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Registered number: 10324569
Mojiworks Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Mojiworks Limited
Contents
Contents

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

Page 1
Mojiworks Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 10324569

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 12,969 |  | 18,234
Investments | 5 |  | 1 |  | 1
|  |  | 12,970 |  | 18,235
CURRENT ASSETS
Debtors | 6 | 122,599 |  | 113,044 |
Cash at bank and in hand |  | 25,409 |  | 102,127 |
|  | 148,008 |  | 215,171 |
Creditors: Amounts Falling Due Within One Year | 7 | (61,055 ) |  | (62,661 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 86,953 |  | 152,510
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 99,923 |  | 170,745
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (124,000 ) |  | -
PROVISIONS FOR LIABILITIES
Deferred Taxation | 9 |  | (3,242 ) |  | (3,464 )
NET (LIABILITIES)/ASSETS |  |  | (27,319 ) |  | 167,281
CAPITAL AND RESERVES
Called up share capital | 10 |  | 20 |  | 20
Share premium account |  |  | 3,299,993 |  | 3,299,993
Profit and Loss Account |  |  | (3,327,332 ) |  | (3,132,732 )
SHAREHOLDERS' FUNDS |  |  | (27,319) |  | 167,281

Page 1
Page 2
Mojiworks Limited
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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 M Wiggins Director
18/05/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Mojiworks Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Mojiworks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10324569 . The registered office is 13 Quarry Street, Guildford, GU1 3UY.
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 present the individual financial statements of the parent company only. No consolidated financial statements have been prepared as the company qualifies for the small group exemption under the Companies Act 2006.
2.2. Going Concern Disclosure
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
2.3. 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.
2.4. 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:

Fixtures & Fittings | 4 Years Straight Line
Computer Equipment | 4 Years Straight Line

2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.
Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
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Mojiworks Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.6. Taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.
Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
2.7. Employee Benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
2.8. Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 8)
10 8
4. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 29,395 | 83,663 | 113,058
Additions | 739 | 3,723 | 4,462
As at 31 December 2025 | 30,134 | 87,386 | 117,520
Depreciation
As at 1 January 2025 | 27,542 | 67,282 | 94,824
Provided during the period | 1,082 | 8,645 | 9,727
As at 31 December 2025 | 28,624 | 75,927 | 104,551
Net Book Value
As at 31 December 2025 | 1,510 | 11,459 | 12,969
As at 1 January 2025 | 1,853 | 16,381 | 18,234

Page 4
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Mojiworks Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 1
As at 31 December 2025 | 1
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 1
As at 1 January 2025 | 1

This represents the investment in the subsidiary company, Mojiworks One Ltd.
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 90,437 |  | 79,902
Amounts owed by group undertakings | 14,687 |  | 479
Other debtors | 17,475 |  | 32,663
| 122,599 |  | 113,044

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 14,706 |  | 29,502
Other creditors | 33,548 |  | 12,200
Taxation and social security | 12,801 |  | 20,959
| 61,055 |  | 62,661

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 124,000 |  | -

During the year, the company issued a convertible loan note with a principal value of £120,000. The loan note bears interest at a rate of 10% per annum. Interest accrues and is payable on redemption or conversion.
The loan note is repayable within 20 months of the balance sheet date, unless converted earlier upon the occurrence of a qualifying conversion event. On conversion, the loan note will convert into the most senior class of shares of the company, in accordance with the terms of the agreement. The loan note is unsecured and has been recognised as a financial liability.
At the balance sheet date, the carrying amount of the loan note was £124,000, including accrued interest of £4,000.
Interest expense of £4,000 has been recognised in the profit and loss account in the period.
Page 5
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Mojiworks Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 3,242 |  | 3,464

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 20 |  | 20

11. Related Party Transactions
The company holds 100% of the ordinary share capital of Mojiworks One Ltd, registered number 10638992, incorporated in England at the same registered office as the parent company. Transactions between the company and its subsidiary were conducted on normal commercial terms and accordingly no related party transactions have been disclosed.
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