REGISTERED NUMBER: 11695725 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

NANOVERY LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr J S J Foulger

Ms R E Galloway

Dr E J Gibson

Dr J Kozyra

SECRETARY:

Ms R E Galloway

REGISTERED OFFICE:

The Biosphere

Draymans Way, Newcastle Helix

Newcastle Upon Tyne

Tyne and Wear

NE4 5BX

REGISTERED NUMBER:

11695725 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

53,273

85,543

CURRENT ASSETS

Debtors

5

448,130

156,163

Cash at bank

430,345

406,926

878,475

563,089

CREDITORS

Amounts falling due within one year

6

182,364

185,480

NET CURRENT ASSETS

696,111

377,609

TOTAL ASSETS LESS CURRENT LIABILITIES

749,384

463,152

CREDITORS

Amounts falling due after more than one year

7

35,349

598,704

NET ASSETS/(LIABILITIES)

714,035

(135,552

)

CAPITAL AND RESERVES

Called up share capital

8

239

182

Share premium

3,349,380

1,683,662

Retained earnings

(2,635,584

)

(1,819,396

)

SHAREHOLDERS' FUNDS

714,035

(135,552

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 February 2026 and were signed on its behalf by:

Dr J Kozyra - Director

Ms R E Galloway - Director

1.	STATUTORY INFORMATION

Nanovery Limited 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.

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.

Turnover

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

Tangible fixed assets

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% on cost

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

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

214,463

Additions

26,214

At 30 November 2025

240,677

DEPRECIATION

At 1 December 2024

128,920

Charge for year

58,484

At 30 November 2025

187,404

NET BOOK VALUE

At 30 November 2025

53,273

At 30 November 2024

85,543

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Trade debtors

106,400

-

Other debtors

341,730

156,163

448,130

156,163

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Hire purchase contracts

22,898

34,950

Trade creditors

34,298

28,427

Taxation and social security

22,973

43,401

Other creditors

102,195

78,702

182,364

185,480

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/11/25

30/11/24

£

£

Hire purchase contracts

-

24,301

Other creditors

35,349

574,403

35,349

598,704

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/25

30/11/24

value:

£

£

710,683

Ordinary Shares

£0.0001

71

67

1,276,385

Ordinary 'A' Shares

£0.0001

128

75

400,000

Deferred shares

£0.0001

40

40

239

182

The following fully paid shares were allotted during the year at a premium as shown below:

38,657 Ordinary Shares shares of £0.0001 each at £1.31 per share

522,940 Ordinary 'A' Shares shares of £0.0001 each at £3.09 per share