Company Registration No. 12924603 (England and Wales)
Moai Health Limited
Unaudited accounts
for the year ended 31 October 2025
Moai Health Limited
Unaudited accounts
Contents
Moai Health Limited
Company Information
for the year ended 31 October 2025
Director
Patrick Timothy Davey
Company Number
12924603 (England and Wales)
Registered Office
33 St John's Mews
London
WC1N 2QL
United Kingdom
Moai Health Limited
Statement of financial position
as at 31 October 2025
Intangible assets
331,565
431,124
Tangible assets
16,700
1,068
Cash at bank and in hand
111,696
19,339
Creditors: amounts falling due within one year
(107,943)
(56,501)
Net current assets
15,049
43,959
Net assets
363,314
476,151
Called up share capital
183
183
Share premium
680,992
619,482
Capital redemption reserve
176,405
176,405
Profit and loss account
(494,266)
(319,919)
Shareholders' funds
363,314
476,151
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2026 and were signed on its behalf by
Patrick Timothy Davey
Director
Company Registration No. 12924603
Moai Health Limited
Notes to the Accounts
for the year ended 31 October 2025
Moai Health Limited is a private company, limited by shares, registered in England and Wales, registration number 12924603. The registered office is 33 St John's Mews, London, WC1N 2QL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicableto companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been
applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The accounts are presented in £ sterling.
As with most if not all Tech start-ups, the continued viability of the company relies on sourcing sufficient investment for the development. The directors consider that there is a reasonable expectation of receiving these funds and the financial statements are therefore presented on the going concern basis.
Turnover is recognised at the fair value of the consideration received or receivable services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of
the expenses recognised that it is probable will be recovered.
Intangible fixed assets other than goodwill
Trademark and app development costs are recognised as intangible assets when the directors consider that completion of the project is feasible, and that the company will benefit economically once implemented.
Development costs are measured at cost less accumulated amortisation and accumulated impairment losses.
Amortisation of the trademark and development costs commence once the project is complete and available for use.
Trademark costs Amortised over 5 years
Development costs Amortised over 5 years
Website Costs Amortised over 5 years
Moai Health Limited
Notes to the Accounts
for the year ended 31 October 2025
Tangible fixed assets and depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and thecarrying value of the asset, and is credited or charged to profit or loss.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer equipment
33% Straight line
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the
profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and
it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using
tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the
extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the
initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting
profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is
no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the
asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items
charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and
liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the
deferred tax assets and liabilities relate to taxes levied by the same tax authority.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
Moai Health Limited
Notes to the Accounts
for the year ended 31 October 2025
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Intangible fixed assets
Other
At 1 November 2024
497,802
At 31 October 2025
497,802
Charge for the year
99,559
At 31 October 2025
166,237
At 31 October 2025
331,565
At 31 October 2024
431,124
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2024
-
4,785
4,785
Additions
16,366
499
16,865
At 31 October 2025
16,366
5,284
21,650
At 1 November 2024
-
3,717
3,717
Charge for the year
-
1,233
1,233
At 31 October 2025
-
4,950
4,950
At 31 October 2025
16,366
334
16,700
At 31 October 2024
-
1,068
1,068
Amounts falling due within one year
Other debtors
11,296
81,121
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
10,803
9,151
Taxes and social security
4,344
8,549
Other creditors
70,960
38,801
Loans from directors
12,966
-
Moai Health Limited
Notes to the Accounts
for the year ended 31 October 2025
Allotted, called up and fully paid:
1,828 Ordinary shares of £0.10 each
182.80
182.80
9
Average number of employees
During the year the average number of employees was 5 (2024: 4).