Registered Number
Micro-entity Accounts
31 August 2025
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| £ | £ | ||
| Called up share capital not paid |
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| Fixed Assets |
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| Current Assets |
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| Prepayments and accrued income |
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| Creditors: amounts falling due within one year |
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| Net current assets (liabilities) |
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| Total assets less current liabilities |
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| Creditors: amounts falling due after more than one year |
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| Provisions for liabilities |
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| Accruals and deferred income |
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| Total net assets (liabilities) |
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| Capital and reserves |
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Approved by the Board on
And signed on their behalf by:
| 2025 | 2024 | |
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| Average number of employees during the period |
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2Accounting Policies
Basis of measurement and preparation of accounts
The financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and under the historical cost convention.
During the accounting period the company continued its early-stage operational and platform development activities. Funding introduced during the period by founder shareholders and strategic participants was treated as shareholder capital contributions.
At the balance sheet date, a portion of the company’s issued ordinary share capital remained unpaid. The unpaid balance has therefore been recognised within “called up share capital not paid” in accordance with the Companies Act 2006.
The company did not generate material external turnover during the accounting period.
Operational expenditure during the period primarily related to telecommunications, software subscriptions, business development and associated administrative activities.
Due to restrictions and delays encountered in obtaining conventional banking facilities during the company’s establishment phase, certain business expenses were initially settled personally and subsequently reimbursed from company funds following shareholder capital introductions.
The company utilised Wise Business payment infrastructure during the period for treasury and operational payment processing purposes.