Celfocus Ltd iXBRL

Company Registration Number: 09906360

Celfocus Ltd

Unaudited Financial Statements

for the financial year ended 31 December 2025

Celfocus Ltd

Company Registration Number: 09906360

BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

401

556

─────────

Current Assets

Debtors

220,825

949,219

Cash and cash equivalents

69,238

70,471

─────────

290,063

1,019,690

─────────

Creditors: amounts falling due within one year

(238,026)

(1,150,744)

─────────

Net Current Assets/(Liabilities)

52,037

(131,054)

─────────

Total Assets less Current Liabilities

52,438

(130,498)

═════════

Capital and Reserves

Called up share capital

15,000

15,000

Retained earnings

37,438

(145,498)

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Shareholders' Funds/(Deficit)

52,438

(130,498)

═════════

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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 19 May 2026



________________________________
Francisco Paulo Figueiredo Morais Antunes
Director

Celfocus Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

Celfocus Ltd is a company limited by shares incorporated in the England and Wales. The registered office of the company is 7 Albermarle Street, London, London, W1S 4HQ, England which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

33.33% Straight Line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at 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 where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was 4, (2024 - 4)

2025

2024

Number

Number

Employees

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4.	Tangible assets
		Plant and	Total
		machinery

		£	£
	Cost
	At 1 January 2025	1,521	1,521
		─────────	─────────

	At 31 December 2025	1,521	1,521
		─────────	─────────
	Depreciation
	At 1 January 2025	965	965
	Charge for the financial year	155	155
		─────────	─────────
	At 31 December 2025	1,120	1,120
		─────────	─────────
	Net book value
	At 31 December 2025	401	401
		═════════	═════════
	At 31 December 2024	556	556
		═════════	═════════


5.	Debtors	2025	2024
		£	£

	Trade debtors	131,382	862,107
	Other debtors	79,483	87,112
	Taxation (Note 7)	9,960	-
		─────────	─────────
		220,825	949,219
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Trade creditors	98,181	727,685
	Amounts owed to group undertakings	-	200,000
	Taxation (Note 7)	29,952	70,794
	Other creditors	109,893	152,265
		─────────	─────────
		238,026	1,150,744
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Debtors:
	VAT	9,960	-
		═════════	═════════
	Creditors:
	VAT	-	55,161
	PAYE / NI	29,952	15,633
		─────────	─────────
		29,952	70,794
		═════════	═════════

Post-Balance Sheet Events

No event has occurred after the balance sheet date that would have a material impact on the financial statements as at 31 December 2025.

Parent company

During the current and previous period, immediate parents in which the results of the company are incorporated are listed below:

•Celfocus - Celfocus, SA, registered address Av. Dom João II, no. 34 Parque das Nações, 1998-031 Lisbon.

•Novabase - Sociedade Gestora de Participações Sociais, SA, registered address Av. Dom João II, no. 34 Parque das Nações, 1998-031 Lisbon.