CameraForensics Ltd

(Registration number: 07734891)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	66,583	82,965
Current assets
Stocks		53,234	206,893
Debtors	5	311,230	137,335
Cash at bank and in hand		1,203,941	1,641,957
		1,568,405	1,986,185
Creditors: Amounts falling due within one year	6	(172,901)	(470,892)
Net current assets		1,395,504	1,515,293
Total assets less current liabilities		1,462,087	1,598,258
Creditors: Amounts falling due after more than one year	6	(3,073)	(28,682)
Net assets		1,459,014	1,569,576
Capital and reserves
Called up share capital	7	100	100
Profit and loss account		1,458,914	1,569,476
Total equity		1,459,014	1,569,576

CameraForensics Ltd

(Registration number: 07734891)
Balance Sheet as at 31 August 2025 (continued)

For the financial year ending 31 August 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 4 May 2026 and signed on its behalf by:
 

 

D Ranner

Director

CameraForensics Ltd

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

1	Statutory information

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

The address of its registered office is:
Runway East
1 Victoria Street
Bristol
BS1 6AA

2	Accounting policies

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.

Statement of compliance

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

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The company’s financial statements have been prepared on a going concern basis. The directors have considered a period of twelve months from the date of approval of the financial statements and believe that the company is able to meet liabilities as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of 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 revenue when:
The amount of revenue can be reliably measured;
and it is probable that future economic benefits will flow to the entity.

CameraForensics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Grants

Grants are recognised based on the performance against the conditions in the grant taking due consideration of the time expected to complete the work. Judgement is exercised in assessing the stage of completion and the expected level of work required to complete the project.

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 sterling at the rates prevailing on the reporting period date. Exchange gains and losses are taken to profit or loss, and classified within administrative expenses.

Tax

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

The current corporation tax charge or credit is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation.

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

Depreciation is charged so as to write off the cost of assets evenly over their estimated useful lives, as follows:

Computer equipment	25% on cost
Office equipment	25% on cost
Motor vehicles	25% on cost

Research and development costs

Expenditure on research and development is written off to the profit and loss account in the year in which it is incurred.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

CameraForensics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Work in progress represents the cost of work done where the right to consideration has not yet been earned and is not yet billable. Work in progress is stated at the lower of cost and net realisable value.

Trade creditors

Trade creditors are recognised at the transaction price.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

CameraForensics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Share based payments

The company has issued options over its unissued shares to employees. FRS 102 requires that the cost of equity-settled transactions is measured by reference to the fair value of the equity instruments granted at the date at which they are granted and is recognised as an expense over the vesting period, which ends on the date on which the relevant option holders become fully entitled to the award. Fair value is determined using an appropriate pricing model.

At each balance sheet date before vesting, the cumulative expense is calculated, representing the extent to which the vesting period has expired and taking into account management's best estimate of the achievement or otherwise of non-market conditions and of the number of equity instruments that will ultimately vest. The movement in cumulative expense since the previous balance sheet date is recognised in the profit and loss account, with a corresponding entry in equity.

No expense has been recognised in the year under review, on the grounds that the expense is immaterial.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2024 - 10).

CameraForensics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

4	Tangible fixed assets

	Computer equipment  £	Office equipment  £	Motor Vehicles  £	Total £
Cost
At 1 September 2024	57,155	1,822	47,380	106,357
Additions	11,507	-	-	11,507
At 31 August 2025	68,662	1,822	47,380	117,864
Depreciation
At 1 September 2024	20,066	1,352	1,974	23,392
Charge for the year	15,865	179	11,845	27,889
At 31 August 2025	35,931	1,531	13,819	51,281
Carrying amount
At 31 August 2025	32,731	291	33,561	66,583
At 31 August 2024	37,089	470	45,406	82,965

5	Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	73,484	37,995
Other debtors	11,570	11,570
VAT	10,917	-
Prepayments and accrued income	125,030	87,770
Director's loan account	30	-
Corporation tax	90,199	-
	311,230	137,335

CameraForensics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

6

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	38,903	14,552
Corporation tax	-	4,453
Taxation and social security	23,549	28,212
Other creditors	10,835	11,265
Accruals and deferred income	99,614	412,410
	172,901	470,892
Due after one year
Deferred income	3,073	28,682

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	50	50	50	50
Ordinary B shares of £1 each	50	50	50	50
	100	100	100	100

CameraForensics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

8	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Total lease commitments	23,472	70,416

9	Share-based payments

EMI Scheme

Scheme details and movements

The company has granted options over its unissued Ordinary C shares to employees. The options will vest in the event that the company is sold to a third party, the assets of the company are sold, or the company obtains a listing. Vesting is also conditional upon other criteria such as the option holder's continuing employment by the company and the achievement of certain performance conditions.

The term of each option is 10 years from the date of grant.

The movements in the number of share options during the year were as follows:

	2025 Number	2024 Number
Outstanding, start of period	19	19
Outstanding, end of period	19	19

The movements in the weighted average exercise price of share options during the year were as follows:

	2025 £	2024 £
Outstanding, start of period	1.00	1.00
Outstanding, end of period	1.00	1.00

The Black Scholes model has been used to calculate the share based payments expense. The model requires assumptions relating to, amongst other factors, the timing of an exit event, the number of options which are expected to vest, and the volatility in the company's share price.

No expense has been recognised in the year under review, on the grounds that the expense is immaterial.