Registration number: 15028005

Dotwatcher Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Dotwatcher Ltd

Company Information

Directors

Pierre Coeffe Katherine Merle Dennis

Registered office

Dotwatcher 5-7 Buck Street Collective Auction Room London NW1 8NJ

Accountants

Carbon Accountancy Limited Chartered Accountants and Registered Auditors80-83 Long Lane London EC1A 9ET

Dotwatcher Ltd

(Registration number: 15028005)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	92,589	104,666
Tangible assets	5	814	922
		93,403	105,588
Current assets
Debtors	6	717	105
Cash at bank and in hand		19,685	11,427
		20,402	11,532
Creditors: Amounts falling due within one year	7	(367,774)	(232,578)
Net current liabilities		(347,372)	(221,046)
Net liabilities		(253,969)	(115,458)
Capital and reserves
Called up share capital	8	1	1
Retained earnings		(253,970)	(115,459)
Shareholders' deficit		(253,969)	(115,458)

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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 July 2026 and signed on its behalf by:
 

......................................... Pierre Coeffe Director

Dotwatcher Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Dotwatcher
5-7 Buck Street
Collective Auction Room
London
NW1 8NJ

These financial statements were authorised for issue by the Board on 10 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.
The company has full financial support from the parent company.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Dotwatcher Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Dotwatcher Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Dotwatcher Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	120,768	120,768
At 31 December 2025	120,768	120,768
Amortisation
At 1 January 2025	16,102	16,102
Amortisation charge	12,077	12,077
At 31 December 2025	28,179	28,179
Carrying amount
At 31 December 2025	92,589	92,589
At 31 December 2024	104,666	104,666

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	1,341	1,341
Additions	248	248
At 31 December 2025	1,589	1,589
Depreciation
At 1 January 2025	356	356
Charge for the year	419	419
At 31 December 2025	775	775
Carrying amount
At 31 December 2025	814	814
At 31 December 2024	922	922

Dotwatcher Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	34	-
Other debtors	683	105
	717	105

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		1,802	391
Amounts owed to group undertakings	9	361,020	223,535
Taxation and social security		2,401	6,266
Accruals and deferred income		1,650	1,650
Other creditors		901	736
		367,774	232,578

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £0.01 each	100	1	100	1

Dotwatcher Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9	Related party transactions

Summary of transactions with parent

Coefahey Limited
At the year end, the Company owed Coefahey Limited £361,020 (2024: £174).

Summary of transactions with other related parties

Apidura Limited
(fellow subsidiary)

2025	Other related parties £	Total £
At start of period	223,361	223,361
Repaid	(223,361)	(223,361)
At end of period	-	-

10	Parent and ultimate parent undertaking

The company's immediate parent is Coefahey Limited, incorporated in England.