U-PLOID BIOTECHNOLOGIES LTD


Directors	Dr. Jordan Abdi
	Dr. Jeremy James Anthony Buzzard
	Dr. Chloe Amelia Charalambous
	Dr. Alexandre Webster


Registered Address	Building 696, Innovation Building, Bioescalator Old Road Campus, Roosevelt Drive
	Headington
	Oxford
	OX3 7FZ


Registered Number	15432020 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		116,230		103,511
			116,230		103,511
Current assets
Debtors	4	32,769		68,659
Cash at bank and on hand		585,274		702,113
		618,043		770,772
Creditors amounts falling due within one year	5	(18,009)		(26,997)
Net current assets (liabilities)			600,034		743,775
Total assets less current liabilities			716,264		847,286
Net assets			716,264		847,286
Capital and reserves
Called up share capital			3		3
Share premium			116,629		-
Other reserves			1,806,893		1,184,887
Profit and loss account			(1,207,261)		(337,604)
Shareholders' funds			716,264		847,286

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 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 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 Board of Directors on 28 April 2026, and are signed on its behalf by:

Dr. Jordan Abdi
Director
Registered Company No. 15432020

U-PLOID BIOTECHNOLOGIES LTD

Notes to the Financial Statements
for the year ended 31 January 2026

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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	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.

	Research and development
	All research costs are expensed. Costs related to the development of products are capitalised when they meet the criteria stated in FRS 102, Section 18 Intangible assets other than Goodwill. All other development expenditure is recognised as an expense in the period in which it is incurred.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Fixtures and fittings	4
	Office Equipment	3

2.	Average number of employees


		2026		2025
	Average number of employees during the year	6		3

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 February 25	94,994	13,606	801	109,401
Additions	39,318	3,996	-	43,314
At 31 January 26	134,312	17,602	801	152,715
Depreciation and impairment
At 01 February 25	4,608	1,198	84	5,890
Charge for year	26,313	4,074	208	30,595
At 31 January 26	30,921	5,272	292	36,485
Net book value
At 31 January 26	103,391	12,330	509	116,230
At 31 January 25	90,386	12,408	717	103,511

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Amounts owed by group undertakings	4,400	-
Other debtors	27,576	67,852
Prepayments and accrued income	793	807
Total	32,769	68,659

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	845	1,950
Taxation and social security	15,219	23,206
Other creditors	1,945	1,841
Total	18,009	26,997

6.	Contingent liabilities
	There were no financial guarantees or commitments, either ongoing or entered into during the period.

7.	Directors advances, credits and guarantees
	There were no advances, credits and guarantees granted to the directors during the period.

8.	Off-balance sheet arrangements
	The company had no off-balance sheet arrangements at year-end or at any stage during the period.

9.	Further information regarding the company's financial position
	In preparing the annual accounts the directors confirm that they believe the company can continue as a going concern for at least the next 12 months from the date of these accounts. The Directors have confirmed their intention to support the continued operation of the business.