REGISTERED NUMBER: 06350388 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Nivid Biometrics Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr V Patel

SECRETARY:

Mr F Mankodi

REGISTERED OFFICE:

144-146 Kings Cross Road

London

WC1X 9DU

REGISTERED NUMBER:

06350388 (England and Wales)

ACCOUNTANTS:

Andrew Murray & Co

Business Advisors and Statutory Auditors

144-146 Kings Cross Road

King's Cross

WC1X 9DU

FIXED ASSETS

Intangible assets

4

271,626

321,787

Tangible assets

5

1,239

1,174

272,865

322,961

CURRENT ASSETS

Cash at bank

1,908

29

CREDITORS

Amounts falling due within one year

6

71,293

81,476

NET CURRENT LIABILITIES

(69,385

)

(81,447

)

TOTAL ASSETS LESS CURRENT LIABILITIES

203,480

241,514

CREDITORS

Amounts falling due after more than one year

7

527,610

518,519

NET LIABILITIES

(324,130

)

(277,005

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(324,230

)

(277,105

)

SHAREHOLDER FUNDS

(324,130

)

(277,005

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2026 and were signed by:

Mr V Patel - Director

1.	STATUTORY INFORMATION

Nivid Biometrics 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of seven years.

No amortisation charge for additions during the year

Tangible fixed assets

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

Website design

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Developmen

costs

£

COST

At 1 September 2024

953,830

Additions

86,100

At 31 August 2025

1,039,930

AMORTISATION

At 1 September 2024

632,043

Amortisation for year

136,261

At 31 August 2025

768,304

NET BOOK VALUE

At 31 August 2025

271,626

At 31 August 2024

321,787

No amortisation charge for additions during the year

5.	TANGIBLE FIXED ASSETS

Website

Computer

design

equipment

Totals

£

£

£

COST

At 1 September 2024

2,000

3,995

5,995

Additions

-

374

374

At 31 August 2025

2,000

4,369

6,369

DEPRECIATION

At 1 September 2024

1,733

3,088

4,821

Charge for year

53

256

309

At 31 August 2025

1,786

3,344

5,130

NET BOOK VALUE

At 31 August 2025

214

1,025

1,239

At 31 August 2024

267

907

1,174

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts (see note 8)

-

12,650

Taxation and social security

4,237

4,458

Other creditors

67,056

64,368

71,293

81,476

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans (see note 8)

5,878

5,687

Other creditors

521,732

512,832

527,610

518,519

8.

LOANS

An analysis of the maturity of loans is given below:

31.8.25

31.8.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

4,652

Bank loans

-

7,998

-

12,650

Amounts falling due between two and five years:

BBL Loan -02270757

5,878

5,687

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Share Capital

1

100

100

10.

RESERVES

Retained

earnings

£

At 1 September 2024

(277,105

)

Deficit for the year

(47,125

)

At 31 August 2025

(324,230

)