Registration number: 14463240

N-iX Technologies Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 6

N-iX Technologies Limited

Company Information

Director

N Rosliak

Registered office

15th Floor 6 Bevis Marks London EC3A 7BA

Auditor

Brebners Chartered Accountants & Statutory Auditor 130 Shaftesbury Avenue London W1D 5AR

N-iX Technologies Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	4,787	-
Current assets
Debtors	6	635,067	69,328
Cash at bank and in hand		565,155	260,578
		1,200,222	329,906
Creditors: Amounts falling due within one year	7	(1,259,963)	(503,906)
Net current liabilities		(59,741)	(174,000)
Net liabilities		(54,954)	(174,000)
Capital and reserves
Called up share capital		1	1
Retained earnings		(54,955)	(174,001)
Shareholders' deficit		(54,954)	(174,000)

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of N-iX Technologies Limited has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 23 June 2026
 

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

N Rosliak

Director

Company registration number: 14463240

N-iX Technologies Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
15th Floor
6 Bevis Marks
London
EC3A 7BA

The principal activity of the company is that of business and domestic software development.

2	Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 24 June 2026 was Richard Smith, who signed for and on behalf of Brebners.

3	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year ended 31 December 2025 and had had net liabilities at that date amounting to £54,954. At this date an amount of £842,609 was due to group undertakings. A related group entity has agreed to support the company, not call for repayment until such time as the company has sufficient working capital, and to provide further funding if required.

The director has considered company resources, liquidity, various funding options and future plans and in her view is there are no immediate solvency concerns.

The director remains confident in the company's ability to remain in operational existence for the foreseeable future and, having made sufficient enquiries, believes it is appropriate to prepare the financial statements on a going concern basis.

N-iX Technologies Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, rebates and discounts.

The company recognises revenue from software development services over the period in which the services are performed, once the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	50% Straight Line

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

N-iX Technologies Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

4	Staff numbers

The average number of persons employed by the company during the year, was 7 (2024 - 5).

5	Tangible assets

	Computer equipment  £	Total £
Cost
Additions	5,410	5,410
At 31 December 2025	5,410	5,410
Depreciation
Charge for the year	623	623
At 31 December 2025	623	623
Carrying amount
At 31 December 2025	4,787	4,787

N-iX Technologies Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

6

Debtors

	2025 £	2024 £
Trade debtors	339,121	57,920
Amounts owed by related parties	32,860	-
Prepayments	6,033	5,852
Accrued income	242,307	5,556
Deferred tax assets	14,746	-
	635,067	69,328

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Trade creditors		6,097	21,780
Amounts owed to group undertakings	8	842,609	375,004
Taxation and social security		357,356	87,483
Accruals and deferred income		51,846	18,355
Other creditors		2,055	1,284
		1,259,963	503,906