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Company No: 14263453 (England and Wales)

# ADSILICO LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

ADSILICO LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

ADSILICO LIMITED

## BALANCE SHEET

As at 31 December 2025
ADSILICO LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 37,615 |  | 50,547
|  | 37,615 |  | 50,547
Current assets |  |  |  |
Debtors | 4 | 376,910 |  | 304,827
Cash at bank and in hand | 5 | 1,392,877 |  | 2,593,832
|  | 1,769,787 |  | 2,898,659
Creditors: amounts falling due within one year | 6 | ( 101,435) |  | ( 80,707)
Net current assets |  | 1,668,352 |  | 2,817,952
Total assets less current liabilities |  | 1,705,967 |  | 2,868,499
Net assets |  | 1,705,967 |  | 2,868,499
Capital and reserves |  |  |  |
Called-up share capital | 7 | 18 |  | 18
Share premium account |  | 3,441,544 |  | 3,441,544
Profit and loss account |  | ( 1,735,595 ) |  | ( 573,063 )
Total shareholders' funds |  | 1,705,967 |  | 2,868,499

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Adsilico Limited (registered number: 14263453) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

S L Macpherson Director |

21 July 2026

ADSILICO LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
ADSILICO LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Adsilico Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Nexus, Discovery Way, Leeds, LS2 3AA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Employees | 13 |  | 10

Monthly average number of persons employed by the Company during the year, including directors are as above.

#### 3. Tangible assets

| Computer equipment |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2025 | 54,901 |  | 54,901
Additions | 6,904 |  | 6,904
Disposals | ( 58) |  | ( 58)
At 31 December 2025 | 61,747 |  | 61,747
Accumulated depreciation |  |  |
At 01 January 2025 | 4,354 |  | 4,354
Charge for the financial year | 19,786 |  | 19,786
Disposals | ( 8) |  | ( 8)
At 31 December 2025 | 24,132 |  | 24,132
Net book value |  |  |
At 31 December 2025 | 37,615 |  | 37,615
At 31 December 2024 | 50,547 |  | 50,547

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Prepayments and accrued income | 156,807 |  | 195,844
VAT recoverable | 10,504 |  | 17,301
Corporation tax | 204,797 |  | 87,352
Other debtors | 4,802 |  | 4,330
| 376,910 |  | 304,827

#### 5. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 1,392,877 |  | 2,593,832

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 32,550 |  | 32,064
Accruals | 35,310 |  | 24,337
Other taxation and social security | 27,024 |  | 19,360
Other creditors | 6,551 |  | 4,946
| 101,435 |  | 80,707

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1,000,000 Ordinary shares of £ 0.00001 each | 10 |  | 10
777,777 Ordinary A shares of £ 0.00001 each | 8 |  | 8
| 18 |  | 18

#### 8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 |  | 2024
| £ |  | £
Within one year | 37,618 |  | 17,283
Between one and five years | 19,317 |  | 0
Total future minimum lease payments under non-cancellable operating leases | 56,935 |  | 17,283

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

| 2025 |  | 2024
| £ |  | £
Unpaid contributions due to the fund (inc. in other creditors) | 6,551 |  | 4,948