General Information
NEUROUTE LTD is a private company, limited by shares, registered in England and Wales, registration number 12075347, registration address Jubilee Business Centre, 213 Kingsbury Road, Suite 15, I Floor, LONDON, United Kingdom, NW9 8AQ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The financial statements have not been prepared on a going concern basis as the directors have resolved to cease the company's operations and apply for the company to be struck off the register. A DS01 application was filed in 15 May 2026.
Accordingly, the financial statements have been prepared on a basis other than going concern. Assets have been stated at their estimated realisable values and liabilities at the amounts expected to be settled. Provision has been made for any liabilities arising from the decision to close the company, including the costs of closure.
Website cost
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
Tangible fixed assets
These accounts have been prepared on a break-up basis. Under this basis, fixed assets should be stated at their estimated net realisable value.
No information has been provided by the directors to indicate that the realisable value of the fixed assets differs from their carrying value in these accounts. In the absence of any such information, the existing carrying value has therefore been used as the best available estimate of net realisable value.
Other Investments
Other Investments are stated at cost less provision for any permanent diminution in value.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
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| 2. |
Average number of employees
Average number of employees during the year was 2 (2024 : 3).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and machinery etc |
|
Total |
| |
£ |
|
£ |
| At 01 July 2024 |
20,563 |
|
20,563 |
| Additions |
8,301 |
|
8,301 |
| Disposals |
- |
|
- |
| At 30 June 2025 |
28,864 |
|
28,864 |
| Depreciation |
| At 01 July 2024 |
4,294 |
|
4,294 |
| Charge for year |
5,750 |
|
5,750 |
| On disposals |
- |
|
- |
| At 30 June 2025 |
10,044 |
|
10,044 |
| Net book values |
| Closing balance as at 30 June 2025 |
18,820 |
|
18,820 |
| Opening balance as at 01 July 2024 |
16,269 |
|
16,269 |
|
| 4. |
Investments
| Cost |
Other investments other than loans |
|
Total |
| |
£ |
|
£ |
| At 01 July 2024 |
5,000 |
|
5,000 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 30 June 2025 |
5,000 |
|
5,000 |
|
| 5. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
1,250,000
Ordinary Shares shares of £0.00008 each |
100 |
|
100 |
|
443,622
Series Pre-Seed shares of £0.00008 each |
35 |
|
35 |
|
135 |
|
135 |
|
| 6. |
Post Balance Sheet Event
After the balance sheet date, the company applied to Companies House for voluntary strike off on 15 May 2026. This is the reason these accounts have been prepared on a break-up basis rather than a going concern basis, as explained in the Basis of Preparation note.
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| 7. |
Related Party Transactions
During the year, the company advanced £62,144.81 to Nueraroot Ltd.
Nueraroot Ltd was dissolved on 18 November 2025. As a consequence, the directors consider the intercompany balance to be irrecoverable. Accordingly, the balance has been written off in these financial statements.
The write-off has resulted in a charge of £62,144.81 being recognised in the profit and loss account.
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2
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