REGISTERED NUMBER: 03649946 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

PENDULUM TECHNOLOGY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

J R J Taylor

Mrs L P Taylor

Secretary:

Mrs L P Taylor

Registered office:

38 Bearfield Road

Kingston upon Thames

Surrey

KT2 5ET

Registered number:

03649946 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Current assets

Cash at bank

71,861

87,857

Creditors

Amounts falling due within one year

5

1,947

1,941

Net current assets

69,914

85,916

Total assets less current liabilities

69,914

85,916

Capital and reserves

Called up share capital

6

2

2

Retained earnings

7

69,912

85,914

Shareholders' funds

69,914

85,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

J R J Taylor - Director

Mrs L P Taylor - Director

1.	Statutory information

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

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is as accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed of.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Financial instruments

Going concern policy

The director intends to find an alternative income stream but to date it has not been established what this will be nor when income will start to be received by the company. The director has confirmed in writing that there is no intention to liquidate the company and that the intention is for alternative income streams to be established.

Where possible, measures have been implemented to reduce the operating cost base of the company until such time as alternative revenue streams are established and in doing so the director is of the opinion that the company has the resources to pay all liabilities as they fall due for a period of twelve months from the date of signing of these accounts and therefore consider the going concern basis for the preparation of these accounts to be appropriate.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 December 2024

and 30 November 2025

27,979

Depreciation

At 1 December 2024

and 30 November 2025

27,979

Net book value

At 30 November 2025

-

At 30 November 2024

-

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Taxation and social security

363

250

Other creditors

1,584

1,691

1,947

1,941

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2

7.

Reserves

Retained

earnings

£

At 1 December 2024

85,914

Profit for the year

1,998

Dividends

(18,000

)

At 30 November 2025

69,912