ACCOUNTS - Final Accounts preparation

Registered number: 11911214

DATUM ALLOYS GROUP LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2025

DATUM ALLOYS GROUP LIMITED

REGISTERED NUMBER:11911214

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025		2024
Note		£		£

FIXED ASSETS
Intangible assets	4		853,458		1,076,076
Tangible assets	5		582,965		233,573
			1,436,423		1,309,649
CURRENT ASSETS
Stocks	7	1,805,172		1,649,048
Debtors: amounts falling due within one year	8	1,427,037		1,143,506
Cash at bank and in hand	9	396,721		339,633
		3,628,930		3,132,187
Creditors: amounts falling due within one year	10	(6,453,480)		(4,811,026)
NET CURRENT LIABILITIES			(2,824,550)		(1,678,839)
TOTAL ASSETS LESS CURRENT LIABILITIES			(1,388,127)		(369,190)
Creditors: amounts falling due after more than one year	11		(370,750)		(1,017,135)
NET LIABILITIES			(1,758,877)		(1,386,325)

CAPITAL AND RESERVES
Called up share capital	14	19,484	19,484
Share premium account		1,266,892	1,266,892
Foreign exchange reserve		977	26,527
Profit and loss account		(3,046,230)	(2,699,228)
EQUITY ATTRIBUTABLE TO OWNERS OF THE PARENT COMPANY		(1,758,877)	(1,386,325)

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 consolidated statement of comprehensive income 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:

B Widger

Director

Date: 29 June 2026

The notes on pages 5 to 20 form part of these financial statements.

Page 1

DATUM ALLOYS GROUP LIMITED

REGISTERED NUMBER:11911214

COMPANY STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025		2024
Note		£		£

FIXED ASSETS
Investments	6		5,031,616		5,031,616
			5,031,616		5,031,616
CURRENT ASSETS
Debtors: amounts falling due within one year	8	603,617		453,630
		603,617		453,630
Creditors: amounts falling due within one year	10	(7,377,906)		(5,739,547)
NET CURRENT LIABILITIES			(6,774,289)		(5,285,917)
TOTAL ASSETS LESS CURRENT LIABILITIES			(1,742,673)		(254,301)

Creditors: amounts falling due after more than one year	11		-		(1,017,135)

NET LIABILITIES			(1,742,673)		(1,271,436)

CAPITAL AND RESERVES
Called up share capital	14		19,484		19,484
Share premium account			1,266,892		1,266,892
Profit and loss account brought forward		(2,557,812)		(2,134,979)
Loss for the year		(471,237)		(422,833)
Profit and loss account carried forward			(3,029,049)		(2,557,812)
			(1,742,673)		(1,271,436)

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 consolidated statement of comprehensive income 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:

B Widger

Director

Date: 29 June 2026

The notes on pages 5 to 20 form part of these financial statements.

Page 2

DATUM ALLOYS GROUP LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JULY 2025

	Called up share capital	Share premium account	Foreign exchange reserve	Profit and loss account	Equity attributable to owners of Parent Company	Total equity
	£	£	£	£	£	£
At 1 August 2023	19,484	1,266,892	1,678	(2,162,656)	(874,602)	(874,602)
COMPREHENSIVE INCOME FOR THE YEAR
Loss for the year	-	-	-	(536,572)	(536,572)	(536,572)
Currency translation differences	-	-	24,849	-	24,849	24,849

At 1 August 2024	19,484	1,266,892	26,527	(2,699,228)	(1,386,325)	(1,386,325)
COMPREHENSIVE INCOME FOR THE YEAR
Loss for the year	-	-	-	(347,002)	(347,002)	(347,002)
Currency translation differences	-	-	(25,550)	-	(25,550)	(25,550)
AT 31 JULY 2025	19,484	1,266,892	977	(3,046,230)	(1,758,877)	(1,758,877)

The notes on pages 5 to 20 form part of these financial statements.

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DATUM ALLOYS GROUP LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JULY 2025

	Called up share capital	Share premium account	Profit and loss account	Total equity
	£	£	£	£
At 1 August 2023	19,484	1,266,892	(2,134,979)	(848,603)
COMPREHENSIVE INCOME FOR THE YEAR
Loss for the year	-	-	(422,833)	(422,833)

At 1 August 2024	19,484	1,266,892	(2,557,812)	(1,271,436)
COMPREHENSIVE INCOME FOR THE YEAR
Loss for the year	-	-	(471,237)	(471,237)
AT 31 JULY 2025	19,484	1,266,892	(3,029,049)	(1,742,673)

The notes on pages 5 to 20 form part of these financial statements.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	GENERAL INFORMATION

Datum Alloys Group Limited (registered number: 11911214) is a private company, limited by shares and incorporated in England and Wales. The registered office is Unit 9 Torr Hill Park, Torr Quarry Industrial Estate, East Allington, Totnes, Devon, England, TQ9 7QQ.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The consolidated financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of comprehensive income in these financial statements.

The following principal accounting policies have been applied:

2.2

BASIS OF CONSOLIDATION

The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.

The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Statement of financial position, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated statement of comprehensive income from the date on which control is obtained. They are deconsolidated from the date control ceases.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.3

GOING CONCERN

The financial statements have been prepared on a going concern basis. In assessing whether this basis remains appropriate, the Directors have considered the Group’s forecasts, cash flow projections, funding requirements and the range of potential scenarios over a period of at least twelve months from the date of approval of these financial statements.

As at 31 July 2025, the Group had net liabilities of £1,758,877 (2024: £1,386,325), including stakeholder loan balances falling due within the going concern assessment period. The Directors have considered the Group’s forecast trading performance, expected cash generation and available sources of funding in assessing the Group’s ability to meet its liabilities as they fall due.

At the date of approval of these financial statements, the Group is considering potential changes to its ownership and funding structure. The outcome and timing of these potential changes remain uncertain. If a change in ownership does occur, the Group’s future funding, strategic direction and operating arrangements would be dependent on the intentions and arrangements of any new owner. At the date of approval of these financial statements, these arrangements are unknown and therefore uncertain.

The Group has obtained a letter of financial support from Rockpool Investments LLP confirming its intention to provide financial support, including the potential deferral or refinance of amounts owed and the provision of working capital funding as required, for a period of at least twelve months from the date of approval of the financial statements, in the event that the potential changes to the Group’s ownership and funding structure do not proceed.

These circumstances represent events and conditions which give rise to a material uncertainty that may cast doubt on the Group’s and the Parent Company’s ability to continue as a going concern. The financial statements do not include the adjustments that would arise if the Group or the Parent Company were unable to continue as a going concern.

Notwithstanding these uncertainties, the Directors consider that the going concern basis of preparation remains appropriate, based on the Group’s forecasts and cash flow projections, the availability of support from the current majority shareholder if the proposed changes do not proceed, and their assessment of the options available to the Group.

2.4

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group 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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Group has transferred the significant risks and rewards of ownership to the buyer;

∙the Group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Group will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.5

LEASED ASSETS: THE GROUP AS LESSEE

At the commencement date, a right-of-use asset and a corresponding lease liability are recognised.

The lease liability is initially measured at the present value of lease payments due over the lease term, discounted at the rate implicit in the lease or, if not readily determinable, the company’s incremental borrowing rate.

The right-of-use asset is measured at the amount of the lease liability and takes into account the value of lease incentives such as rent-free periods.

After initial recognition, the right-of-use asset is depreciated on a straight-line basis over the shorter of the asset’s useful life or the lease term.

The lease liability is subsequently measured at amortised cost using the effective interest method, with interest expense recognised in profit or loss.

2.6

RESEARCH AND DEVELOPMENT

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

2.7

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.8

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Group in independently administered funds.

2.9

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 and the Group operate and generate income.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.10

INTANGIBLE ASSETS

GOODWILL

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of the Group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Consolidated statement of comprehensive income over its useful economic life of 10 years.

OTHER INTANGIBLE ASSETS

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. The website is amortised on a straight line basis to the Consolidated statement of comprehensive income over its useful economic life of 3 years.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.11

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property	-	over the term of the lease
Plant and machinery	-	3 - 5 years straight line
Fixtures and fittings	-	3 - 5 years straight line
Computer equipment	-	1 - 3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.12

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.13

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Direct labour, overhead and machine costs incurred are absorbed into the value of the stock items to which they relate.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.14

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.15

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.16

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.17

FINANCIAL INSTRUMENTS

The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Group's Statement of financial position when the Group becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.17

FINANCIAL INSTRUMENTS (CONTINUED)

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Group after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Page 10

DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.18

CHANGE IN ACCOUNTING POLICY - adoption of amended FRS 102

On 1 August 2024, the Group early adopted the amendments to Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’. The amendments have been applied using the modified retrospective approach and comparative information has not been restated.

The most significant impact of the adoption of the amended standard relates to the accounting for leases. Under the amended standard, the Group recognises right-of-use assets and corresponding lease liabilities for leases previously classified as operating leases.

On transition, the Group recognised lease liabilities of £490,875 and right-of-use assets of £468,721, with the difference recognised in retained earnings at the date of initial application.

The weighted average incremental borrowing rate applied to lease liabilities at the date of initial application was 9.5%.

The Group has also considered the impact of other amendments introduced as part of the revised FRS 102, including changes to revenue recognition, financial instruments, fair value measurement and other presentation and disclosure requirements. The Group’s existing accounting policies are largely consistent with the revised requirements and, accordingly, these amendments have not had a material impact on the recognition or measurement of amounts reported in the financial statements.

Where necessary, additional or enhanced disclosures have been made to comply with the requirements of the amended standard.

Overall, other than the impact of lease accounting, the adoption of the amended FRS 102 has not had a material impact on the Group’s financial statements.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 39 (2024: 39).

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

4.	INTANGIBLE ASSETS
	Group

		Goodwill
		£
	COST
	At 1 August 2024	2,226,182
	At 31 July 2025	2,226,182
	AMORTISATION
	At 1 August 2024	1,150,106
	Charge for the year on owned assets	222,618
	At 31 July 2025	1,372,724
	NET BOOK VALUE
	At 31 July 2025	853,458
	At 31 July 2024	1,076,076

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

	5.	TANGIBLE FIXED ASSETS
		Group

	Short-term leasehold property	Right-of-use assets	Plant and machinery	Fixtures and fittings	Computer equipment	Total
	£	£	£	£	£	£
COST
At 1 August 2024	315,723	-	1,297,146	6,411	32,939	1,652,219
Impact of change in accounting policy	-	597,133	-	-	-	597,133
At 1 August 2024 (adjusted balance)	315,723	597,133	1,297,146	6,411	32,939	2,249,352
Additions	-	-	71,442	-	3,288	74,730
Exchange adjustments	(9,921)	-	(2,741)	-	-	(12,662)
At 31 July 2025	305,802	597,133	1,365,847	6,411	36,227	2,311,420
DEPRECIATION
At 1 August 2024	282,343	-	1,099,465	6,411	30,427	1,418,646
Charge for the year	10,488	128,412	169,318	-	1,591	309,809
At 31 July 2025	292,831	128,412	1,268,783	6,411	32,018	1,728,455
NET BOOK VALUE
At 31 July 2025	12,971	468,721	97,064	-	4,209	582,965
At 31 July 2024	33,380	-	197,681	-	2,512	233,573

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

6.	FIXED ASSET INVESTMENTS

	Company

		Investments in subsidiary companies
		£
	COST
	At 1 August 2024	5,031,616
	At 31 July 2025	5,031,616

DIRECT SUBSIDIARY UNDERTAKINGS
The following were direct subsidiary undertakings of the Company:
Name	Class of shares	Holding

Datum Capital Limited	Ordinary	100%
Datum Alloys Limited	Ordinary	10%
Datum Alloys S.A.	Ordinary	1%

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

INDIRECT SUBSIDIARY UNDERTAKINGS
The following were indirect subsidiary undertakings of the Company:
Name	Class of shares	Holding

Datum Alloys Limited	Ordinary	90%
Datum Alloys Inc	Ordinary	100%
Datum Alloys Pte	Ordinary	100%
Datum Alloys S.A.	Ordinary	99%

The registered offices are:
Datum Capital Limited and Datum Alloys Limited - Unit 9 Torr Hill Park, Torr Quarry Industrial Estate, East Allington, Totnes, Devon, England, TQ9 7QQ.
Datum Alloys Inc - Airport Corporate Center, 33 Lewis Road, Binghamton, NY 13905.
Datum Alloys Pte Limited - Ghim Moh Estate Post Office PO BOX 1117, Singapore, 912704.
Datum Alloys S.A. - Bahia de Huatulco 99B, Colonia El Mante, Tlaquepaque, Jalisco, Mexico.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

7.	STOCKS
		Group	Group
		2025	2024
		£	£

	Raw materials and consumables	1,805,172	1,649,048

DEBTORS

Group	Group	Company	Company
2025	2024	2025	2024
£	£	£	£


Trade debtors	1,163,426	966,859	-	-
Amounts owed by group undertakings	-	-	600,000	450,000
Other debtors	108,483	35,285	3,617	2,380
Prepayments and accrued income	155,128	141,362	-	1,250
	1,427,037	1,143,506	603,617	453,630

9.	CASH AND CASH EQUIVALENTS
		Group	Group
		2025	2024
		£	£

	Cash at bank and in hand	396,721	339,633

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Other loans	5,399,950	4,088,814	4,348,952	3,264,605
Trade creditors	634,905	458,796	12,000	4,574
Amounts owed to group undertakings	-	-	3,016,674	2,462,628
Other taxation and social security	34,043	31,911	-	-
Lease liabilities	120,125	65,825	-	-
Other creditors	50,914	50,466	-	-
Accruals and deferred income	169,543	99,214	280	7,740
Financial instruments	44,000	16,000	-	-
	6,453,480	4,811,026	7,377,906	5,739,547

The following liabilities were secured:
	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£

Lease liabilities	120,125	-	-	-
Other loans - trade loan	1,050,998	824,209	-	-
Other loans - loan notes	2,250,000	2,250,000	2,250,000	2,250,000
Other loans - loan facility	787,500	787,500	787,500	787,500
	4,208,623	3,861,709	3,037,500	3,037,500

Details of security provided:

Lease liabilities are secured upon the assets to which they relate.

The trade loan is secured by a floating charge over the Company’s inventory and other assets.

The loan notes are secured over the assets of the Group and rank behind the loan facility detailed below
but ahead of all other charges.

The loan facility is secured over the assets of the Group and has priority over all other securities.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

11.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Other loans	-	1,017,135	-	1,017,135
Lease liabilities	370,750	-	-	-
	370,750	1,017,135	-	1,017,135

The following liabilities were secured:
	Group	Group
	2025	2024
	£	£


Lease liabilities	370,750	-
	370,750	-

Details of security provided:

Lease liabilities are secured upon the assets to which they relate.

12.	SIGNIFICANT LEASING ARRANGEMENTS AS A LESSEE

The Group has entered into significant leasing arrangements primarily for land and buildings. These leases convey the right to control the use of identified assets for agreed periods in exchange for consideration. In accordance with the amended FRS 102 (early adopted), the Group recognises a right-of-use asset and a corresponding lease liability for most leases. The lease liability is measured at the present value of future lease payments, discounted using the rate implicit in the lease. The right-of-use asset is initially measured at cost and subsequently depreciated on a straight-line basis over the lease term.

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

13.	LOANS
	Included in other loans falling due within 1 year are £2,250,000 (2024: £2,250,000) 12 per cent secured loan notes which were repayable on 6 June 2024. Post year end, on 11 March 2026, the repayment date has been extended to 6 June 2026 or an exit date, which ever is sooner. The rate of interest is 12% per annum and is accrued daily and due for payment biannually in arrears. At the year end accrued interest of £90,247 (2024: £82,726) is included in other loans due within one year. Included in other loans falling due within 1 year is a £787,500 (2024: £787,500) loan facility which is repayable on 6 June 2026 or an exit date, which ever is sooner. The rate of interest is 8% per annum and is accrued daily and due for payment biannually in arrears. At the year end accrued interest of £21,058 (2024: £21,058) is included in other loans due within one year. The loan facility is secured over the assets of the group and has priority over all other securities. Included in other loans falling due within 1 year is £884,500 (2024: £884,500, due in 2-5 years) 10 per cent unsecured loan notes which are repayable on an exit date. The rate of interest is 10% per annum and is accrued daily. 50% of the interest charged is due for payment quarterly in arrears with the remaining being due on redemption. At the year end interest of £324,343 (2024: £132,634) is included in other loans due within 1 year and £Nil (2024: £132,634) is included in other loans due within 2-5 years. The loan notes are unsecured and rank behind the facilities described above. The Group has obtained a letter of financial support from Rockpool Investments LLP confirming its intention to provide financial support, including the deferral or refinance of amounts owed and the provision of working capital as required. Further details are provided in note 2.3.
	Analysis of the maturity of loans is given below:
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans	5,399,950	4,088,814	4,348,952	3,264,605
AMOUNTS FALLING DUE 1-2 YEARS
AMOUNTS FALLING DUE 2-5 YEARS
Other loans	-	1,017,135	-	1,017,135
	5,399,950	5,105,949	4,348,952	4,281,740

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DATUM ALLOYS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

14.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

71,037 (2024: 71,037) Ordinary shares of £0.01 each	710	710
781,808 (2024: 781,808) A Shares shares of £0.01 each	7,818	7,818
1,095,600 (2024: 1,095,600) B Shares shares of £0.01 each	10,956	10,956

	19,484	19,484

15.	PENSION COMMITMENTS

The Group operates two defined contributions pension plans, one in the United Kingdom (under auto enrolment) and one in the United States of America. The Group makes fixed percentage contributions to pension schemes selected by each employee. Employees in the United Kingdom choosing to opt out of auto enrolment may elect to pay contributions into their own private pension schemes.

The Group also makes contributions to the Central Provident Fund (CPF) for staff employed in Singapore as required by law. The CPF scheme is accounted for as a defined contribution pension scheme. The assets of the schemes are held separately from those of the Group in independently administered funds.

The pension cost charge represents contributions payable by the Group to the funds and amounted to £49,784 (2024: £55,220). Contributions totalling £1,023 (2024: £2,478 receivable) were payable to the funds at the reporting date and are included in debtors.

16.	RELATED PARTY TRANSACTIONS
	The Group has taken advantage of the exemption in section 33.1A of FRS 102 in not disclosing intra-group transactions where 100% of the voting rights are controlled within the Group.

17.	CONTROLLING PARTY

The Group is owned by a large number of individual investors that hold their small share holdings on trust through Rockpool Investment Nominee – a nominee company. None of these individual investors have ultimate control over Datum Alloys Group Limited and as such there is no ultimate controlling party.

18.	AUDITORS' INFORMATION

The auditors' report on the financial statements for the year ended 31 July 2025 was unqualified.

The audit report was signed on 29 June 2026 by Stephen Patey BA ACA (Senior statutory auditor) on behalf of Bishop Fleming Audit Limited.

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