Company Registration No. 15261313 (England and Wales)
Testslick Limited
Unaudited accounts
for the year ended 30 November 2025
Testslick Limited
Unaudited accounts
Contents
Testslick Limited
Company Information
for the year ended 30 November 2025
Directors
Mark Watson
Hugo Miguel Marques Farinha
Company Number
15261313 (England and Wales)
Registered Office
Castle Hill House
12 Castle Hill
Windsor
Berkshire
SL4 1PD
England
Accountants
James Norman Business Advisory Limited
Castle Hill House
12 Castle Hill
Windsor
SL4 1PD
Testslick Limited
Statement of financial position
as at 30 November 2025
Intangible assets
128,817
81,434
Cash at bank and in hand
59,066
127,141
Creditors: amounts falling due within one year
(89,786)
(89,086)
Net current (liabilities)/assets
(12,532)
64,291
Net assets
116,285
145,725
Called up share capital
46,085
46,085
Share premium
99,914
99,914
Profit and loss account
(29,714)
(274)
Shareholders' funds
116,285
145,725
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by
Mark Watson
Director
Company Registration No. 15261313
Testslick Limited
Notes to the Accounts
for the year ended 30 November 2025
Testslick Limited is a private company, limited by shares, registered in England and Wales, registration number 15261313. The registered office is Castle Hill House, 12 Castle Hill, Windsor, Berkshire, SL4 1PD, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The software development costs are being amortised of its useful life of 5 years.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
During the previous period, a total of 1,111,111 share options, representing 9.1% of the total shares in issue, were made available to employees and/or directors. However, these share options have not exercised, and no shares were optioned.
The share options were offered in accordance with the company's share option plan, and the terms and conditions of the options were disclosed to eligible participants. As at the balance sheet date, these share options remained unexercised and therefore did not result in any changes to the issued share capital of the company.
The fair value of the unexercised share options at the balance sheet date has been considered in accordance with FRS 102. Any impact of the share options on the financial statements, including potential dilution or changes in equity, will be disclosed in future periods, should the options be exercised.
Testslick Limited
Notes to the Accounts
for the year ended 30 November 2025
Expenditure on research and development is written off in the year in which it is incurred.
3
Intangible fixed assets
Other
At 30 November 2025
163,768
Charge for the year
27,676
At 30 November 2025
34,951
At 30 November 2025
128,817
At 30 November 2024
81,434
Amounts falling due within one year
Other debtors
18,188
26,236
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
86,186
86,186
Allotted, called up and fully paid:
10,854,700 Ordinary shares of £0.0001 each
1,085.47
1,085.47
249,998 Ordinary B shares of £0.18 each
44,999.64
44,999.64
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).