share option scheme to incentivise key employees. Under the plan, 5,261 options with an exercise price of £2.29 were granted over 4 years. The fair value of the options has been valued at £49.1548 based on the 2024 funding round.

No options were forfeited, exercised or cancelled during the year ended 31 December 2025.

The value of the options that vested in the year was £25,683 (2024: £nil) and this was charged to the profit and loss. The total carrying amount is £25,683 (2024: £nil) that has been recognised in Other Reserves.

The total number of share options outstanding at the year end is 5,261 (2024: nil).