Acorah Software Products - Accounts Production 19.2.350 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 12028829 Iq Capital Directors Nominees Limited Dr Phillip Stanley-Marbell Mr Peter Ronald Hutton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12028829 2024-06-30 12028829 2025-06-30 12028829 2024-07-01 2025-06-30 12028829 frs-core:CurrentFinancialInstruments 2025-06-30 12028829 frs-core:ComputerEquipment 2025-06-30 12028829 frs-core:ComputerEquipment 2024-07-01 2025-06-30 12028829 frs-core:ComputerEquipment 2024-06-30 12028829 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-01 2025-06-30 12028829 frs-core:OtherResidualIntangibleAssets 2025-06-30 12028829 frs-core:OtherResidualIntangibleAssets 2024-07-01 2025-06-30 12028829 frs-core:OtherResidualIntangibleAssets 2024-06-30 12028829 frs-core:OtherReservesSubtotal 2025-06-30 12028829 frs-core:SharePremium 2025-06-30 12028829 frs-core:ShareCapital 2025-06-30 12028829 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 12028829 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 12028829 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 12028829 frs-bus:SmallEntities 2024-07-01 2025-06-30 12028829 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 12028829 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 12028829 frs-bus:OrdinaryShareClass1 2024-07-01 2025-06-30 12028829 frs-bus:OrdinaryShareClass1 2025-06-30 12028829 frs-bus:OrdinaryShareClass2 2024-07-01 2025-06-30 12028829 frs-bus:OrdinaryShareClass2 2025-06-30 12028829 frs-bus:OrdinaryShareClass3 2024-07-01 2025-06-30 12028829 frs-bus:OrdinaryShareClass3 2025-06-30 12028829 frs-bus:Director1 2024-07-01 2025-06-30 12028829 frs-bus:Director2 2024-07-01 2025-06-30 12028829 frs-bus:Director3 2024-07-01 2025-06-30 12028829 frs-countries:EnglandWales 2024-07-01 2025-06-30 12028829 2023-06-30 12028829 2024-06-30 12028829 2023-07-01 2024-06-30 12028829 frs-core:CurrentFinancialInstruments 2024-06-30 12028829 frs-core:OtherReservesSubtotal 2024-06-30 12028829 frs-core:SharePremium 2024-06-30 12028829 frs-core:ShareCapital 2024-06-30 12028829 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12028829 frs-bus:OrdinaryShareClass1 2023-07-01 2024-06-30 12028829 frs-bus:OrdinaryShareClass2 2023-07-01 2024-06-30 12028829 frs-bus:OrdinaryShareClass3 2023-07-01 2024-06-30
Registered number: 12028829
Signaloid Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Wilson Partners Ltd
Ketton Suite The King Centre, Main Road
Barleythorpe
Oakham
LE15 7WD
Signaloid Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Signaloid Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 12028829

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 75,347 |  | 36,868
Tangible Assets | 5 |  | 35,073 |  | 29,934
|  |  | 110,420 |  | 66,802
CURRENT ASSETS
Debtors | 6 | 1,221,459 |  | 288,422 |
Cash at bank and in hand |  | 636,789 |  | 1,340,974 |
|  | 1,858,248 |  | 1,629,396 |
Creditors: Amounts Falling Due Within One Year | 7 | (165,946 ) |  | (55,838 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,692,302 |  | 1,573,558
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,802,722 |  | 1,640,360
NET ASSETS |  |  | 1,802,722 |  | 1,640,360
CAPITAL AND RESERVES
Called up share capital | 8 |  | 160 |  | 160
Share premium account |  |  | 3,334,873 |  | 3,334,873
Other reserves |  |  | 179,514 |  | 135,872
Profit and Loss Account |  |  | (1,711,825 ) |  | (1,830,545 )
SHAREHOLDERS' FUNDS |  |  | 1,802,722 |  | 1,640,360

Page 1
Page 2
Signaloid Limited
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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

Dr Phillip Stanley-Marbell Director
5 May 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Signaloid Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Signaloid Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12028829 . The registered office is C/O Mishcon De Reya, Four Station Square, Cambridge, Cambridgeshire, CB1 2GE.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Trademarks and Patents. They are amortised to profit and loss account over their estimated economic life of 7 years.
2.5. 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 | 33.33% Straight line

2.6. 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.
2.7. 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
...CONTINUED
Page 3
Page 4
Signaloid Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.7. Financial Instruments - continued
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.
2.8. 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.
2.9. 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.
2.10. 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.
2.11. 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.
2.12. 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 cirteria 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.
2.13. 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: 6 (2024: 6)
6 6
Page 4
Page 5
Signaloid Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 July 2024 | 44,297
Additions | 64,010
As at 30 June 2025 | 108,307
Amortisation
As at 1 July 2024 | 7,429
Provided during the period | 25,531
As at 30 June 2025 | 32,960
Net Book Value
As at 30 June 2025 | 75,347
As at 1 July 2024 | 36,868

5. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 July 2024 | 53,823
Additions | 25,338
As at 30 June 2025 | 79,161
Depreciation
As at 1 July 2024 | 23,889
Provided during the period | 20,199
As at 30 June 2025 | 44,088
Net Book Value
As at 30 June 2025 | 35,073
As at 1 July 2024 | 29,934

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 809,335 |  | 68,548
Other debtors | 144,451 |  | 89,621
Corporation tax recoverable | 267,673 |  | 124,881
VAT | - |  | 5,372
| 1,221,459 |  | 288,422

Page 5
Page 6
Signaloid Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 29,430 |  | 18,395
Other taxes and social security | 25,563 |  | 7,900
VAT | 61,781 |  | -
Other creditors | 3,908 |  | 1,458
Accruals and deferred income | 28,261 |  | 11,178
Directors' loan accounts | 17,003 |  | 16,907
| 165,946 |  | 55,838

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1,220,709 Ordinary Shares of £ 0.0001 each | 122 |  | 122
251,719 Ordinary A shares of £ 0.0001 each | 25 |  | 25
134,752 Ordinary B shares of £ 0.0001 each | 13 |  | 13
| 160 |  | 160

Page 6