REGISTERED NUMBER: 13068940 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Nekologic Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

W D Conroy

Registered office:

37-45 Windsor Street

Liverpool

L8 1XE

Registered number:

13068940 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

1,052

3,543

Investments

5

19,419

-

20,471

3,543

Current assets

Debtors

6

69,882

59,095

Investments

7

30,490

25,947

Cash at bank

13,629

9,814

114,001

94,856

Creditors

Amounts falling due within one year

8

37,078

82,534

Net current assets

76,923

12,322

Total assets less current liabilities

97,394

15,865

Provisions for liabilities

200

673

Net assets

97,194

15,192

Capital and reserves

Called up share capital

1

1

Retained earnings

97,193

15,191

97,194

15,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2026 and were signed by:

W D Conroy - Director

1.	Statutory information

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

2.	Accounting policies

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Current asset investments

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 2 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 January 2025

and 31 December 2025

10,416

Depreciation

At 1 January 2025

6,873

Charge for year

2,491

At 31 December 2025

9,364

Net book value

At 31 December 2025

1,052

At 31 December 2024

3,543

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

Additions

19,419

At 31 December 2025

19,419

Net book value

At 31 December 2025

19,419

The company's investments at 31 December 2025 in subsidiary undertakings comprise holdings of 80% of the share capital or capital stock, as appropriate, of the following companies.

Name

Address of the registered office

Country of incorporation

Nature of business

Nekologic LLC

Shinnyodo Habitation 401, 162-6 Jodoji Shinnyocho, Kyoto City

Japan

Software development

The company’s investment in Nekologic LLC. is direct ownership.

6.

Debtors: amounts falling due within one year

31/12/25

31/12/24

£

£

Other debtors

69,882

59,095

7.	Current asset investments

31/12/25

31/12/24

£

£

Listed investments

30,490

25,947

8.

Creditors: amounts falling due within one year

31/12/25

31/12/24

£

£

Taxation and social security

33,745

2,890

Other creditors

3,333

79,644

37,078

82,534

9.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31/12/25

31/12/24

£

£

W D Conroy

Balance outstanding at start of year

2,095

-

Amounts advanced

7,323

6,650

Amounts repaid

(2,456

)

(4,555

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,962

2,095

Advances to the director are interest-free and repayable on demand. The maximum balance outstanding in the year was £7,274.