Cactus Innovations Ltd

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

Registered number: 14458999

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		49,706		27,594

			49,706		27,594
CURRENT ASSETS
Debtors	5	1,444		452
Cash at bank and in hand		8,524		8,535

		9,968		8,987
Creditors: Amounts Falling Due Within One Year	6	(82,824 )		(42,554 )

NET CURRENT ASSETS (LIABILITIES)			(72,856 )		(33,567 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(23,150 )		(5,973 )

NET LIABILITIES			(23,150 )		(5,973 )

CAPITAL AND RESERVES
Called up share capital	7		120		120
Profit and Loss Account			(23,270 )		(6,093 )

SHAREHOLDERS' FUNDS			(23,150)		(5,973)

For the year ending 30 November 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

Mr Samuel Comley

Director

18/05/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Cactus Innovations Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14458999 . The registered office is C/O Tn Accountancy Lonsdale Gate, Lonsdale Gardens, Tunbridge Wells, Kent, TN1 1NU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling , which is the functional currency of the company.

Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

2.2. Turnover

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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Research and Development

Intangible assets are recognised from the development phase of a project if and only if certain specific criteria 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 will be subsequently amortised when they are available for use.

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.

2.4. 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 operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

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Cactus Innovations Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 December 2024	27,594
Additions	34,539

As at 30 November 2025	62,133

Amortisation
As at 1 December 2024	-
Provided during the period	12,427

As at 30 November 2025	12,427

Net Book Value
As at 30 November 2025	49,706

As at 1 December 2024	27,594

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,444	452

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other loans	80,000	40,000
Other creditors	2,824	2,554

	82,824	42,554

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	120	120

8. Related Party Transactions

During the year, the company received an interest-free loan from Sound Act Limited, a connected company. The loan is unsecured and repayable on demand.

At 30 November 2025, the balance outstanding was £80,000 (2024: £40,000).

£40,000 was advanced during the year ended 30 November 2024, with a further £40,000 advanced during the year ended 30 November 2025.

9. Going concern

The directors have considered the company’s ability to continue as a going concern and are satisfied that adequate financial support will be available from the directors for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.

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