ACCOUNTS - Final Accounts

Company registration number: 05371726

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2026

	NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED)


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED)

COMPANY INFORMATION

Director	G Adzic


Registered number	05371726


Registered office	2nd Floor
	Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED)

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED) REGISTERED NUMBER:05371726

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Investments			500		500
			500		500
Current assets
Debtors: amounts falling due within one year	5	48,725		9,519
Bank and cash balances		67,227		41,511
		115,952		51,030
Creditors: amounts falling due within one year	6	(13,866)		(11,052)
Net current assets			102,086		39,978
Total assets less current liabilities			102,586		40,478

Net assets			102,586		40,478

Capital and reserves
Called up share capital	110	100
Profit and loss account	102,476	40,378
	102,586	40,478

Page 1


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED) REGISTERED NUMBER:05371726

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

G Adzic

Director

Date: 5 June 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

These financial statements have been prepared in compliance with FRS102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

Neuri Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

Page 4


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

4.	Fixed asset investments

		Trade investments
		£

	At 1 April 2025	500
	At 31 March 2026	500

Debtors

					2026	2025
					£	£


Other debtors	48,725	9,519
	48,725	9,519

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Corporation tax	7,806	7,392
Accruals and deferred income	6,060	3,660
	13,866	11,052

Page 5


NEURI LIMITED (PREVIOUSLY PROVOKING THOUGHTS LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

7.	Share capital
		2026	2025
		£	£

Authorised

100,000 Ordinary shares of £1.00 each	100,000	100,000
10 Ordinary A shares of £1.00 each	10	-

	100,010	100,000

Allotted, called up and fully paid

100 Ordinary shares of £1.00 each	100	100
10 Ordinary A shares of £1.00 each	10	-

	110	100

The A ordinary shares carry no voting rights but rank pari passu for dividends.

8.	Transactions with director

		Brought forward	Advance/ credit	Repaid	Carried forward
		£	£	£	£

	Director loan	-	70,358	(30,000)	40,358
		-	70,358	(30,000)	40,358

No interest has been applied on the loan in the year.

Page 6