REGISTERED NUMBER: 13732208 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

HISTOFY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Prof N Rajpoot

Prof D R J Snead

SECRETARY:

Dr C Liao

REGISTERED OFFICE:

Unit 33 The Venture Centre

University of Warwick Science Park

Sir William Lyons Road

Coventry

West Midlands

CV4 7EZ

REGISTERED NUMBER:

13732208 (England and Wales)

ACCOUNTANTS:

Dafferns LLP

One Eastwood

Harry Weston Road

Binley Business Park

Coventry

CV3 2UB

FIXED ASSETS

Intangible assets

5

658,498

56,342

Tangible assets

6

42,298

5,377

700,796

61,719

CURRENT ASSETS

Debtors

7

369,736

105,891

Cash at bank

288,938

322,189

658,674

428,080

CREDITORS

Amounts falling due within one year

8

586,722

19,534

NET CURRENT ASSETS

71,952

408,546

TOTAL ASSETS LESS CURRENT LIABILITIES

772,748

470,265

CREDITORS

Amounts falling due after more than one year

9

426,804

400,823

NET ASSETS

345,944

69,442

CAPITAL AND RESERVES

Called up share capital

10

3,446

2,966

Share premium

592,811

180,330

Retained earnings

(250,313

)

(113,854

)

SHAREHOLDERS' FUNDS

345,944

69,442

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

Prof N Rajpoot - Director

Prof D R J Snead - Director

1.	STATUTORY INFORMATION

Histofy 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.

The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest £1.

2.	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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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, net of discounts and rebates, excluding value added tax and other sales taxes.

Grant Income

Grants are recognised when there is reasonable assurance that the conditions attaching to them will be complied with and that the grants will be received.

Revenue related grants are recognised in the Income Statement on a systematic basis over the periods in which the related costs are incurred.

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.

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

Patents and licences

- 5 years straight line

Development costs

- 8 years straight line

Digital assets

- between 3 and 8 years straight line

Tangible fixed assets

Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses.

Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

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

Computer equipment

- 4 years straight line

Repairs and maintenance costs are charged to the Income Statement in the period in which they are incurred.

Any gains and losses on the disposal of tangible fixed assets are recognised in the Income Statement in the year that the disposal takes place.

Financial instruments

Basic financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement in other administrative expenses.

Taxation

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

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The Company operates a defined contribution pension scheme. Contributions payable to the Company's pension scheme are charged to the Income Statement in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Patents

and

Development

Digital

licences

costs

assets

Totals

£

£

£

£

COST

At 1 October 2024

15,000

33,899

14,823

63,722

Additions

2,000

32,539

606,893

641,432

At 30 September 2025

17,000

66,438

621,716

705,154

AMORTISATION

At 1 October 2024

750

3,710

2,920

7,380

Amortisation for year

3,067

6,526

29,683

39,276

At 30 September 2025

3,817

10,236

32,603

46,656

NET BOOK VALUE

At 30 September 2025

13,183

56,202

589,113

658,498

At 30 September 2024

14,250

30,189

11,903

56,342

6.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 October 2024

8,668

Additions

47,557

At 30 September 2025

56,225

DEPRECIATION

At 1 October 2024

3,291

Charge for year

10,636

At 30 September 2025

13,927

NET BOOK VALUE

At 30 September 2025

42,298

At 30 September 2024

5,377

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

190,100

18,681

Other debtors

-

21,910

Tax

145,286

36,156

Accrued income

16,574

-

Prepayments

17,776

29,144

369,736

105,891

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other loans

420,892

-

Trade creditors

10,986

8,149

Social security and other taxes

11,660

9,334

VAT

12,121

-

Other creditors

600

2,051

Accruals and deferred income

130,463

-

586,722

19,534

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Other loans - 1-2 years

-

381,999

Accruals and deferred income

426,804

18,824

426,804

400,823

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

344,586

Ordinary

£0.01

3,446

2,966

47,967 Ordinary shares of £0.01 each were allotted as fully paid at a premium of £8.59927 per share during the year.

11.	OTHER FINANCIAL COMMITMENTS

At 30 September 2025, the Company had total commitments under non-cancellable operating leases over the remaining life of those leases of £3,947 (2024: £9,867).

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Prof N Rajpoot and Prof D R J Snead.