IRIS Accounts Production v26.1.10.61 08505500 Board of Directors 1.5.25 30.4.26 30.4.26 false true false false false true false Ordinary A 10.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 Ordinary E 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08505500 2025-04-30 08505500 2026-04-30 08505500 2025-05-01 2026-04-30 08505500 2024-04-30 08505500 2024-05-01 2025-04-30 08505500 2025-04-30 08505500 ns15:EnglandWales 2025-05-01 2026-04-30 08505500 ns14:PoundSterling 2025-05-01 2026-04-30 08505500 ns10:Director1 2025-05-01 2026-04-30 08505500 ns10:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 08505500 ns10:SmallEntities 2025-05-01 2026-04-30 08505500 ns10:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 08505500 ns10:SmallCompaniesRegimeForDirectorsReport 2025-05-01 2026-04-30 08505500 ns10:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 08505500 ns10:FullAccounts 2025-05-01 2026-04-30 08505500 1 2025-05-01 2026-04-30 08505500 ns10:OrdinaryShareClass1 2025-05-01 2026-04-30 08505500 ns10:OrdinaryShareClass2 2025-05-01 2026-04-30 08505500 ns10:OrdinaryShareClass3 2025-05-01 2026-04-30 08505500 ns10:OrdinaryShareClass4 2025-05-01 2026-04-30 08505500 ns10:OrdinaryShareClass5 2025-05-01 2026-04-30 08505500 ns10:Director2 2025-05-01 2026-04-30 08505500 ns10:Director3 2025-05-01 2026-04-30 08505500 ns10:Director4 2025-05-01 2026-04-30 08505500 ns10:Director5 2025-05-01 2026-04-30 08505500 ns10:RegisteredOffice 2025-05-01 2026-04-30 08505500 ns5:CurrentFinancialInstruments 2026-04-30 08505500 ns5:CurrentFinancialInstruments 2025-04-30 08505500 ns5:Non-currentFinancialInstruments 2026-04-30 08505500 ns5:Non-currentFinancialInstruments 2025-04-30 08505500 ns5:ShareCapital 2026-04-30 08505500 ns5:ShareCapital 2025-04-30 08505500 ns5:SharePremium 2026-04-30 08505500 ns5:SharePremium 2025-04-30 08505500 ns5:RetainedEarningsAccumulatedLosses 2026-04-30 08505500 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 08505500 ns5:IntangibleAssetsOtherThanGoodwill 2025-05-01 2026-04-30 08505500 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-30 08505500 ns5:IntangibleAssetsOtherThanGoodwill 2026-04-30 08505500 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-30 08505500 ns5:PlantMachinery 2025-04-30 08505500 ns5:PlantMachinery 2025-05-01 2026-04-30 08505500 ns5:PlantMachinery 2026-04-30 08505500 ns5:PlantMachinery 2025-04-30 08505500 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-04-30 08505500 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 08505500 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-04-30 08505500 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-04-30 08505500 ns5:Non-currentFinancialInstruments 2025-05-01 2026-04-30 08505500 ns5:WithinOneYear 2026-04-30 08505500 ns5:WithinOneYear 2025-04-30 08505500 ns10:OrdinaryShareClass1 2026-04-30 08505500 ns10:OrdinaryShareClass2 2026-04-30 08505500 ns10:OrdinaryShareClass3 2026-04-30 08505500 ns10:OrdinaryShareClass4 2026-04-30 08505500 ns10:OrdinaryShareClass5 2026-04-30

REGISTERED NUMBER: 08505500 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 APRIL 2026 |

| FOR |

| ENTOTEM LIMITED |

| ENTOTEM LIMITED (REGISTERED NUMBER: 08505500) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| ENTOTEM LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 APRIL 2026

| DIRECTORS: | D Belcher

| M Boddy

| A Bryers

| I M Grostate

| A P G Randall

| REGISTERED OFFICE: | 10 Stadium Business Court

| Millennium Way

| Pride Park

| Derby

| Derbyshire

| DE24 8HP

| REGISTERED NUMBER: | 08505500 (England and Wales)

| ACCOUNTANTS: | TC Group

| 10 Stadium Business Court

| Millennium Way

| Pride Park

| Derby

| Derbyshire

| DE24 8HP

| ENTOTEM LIMITED (REGISTERED NUMBER: 08505500) |

BALANCE SHEET

30 APRIL 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 3,370,239 |  | 3,295,455 |  |

Tangible assets | 5 | 1,247 |  | 900 |  |

3,371,486 |  | 3,296,355 |  |

CURRENT ASSETS

Stocks | 30,476 |  | 32,829 |  |

Debtors | 6 | 316,068 |  | 321,624 |  |

Cash at bank | 5,336 |  | 97,311 |  |

351,880 |  | 451,764 |  |

CREDITORS

Amounts falling due within one year | 7 | 87,096 |  | 99,362 |  |

NET CURRENT ASSETS | 264,784 |  | 352,402 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,636,270 |  | 3,648,757 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 2,136,918 |  | 1,982,761 |  |

NET ASSETS | 1,499,352 |  | 1,665,996 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 708,834 |  | 707,090 |  |

Share premium | 3,357,333 |  | 3,329,080 |  |

Retained earnings | (2,566,815 | ) | (2,370,174 | ) |

SHAREHOLDERS' FUNDS | 1,499,352 |  | 1,665,996 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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.

| ENTOTEM LIMITED (REGISTERED NUMBER: 08505500) |

BALANCE SHEET - continued

30 APRIL 2026

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 3 July 2026 and were signed on its behalf by:

I M Grostate - Director

| ENTOTEM LIMITED (REGISTERED NUMBER: 08505500) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

1. | STATUTORY INFORMATION

| Entotem Limited is a private company, limited by shares, incorporated in England and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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. The financial statements have been prepared under the historical cost convention.

| The financial statements are prepared in sterling, which is the functional currency of the entity.

| Going concern

| The financial statements are prepared on a going concern basis as the Directors expect the Company to have the resources necessary to continue in business in the foreseeable future. In making this assessment, the Directors have considered:

| - the ongoing operational costs of the business,

| - the ongoing support of shareholders,

| - confirmation that the existing shareholder loans will be maintained at levels sufficient to meet the ongoing liabilities

| - cash injection from future rounds of investment and grant awards

| At the time of approving the financial statements, the directors have proposed detailed forecasts and business plans and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future with their ongoing support. Therefore the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| In preparing the financial statements, management use judgments and estimates that affect the application of accounting policies and reported amounts of assets, liabilities, income and expenses.

| The review of intangible fixed assets for impairment reflects management's best estimate of the recoverable amount of the cash-generating unit (CGU). A cash-generating unit (CGU) is the smallest group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Currently, Entotem as a whole is considered as a single CGU because none of the company's assets generate cash inflows mostly independent from other assets.

| The directors calculation uses the future expected cash flows of the CGU based on financial budgets, discounted to present value using a discount factor at a rate equivalent to interest rates on existing company borrowings.

| The assessment is carried out at the year end and there is no evidence of impairment for the amounts recognised at 30 April 2026 and 2025.

| Tangible fixed assets

| Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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

| Plant and machinery etc - 33.3% on cost

| ENTOTEM LIMITED (REGISTERED NUMBER: 08505500) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2026

2. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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

| The deferred tax assets recognised on 30 April 2026, include a relevant amount of tax losses carried forward since incorporation, which management assesses will be utilised by offset against taxable income. The assessment is performed on an annual basis and is based on the budgets and business plans for future years. The assessment period extends to a three year forecast period, as management consider periods beyond this timeframe to uncertain for a reliable assessment of utilisation of tax losses.

| 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 profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2025 - 8 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 May 2025 | 4,326,007 |  |

| Additions | 298,470 |  |

| At 30 April 2026 | 4,624,477 |  |

| AMORTISATION

| At 1 May 2025 | 1,030,552 |  |

| Charge for year | 223,686 |  |

| At 30 April 2026 | 1,254,238 |  |

| NET BOOK VALUE

| At 30 April 2026 | 3,370,239 |  |

| At 30 April 2025 | 3,295,455 |  |

| ENTOTEM LIMITED (REGISTERED NUMBER: 08505500) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2026

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST

| At 1 May 2025 | 52,213 |  |

| Additions | 808 |  |

| At 30 April 2026 | 53,021 |  |

| DEPRECIATION

| At 1 May 2025 | 51,313 |  |

| Charge for year | 461 |  |

| At 30 April 2026 | 51,774 |  |

| NET BOOK VALUE

| At 30 April 2026 | 1,247 |  |

| At 30 April 2025 | 900 |  |

6. | DEBTORS

2026 | 2025 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 36,000 |  | 54,000 |  |

| Tax | 49,690 |  | 37,419 |  |

| Prepayments | 2,378 |  | 2,205 |  |

88,068 |  | 93,624 |  |

| Amounts falling due after more than one year:

| Deferred tax asset | 228,000 |  | 228,000 |  |

| Aggregate amounts | 316,068 |  | 321,624 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 4,764 |  | 7,500 |  |

| Trade creditors | 5,098 |  | 19,483 |  |

| Social security and other taxes | 4,710 |  | 5,437 |  |

| VAT | 5,079 |  | 11,245 |  |

| Other creditors | 67,445 |  | 55,697 |  |

87,096 |  | 99,362 |  |

| ENTOTEM LIMITED (REGISTERED NUMBER: 08505500) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2026

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans - 1-2 years | 343,396 |  | 337,371 |  |

| Other creditors | 1,793,522 |  | 1,645,390 |  |

2,136,918 |  | 1,982,761 |  |

| Amounts included in other creditors relates to two loans:

| £643,251 (2025: £643,251) is secured by way of a fixed charge over all intellectual property held by the company.

| £343,396 (2025: £331,950) is secured by way of a fixed charge and floating charges over all the property or undertaking of the company.

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2026 | 2025 |

£ | £ |

| Within one year | 4,950 |  | 4,950 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 40,000 | Ordinary A | £10 | 400,000 |  | 400,000 |  |

| 30,000 | Ordinary B | £1 | 30,000 |  | 30,000 |  |

| 15,000 | Ordinary C | £1 | 15,000 |  | 15,000 |  |

| 15,000 | Ordinary D | £1 | 15,000 |  | 15,000 |  |

| 214,703 | Ordinary E | £1 | 248,834 |  | 247,090 |  |

708,834 |  | 707,090 |  |

| During the year 1,744 £1 Ordinary E shares were issued at a premium of £28,253.